Berkeley, CA-based Jacobi Robotics specializing in AI-powered motion planning technology, has raised $5M in Seed funding led by Moxxie Ventures. The funds will support operational expansion and development efforts. Founded by CEO Max Cao. Jacobi aims to enhance robotics programming and performance for real-world production across various sectors.
Fintech platform Perpetuity Capital has raised Rs 7 crore through Non-Convertible Debentures (NCDs) from N+1 Capital and RevX Capital. The funds will enhance lending capabilities and expand the loan book in East India, promoting environmentally friendly mobility solutions. Led by Karamveer Dhillon, the platform finances electric vehicle purchases for commercial use.
Skincare brand SkinInspired has secured Rs 12.25 crore ($1.5 million) in a seed round led by Unilever Ventures and Dr. Vaidya’s co-founder Arjun Vaidya. Founded in 2022, the brand will use the funds for R&D, strategic marketing, and expanding its go-to-market strategy.
Swiggy has launched a $65 million ESOPs liquidity programme, its fifth since 2018, benefiting staff across levels. The company has enabled over Rs 1,000 crore in ESOP liquidity for 3,200 employees over five events. This move comes as Swiggy prepares for its IPO, aiming to raise approximately $1.25 billion.
Deepinder Goyal, Zomato’s founder and CEO, has become a billionaire with his holdings surpassing Rs 8,400 crore. Goyal owns a 4.19% stake in Zomato, valued at over $1 billion due to a recent surge in share price. Zomato’s market cap is now $24.25 billion, with a strong financial performance in FY24.
Miridih, a Seoul, South Korea-based company providing a SaaS-based design platform, raised $15M in Series B funding.
The round was led by Kiwoom PE, Industrial Bank of Korea(IBK), Shinhan Venture Investment, and G.N. Tech Venture Capital. With this investment, Miridih’s post-money valuation has been recognized at KRW 280 billion (approximately USD 215 million).
