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Funding

AI startup Entropik raised $25 million led by Bessemer Venture Partners and SIG Venture Capital

Emotional artificial intelligence (AI) startup Entropik raised $25 million in Series B led by Bessemer Venture Partners and SIG Venture Capital where Trifecta Capital, Alteria Capital, and long-time existing investor Bharat Innovation Fund also participated.

Through emotional intelligence, Entropik assists brands in understanding consumer behaviour. It enables businesses to improve their marketing campaigns and product experiences. Kumar explained that Entropik uses a camera to understand consumers’ facial expressions and a webcam to understand consumers’ eye movements, in addition to analysing their voices. In terms of fund deployment, Kumar stated that Entropik anticipates 15 months of scaling around product IP, technology, and business. It will also expand its presence in the United States, Europe, and Asia.

by Startup Story Media

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by The Economic Times

Digital lending startup Finnable has raised Rs 250 crore this August in a funding round led by Z47 (formerly Matrix Partners) and TVS Capital. This is the company’s second tranche, with the first Rs 250 crore being infused by the same investors back in November 2024. Post this round, the total capital raised by the Bengaluru-based lending startup stands at Rs 540 crore. The MEMG family office, led by Ranjan Pai, has also invested in the company. The firm plans to invest the fresh funds in technology, expand its branch network, and build new product… Source link

by The Economic Times

Greenfi, an AI-powered ESG risk management platform, has raised its first round of $2 million led by Transition VC. The Kerala-based startup’s artificial intelligence (AI)-powered environmental, social, and governance (ESG) compliance tool helps companies automate risk management and provide personalised, role-based recommendations on improving the user’s sustainability performance and addressing flagged risks. For instance, if a bank is investing $100 million in a solar power plant project, instead of having 20 people manually collecting data… Source link