Tag: Entrackr : Latest Posts

B2B SaaS platform Mojro recently announced securing $3 million in funding led by IAN Alpha Fund, with additional investment from 1Crowd and existing backers. The company plans to utilize the capital to expand its presence in the US and Southeast Asia, improve its AI-powered optimization platform, and strengthen its product, engineering, and sales teams.

Established in 2016 by Kishan Aswath, Amit Kulkarni, and Ranganath Seetharamu, Mojro specializes in developing a B2B SaaS platform tailored for logistics planning and optimization. Serving a clientele comprising mid to large enterprises across various sectors such as CPG, retail, courier, dairy, and e-commerce, Mojro’s platform enables customers to streamline route optimization, handle delivery constraints efficiently, and reduce logistics expenses.

Operating on a usage-based SaaS model, Mojro derives more than 60% of its revenue from international markets, including the US, Malaysia, Singapore, and the Philippines. The company has forged collaborations with consulting and technology firms in the US to enhance customer acquisition efforts.

Through its flagship products, PlanWyse and ExecuteWyse, Mojro provides optimization and real-time execution tools tailored for supply chains. The company claims that its customers can achieve up to 20% savings in logistics costs and witness tangible results within just 90 days of deployment.

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Urban Company, a leading provider of home services, has achieved a significant milestone with its quick-service housekeeping vertical, InstaHelp. The platform recently surpassed 50,000 daily bookings, less than a year after its initial launch in March 2025, highlighting the growing demand for convenient and efficient home maintenance solutions.

Introduced as a pilot project in Mumbai, InstaHelp has quickly expanded its services to key micro-markets across major cities like Bengaluru, Delhi, Hyderabad, and Pune. Offering a range of on-demand services including cleaning, dishwashing, laundry, and meal preparation, InstaHelp has become a go-to solution for busy individuals seeking reliable assistance with household chores.

According to Abhiraj Singh Bhal, CEO of Urban Company, the company’s strategic focus on cultivating a high-frequency category has not only enhanced user engagement but also driven sustainable long-term growth. The success of InstaHelp is evident in the surge of daily bookings and increasing revenue figures.

While the expansion of InstaHelp has been a key driver of growth for Urban Company, the company faced a consolidated net loss of Rs 21 crore in Q3 FY26, attributed in part to significant investments in the InstaHelp vertical. Competing in the competitive instant home services sector, Urban Company continues to navigate challenges posed by rivals such as Snabbit and Pronto.

Despite the financial challenges, Urban Company’s overall revenue from operations witnessed a notable 32% increase to Rs 383 crore in the same quarter, showcasing the resilience and adaptability of the company in a dynamic market landscape.

Source: Entrackr : Latest Posts

Indian IoT startup DATOMS has secured Rs 25 crore in a Series A funding round led by Big Capital JSC, with support from IvyCap Ventures and YourNest Venture Capital. This funding will enable DATOMS to enhance its product and technology, expand its market presence, and recruit talent in engineering, data science, and enterprise sales.

DATOMS, founded in 2021, offers an industrial IoT platform that transforms physical machines into trackable assets, facilitating real-time performance monitoring, failure prediction, energy optimization, and service management for enterprises and OEMs. With a current monitoring capacity of over 25,000 machines in various sectors, DATOMS aims to scale up to 1 lakh machines within a year. Operating from Bhubaneswar and Bengaluru, the company serves more than 100 global customers.

Despite reporting increased operating revenue in FY25, DATOMS also experienced widened losses during the same fiscal year. The company’s focus on leveraging technology to optimize operational efficiency and asset management underscores the importance of industrial IoT solutions.

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US-based venture capital firm General Catalyst has announced plans to invest $5 billion in India over the next five years. The announcement was made at the India AI Impact Summit in New Delhi, highlighting the firm’s commitment to fostering innovation across various sectors.

General Catalyst CEO Hemant Taneja stated that the investment will target key areas such as artificial intelligence, healthcare, fintech, defense, and industrial technology. Additionally, the firm aims to bolster new company creation initiatives within the Indian tech ecosystem.

This substantial financial commitment signifies a significant expansion of General Catalyst’s presence in India. Following the acquisition of Venture Highway in 2023, the firm has actively supported Indian startups at different growth stages, with a diverse portfolio that includes companies like Zepto, PB Health, and Jeh Aerospace.

Emphasizing India’s robust digital infrastructure and talented workforce, Taneja underscored the strategic importance of the expanded focus. He expressed plans to collaborate closely with local founders and institutions to nurture the growth of innovative businesses in the region.

