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Chiratae Ventures leads $3M financing round in Artium Academy

Artium Academy an online music learning and community platform, has raised $3 million from Chiratae Ventures, along with other early-stage investors like Anicut Capital, Jet Synthesis, Whiteboard Capital, as well as several high-profile entrepreneurs like Madhusudhan R (Co-founder, M2P Finance), Priyamvada Balaji (Executive Director – Lucas Indian Service), Varun Alagh (Co-founder, Mamaearth), Piyush Shah (Co-Founder, InMobi Group), Vikas Dosala (Co-founder, Fraazo) have also participated in this round of funding for Artium Academy. 

Co-founded by Ashish Joshi, Vivek Raicha, and Nithya Sudhir, Artium Academy offers gold standard in Music Education using modern pedagogy combined with technology to deliver elevated learning and performing experience to learners. 

Agri-bio startup BioPrime Agrisolutions raises Rs 9 Cr in a round led by Inflexor Ventures

Tech-focused VC fund Inflexor Ventures had led the Pre-Series A round of Rs 9 Crore in Agbiotech startup, BioPrime(BioPrime Agrisolutions). The current round of funding also saw participation from its existing investor, Omnivore.

The company aims to utilise the funds for its SNIPR Biologicals registrations, advancing the discovery platform, building a strong IP portfolio, increasing production capabilities, and expansion.

BioPrime, founded by Dr Renuka Karandikar, Dr Amit Shinde, and Dr Shekhar Bhosle, develops affordable agribiologicals that modulate the basic physiological responses in crops using small biomolecules. These products improve crop resistance to insects/pests and help crops manage abiotic stress such as high temperature, excessive water, drought, etc. These products are not chemical based, are residue-free, organic, and are less expensive than chemical-based fertilisers and pesticides; thereby reducing the overall farm input expenses.

Legal tech platform Oddr raises $2M in Seed round led by Saama Capital, Twin Ventures

Legal tech platform Oddr has raised $2 million in a seed round led by Saama Capital and Twin Ventures. The round also saw participation from angels in the US, Singaporem and Germany. The company, which is based in the Silicon Valley and India, is gearing to launch its services in North America, the UK, and Australian market with a R&D center to be set up in India.

Oddr is currently in a team expansion mode in India and has also announced senior key hire Eric Newman as Chief Architect. The funds raised will be used to build the flagship product–AI-powered invoice to cash platform–for Professional Services (law firms, accounting firms, consulting firms and financial services firms).

Oddr aims to automate the billing process, which is primarily manual today, leading to invoice delays, higher write-offs, payment delays and high overhead costs for collections for professional services firms. 

Nutrition focused pet care D2C company Goofy Tails raises $500,000 seed funding

Pet care D2C company Goofy Tails has secured seed funding of $500,000 led by BeyondSeed, a Singapore-based investor group, and The Chennai Angels, with participation from other overseas angel investors.

The company plans to use the funding to expand its portfolio of healthy pet foods and pet accessories.  Delhi-based Goofy Tails will step up customer acquisition efforts and expand the team and warehouse presence across India for a better customer experience and faster delivery. Goofy Tails will also use the funds for extensive research, feedback, and new product development to expand its pet food and treats category.

Co-founded by Karan Gupta, Kartik Gupta, Kunal Gupta, and Ashish Kaushal in 2019, Goofy Tails’ current pet care product range consists of fresh and healthy food, interactive toys, accessories, and grooming products. Goofy Tails plans to enter other South Asian and European markets by the middle of next year.

Flickstree raises $5M in Pre-Series B funding round led by Venture Catalysts, 9 Unicorns

Flickstree, a content and marketing technology startup, secured investment led by Venture Catalysts Group and 9 Unicorns in its pre-series B round of funding.

Flickstree is a content-led video commerce platform that enables transactions for its brand partners, leveraging in house video content, created using patented AI. The platform uses AI voiceover, AI script, and auto-generates branded video content. These videos are distributed through its own apps and websites such as PlusYou Club, and a network of more than 150 publisher partners. Flickstree currently has an active client base in India, Middle East, South-East Asia, UK, Australia, and USA.

Reflecting on leading the funding round for Flickstree, Dr Apoorva Ranjan Sharma, Co-founder, Venture Catalysts & 9Unicorns, said, “Flickstree uses the power of Artificial Intelligence to create the most compelling branded video content at scale, at no-cost for brands. Moreover, they use their data engine to promote these videos that keeps churning transactions on an auto-pilot mode. In sum, Brands get videos at no cost and consumers love watching these videos and buy their products and services. This makes it a win-win platform for all brands globally.”

Flickstree plans to utilise the funds for global expansion, along with strengthening its product and technology. It is also backed by Samsung Ventures, Orbit Startups (SOSV), LionRock Capital, FULD & Co., Lets Venture, AB Claymore, and Angelbay, among others.

(This article will be updated with the latest news throughout the day.)