202418 Apr

Startup news and updates: Daily roundup (April 18, 2024)

Summary

IPV will always focus on supporting startups that offer innovative solutions to significant problems, and Sapiences approach is one well continue to endorse, said Vikram Ramasubramanian, Partner, Inflection Point Ventures.ZEPIC, a customer experience software firm, has concluded its $2.1-million pre-seed investment round. The round saw participation from Neon Fund, which invested $500,000, and angel investors in senior positions at Apple, Chargebee, Freshworks, Microsoft, and Zoho.The Delaware-headquartered SaaS firm has launched a platform that aids businesses with hyper-personalised customer engagement opportunities. IndoSup is well-positioned to capitalize on the digital transformation happening in the construction supply chain," said Naresh Sharma, Promotor of CCI Group.In addition to expanding geographically into cities like Kolkata, Mumbai, and Chennai, the firm plans to launch white-labeled products across 5-6 SKUs by February next year. Poker Saints pioneering gaming strategies and fair market position make them an ideal addition to OneVerse Gaming as we seek to expand our player base and boost shareholder value over the long term," said Paul Micheal, CEO of OneVerse Gaming.BEI Confluence has promoted Abhishek Gupta, who has served as deputy managing director overseeing business operations for the past four years, to the position of joint managing director (JMD).Under his leadership, the agency attained a 15% revenue surge and growth, with new business acquisitions including Total Energies, Mrs Bectors Cremica Biscuits & English Oven Bread, and Wai Wai Instant Noodles from CG Foods.With Abhishek as JMD and partnered by Shahid Hussain as National Creative Director (NCD), the leadership team is now future-ready for further growth and consolidation, said Tapas Gupta, Chairman & MD, BEI Confluence.Gupta has been a part of BEI Confluence since 2016, transitioning from Ogilvy & Mather. With our expertise in real estate fractional ownership and strategic partnerships, we are confident in delivering exceptional value and returns to our investors," said Aankush Ahuja, Founder and CEO, FOIP.Located in Shimla, the project offers 128 units spread over 2.5 acres in Phase 1.

Source: Yourstory

Funding

$1.5M
Amount
Apr 18 2024
Date
-
Investor
INCLUD
Company

Classifications

Companies