You are currently viewing Startup news and updates: daily roundup (February 14, 2024)

Startup news and updates: daily roundup (February 14, 2024)


Funding news

Segwise raises $1.6M from Powerhouse Ventures, Antler, and others

AI-powered observability platform Segwise raised $1.6 million in pre-seed funding led by Powerhouse Ventures. Antler India, Blume Ventures, Everywhere Ventures, Saka Ventures, Untitled Ventures, Kunal Shah, and product leaders from Microsoft, Amazon, SAP, Gojek, Flipkart, PhonePe, and Groww, also participated in the round.

Segwise will use the capital to build AI agents for product and growth teams.

Founded by Brijesh Bharadwaj and Shobhit Gupta, Segwise is an AI-powered observability platform for product and growth teams. Its B2B SaaS platform runs a no-code script across datasets given by product and growth teams to determine opportunities and identify issues that require the team’s focus.

Other news

SolarSquare acquires PV Diagnostics to elevate residential solar standards

Solar solutions provider SolarSquare acquired PV Diagnostics, a utility-scale solar power company.

The acquisition will leverage PVD’s expertise in module sourcing, diagnostics, and technology stack to ensure high-quality and long-lasting residential solar installations.

SolarSquare offers cyclone-proof systems and easy financing options, making solar energy accessible to a wider audience. It has installed solar power systems on more than 10,000 homes.

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SolarSquare Team

” align=”center”>SolarSquare

SolarSquare Team

Indifi appoints Jasmeet Arora as Chief Growth Officer

Indifi Technologies has appointed Jasmeet Arora as its Chief Growth Officer. He will play a crucial role in expanding Indifi Technologies’ market presence and promoting financial inclusion.

He will oversee the company’s growth, including business expansion, collaborations, revenue, and employee engagement. He has held key positions at Paytm, PayU, Pine Labs, and American Express.

The Gurugram-based lending platform focuses on improving credit access and loan process speed for businesses, particularly MSME financing in India. Over the past eight years, Indifi has disbursed over one lakh loans across over 400 cities, with a total disbursement value of over Rs 5,600 crore.

The platform designs tailored credit products, enhances risk assessment standards, and leverages supply chain linkages to cater to all business needs.

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Jasmeet Arora, CGO, Indifi

” align=”center”>Indifi

Jasmeet Arora, CGO, Indifi

CyberPeace Foundation Sign MoU with Resecurity

Resecurity and CyberPeace Foundation have signed a Memorandum of Understanding to enhance cybersecurity resilience, raise awareness about cyber threats, and promote digital peace.

The alliance will combat cyber threats and protect the global digital infrastructure, leveraging their expertise, resources, and networks to create a safer digital environment.

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CPF X Resecurity

” align=”center”>CPF X Resecurity

CPF X Resecurity

The companies will enhance efficiency in endpoint protection, risk management, and cyber threat intelligence, benefiting India and global cybersecurity efforts.


Edited by Suman Singh



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