LoadShare, Vernacular.ai raise funds this week, Technology News, ETtech

Illustration: Rahul Awasthi
Illustration: Rahul Awasthi

Tech-enabled logistics platform LoadShare has raised Rs 100 crore, led by Beenext with participation from CDC Group and existing investors Stellaris Venture Partners, Matrix Partners and venture debt fund Alteria Capital. The company plans to use the funds to deepen its ‘essentials’ supply chain network in the pharmaceuticals, fast moving consumer goods and grocery space. Read More..

SaaS startup Vernacular.ai has raised $5.1 million in its Series A funding round as it looks to expand operations outside India. The fundraising was led by Exfinity Ventures and IAN Fund. Kalaari Capital, AngelList and LetsVenture also participated in the round. The company said it will use the newly raised capital to enter Southeast Asia and the US and invest in R&D to further enhance its proprietary artificial intelligence-based voice automation platform. Read More..

Illustration: Rahul Awasthi
Illustration: Rahul Awasthi

Sports fan engagement platform Rooter has raised $1.7 million in a fresh funding round led by Paytm, Adidas family-backed leAD Sports, Rockstud Capital, and Founder Bank Capital—the early-stage arm of RB Investments. Anthill Ventures, Venture Catalysts and other angel investors also participated in the round, according to a press statement. Read More..

LiL’Goodness, a Bengaluru-based children’s food and nutrition startup, has raised Rs 5 crore led by Japan’s Beyond Next Ventures and angels including Sajan Pillai from Season Two Ventures. The company plans to use the capital infusion to expand its packaged foods range, distribution network and production capacity. The company operates two brands – sCoolMeal and LiL’Goodness. Read More..

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