Robotics Startup Emotix Raises $7.5 Mn Funding For Its Expansion Drive
Emotix (popularly known as Miko), the robotics-startup which develops educational and recreational robot toys for children, is looking to raise USD 7.5 Mn in a Series A funding round led by Chiratae Ventures with participations from YourNest Venture Capital, investor Bruno Raschle and a group of other angel investors.
Uniphore Software Systems, the Chennai-based conversational AI startup, has announced that it has raised USD 51 Mn in a Series C funding round led by March Capital Partners which also saw participation from Chiratae Ventures, Sistema Asia, ITP, CXO Fund, Iron Pillar, Patni Family also participated in the round.
Rapido, a Bengaluru-based bike taxi startup, is reportedly talking for funding of a close to USD 50 Mn led by Westbridge Capital and China-based ShunWei Capital, said two sources aware of the development to Livemint.
Ola’s Modernisation Drive Continues With Acquihire Of Pikup.ai
Ola, the Bengaluru-based cab-hailing unicorn, has announced the acquihire of another Bengaluru-based company called Pikup.ai, an artificial intelligence startup. The details of the deal remain undisclosed with reports that Piki.ai founders – Inder Singh and Ritwik Saikia set to join team Ola.
P2P Lending Startup Faircent Gets Funding From Das Capital and Gunosy Capital
Faircent, a P2P (peer-to-peer) lending startup, has raised a fresh round of funding from Das Capital and Gunosy Capital with existing investors M&S Partners and Startharbor Asia also participating in this round.