According to the latest startup funding news, Inspektlabs, an Inspection AI technology
startup has raised $600k in a pre-series- A funding round led by Titan Capital,
Better Capital, investment office of the
Snapdeal founders Kunal Bahl and Rohit Bansal, and a cluster of other angel
investors.
This AI technology startup is also a part of
the 2020 London Barclays Accelerator, which is powered by Techstars. According
to Startup Funding news, Inspektlabs
focuses on building the computer vision products for physical asset inspections
using various photos and videos.
Founded in 2019 by DeveshTrivedi (CEO) and
Sanchit (CPO), former McKinsey an Zomato employees, Inspektlabs’ solution is
based on an AI technology which allows firms to perform damage assessment,
claim estimation etc as per Latest Startup News
Startup
funding in H1 2020 down by 31% at 272 – Latest Startup Newss
Deal marketing for startups in the first six
months of 2020 has dipped by 31% to 272 transactions, while the total capital
invested fell by 11% to$4.1 billion as compared to year-ago period, according
to Latest Startup News.
The capital investors says that because of
Coronavirus outbreak and byblocking the investments from China, things might get
worse in the next two halfs, because there is usually a lag between deals and
their announcements are closed.
Apart from other Startup Funding News,
Frontier
Markets raises $2.25 million financing from the Rise Fund, Teja Ventures and
others
Jaipur based last mile rural distribution
startup, Frontier Markets announced that it has raised $2.25 million pre-series
A financing led by ENGIE Rassembleursd’ Energies, The Rise Fund and The Singh
Family Trusts along with Teja Ventures and affiliates of Beyond Capital Fund.
As per Latest
Startup News, Frontietr Markets is a last mile assisted e-commerce and
distribution company that leverages its network of tech-enabled women agents to
market, sell and service products and services across rural India. The current
investment will drive the company’s assisted e-commerce platform to the next
level, adding digital marketing tools, AI enabled digital training and B2C
solution onboarding their rural customers directly on their digital platform.
To get the latest
startup news, follow Entrackr.com,
an online platform which publishes the latest startup funding news in a regular basis.
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