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AI-powered tutoring startup SigIQ.ai raises $9.5 million; know what it does
- AI-powered tutoring startup SigIQ.ai has raised $9.5 million in seed funding to bring one-on-one tutoring to students worldwide.
- The round was co-led by The House Fund and GSV Ventures, with participation from Duolingo, General Catalyst India, Peak XV Partners, and Calibrate Ventures.
- SigIQ.ai plans to scale its flagship products, PadhAI and EverTutor, while enhancing its proprietary AI tutoring models.
- The startup aims to offer personalized and interactive tutoring, addressing the challenge of scalability in traditional one-on-one tutoring.
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Yourstory
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41
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February sales show genuine customer demand, not token-amount bookings: Ola Electric
- Ola Electric clarified that its February sales indicate genuine customer demand and not 'token-amount bookings'.
- The company announced its February 2025 sales based on paid and confirmed orders, not preliminary bookings.
- Nearly 90% of the orders were fully paid at the time of placement, including orders for the newly available products.
- Ola Electric emphasized that vehicle deliveries follow confirmed orders with full payment, which is an industry standard practice.
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Inc42
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February Sales Data Included Paid Orders, Not Preliminary Bookings: Ola Electric
- Ola Electric clarifies that February 2025 sales announcements were based on paid and confirmed orders, not preliminary bookings.
- 90% of the orders were paid in full at the time of placement.
- The delivery of Ola Electric's first e-motorcycles might take at least two more months.
- The Ministry of Road Transport and Highways has allegedly sought clarification on the monthly sales numbers from Ola Electric.
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Insider
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These agentic AI startups raised a combined $52 million. Here's a look at their decks — and what made them stand out.
- Agentic AI startups are raising notable funding rounds and attracting investor interest.
- Three key features found in successful pitch decks for agentic AI startups were analyzed.
- Key features include highlighting a community of supporters, outlining a specific solution to a market problem, and demonstrating retention and budget replacement.
- Investors are looking for education, conviction, and excitement from pitch decks of agentic AI startups.
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Inc42
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336
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Matter of Minutes: How D2C Brands Can Win the Quick Commerce Game
- The global transition post-Covid saw a rapid embrace of New Normal, with India's retail market growing significantly.
- The rise of fintechs and government focus on financial inclusion positioned Indian consumers for quick commerce adoption.
- Quick commerce saw significant growth, with revenues surpassing $4.2 billion by 2023 and expanding into tier II cities.
- Quick commerce's speed and convenience appealed to consumers, challenging marketplaces and D2C brands.
- Technology enabled quick commerce to expand beyond groceries to categories like electronics and fashion.
- Challenges faced by D2C brands in listing on quick delivery platforms led to the rise of logistics enablers like Zippee.
- Zippee helped D2C brands achieve faster deliveries, reduce NDRs and RTO rates, and retain customer data.
- Speed and efficiency in logistics become crucial for D2C brands to meet customer expectations and compete in the market.
- Zippee's integration with brands' online stores and real-time order tracking enhances customer experience and reduces logistics costs.
- As the D2C and quick commerce sectors grow, enablers like Zippee play a vital role in improving conversion rates and sustaining customer relationships.
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Eu-Startups
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NexGen Cloud secures €41 million to expand sovereign AI infrastructure in Europe
- London-based NexGen Cloud has raised €41 million in a Series A funding round to expand its sovereign AI infrastructure in Europe.
- The funding will support the company's mission to provide hyperscale-like capacity globally, with a focus on delivering sovereign capabilities in Europe.
- NexGen Cloud offers enterprise AI cloud solutions, including private clouds for large-scale sovereign AI environments and on-demand GPU access.
- The investment will be used to scale NexGen Cloud's infrastructure and expand its full stack cloud capabilities to support production-ready AI applications.
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Eu-Startups
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Eyes Like a Hawk: AML startup Hawk raises €51.8 million to expose hidden financial crimes
- Munich-based AML startup Hawk raises €51.8 million in Series C funding round.
- Funding round led by One Peak, with participation from existing investors.
- Hawk provides AI-powered anti-money laundering and fraud prevention solutions.
- Investment to support product innovation and global expansion, particularly into the US.
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Inc42
5d
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Wealthtech Startup Scripbox Seeks Funding At $200 Mn Valuation: Report
- Bengaluru-based wealthtech startup Scripbox is in talks to raise $15-20 Mn at a valuation of $200 Mn.
- The company aims to get listed on stock exchanges in the next 18-24 months.
- Last year, Scripbox secured a funding of $5 Mn at a post-money valuation of $138 Mn.
- Scripbox allows users to invest in mutual fund schemes and offers financial planning services through its AI-powered tech stack.
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Yourstory
5d
365
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Meet the top 10 innovative companies to keep an eye on in 2025
- India's startup ecosystem has over 1.59 lakh startups, with big cities leading the transformation and smaller cities contributing as well.
