Deep tech startup NeuralGarage raises $1.45 million in seed funding
Bangalore-based deep tech startup NeuralGarage has raised $1.45 million in seed funding led by with the participation of angel investors, including Anand Singh (Elios and Nexus Global Fund), Sarath Sura (Sunn91 Ventures), Sachin Jain, Narendra Soni (ex-KPMG) and Kejal Shah (ex-Avendus PE).
The company uses artificial intelligence and computer vision algorithms to improve content consumption, delivery, and creation.
Founded by Subhashish Saha, Anjan Banerjee, Subhabrata Debnath and Mandar Natekar, NeuralGarage will use the new funds to invest in recruiting talent, R&D, engineering and product verticals.
Buyofuel biofuel market rakes in Rs 11.5 crore
an online marketplace for biofuels and waste, has raised over 11.5 crores (~$1.4 million) in a pre-Series A round led by with participation of , Lead Angels Fund, and .
Funds will be used to expand services across all geographies, as well as develop product and technology offerings.
The startup says it has the largest biofuel supply base and fuel consumers.
Car startup Fixigo raises seed funding from Agility Ventures
Automotive tech startup Fixigo has raised an undisclosed amount of seed funding in a round led by featuring industry veteran and head of iGlobe Telecom, Tarun Kalra and Alienics Inc, a Canadian investment firm.
Other unknown angel investors are also said to have invested in the round. The startup plans to use the funds to expand its services in newer markets such as Hyderabad, Pune and Mumbai, he said in a press release.
Fixigo offers auto repair and maintenance after-sales services. It seeks to strengthen its foothold in the auto repair and service market with the help of technology. The app offers a range of services such as on-demand car washes, periodic services, breakdowns, mechanical repairs, and accident claims.
Conversational eCommerce platform Gallabox raises $1.2 million
Gallabox, a conversational commerce platform for small and medium-sized businesses, has raised $1.2 million in seed funding led by . Several angel investors also participated in the round.
The no-code platform uses the WhatsApp Business API to help SMBs improve sales conversations without a mobile app. It serves more than 500 clients including PVR, Shiprocket and Mantri.
(The copy will be updated throughout the day with the latest news)