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Funding news:

LiaPlus AI raises Rs 2 Cr in seed round led by Inflection Point Ventures

LiaPlus AI, an AI-driven customer support solution provider, has raised Rs 2 crore in a seed round, led by Inflection Point Ventures, with co-investors Chandigarh Angel Network and Growth91.

The funds will be used for product and technology advancements, team expansion, and improving sales and marketing strategies.

Lia is an AI Call Assistant for Sales and Customer Support, capable of performing tasks like humans. The AI Employees platform offers support in 18 languages, manages millions of calls per hour, and offers 24/7 operation. It allows businesses to hire AI-driven sales and customer support employees with just three clicks.

Operating in India, the Middle East, Africa and Australia, LiaPlus AI provides a marketplace for companies to hire AI-powered customer service agents quickly and efficiently, paving the way for AI-powered task management.

RecommerceX Secures $3.6M in Seed funding from Accel and Kae Capital

RecommerceX, a chemical recycling and sustainability startup, has secured a seed funding round of $3.6 million, backed by Accel and Kae Capital.

The investment will enable the company to establish itself as a trusted leader in the fragmented global recycling market, focusing on transparency, compliance, and technology-driven business.

RecommerceX, founded in 2024 by Shobhit Goel, Mohit Gulyani, and Ajay Gupta, processes industrial waste to recover critical materials and by-products, reducing dependence on raw materials and aiding in the decarbonisation of supply chains. It is operating across plastics, metals, and e-waste categories.

Other news:

OML Entertainment elevates Tusharr Kumar to Chief Executive Officer

OML Entertainment, a cultural and creative company in branded content, advertising, and entertainment, has elevated Tusharr Kumar as its new CEO.

Kumar, with 15 years of experience in new-media, automotive, and FMCG industries, has been with OML Entertainment since 2012, serving in various roles. After a nine-year tenure, including five years as CEO, Gunjan Arya is leaving the company.

OML Entertainment is a creative and entertainment business network that has been instigating pop culture for over two decades, creating iconic moments across television, digital content, fan experiences, and artist-creator communities.

Infibeam Avenues’ CCAvenue collaborates with ShopSe India for its BNPL facility

Infibeam Avenues Ltd has partnered with ShopSe India, a digital-first EMI/BNPL marketplace, to launch its CCAvenue digital payments platform.

The partnership provides a flexible payment option for millions of Indian consumers, enabling them to make payments on numerous merchant websites using the CCAvenue payment gateway.

Infibeam Avenues Ltd offers payment infrastructure solutions, including acquiring and issuing solutions and offering infrastructure for banks. Infibeam Avenues’ core Payment Gateway (PG) business offers over 200 payment options for merchants, allowing them to accept payments through websites and mobile devices in 27 international currencies.

It has over 10 million clients across digital payments and enterprise software platforms, including merchants, enterprises, corporations, governments, and financial institutions in both domestic and international markets. Infibeam Avenues has international operations in the United Arab Emirates, Saudi Arabia, Australia, and the United States, and a business presence in Oman with three of the largest banks in the country.

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