Tag: Entrackr : Latest Posts

Early-stage venture capital firm Cedar Hill Capital has led a $1.5 million funding round in Gurugram-based fraud intelligence and risk management startup Sign3. The investment highlights Cedar Hill Capital’s continued interest in AI-driven enterprise technology within the financial sector.

Established in 2022, Sign3 specializes in an AI-native customer intelligence platform designed for real-time fraud prevention and financial decision-making. By leveraging device intelligence, behavioral biometrics, and alternative data signals, Sign3 generates risk insights for financial institutions and marketplaces.

With over 20 banks, fintech firms, and marketplaces already utilizing its platform, Sign3 focuses on detecting money mule accounts, uncovering fraud patterns, and identifying high-risk NPA users.

The funding infusion will enable Sign3 to strengthen its product offering, enhance AI models, amplify go-to-market initiatives, and expand its engineering and analytics teams.

Source: Entrackr : Latest Posts

Agritech startup Cropcoin, also known as Pehle Jaisa, has secured Rs 12 crore in a pre-Series A funding round led by Unicorn India Ventures, along with participation from Climate Angels, as reported by Entrackr.

Founded in 2022 by Pankaj Pandey and Ehtesham Farooqui, Cropcoin specializes in agricultural waste management and soil health. The company’s approach involves converting animal waste into organic fertilizers and bio-stimulants directly at the source, enabling farms to enhance hygiene, profitability, and sustainability.

By reducing reliance on chemical fertilizers, Cropcoin promotes sustainable farming practices, improves soil health, and reduces greenhouse gas emissions. The startup’s bio-products not only restore soil health and biodiversity but also cut down farmer input costs, contributing to safer and more nutritious food production.

Cropcoin plans to expand its operations significantly, covering all 66 districts in Bihar and Jharkhand. With a growing network of farmers and a strong revenue target, the startup aims to further establish its presence in the Northeastern region.

Source: Entrackr : Latest Posts

Accel and Prosus have announced investments in six early-stage Indian startups through the Atoms X program. The startups cover a range of sectors, including air purification, space technology, cancer diagnostics, elder fitness, and brain-computer interface technologies.

Prosus will match Accel’s investments in each startup, with funding amounts varying between $200,000 to $1 million from each investor. This collaboration allows startups to access up to $2 million in total funding, supporting their growth and development.

The selected startups, chosen from over 2,000 applications, include Praan (air quality infrastructure), QOSMIC (satellite communication), Dognosis (non-invasive cancer detection), and Ethereal Exploration Guild (reusable orbital launch vehicles).

Initiated in 2025, the Atoms X program by Accel and Prosus aims to support early-stage startups in advanced manufacturing, AI, and energy transition. In addition to financial backing, the program offers mentorship and access to global networks, enhancing the startups’ potential for long-term success.

Source: Entrackr : Latest Posts

Sumit Gupta and Neeraj Khandelwal, co-founders of crypto exchange CoinDCX, have been granted bail by a Thane court following their involvement in an impersonation fraud case. The court’s decision came after the co-founders were questioned and arrested by Thane Police in connection with the incident.

The accused maintained that they were wrongly accused and had no association with the fraudulent activities, attributing them to unknown individuals misusing their company’s identity. A company spokesperson from CoinDCX emphasized the condemnation of such malicious acts, highlighting the importance of holding responsible parties behind the fraud.

The investigation officer supported the bail plea, confirming the absence of the accused in Mumbra during the alleged offense and pointing to another individual’s involvement in the impersonation.

The court recognized the co-founders’ clean record and dismissed concerns of potential evasion or evidence tampering. This case underscores the challenges faced by startups when dealing with such complaints, which can divert attention and resources from core business operations.

As digital enterprises expand, the risk of impersonation and misuse is likely to grow, emphasizing the need for clear Standard Operating Procedures (SOPs) to address such incidents effectively. Implementing structured protocols can safeguard legitimate businesses and ensure accountability rests with the actual perpetrators.

Source: Entrackr : Latest Posts

Indian cricketer Riyan Parag, who also captains the Rajasthan Royals, has recently invested ₹2 crore in Proxgy, a technology startup focused on industrial and frontline solutions. This investment joins the support from other backers like Ajinkya Rahane, Nikhil Kamath, Peyush Bansal, and Suhail Sameer.

Proxgy, founded in 2020 by Pulkit Ahuja, develops IoT-led hardware and software solutions to enhance safety and efficiency for blue-collar workers. Their products integrate proprietary hardware, software, and an AI intelligence layer, catering to sectors that demand remote collaboration, training, and operational monitoring, especially in challenging work environments.

The funding from Riyan Parag will further fuel the growth and expansion of Proxgy’s industrial technology offerings. The startup had previously secured funding from Ajinkya Rahane in its ongoing $3 million Series A round, as reported by Entrackr : Latest Posts.

Source: Entrackr : Latest Posts

Electric commercial vehicle manufacturer Euler Motors has successfully raised Rs 437.5 crore (approximately $47 million) in a Series E funding round. The round was led by Lightrock, with contributions from Hero MotoCorp and Blume Ventures. Additional debt funding of Rs 250 crore from BlackSoil, Trifecta, InnoVen, and Alteria Capital further bolstered the company’s financial position.

Founded in 2018 by Saurav Kumar, Euler Motors focuses on producing electric four-wheeler and three-wheeler commercial cargo vehicles. The company’s approach integrates vehicle manufacturing with financing partnerships and after-sales service support, catering to e-commerce, hyperlocal delivery, and logistics fleets.

The funding will be used to enhance product offerings, increase manufacturing capabilities, expand nationwide presence, and strengthen market share in the commercial EV sector. Euler Motors aims to prioritize uptime, reliability, and operational efficiency, aligning with the growing demand for sustainable last-mile logistics solutions in India.

With over 15,000 vehicles already on the road, including a significant fleet of electric three-wheelers, Euler Motors has captured a 22% market share in the four-wheeler cargo segment. The company’s recently launched Turbo EV1000 model has witnessed remarkable success, with over 1,000 units sold within a short period.

Source: Entrackr : Latest Posts

This week, the Indian startup ecosystem witnessed significant funding activity, with 30 startups securing around $286.52 million. The funding rounds included 7 growth-stage deals, 17 early-stage investments, and 6 undisclosed funding announcements.

Compared to the previous week, where 26 startups raised a similar amount, the current week showcased a diverse range of investments across different stages of growth.

Growth-stage Deals:

Growth-stage startups saw a total investment of $218.25 million this week. Notable deals included a $60 million Series C round for Chennai-based Rocketlane, led by Insight Partners, as well as funding rounds for Euler Motors, Swish, Fullife Healthcare, Plum Insurance, Skyroot Aerospace, and Metafin.

Early-stage Deals:

The early-stage segment attracted $68.29 million across 17 deals. Deccan AI secured $25 million in a Series A round, Pranos Fusion raised $6.8 million in a pre-Series A round, and BIDSO received Rs 63 crore in a Series A round. Several other startups, including OZi, LetzRyd, Burma Burma, and Kidbee, also received funding.

Prominent investors like Accel, Prosus, and Suvan Ventures made strategic investments in multiple early-stage startups.

The funding trends reflect a vibrant and evolving startup landscape in India, with startups raising an average of around $361.05 million over the last eight weeks.

Source: Entrackr : Latest Posts