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LetsVenture In The News(15-21 Nov)

Planys Technologies, KnockSense & Prodo

IIT-Madras startup Planys Technologies raises $1.6 million

IIT-Madras incubated deep tech startup Planys Technologies has raised $1.6 million as part of its ongoing pre-series A round, which saw participation from global investor network Keiretsu Forum, LetsVenture, Shell, existing investors ONGC Startup Fund, Ranjan Pai’s MEMG Family Office, Kris Gopalakrishnan and other seed investors from Keiretsu Forum.

Planys Technologies makes robots for monitoring the integrity and working of remote infrastructure assets and plans to use the funding for scaling their operations internationally and to boost R&D & new product development in software-assisted underwater asset management.

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Knocksense raises bridge round worth $150,000

Lucknow-based local content production platform, Knocksense Media Services Pvt Ltd, has raised a $150,000 bridge round from We Founder Circle. Other investors who participated in this round include Appyhigh (lead investor), Mumbai Angels Network and angel investors from LetsVenture. 

The company aims to utilise funds in the tech development of the platform KnockOFF, and in expansion across new cities targeted to be achieved within this financial year. It aims to produce content including recommendations, videos, features, and more. 

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Prodo raises pre-seed Rs 3 crore funding

Prodo, a B2B e-commerce platform that provides manufacturing of consumables recently closed their pre-seed funding of Rs 3 crore.

The round, led by LetsVenture and Titan Capital, also saw participation from marquee angels such as Abhinav Sinha, Global COO, OYO; Nimesh Kampani, Co-founder & CEO trica; Gaurav Ajmera, CBO Pristyn Care; Prasun Choudhary, President, OYO International; Saurabh Aggarwal, Cofounder, Fitso by Zomato; Abdul Pravengal, Ex-CBO – Shipper; Saurabh Srivastava, CMO & CGO, Housr and others.

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