Toch.ai raises $11.75m from Moneta, Baring PE, others and 39 India deal updates

Toch.ai, an AI-driven SaaS platform, Wednesday announced that it has raised $11.75 million in its Series A funding round led by Moneta Ventures, Baring Private Equity India, Binny Bansal, Ventureast, 9 Unicorns, Anthill Ventures, Cathexis Ventures, SOSV, Artesian and Innoven Capital.

The startup plans to use the funding to scale up technology infrastructure and venture expansion into global markets with a specific focus on the foreign markets, it said in a statement.

Founded in 2016 by Vinayak Shrivastav, Saket Dandotia and Alok Patil, Toch.ai uses artificial intelligence technology to process video content including live sporting events, television shows, or library-based content, automatically and instantly.

Its algorithm automatically meta-tags images, video, and text, understands the context and identifies key moments so that businesses can auto-create and share customised digital video content using existing feeds, be it live or recorded, and match and adapt content to meet the changing demands of consumers.

INDIA DEAL MONITOR

Here are prominent venture capital transactions in India announced from October 7-13, 2021.

Expand Table

StartupHeadquarterInvestment Size (USD)Investment StageLead Investor(s)Other Investor(s)IndustryVerticals
Toch.aiMumbai11.75 millionSeries AMoneta Ventures, Baring Private Equity India, Binny Bansal, Ventureast, 9Unicorns, Anthill Ventures, Cathexis Ventures, SOSV, Artesian, Innoven Capital-InternetSaaS
Arcana NetworkBengaluru2.3 million-Republic Crypto, Woodstock FundDigital Currency Group (DCG), Hyperedge, Sahil Lavingia's shl.vc, Fenbushi Capital, LD Capital, Paradigm Shift VC, Ganesh Swami, Ajeet Khurana, Builders Tribe, Nishal Shetty, Ajit Tripathi, AU21, Arcanum Capital
WiingyBengaluru400,000Angel-Aroa Ventures, Abhinav Sinha, Maninder Gulati, Kavikrut, Rohit Kapoor, Ashish Goel, Vineet Nanda, Manish ChopraEducation/TrainingEdTech
AnKa SumMorBengaluru1.5 millionPre-Series AInflection Point VenturesPratul Shroff, Brijesh AgrawalLogistics/DistributionSales & Marketing Software
HubiloAhemdabad125 millionSeries BAlkeon CapitalLightspeed Venture Partners, Balderton CapitalInternetSaaS
Veritas FinanceChennai66.3 millionSeries FNorwest Venture Partners (NVP), Kedaara Capital, Caspian, Evolvence India Fund III, Growth Catalyst Partners (GCP)
Rebel FoodsMumbai175 millionSeries FQatar Investment AuthorityCoatue, EvolvenceFoodRestaurant Tech
Twin HealthChennai140 millionSeries C-Sequoia Capital India, ICONIQ Capital, Perceptive Advisors, Corner Ventures, LTS Investments, Helena SofinaHealthcare SpecialistHealthTech
Creative GalileoMumbai2.5 millionSeedKalaari Capital PartnersHarish Bahl, Shashin Shah, Jinesh Patel, Atul Nishar, Ashwin Puri, Giridhar MalpaniEducation/TrainingEdTech
OpenBengaluru100 million-TemasekGoogle, Visa, SBI InvestmentFinancial ServicesDigibank
OrangeChennai-DebtBlacksoil Capital-Financial ServicesFintech Lending
WebEngageMumbai-DebtBlacksoil Capital-Marketing/AdvertisingSales & Marketing Software
Habanero FoodsBengaluru-DebtBlacksoil Capital-FoodE-commerce
CASHeMumbai-DebtBlacksoil Capital-Financial ServicesFintech
M2P FINTECHChennai35 millionSeries CTiger Global ManagementBEENEXT, Flourish Ventures, Omidyar Network India, 8i Ventures, Better Capital, DMI Group (Sparkle Fund)Financial ServicesFintech
Zetwerk Bengaluru66 millionDebtTradeCred-Industrial MachineryE-commerce
