Funding news
Louisa AI bags $5M in seed funding
AI-powered platform Louisa AI has secured $5 million in seed funding to enhance its technology designed to systematise “serendipity” in professional settings.
The funding round was backed by investment arms associated with Oxford University, as well as from early-stage venture capitalists like Palm Drive VC, Evolution VC, Nucleus VC, and Gaingelse. The round also saw participation from former Goldman Sachs partners, colleagues, clients, friends, and family offices.
The firm’s solution helps sales enablement and deal-making by using network effects to create impactful business connections.
“With this funding, Louisa AI is set to expand its capabilities and reach, demonstrating the power of AI in creating serendipitous business opportunities that might otherwise go unnoticed. Our goal is to make the ‘lucky’ encounters that drive business success, a systematised, repeatable process,” said Rohan Doctor, Founder of Louisa AI.
Other news
Shraddha Kapoor joins Palmonas as Co-founder
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Shraddha Kapoor, Bollywood actor and Co-founder of Palmonas
” align=”center”> Shraddha Kapoor, Bollywood actor and Co-founder of Palmonas
Jewellery startup has appointed Bollywood celebrity Shraddha Kapoor as its Co-founder. The move was initiated by an Instagram interaction, which aligned the company’s goal to empower women through versatile yet edgy demi-fine jewellery.
“I was searching for simple, good quality and reasonably priced jewellery on the internet because I was so fed up of my daily wear jewellery breaking or getting spoiled. I came across Palmonas and I went crazy purchasing so many pieces because I fell in love with their design sensibility as well and felt like I had so many options for my different moods and for different days. For me the product is everything and the fact that Pallavi and Amol have nailed that, got me very charged up and excited to partner with them,” said Shraddha Kapoor, Actor and Co-founder of Palmonas.
The Pune-based startup offers a variety of demi-fine jewellery, including necklaces, earrings, rings, bracelets, and Mangalsutras made of sterling silver and stainless steel.
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Cashfree Payments launches ‘Embedded Payments’ to ease business transactions
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Akash Sinha, CEO and Co-Founder, Cashfree Payments
” align=”center”> Akash Sinha, CEO and Co-Founder, Cashfree Payments
Payments and API banking firm has launched ‘Embedded Payments’–a platform-focused payment solution which equips software platforms with the tools to facilitate smooth payment experiences for businesses.
“Innovation is the driving force behind everything we do at Cashfree Payments. We are thrilled to introduce Embedded Payments, India’s first platform centric payments solutions which aligns with our objective of making payments seamless for both businesses and end consumers. We have built this solution for platforms to make these integrations easy, and offer a solution to effortlessly onboard businesses and manage their accounts and payments,“ said Akash Sinha, CEO and Co-Founder, Cashfree Payments.
With this solution, software platforms enable end users to pay for products or services directly on the platform, eliminating redirects to external pages or sites. This streamlines the process, reducing disruptions and drop-offs.
Platforms can easily onboard their users as merchants, managing payments, refunds, settlements, and other post-payment workflows through a simple integration.
Edited by Megha Reddy
