Omnivore Invests In USD 1.1 Mn Seed Round Of Aquaculture Startup Aquaconnect

Chennai-based Aquaconnect has raised a seed round of USD 1.1 Mn from agritech focussed VC Omnivore, and company’s existing investor HATCH. As a part of this investment, Omnivore’s Chennai office lead Reihem Roy will be joining Aquaconnect’s board to support the company’s growth strategy.

Source: INC42



Angel Investors Back Robotics Startup Emotix With Fresh Funding

Mumbai-based robotics startup Emotix has raised yet another funding round from a clutch of investors. According to the Ministry of Corporate Affairs filings accessed by Inc42, the company on September 21 has allotted 2,403 Seed 1 CCPS to 10 angel investors at a nominal value of INR 100 and a premium of INR 66,419 per share.

Source: INC42



OfBusiness Raises USD 34 Mn Series D Funding From Norwest, Others

Gurugram-based fintech platform OfBusiness has raised its next round of growth capital from existing and new investors. According to the Ministry of Corporate Affairs filings accessed by Inc42, the company in a resolution passed on September 17 floated an offer to raise INR 242.35 Cr (USD 34.2 Mn) in Series D funding.

Source: INC42



Deepika Padukone’s Family Office Invests In Electric Cab-Hailing Startup Blu Smart

Delhi-based Blu Smart has raised USD 3 Mn angel round from the Bollywood actress Deepika Padukone’s family office Ka Entreprises, JITO Angel Network, Kalpavriksh Trust, Survam Partners, cofounder of Micromax Rajesh Agarwal, and the MD of Bajaj Capital Sanjiv Bajaj among other investors.

Source: INC42


Enterprise Tech

Reliance Jio-Owned Haptik Acquires Ecommerce Chatbot

Reliance Jio-owned conversational AI assistant Haptik has acquired an AI recommendation chatbot for around USD 3-4 Mn.

Source: INC42


Food and Beverages

Food Brand Ketofy Chomps Through Pre-Series A Funding From Indiabulls Co-Founder, Others

Wellversed Health Pvt. Ltd, a consumer company that operates online food brand Ketofy, has raised USD 250,000 in a pre-Series A funding round from a clutch of investors including Tejinderpal Miglani, co-founder of diversified financial services group Indiabulls.