Deeptech Startup peAR Raises Funds From Venture Catalysts To Scale Its 3D Restaurant Menus
Mumbai-based deeptech startup peAR Technologies has raised an undisclosed amount of seed funding from capital venture firm Venture Catalysts. Currently, the B2B startup leveraging augmented reality (AR) tech empowers restaurants to showcase their entire menu in high-definition 3D models which can be accessed using peAR’s smartphone application.
Sixth Sense Ventures founder leads seed funding in ed-tech startup ENpower
ENpower, which provides entrepreneurship learning programmes for school children, said it has raised INR 2.65 crore in a seed round of funding led by Nikhil Vora, founder and CEO of Sixth Sense Ventures, a consumer-centric venture fund.
P2P lender KoinWorks bags USD 1.4m from Japan’s Saison Capital
Indonesian peer-to-peer lending platform KoinWorks has received around USD 1.4 million in additional funding from Saison Capital, the venture arm of Japanese financial services firm Credit Saison, as part of its series B round.
Japanese fintech startup Paidy raises USD 143m from PayPal, others
Japanese fintech firm Paidy has raised a total of USD 143 million in series C funding and debt financing from new and existing investors. PayPal Ventures, Soros Capital Management, JS Capital Management, Tybourne Capital Management, and an undisclosed company invested in Paidy as part of the firm’s USD 83 million series C round, according to the statement.
Away From China, Flex Commits USD 500 Mn Investment For India
The US-based electrical and electronics component manufacturer Flex on Monday (November 4) announced that it is planning to expand its business from China to other geographies, including India. According to the TOI report, the company has made up its mind to invest about USD 500 Mn (over INR 3500 Cr) to increase its manufacturing capabilities in India, and also increasing its exports from India to other markets.