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Venture capital firms GVFL and Piper Serica Angel Fund, existing investors like We Founder Circle and IVY Growth, along with a few angel investors participated in the round
Evify, an electric vehicle logistics firm, said it has raised $1.3 million in funding in a pre-series A round led by venture capital firms GVFL and Piper Serica Angel Fund.
The amendments, to be notified soon by the IT ministry, could mandate that platforms that use artificially intelligent algorithms or language models to train their machines, are free of biases.
The fintech space saw five funding rounds surpassing the $100 million mark.The sector saw 31 acquisitions, and two initial public offers in 2023.Alternative
Late-stage rounds in 2023 were down by 56% at $1.4 billion while early stage and seed-stage rounds dropped by 73% and 69%, respectively