MBG Cards plans to allocate the funds towards marketing enhancement, product development, and team expansion, according to an official statement.
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The funds will be directed toward team expansion, product development, technology upgrades, and strategic partnerships.
The funds will be used to advance Resilience AI’s product, Resilience360, which delivers comprehensive climate risk management solutions.
Quanfluence plans to use the funds to advance its near-term products, bring them to market, and further the research and development of its flagship quantum computer.
The funds will be utilized to enhance Mili’s product, scale partnerships, and expand its engineering and customer success teams, the company said.
The fresh funding will be used to expanding HostBooks AI-powered product suite, growing its international footprint, and strengthening teams across sales, product marketing, and operations.
Funding raised by Fibroheal will be used to strengthen its go-to-market strategy, expand workforce, and further develop its product pipeline.
Post-funding, Stage is valued at ₹674 crore (approximately $80 million). To date, the company has raised $19 million.
SolarSquare intends to use the funds to expand its operational footprint from 20 cities to 50 across India.
FirstClub plans to utilize the funds to establish dark stores in Bengaluru initially, followed by expansion with experience centers.
The funds will be used to expand FinX’s geographical presence, diversify its product offerings, and venture into IT skill training.
The funds will be utilized to improve its CRM software by adding innovative features, enhancing customer service, and scaling operations.