Eight startups raise early-stage funding
Summary
Vistas TechnoLabs, parent operator of sales digitisation platform OneCode, on Thursday said it has raised $5 million in a seed funding round led by Sequoia Capital India’s Surge, and Nexus Venture Partners. Other investors in the funding round were WaterBridge Ventures, Aakrit Vaish of Haptik, Amrish Rau of Pine Labs, Anand Chandrasekaran, Arjun Vaidya, Ashish Dave of Mirae Asset, Cloud Capital, Gaurav Munjal of Unacademy, Harshil Mathur of Razorpay, Jitendra Gupta of Jupiter Money, Kunal Shah of CRED, Lalit Keshre of Groww, Miten Sampat, Pravin Jadhav of Raise Financial Services, Rahul Mathur of Bimape, Sandeep Srinivas of Redcarpet, Sujeeth Kumar of Udaan, Sweta Rau, and Vivek Ananda of Bounce. Other investors in the round included Kushal Bhagia of First Cheque, Farooq Adam of Fynd, Hershel Mehta and Brendan Rogers of 2AM Ventures, KRS Jamwal of Tata Industries, Aditya Kothari of Chingari, and Anupam Mittal. The solution’s features include accelerating the time-to-market for EDGE AI Development by up to 5X, reducing total cost of application by up to 75% percent, optimizing latency by up to 7X while preserving accuracy to enhance performance and lower memory footprint, and open architecture and integrations into popular model training tools and frameworks. Edtech startup Vedantu on Thursday said it has acquired a majority stake in Pedagogy, an artificial intelligence-enabled personalized learning platform that provides online courses and interactive digital books for students preparing for competitive examinations.
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