AI Startup Control One Raises Rs 3 Cr in Pre-Seed Funding
By Rediff Money Desk, NEWDELHI Apr 25, 2024 15:54
AI startup Control One secures Rs 3 crore in pre-seed funding led by investors including Kunal Shah (CRED) and Chaitanya R (Wakefit). The funds will be used to build a prototype and conduct pilot validations.
![AI Startup Control One Raises Rs 3 Cr in Pre-Seed Funding](https://im.rediff.com/money/2018/nov/27usd.jpg)
New Delhi, Apr 25 (PTI) AI startup Control One has raised USD 350,000 (about Rs 3 crore) in a pre-seed funding round.
It aims to utilise the fund to create a fully functional prototype and conduct successful pilot validations.
The investors include Kunal Shah (Founder, CRED), Chaitanya R (Co-Founder, Wakefit), Amit Singh (Ex-MD, Avendus Capital), and Silicon Valley-based Top Supply Chain executives from Tesla, Amazon, Walmart, eBay, Mercedes-Benz, and General Electric.
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Boba Bhai raises Rs 12.5 cr in seed funding
*Quick-Service Restaurant (QSR) chain Boba Bhai has raised Rs 12.5 crore in a seed funding round led by Titan Capital and Global Growth Capital UK.
Boba Bhai founder Dhruv Kohli said the company will use the fund to capture 75-80 per cent market share in India and expand to 100 stores across the country by December 2025.
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Plane raises USD 4 million in seed funding
* Tech startup Plane has secured USD 4 million (about Rs 33 crore) in a seed round of funding from OSS Capital.
The investment will fuel the company's community growth and compete in the coveted enterprise segment, according to a statement.
Plane also unveiled Plane One, a first-in-open-source pricing plan for self-managed instance owners at growing companies.
It aims to utilise the fund to create a fully functional prototype and conduct successful pilot validations.
The investors include Kunal Shah (Founder, CRED), Chaitanya R (Co-Founder, Wakefit), Amit Singh (Ex-MD, Avendus Capital), and Silicon Valley-based Top Supply Chain executives from Tesla, Amazon, Walmart, eBay, Mercedes-Benz, and General Electric.
*****
Boba Bhai raises Rs 12.5 cr in seed funding
*Quick-Service Restaurant (QSR) chain Boba Bhai has raised Rs 12.5 crore in a seed funding round led by Titan Capital and Global Growth Capital UK.
Boba Bhai founder Dhruv Kohli said the company will use the fund to capture 75-80 per cent market share in India and expand to 100 stores across the country by December 2025.
******
Plane raises USD 4 million in seed funding
* Tech startup Plane has secured USD 4 million (about Rs 33 crore) in a seed round of funding from OSS Capital.
The investment will fuel the company's community growth and compete in the coveted enterprise segment, according to a statement.
Plane also unveiled Plane One, a first-in-open-source pricing plan for self-managed instance owners at growing companies.
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