- Top innovative companies in 2025 are driving industry transformations with cutting-edge technology and customer-focused solutions.
- Zeko AI is revolutionizing talent acquisition with AI agents for bias-free screening and real-time interview analysis.
- Square Dream Homes blends heritage aesthetics with modern sophistication in luxury real estate to redefine premium living.
- Farmland Bazaar is India's first online marketplace for farmlands, connecting buyers and sellers for sustainable land investments.
- Mankomb's Chewie is an AI-powered appliance converting wet waste into nutrient-rich soil, promoting sustainable living.
- NayaJaisa specializes in premium refurbished electronics, offering quality solutions with over 200,000 units sold.
- Billebon creates comfort-first products like neck pillows and lumbar cushions, aiming to enhance ergonomic comfort for users.
- Nilam India celebrates artisanal craftsmanship in handmade women's fashion, blending traditional techniques with modern designs.
- Volkano AI enhances D2C brands' ad creatives to drive conversions by providing proven ad ideas and insights.
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Inc42
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Centre Finalising Move To Bring Online Gaming Apps Under PMLA: Report
- The Centre is finalising a move to bring online real money gaming platforms under the purview of anti-money laundering laws.
- The move would enforce stricter requirements on these apps, including know-your-customer process and reporting suspicious transactions.
- The online gaming firms may be classified as reporting entities under the Prevention of Money Laundering Act.
- The government aims to curtail unaccounted money circulating within these apps.
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ISN
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262
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GenZ women-focused fashion startup Outzidr raises Rs 30 crore in a Seed round
- Outzidr, a Gen Z women-focused fashion startup, has raised Rs 30 crore ($3.5 million) in a seed funding round led by Stellaris Venture Partners.
- The funds will be used to strengthen the supply chain, enhance technology, expand the team, and improve brand development and inventory management capabilities.
- Outzidr follows a 'test-and-react' approach to trend adoption, launching new styles in small batches and scaling only the most promising products.
- The startup plans to shift 90% of its manufacturing base to India within two years and aims to achieve an annual revenue run rate of Rs 100 crore in the next 6-8 months.
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Yourstory
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Meet CORLEO: Kawasaki’s Four-Legged Robot That Can Walk, Climb, and Ride
- Japanese engineering giant Kawasaki has unveiled CORLEO, a revolutionary four-legged robot equipped with hooves.
- CORLEO resembles a mechanical horse, with four articulated legs ending in hoof-like extremities, allowing it to traverse difficult terrains with agility.
- The robot supports three primary modes: walking, riding, and climbing, making it ideal for surveillance, exploration, disaster recovery, and military applications.
- The decision to design CORLEO with hooves instead of wheels is based on research into terrain adaptability, following the growing trend of biomimetic robotics.
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Inc42
5d
24
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Neo Asset Marks First Close Of Second Private Credit Fund At INR 2,000 Cr
- Neo Asset Management has marked the first close of its second flagship private credit fund at INR 2,000 Cr.
- The Neo Special Credit Opportunities Fund-II (NSCOF II) is targeting a total corpus of INR 5,000 Cr.
- The fund aims to provide credit solutions to EBITDA-positive companies and is backed by hard asset collateral.
- Neo Asset Management plans to create a diversified portfolio with 25-30 investments, each ranging between INR 150-300 Cr.
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Yourstory
5d
201
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Neo Asset Management raises Rs 2,000 Cr for second private credit fund
- Neo Asset Management has raised Rs 2,000 crore for its second private credit fund.
- The Neo Special Credit Opportunities Fund-II (NSCOF-II) aims to raise a total corpus of Rs 5,000 crore.
- The fund provides structured credit to mid-market, EBITDA-positive companies, backed by hard asset collateral.
- The first close of the fund has attracted investments from family offices, ultra-high net-worth individuals, and institutional investors.
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Nonprofithub
5d
24
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Big Results for Small Nonprofits: 5 Fundraising Strategies
- Small nonprofits can achieve significant fundraising results by utilizing budget-friendly strategies that engage donors effectively.
- Crowdfunding campaigns offer a simple way to raise funds and spread awareness by leveraging social sharing and authentic storytelling.
- Hosting virtual events can help connect donors and build a sense of community around your nonprofit's mission without putting a strain on resources.
- Designing branded merchandise can serve as both a reward for donors and a marketing tool, enhancing brand recognition and generating extra revenue.
- Promoting corporate matching gifts can double or triple donors' contributions, but it's crucial to raise awareness about this opportunity across various channels.
- Utilizing donor data through CRM platforms helps personalize communication, nurture donor relationships, and maximize engagement for long-term support.
- Implementing these strategies gradually, aligning them with resources and audience, and measuring performance metrics can guide small nonprofits to optimize their fundraising efforts.
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