India Dealbook: WedMeGood, Flatpebble, Intello Labs, Big Bang Boom raise funding

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Intello Labs, WedMeGood, Flatpebble, and Big Bang Boom Solutions are among the latest startups to raise funding.

WedMeGood raises $2.6m from Orchid

Online wedding platform WedMeGood has secured $2.6 million from Orchid India, which is part of an investment fund focused on China, according to an announcement on Wednesday.

WedMeGood plans to use the Series A funding to expand operations in India and enhance its product offerings. “We are also looking at investing further in the product and user acquisition and diversification of revenue streams,” said Anand Shahani, co-founder, WedMeGood.

The company, founded in 2014 by husband and wife duo Anand and Mehak Shahani, offers services in all major cities and destination wedding locations in India and in some overseas markets.

Intello Labs snags $2m in seed funding

Agritech startup Intello Labs on Wednesday announced that it has closed a seed round of $2 million from Nexus Venture Partners and Omnivore.

Intello Labs uses artificial intelligence tools including computer vision and deep learning to build a platform for grading and monitoring the quality of agricultural commodities. The company aims to become the de-facto quality platform across agribusiness value chains for trading, procurement, grading, pricing, marketing, and traceability.

“This funding will help us strengthen our product and rapidly scale globally. Omnivore brings deep domain expertise and an incredible agribusiness network while Nexus brings unparalleled experience scaling Indian technology startups,” Milan Sharma, CEO of Intello Labs, said.

Indian Angel Network backs Flatpebble

Seed-stage investing platform Indian Angel Network (IAN) has invested in a bridge funding round for Flatpebble, a Hyderabad-based AI-driven on-demand cataloguing platform.

The startup had previously raised $600,000 from IAN and has now raised total funding of nearly $1 million.

Flatpebble, operated by TechClove Technologies Pvt. Ltd, will use the funds to scale up its operations, per a company statement. Established in 2014, the company enables business ventures to shoot and manage catalogues of their products across India.

Defence tech startup bags iDEX grant

Defence tech startup Big Bang Boom Solutions (BBBS) has secured Rs 1.5 crore in grants for winning the ‘See Through Armor’ challenge by the Ministry of Defence under Innovations for Defence Excellence (iDEX) programme, PTI reported.

The startup will also get a chance to co-develop the solution along with the Indian Army, the report added.

iDEX, which was launched in April last year, aims to engage with micro, small and medium enterprises, startups, individual innovators, research and development institutes and academia, and provide them with grants and other support to carry out R&D for solutions that have potential for future adoption.

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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.