Get All Access for $5/mo

Funding Friday: SaaS is The Hottest Market & Vedantu Raises Series B Fund Stay tuned to get every day updates in 60 seconds

By Aastha Singal

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

1. SaaS customer engagement automation provider, Verloop has raised $3 million in Series A funding round led by IDFC Parampara Fund.

2. SaaS seems like the hottest market this week. SaaS-based cybersecurity startup CloudSEK has raised close to $2 million in a Pre-Series A funding round led by Exfinity Venture Partners and StartupXseed.

3. IoT startup Gaia Smart Cities has also raised an undisclosed amount in pre series A funding from many of global investors including RV Capital Management, CEO, Ranodeb.

4. Another Byju's in making? Bengaluru-based tutorial startup Vedantu has raised $11 million in a series B funding round led by Omidyar Network and Accel Partners.

Here's the "news that entrepreneurs can use". Know what's trending in the Indian business world in 60 seconds.
Aastha Singal

Entrepreneur Staff

Former Features Writer

A business journalist looking to find happiness in the world of startups, investments, MSMEs and more. Officially started her career as a news reporter for News World India, Aastha had short stints with NDTV and NewsX. A true optimist seeking to make a difference, she is a comic junkie who'd rather watch a typical Bollywood masala than a Hollywood blockbuster. 

News and Trends

Recur Club Announces Credit Offerings for Startups Beyond Series A and SMEs

In FY 24–25, the platform also plans to deploy an additional INR 2000 crores through its Recur Swift program for startups.

News and Trends

Supply-Chain Financing Platform Mintifi Raises USD 180 Mn in Series E, Valuation Soars to USD 850 Mn

The raised funding will enable Mintifi to diversify its product offerings, such as dealer management systems, loans against property, and factoring services, powered by artificial intelligence.

News and Trends

Stride Ventures Launches Fourth Fund with USD 300 Mn Target Corpus

Industry leaders like BlueStone, Upstox, Moneyview, Ather, Pharmeasy, Infra.Market, and Ola Electric have benefited from Stride's support.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

News and Trends

AWE Funds to Scale Women-Led ClimateTech Initiatives with CGEF Grant

The grant will empower AWE Funds to expand initiatives, invest in women-led climate companies, enhance accelerator programs, and launch a fellowship nurturing young women professionals in climate and sustainability.

Business News

I Tried Buying a Car on Amazon. Here Are the Pros and Cons.

Amazon Autos just launched, and users can buy a new car online. Here's how it works and what needs to improve.