ReshaMandiBengaluru30 millionSeries ACreation Investments9Unicorns, Venture Catalysts, Sandeep Singhal, Brijesh Agarwal, Omnivore, Northern Arc, Alteria, Innoven, Stride VenturesInformation ServicesAgTech
NFTicallyGurugram1 millionSeed-Nitish Mittersain, Gaurav Munjal, Sujeet Kumar, Kunal Kapoor, Surojit ChatterjeeFinancial ServicesBlockchain
CraterBengaluru700,000Seed-LC Nueva AIF, Director of TransContinental Venture Fund, Prakash Mody, Naresh WadhwaMediaDigital Media
Visit HealthDelhi7.5 millionSeries ADocprime Technologies-Healthcare ServicesHealthTech
EarnWealthPune500,000Pre-Series A--Financial ServicesFintech
SALTBengaluru500,000Pre-Seed-Prashant Pansare, Amit Goel, Vishrut Bubna, Supermorpheus, founders of IIMJOBS, Cashoverflow, Orange Health, Cloudnine Hospitals, Bizongo, Loconav, Yellow Hospitality, Praxify, Letstransport, NetNetFinancial ServicesFintech
ForeignAdmitsBengaluru463,576SeedUnicorn India VenturesRiDiK Technology, Manoranjan Mohapatra, Kumar Siddhartha, Chandra Shekhar Sharma, Sudhanshu Mishra, Sagar Gandhi, Mayank Sharma Education/TrainingEdTech
F5Delhi662,251Pre-Series AAuxano CapitalHuddle, Lets Venture, Venture CatalystFoodFoodtech
leap.clubGurugram810,000Pre-Series AEnzia Ventures, Kunal ShahWhiteboard Capital, Titan Capital, Artha India VenturesInternetSaaS
EasocareMumbai-Seed--PharmaceuticalsSaaS
YobeeMumbai----Financial ServicesFintech
IshitvaAhemdabad1 millionPre-Series AInflection Point VenturesIndustrial MachineryRobotics & Drones
InnoDesignsAhemdabad10 million-PAN Group-RetailE-commerce
Tech4Billion Media (Chingari)Bengaluru19 million-Republic Crypto, Galaxy DigitalAlameda Research, Solana Capital, Valor Equity Partners, Kraken, Blackpine, NGC, Coinfund, LD Capital, Borderless Capital, AU21, Cultur3 Capital, Long Term Ventures, Afton Capital, CSP DAOInternetSocial Media
Stader LabsBengaluru4 millionSeedPantera CapitalCoinbase Ventures, True Ventures, Jump Capital, Proof Group, Hypersphere, Huobi Ventures, Solidity Ventures, Ledgerprime, Double Peak Group, TerraForm Labs, Solana Foundation, Near Foundation, Diogo Monica, Tim Ogilvie, Jaynti Kanani, Sandeep Nailwal, Nemil Dalal, Akash Garg, Chris McCann, Sumit Gupta, Ahmed Al Balaghi, Aniket Jindal, Harsh RajatFinancial ServicesBlockchain
Niro-3.5 millionSeedElevar EquityKunal Shah, Bala Parthasarthy, Prime Ventures, Nitin Gupta, the Patni Family officeFinancial ServicesFintech
TransteelBengaluru529,801-Klub-Consumer productsE-commerce
Log 9 MaterialsBengaluru2 million-Petronas Ventures-MaterialsNanotechnology
ProfitWheelMumbai3 millionSeedNetcore Cloud, Vivek BhargavaVallabh Bhansali, KRS Jamwal, Dinesh Agarwal, Prashant Gulati, Rizwan Koita, Jagdish Mathur, Jimmy Mahtani, Harish Bhal, Manish VijMarketing/AdvertisingSales & Marketing Software
MelorraBengaluru24 million-9Unicorns, Symphony International Holdings Limited, Value Quest, Venture Catalysts, Param Capital-Consumer productsE-commerce
CarDekhoJaipur250 millionSeries ELeapFrog InvestmentsCanyon Partners, Mirae Asset, and Harbor Spring Capital. CarDekho’s existing investors Sequoia Capital India, Sunley HouseAutomobiles Other Vehicles & PartsE-commerce
Cold LoveDelhi331,125AngelTarun Sawhney, Samir Sood-FoodE-commerce
mHealthDelhi-SeedIndia AcceleratorGovind Rao, Vikram Gupta, Alok ManiHealthcare ServicesFitness & Wellness
Playto Labs529,801SeedInflection Point VenturesDisruptors Capital, including Raj Snehil Juneja (chief investment officer); Krishna Kumar, Kunal Walia, Shashwat Kumar, Tonmoy Shingal, Ketan Kapoor, Sachin Sharma, Rajesh Razdan, Kuldeep DhankarEducation/TrainingEdTech

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.