Market Updates

Relso raises $840K in pre-Seed round led by Venture Catalysts, IPV

Bengaluru-based Relso has raised $840,000 in a pre-seed round co-led by Ventures Catalysts and Inflection Point Ventures. Investors such as Ramakant Sharma (Livspace founder and Global COO), Shantanu Deshpande (Bombay Shaving Co-founder), and Saurabh Jain (Livspace India CEO) also joined the round.

Climate tech startup Sprih raises $3 million in funding round led by Leo Capital

Sprih raised $3 million for global expansion and aims for 40-50 customers with a revenue target of $6-7 million. Customers include Indigo Paints and Hero MotoCorp. Varaha raised $8.7 million in funding led by RTP Global.

Atlan Secures $27.5 Million Funding Round Led by Salesforce Ventures

Data intelligence startup Atlan has successfully closed a funding round of $27.5 million, with Salesforce Ventures taking the lead alongside other prominent investors. The round saw participation from WaterBridge Ventures, Grace Software, Peak XV Partners, and AT13 Fund.

Brij Hotels raises $4 million in Series A round led by Manipal Education and Medical Group

Boutique hotels brand Brij Hotels on March 19 announced the closure of a $4 million Series A round led by the Manipal Education & Medical Group(MEMG) Family Office. The round saw participation from investors including Abhiroop Jayanthi, MD, Bain Capital.

Blockchain Adoption in India: Qila’s Vision for Enterprise Solutions