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Funding news

Jaipur Watch Company raises Rs 1.6 Cr from Klub in revenue-based financing

Jaipur Watch Company, a luxury watch microbrand, has secured Rs 1.6 crore in revenue-based financing from Klub.

The company plans to use funds for marketing and inventory-related activities to enhance its position in the luxury watches market.

Klub was established in 2019, and has invested in over 650 brands across 1,700 investments across India and the UAE, such as Chumbak, Bluestone, BluSmart, Third Wave Coffee, and Berrylush. It provides various capital structures for businesses at all stages of growth, including early, growth, and late stages, to cover recurring marketing, inventory, and capex expenses.

Equirus InnovateX Fund leads PointO’s Rs 6.2 Cr seed round

Equirus InnovateX Fund (EIF) leads seed investment round in lithium battery ecosystem startup PointO, with an investment of Rs 5 crore, from the total Rs 6.2 crore raised in this round.

PointO focuses on lithium battery adoption and financing for e-rickshaw owners in Tier-II+ cities, targeting low adoption due to operational and financial complexities. It aims to provide financial institutions with product assurance and predictability, reducing default rates and credit risk.

It has grown 7x in the last 12 months and plans to expand its physical centers to more than 10 cities.

vHub.ai raises seed funding from Z21 Ventures, Startup India Seed Fund Scheme

vHub.ai, an influencer marketing company, has secured an undisclosed seed round funding from investors like Z21 Ventures and Start Up India Seed Fund Scheme, along with several early-stage angel investors who supported its initial launch and development phases.

The funds will be used to enhance vHub.ai’s AI technologies, enhancing influencer discovery analytics and facilitating more accurate brand-influencer connections.

It also plans to develop tools for better audience understanding and marketing strategies.

VHub.ai, an AI-driven SaaS platform, was founded in 2021 by Sachin Modi and Rajesh Jagasia, to provide brands and advertisers with valuable insights into their target audiences on platforms like Instagram, YouTube, and LinkedIn.

It focuses on making influencer marketing more effective through data-driven strategies, simplifying influencer discovery, and offering ROI-driven approaches.

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VHub.ai founders

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Other News

Genpact collaborates with Microsoft

Genpact and Microsoft have partnered to drive modern finance transformation in enterprises, leveraging data, technology, and AI to drive innovation and drive modernisation in finance organisations globally.

Using the Azure OpenAI Service, Genpact is revolutionising global finance functions, enabling organisations to gain faster insights and adopt a modern, actionable financial data and analytics strategy.

Genpact’s AI-first strategy leverages data, technology, and industry-leading partnerships to drive outcomes for shareholders, clients, communities, and talent, leveraging AI for internal and external outcomes.