Download Unicorn Signals App

By EquityPandit

STARTUPS

VC Vaibhav Domkundwar Raises Debut Fund of $15.2 Million

Better Capital, a fund run by entrepreneur Vaibhav Domkundwar has raised its debut fund of $15.2 million to invest in pre-seed stage startups. The fund shows a new trend of solo founders investors raising funds amid a funding boom. Better Capital has so far invested in startups like Rupeek, Teachmint and Khata Book. “We want to be the best fund by all parameters and want to partner to companies. Being a solo GP also gives me the flexibility and speed required in this environment. It also helps me build the real faith that founders respect,” Domkundwar said.


Domkundwar is well-known among founders for finalising an investment after one meeting or one call. While that sounds fast and hasty, Better Capital invests in pre-seed, or pre-product startups, where an investor has to judge the quality of a founder’s idea and background. Better is planning to invest in 35-40 firms from this funding, with an average cheque of $3 lakh which can be over $1 million for best-performing companies.

Get Daily Prediction & Stocks Tips On Your Mobile


I would like to receive communication from EquityPandit via sms, email, whatsapp, Google RCS for offers, updates etc.
STARTUPS

Paytm Teams Up with Perplexity AI to Introduce AI-Powered Search

Ali Waghbakriwala

Gurugram-based fintech giant Paytm has partnered with AI startup Perplexity AI to integrate real-time, AI-driven search capabilities into its app. This collaboration aims to enhance user experience by providing instant, reliable financial insights to millions of Indian consumers.

This partnership represents a major leap in India’s digital payments landscape, enabling users to ask financial questions, explore topics in local languages, and receive answers backed by trusted sources.

As India’s digital economy expands, AI-powered search will help users navigate market trends, manage finances, and engage with technology more efficiently.

Perplexity AI, known for its fast and accurate AI-powered responses, will drive Paytm’s in-app search, delivering real-time insights on financial decisions and broader market movements.

Vijay Shekhar Sharma, Founder & CEO of Paytm, emphasized AI’s role in transforming information access, stating, “With Perplexity, we are bringing the power of AI to millions of Indian consumers, making financial knowledge more seamless and accessible.”

Aravind Srinivas, CEO & Co-founder of Perplexity AI, highlighted the significance of the collaboration, “We are excited to partner with Paytm, a pioneer in India’s mobile payment revolution. Our AI-powered search technology will help millions make informed decisions effortlessly.”

This partnership marks a step toward a future where AI enhances everyday digital interactions, making financial services more intuitive and accessible for users across India.

Tired of guessing stocks to trade in daily?
Unicorn Signals empowers you with powerful tools like daily stock scans for Intraday, Swing & Investing, Market Predictions and much more. Download the Unicorn Signals app today and take control of your investments!

STARTUPS

Vidyut Secures $2.5 Million in Funding From Flourish

Ali Waghbakriwala

The full-stack electric car ecosystem platform Vidyut stated in a statement on February 26 that it has received $2.5 million from global fintech investor Flourish Ventures. 

The release stated that further funding will help the business broaden its batter-as-a-service offerings in the passenger and commercial EV industries. The funding will expand Vidyut’s Battery-as-a-Service offerings in the passenger and commercial EV markets.

“With proven unit economics, strong 15% month-on-month growth, and long-term OEM partnerships, this investment will help us scale our innovative financing and lifecycle solutions across new vehicle segments,” said Xitij Kothi, co-founder of Vidyut.

Vidyut was established in 2021 by Kothi and Gaurav Srivastava with the intention of reducing the price of commercial EV ownership and providing customers with a risk-free choice through its ownership plans.  

VT offers a basic term loan plan as well as a hybrid financing option that lowers the initial cost of an EV by 40–50% by combining a vehicle loan with a battery subscription.

The company helps to unbundle batteries from EVs and offer them on a pay-per-kilometre subscription basis, which reduces the initial cost of 3W EVs by 35–40%, “making them significantly cheaper than ICE vehicles from day one”.

“We at Flourish Ventures believe that finance will have a key role in enabling actions towards climate change. As the economy transitions to sustainable solutions like electric vehicles, access to credit will play a key role to adoption in India,” said Harsh Gupta, Principal of Flourish Ventures.

Prior to this, the company had raised $10 million from investors led by 3One4 Capital in a Series A round. 

Zephyr Peacock, Saison Capital, Alteria Capital, and Force Ventures participated in the round.

Feeling overwhelmed by the markets? Let Unicorn Signals be your guide. Our user-friendly app simplifies complex data and provides actionable trading signals. Download the app today and trade with confidence!

STARTUPS

Dodo Payments Raises $1.1 Million in Seed Funding 

Ali Waghbakriwala

Dodo Payments, a pioneering global merchant-of-record platform catering to India and emerging markets has raised $1.1 million in seed funding. The round was co-led by Antler and 9Unicorns, as per an official statement.

