Venture Gurukool, a mentoring platform for early and growth stage ventures, is planning to launch its maiden fund called VG Coop Fund with a target corpus of $20 million.
Recruitment solutions startup HireXP has raised an undisclosed sum from Ambarish Gupta, chief executive of cloud telephony firm Knowlarity Communications Pvt Ltd.
Bengaluru-based drone startup Aarav Unmanned Systems (AUS) has raised an undisclosed amount in a Pre-Series A funding round from GrowX Ventures, 500 Startups, and BellWether Advisors which also witnessed participation of existing investors StartupXseed, 3ONE4 Capital and Sanjay Jesrani, aided by ValPro’s ‘Enablers’.
Hyperlocal discovery platform Magicpin has raised about $1 Million in venture debt from Trifecta Capital.
Early-stage fund Prime Venture Partners has closed its third fund at INR 400 crore (about $60 million) to invest in around 15 startups at the seed level and make follow-on investments.