Funding News

kin Global Raises $1 Million in Pre-Series A Funding to Enhance IoT Smart Lock Solutions

Ankur Srivastava4 weeks ago4 weeks ago03 mins

Ikin Global, a provider of IoT-based smart lock solutions, has raised $1 million in a pre-Series A funding round. The round was led by Unicorn India Ventures and Callapina Capital, with additional support from existing investors. The funds will be used to bolster the company’s product offerings with advanced AI-powered features, enhanced sensors, and solutions…

EleFant, a toy library based in Mumbai and operating through a mobile app, received Rs 6 crore ($750K) in seed funding co-led by Venture Catalysts and Malpani Ventures.

Economic Edge News Desk6 months ago6 months ago06 mins

Key Points Seed Funding Success: EleFant, a Mumbai-based mobile app-based toy library, secured Rs 6 crore in seed funding co-led by Venture Catalysts and Malpani Ventures. Founding Vision: Founded in 2023 by Sourabh Jain, EleFant aims to transform how Indian families engage with toys and play, offering a diverse selection of toys and books for…