Connect with us

Funding

SaaS Startup Whatfix Raises Rs. 24 Crores From Stellaris Venture Partners

Published

on

SaaS startup Whatfix raises Rs 24 crore from Stellaris Venture Partners, alok goyal, aneesh reddy, bangalore startups, girish mathrubootham, helion venture partners, khadim batti, real-time interactive guidance technology, saas platform, startup, stellaris venture partners, vara kumar, vispi daver, whatfix, startups, founders, entrepreneurs, innovators, Bengaluru based SaaS startup Whatfix raises Rs 24 crore, SaaS startup company Whatfix

A software as a service (SaaS,) startup company Whatfix, raises as much as $3.6 million (Rs. 24 crores) in an early round of funding led by Stellaris Venture Partners. Alok Goyal, who is a partner at Stellaris Venture Partners will now be joining the Whatfix board.

According to reports, Whatfix has stated that this round of funding will be useful to strengthen its R&D and also its presence overseas. Whatfix has witnessed 8 times growth since last year and now they are in plans to triple their enterprise customer base over the next one year.

Whatfix’s solutions provide in-app help and support for enterprise applications. Founded by Khadim Bhatti and Vara Kumar in 2013, Whatfix raised Rs. 5.5 crore in 2015.

Vara Kumar, the co-founder said: “Enhancing product capability is our main focus to further reduce decision complexity for users. To achieve this we are channeling the development efforts for predicting user behavior to improve help contextualization.”

The Whatfix platform helps enterprises enable their users to adopt any software application quickly thereby eliminating the time spent in referring multiple resources for support and help.

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Funding

Flam Secures $14M Series A to Revolutionize Mixed Reality Marketing with AI

Published

on

Flam_StartupStories

AI infrastructure startup Flam has raised $14 million in a Series A round led by RTP Global, with participation from Dovetail and existing investors, bringing its total funding to $22 million. Founded in 2021, Flam enables brands to create and deliver high-fidelity mixed reality (MR) and generative AI experiences without the need for app downloads, allowing consumers to access immersive content via QR codes or links in under 300 milliseconds.

Flam’s platform is already used by over 100 global brands-including Google, Samsung, and Netflix-reaching more than 380 million users. The new funding will accelerate product innovation, expand operations in North America, Europe, and Asia, and launch a full-stack enterprise suite for MR and GenAI-driven marketing. The company currently has over 120 employees and plans to grow to 180 by the end of 2025, aiming to transform every brand touchpoint into an interactive digital experience.

Continue Reading

Funding

Info Edge Delivers 36% Returns on Startup Investments

Published

on

Infoedge

Info Edge, the parent of Naukri.com, has achieved a 36% gross internal rate of return (IRR) on its startup investments since 2007, turning a total investment of INR 3,959 crore across 111 startups into a portfolio now valued at INR 36,855 crore-a nearly 9X gain. Early bets on Zomato and Policybazaar have been especially lucrative, with holdings in these two companies alone worth INR 31,500 crore as of March 2025.

The company’s investment strategy spans multiple vehicles, including the SEBI-registered Info Edge Venture Fund (IEVF), Info Edge Capital, and Capital 2B, with a combined fund corpus of INR 3,423 crore and Info Edge committing INR 1,614 crore. Early-stage investments now contribute 30-40% of the company’s overall value.

Info Edge’s Alternative Investment Fund (AIF) investments have yielded an IRR of 18.7%. Many portfolio companies, such as TrueMeds, Geniemode, Attentive.ai, and InPrime, have attracted follow-on funding from major investors like Accel, Peak XV Partners, and Tiger Global. Notably, BlueStone, the largest investment of Info Edge Capital, has filed for an IPO after securing investments from Prosus, Peak XV, and Steadview Capital.

Founder Sanjeev Bikhchandani emphasized the company’s focus on strong governance and financial controls, with a preference for value realization through public listings or strategic exits.

Continue Reading

Funding

Phab Raises $2M Seed Funding to Expand Healthy Snacking Brand

Published

on

PHAB

Phab, the D2C healthy snacking brand co-founded by Ankit Chona of ice cream brand Hocco and his wife Gayatri Chona, has raised $2 million (around ₹17 crore) in a seed funding round led by OTP Ventures, with participation from Capri Global, Sim&San law firm, and angel investors.

Founded in 2018, phab offers protein bars and healthy milkshakes, leveraging Ankit’s decade-long food industry experience and Gayatri’s expertise as a certified nutritionist. The brand has sold over 2 million units and sells through e-commerce and quick commerce platforms like Amazon, Flipkart, Zepto, and Blinkit.

Despite a 12% dip in operating revenue to ₹5 crore in FY24, phab trimmed its net loss by nearly 3% to ₹6.8 crore, showing improved efficiency.

The new funds will be used to expand the team, invest in production capacity, and grow phab’s presence across digital, quick commerce, and offline channels. The brand competes with Yoga Bar, Beyond Snack, and The Whole Truth in India’s growing $68 billion healthy snacking market. OTP Ventures’ founding partner Suhail Sameer praised phab’s bold, differentiated approach and the founders’ vision, signaling strong investor confidence in the brand’s growth potential.

 

Continue Reading
Advertisement

Recent Posts

Advertisement