Startup Saturday |Zivy's $1.2M Boost, GameEon’s $1M Fund, & Glean’s $260M Raise!
Introduction
Welcome to this week's edition of Startup Saturday! I'm Ana Gupta, and here are the five top startup stories that are making waves this week.
1. Zivy Secures $ 1.2 Million for AI Power Tool
Bengaluru-based Zivy has successfully raised $ 1.2 million in funding to enhance its AI-powered tool designed to help managers prioritize workplace tasks. This innovative solution aims to keep managers focused amidst a flood of notifications, improving productivity and workflow efficiency.
2. GameEon Studios Raises $ 1 Million for New Games
In Mumbai, GameEon Studios has raised $ 1 million in funding to develop new games, including the highly anticipated title "Mumbai Gales." The goal of the studio is to showcase India's vibrant culture through gaming, further enriching the interactive experience for players.
3. NPCI Reports 37% Profit Jump in F24
The National Payments Corporation of India (NPCI), the developer behind UPI (Unified Payments Interface), has reported an impressive 37% increase in profits for the financial year 2024, reaching ₹1,137 crore. UPI continues to dominate India's digital payment landscape, facilitating seamless transactions.
4. Money View Becomes India's Newest Unicorn
In the unicorn space, Bengaluru-based Money View has achieved a valuation of $ 1.28 billion, officially making it India’s newest unicorn. The company offers personalized credit solutions aimed at empowering users to manage their finances better.
5. Glean Raises $ 260 Million, Doubling Valuation
Lastly, AI startup Glean has made headlines by raising a substantial $ 260 million, which has doubled its valuation to $ 4.6 billion. This significant funding boost is set to propel Glean's mission of enhancing productivity through advanced AI-driven solutions.
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Keywords
- Zivy
- AI-powered tool
- $ 1.2 million
- GameEon Studios
- $ 1 million
- Mumbai Gales
- NPCI
- UPI
- Profit jump
- Money View
- Unicorn
- $ 1.28 billion
- Glean
- Fundraising
- $ 260 million
- Valuation
FAQ
Q: What is Zivy's recent funding for?
A: Zivy raised $ 1.2 million to enhance its AI-powered tool that helps managers prioritize workplace tasks.
Q: How much funding did GameEon Studios secure?
A: GameEon Studios secured $ 1 million to develop new games like the anticipated "Mumbai Gales."
Q: What does NPCI stand for and what recent achievement did they report?
A: NPCI stands for National Payments Corporation of India, and they reported a 37% profit increase to ₹1,137 crore in the financial year 2024.
Q: What is Money View's latest valuation?
A: Money View reached a valuation of $ 1.28 billion, making it India’s newest unicorn.
Q: How much did Glean raise in its recent funding round?
A: Glean raised $ 260 million, doubling its valuation to $ 4.6 billion.
One more thing
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