The funding also saw participation from Venture Catalysts and several angel investors, including Nitin Gupta (Uni Cards, PayU), Maninder Gulati (former Oyo CSO, Lightspeed), Nishant Verman (former Flipkart CorpDev head), Raymond Russell (ex-chief of staff at Boom Supersonic), and Preethi Kasireddy (former a16z partner), among others.

Apoorva Ranjan Sharma, co-founder and president of Venture Catalysts, highlighted that Dodo Payments’ innovative cross-border payment solutions address a critical market need and have the potential to transform how businesses in emerging markets engage in global trade.

The startup plans to utilize the fresh capital for product development, expanding local payment processing in over 30 new markets, and strengthening compliance and security frameworks.

Rajesh Mane, partner 100unicorns, said, “Their AI-driven approach to solving cross-border payment complexities, from dynamic currency conversion to regulatory navigation, perfectly complements our vision of backing category-defining fintech infrastructure. We are particularly impressed by their superb transaction success rate and rapid merchant adoption, which shows a strong product-market fit in underserved regions.”

Founded in 2023 by Rishabh Goel and Ayush Agarwal, Dodo Payments aims to overcome key hurdles in international transactions, including low success rates, limited access to alternative payment methods, cumbersome documentation, and inadequate vernacular support. The platform empowers businesses to accept payments from more than 150 countries, achieving success rates exceeding 90%.

Tired of guessing stocks to trade in daily?
Unicorn Signals empowers you with powerful tools like daily stock scans for Intraday, Swing & Investing, Market Predictions and much more. Download the Unicorn Signals app today and take control of your investments!

STARTUPS

Geniemode Secures Over $50 Million in Series C Funding

Ali Waghbakriwala

Tiger Global-backed B2B sourcing platform Geniemode has raised over $50 million in a Series C funding round led by Multiples Alternate Asset Management. The round also included a secondary component and saw participation from Nandan Nilekani’s Fundamentum, Paramark Ventures, and existing investor Info Edge Ventures.

This funding comes nearly two and a half years after Geniemode secured $28 million in a Series B round led by Tiger Global, which had valued the company at $175 million, according to data from Traxcn.

The newly raised capital will be used to drive global expansion, enhance supply chain capabilities, and enter new markets, the company announced on February 24.

Amit Sharma, co-founder & CEO of Geniemode, said, “This investment accelerates our mission to build the most efficient, transparent, and scalable sourcing ecosystem, empowering brands with AI-powered design capabilities, speed, flexibility, and responsible sourcing solutions.”

Founded by Amit Sharma and Tanuj Gangwani, Gurugram-based Geniemode provides an AI-powered, asset-light sourcing platform for retailers. It connects buyers and manufacturers across industries such as furniture, home textiles, apparel, and accessories, streamlining the entire supply chain from design to delivery.

Operating across multiple regions, including the US, UK, Europe, China, Bangladesh, and India, Geniemode offers an efficient sourcing solution. The company’s website highlights its extensive network of over 250 suppliers and more than 100 buyers across 16 countries.

The founders anticipate closing FY25 with a gross merchandise value (GMV) exceeding $140 million and a positive EBITDA run rate of over $2 million.

Tanuj Gangwani, Co-founder & CFO, said, “With this round, we intend to scale to new geographies and take the company public in the coming years.”

Fundamentum’s Co-founder and General Partner Ashish Kumar highlighted Geniemode’s role in digitizing the fragmented apparel industry, while Info Edge Ventures’ Partner Kitty Agarwal described it as a ‘clear market leader’ in the B2B cross-border fashion segment. The fresh investment is expected to support the company’s inorganic growth strategy.

Tired of guessing stocks to trade in daily?
Unicorn Signals empowers you with powerful tools like daily stock scans for Intraday, Swing & Investing, Market Predictions and much more. Download the Unicorn Signals app today and take control of your investments!

STARTUPS

HP Inc. Acquires Humane Inc. for $116 Million 

Ali Waghbakriwala

HP Inc. is buying assets from Humane Inc., a startup company famous for its wearable AI Pin device, in a deal valued at US$116 million.

The transaction includes most of Humane’s personnel, intellectual property, and software platform but excludes the AI Pin hardware division, which is set to close.

The creators of Humane, Imran Chaudhri and Bethany Bongiorno, will join HP to lead a new division dedicated to artificial intelligence.

The deal is expected to close by the end of February.

Introduced in 2023, Humane was condemned for being prone to fire, having bugs, and being of poor quality. Although the company raised over US$230 million, it faced market challenges.

In 2024, it shifted its attention to software and unveiled Cosmos, an AI operating system that HP intends to incorporate into its goods.

In May 2024, Humane reportedly started looking for purchasers and set an initial price range of US$750 million to US$1 billion before accepting HP’s offer.

HP sees AI integration as a means of improving its products’ performance, security, and cost.

Unlock profitable opportunities every day! Unicorn Signals provides actionable intraday trading signals for stocks and futures. Don’t miss out – download Unicorn Signals and start winning now!

Latest
IPO
Weekly
Outlook

Stock
Market
Prediction