The announcement aligns with a broader trend of heightened investor interest in India’s technology and infrastructure sectors, reflecting the country’s growing prominence in the global tech landscape.

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ValleyNXT Ventures has introduced the Bharat Breakthrough Fund–I, a SEBI-registered Category I venture capital fund with a total size of Rs 400 crore aimed at backing seed to pre-Series A startups.

Startups often face challenges between validation and scaling, such as fragmented advice and premature scaling pressure. The Bharat Breakthrough Fund addresses these issues through a unique VC-plus-accelerator model, utilizing ValleyNXT’s MIB framework—Mentorship, Investment, and Business Connects.

The fund, with a base corpus of Rs 200 crore and a greenshoe option of an additional Rs 200 crore, focuses on investing in deep-tech and tech-first startups. It supports innovation in sectors like space tech, defense tech, robotics, AI/ML, cybersecurity, biotech, sustainability, and consumer innovation.

Led by experienced individuals, the fund combines expertise in venture investing, acceleration, governance, and deep-tech innovation.

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LocalHost, a startup launchpad, has successfully raised $2.5 million in angel funding from InVideo, RedBull India, Anthropic, and Eros International. The funding aims to enhance LocalHost’s global founder labs and provide support for early-stage startups.

The company plans to utilize the fresh capital to expand infrastructure, reinforce hardware capabilities, grow operational teams globally, and assist additional early-stage founder cohorts. Founded in 2023 by Kei Hayashi, Suhas Sumukh, and Hardeep Gambhir, LocalHost offers in-person labs tailored as a launchpad for young technical and creative founders working at the convergence of media, software, and hardware.

In India, LocalHost conducts a 50-day founder lab in Bengaluru, selecting 15 founders per cohort to collaborate on projects spanning AI agents, robotics, India-native language models, and multidisciplinary media products. Beyond India, the company operates labs in Tokyo and Cluj-Napoca, with expansion plans in San Francisco, alongside hardware-focused labs set for Japan and France. These labs provide communal workspaces, hardware access, operational backing, and a community fund to eliminate minor execution obstacles.

Since its establishment in India, LocalHost has hosted cohorts attended by more than 30 venture partners and ecosystem participants. Notable startups that have emerged from the program include Maya Research, Prava Payments, Dawn Labs, Whisperwave, Markov, and Flashmates.

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Bengaluru-based startup Kutumb has launched Polo, a specialized dating application for the LGBTQ+ community, now available on the Google Play Store.

Polo offers features like selfie-based profile verification, intelligent matchmaking, instant messaging, and audio/video calling. Users can also create private photo albums and apply filters based on age and location.

Polo’s release aligns with Kutumb’s strategy of expanding its consumer internet offerings beyond its primary social networking platform. In addition to Polo, Kutumb manages various consumer apps spanning astrology, lifestyle, social networking, and utilities.

In June 2021, Kutumb secured $26 million in Series A funding led by Tiger Global, a significant milestone for the company. Financially, Kutumb reported a substantial revenue surge in FY25, reaching Rs 128.6 crore in operations revenue and a net profit of Rs 12 crore.

Sources indicate that Polo is currently generating approximately Rs 5 crore in monthly revenue. Polo’s entry into India’s LGBTQ+ dating market introduces competition alongside existing platforms like Grindr and ROMEO. The LGBTQ+ dating segment, though smaller than mainstream apps, has seen growth in urban areas, highlighting the importance of user safety, privacy, profile verification, and moderation in fostering trust and retention.

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HomeRun, a platform specializing in construction and interior materials, has successfully raised ₹60 crore in its Series A funding round. The investment was led by Sorin Investments, contributing ₹40 crore. Other key investors included Titan Capital Winners Fund, Sparrow Capital, Consumer Collective by Atrium, and Helios Holdings.

This funding round follows a previous seed funding round where HomeRun secured ₹9 crore with co-leads Titan Capital and Sparrow Capital. The newly acquired capital will be used to diversify product offerings, enhance sourcing and supply-chain capabilities, expand dark-store infrastructure, improve fulfillment technology, and facilitate entry into new markets.

Established in 2024 by Pukhraj Grewal, HomeRun functions as a rapid commerce platform specializing in construction and home-improvement materials. It provides swift deliveries of various products like cement, plywood, electricals, plumbing supplies, hardware, adhesives, and finishing materials within 60–90 minutes via a hyperlocal dark-store network.

HomeRun caters to both homeowners and contractors, aiming to address supply chain disruptions, pricing uncertainties, and procurement delays. Its key competitors include traditional retailers, IBO, and Material Depot.

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