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Deeptech startup NeuralGarage raises $1.45 million in seed funding

Bengaluru-based deeptech startup NeuralGarage has raised $1.45 million in seed funding led by Exfinity Venture Partners with participation from angel investors including Anand Singh (Elios and Nexus Global Fund), Sarath Sura (Sunn91 Ventures), Sachin Jain, Narendra Soni (ex-KPMG) and Kejal Shah (ex-Avendus PE).

The company uses artificial intelligence and computer vision algorithms to improve content consumption, delivery and creation.

Founded by Subhashish Saha, Anjan Banerjee, Subhabrata Debnath and Mandar Natekar, NeuralGarage’s will use the fresh funding to invest in hiring talent, and across R&D, engineering and product verticals.

Bio-fuel marketplace Buyofuel raises Rs 11.5 crore

Buyofuel, an online marketplace for biofuel and wastes, has raised over Rs 11.5 crore (~$1.4 million) in a pre-Series A round led by Inflection Point Ventureswith participation from Venture Catalysts, LetsVenture, Lead Angels Fund, and Gruhas Proptech.

The funds will be used towards expanding services across geographies as well as for developing product offerings and technology.

The startup says it has the largest supply base of biofuels and fuel consumers.

Auto startup Fixigo raises seed funding from Agility Ventures

Auto-tech startup Fixigo has raised an undisclosed amount of seed funding in a round led by Agility Venture Partners with participation from industry veteran and director of iGlobe Telecom, Tarun Kalra and Alienics Inc, a Canadian investment firm.

Other unknown angel investors are also said to have invested in the round. The startup plans to use the funds in expanding its services in newer markets like Hyderabad, Pune and Mumbai, it said in a press statement.

Fixigo provides after-sales car repair and maintenance services. It looks to strengthen its foothold automobile repair and services market with the help of technology. The app offers a gamut of services such as on-demand car wash, periodic services, breakdowns, mechanical repairs and accidental claims.

Conversational ecommerce platform Gallabox raises $1.2 million

Gallabox, a conversational commerce platform for small and medium-sized businesses has raised $1.2 million in seed funding led by Prime Venture Partners. Several angel investors also participated in the round.

The no-code platform uses WhatsApp Business API to help SMBs improve sales conversations without a mobile app. It serves over 500 customers including PVR, Shiprocket and Mantri.

(The copy will be updated throughout the day with the latest news)