Indian AI Firm Raises $1M To Help Users Stream Movies In Higher Definition Established in 2019, Myelin Foundry develops AI algorithms on video, voice, and sensor data to transform media experiences and industry outcomes. Now the company has raised US$1 million in pre-series A funding to help consolidate its products in the Indian video-streaming market and expand globally.
Elevation, Matrix Partners Co-lead $3M Round Of Indian Enterprise SaaS Firm SuperOps India’s SuperOps, a professional services automation (PSA) and remote monitoring and management (RMM) startup, said it has raised US$3 million in seed funding in a round co-led by Elevation Capital and Matrix Partners India.
Xander Acquires 31-acre Logistics Park In Eastern India Xander Group Inc., a Singapore-based alternative investment company, has acquired a 31-acre logistics park in Bagnan, located in West Bengal’s Howrah district, in its first warehousing investment in eastern India as regional demand grows, two people familiar with the development said.
Chinese Snack Chain Brand Snack Is Busy Nets $37M From Sequoia Capital China And Gaorong Capital Chinese snack chain brand Snack Is Busy has secured 240 million yuan ($37 million) in a Series A round of financing co-led by Sequoia Capital China and TMT-focused Gaorong Capital, according to a company statement.
Sequoia-backed Chinese Gym Chain Supermonkey Close To Unicorn Status Post Series E Round Chinese gym chain Supermonkey, which started out in 2014 with a self-service, container-made gym box, is now near a unicorn valuation of $1 billion after the completion of its latest Series E round at “hundreds of millions of yuan,” its investors announced earlier this week.
Singapore E-commerce Aggregator Una Brands Raises $40M In 500 Startups-backed Seed Round Una Brands, a Singapore-based startup co-founded by Kiren Tanna, the founder of Foodpanda and ZEN Rooms, announced raising $40 million in a seed round backed by global investors including 500 Startups, Kingsway Capital, 468 Capital, President Capital, and Global Founders Capital.