India DealBook: SmartVizX raises over $500k; AI startup Yana gets seed funding

Virtual reality startup SmartVizX has raised $500,000 to expand its reach, while artificial intelligence startup Yana AI has received angel investment from Hong Kong based investors

Virtual reality startup SmartVizX raises over $500k

Virtual reality startup SmartVizX, has raised over $500,000  from the Indian Angel Network and Stanford Angels and Entrepreneurs India.

The company plans to utilise the funding to expand its research and development activities and to launch a new Bangalore center within the first few months, the company said in a statement. The funds will also be used to grow the team –  including hiring a new R&D head and a Chief Technology Officer –  that will innovate on products and applications across sectors.

While the main focus areas for SmartVizX over the next six months will remain the real estate and AEC industries, it also plans to expand into new areas such as listing portals, e-commerce, and the furniture industry to enable better visualization of products and services. It also plans to build further virtualization tools in addition to testing new methods of engagement through this immersive technology.

Artificial intelligence firm Yana raises seed fund

Artificial Intelligence startup Yana has raised seed funding from Hong Kong based investors led by Puneet Gupta of Goldman Sachs, as per a report by Inc42. The amount of the funding was not undisclosed.

Founded in May 2015, Yana AI is a completely automated chat-based engine to get groceries, cabs, services and contacts. The company plans to use the latest round of funding to expand into more categories including recharges, food, travel, shopping and more.

The startup has tie-ups with companies like PepperTap, ZopNow, Ola, Uber, HouseJoy and EasyFix, and is operational in most major Indian cities including Delhi-NCR, Bengaluru, Mumbai, Pune, Hyderabad among others.

The app also allows users to compare prices and services across multiple vendors to help them make an intelligent and informed choice.

Also Read: India: Artificial intelligence startup Arya.ai raises $750k from YourNest, VentureNursery

AI-powered smart assistant Skedool.it raises funding from Kludein, Mohandas Pai

India: CarDekho parent acqui-hires virtual reality startup Drishya360s

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.