Business

MK Stalin, the Chief Minister of Tamil Nadu, launched the Global Tamil Angels platform (www.tamilangels.fund) on Monday, inviting investors from the global Tamil diaspora to invest in the state’s start-ups. The platform debuted at the “Global Startup Investors Summit,” which was co-hosted by the Tamil Nadu Startup and Innovation Mission and the FeTNA International Tamil Entrepreneur Network. At the event, a multi-billion-dollar American Tamil Fund (ATF) was announced by investors from the Tamil Diaspora in the United States to invest in the state’s start-ups. According to a press release, the…

Singapore-headquartered enterprise SaaS platform Actyv.ai has raised $7 million in a pre-Series A funding round led by 1Digi Ventures, a family office based in Singapore. Previously, the startup had raised $5 million as part of its pre-Series A round, taking the total raise to $12 million in this round. It is also in talks to raise its next Series A round of funding and expects to close in another 3-4 months. Founded in 2019 by Raghunath Subramanian, About actyv.ai actyv.ai is an AI-powered enterprise SaaS platform with embedded B2B Buy Now Pay…

Trezi, a homegrown metaverse platform, has raised over $2 million in a Series A funding round led by World V, YourNest Venture Capital, and Auxano Capital, with participation from She Capital. The startup intends to use the funds raised to accelerate platform development in the metaverse and expand into high-potential new geographies. Trezi, founded in 2018 by Tithi Tewari and Gautam Tewari, said it allows clients to upload architectural models for real-time viewing, editing, and remote collaboration. The startup claims that leading brands such as Schneider Electric, GMR, NCRTC, St…