You are currently viewing Startup news and updates: daily roundup (June 9, 2021)

Startup news and updates: daily roundup (June 9, 2021)

Credit platform Capital Float raises Rs 50 Cr debt from Netherlands-based Triodos (Funding)

Consumer and business loans company Capital Float said on Wednesday it has raised Rs 50 crore in debt funding from The Netherlands-based Triodos, for a period of three years. The Bengaluru-based startup said it expects to use the funds to scale its operations and meet the demand of its user base of over two million customers, which has doubled over the last eight months. raises $2M in seed round led by Stellaris Venture Partners, Emergent Ventures (Funding)

B2B buyer engagement platform on Wednesday announced that it had raised $2 million in seed financing led by Stellaris Venture Partners and Emergent Ventures. The round also saw participation from Better Capital and angel investors who are senior business executives/startup founders in the US and India. 

Invoice factoring startup Reevoy raises seed round led by Stellaris Venture Partners (Funding)

Invoice factoring startup Reevoy has raised an undisclosed amount in seed funding led by Stellaris Venture Partners along with Better Capital and Startup Angel Network (SAN).

The round also saw participation from Ashish Sharma (InnoVen Capital), Atul Mehta (ex-World Bank Group officer), Kunal Shah (CRED), Ramakant Sharma (Livspace), and Vinod Murali (Alteria Capital), among others. The startup said the fundraise will help it to scale its technology and sales capabilities.

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[Funding alert] Anti-money laundering solutions startup IntelleWings raises $100K in angel round

PadUp mentee company IntelleWings recently raised a seed funding of $100,000 for IntelleWings’ EYE, a product based on machine learning, to help regulatory firms with anti-money laundering compliance needs. 

IntelleWings’ EYE is an AML (anti-money laundering) 360 software, which takes care of all AML needs – transaction monitoring, customer screening against global lists, integrated and comprehensive case management solution, and integrated PEP (politically exposed persons check/adverse media check).

Now correct personal details on CoWIN vaccine certificate online

The government has announced a new update that enables an applicant to correct any inadvertent errors in their name, year of birth, and gender printed on the CoWIN vaccination certificate. Users can make the correction through the CoWIN website.

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