mistEO raises seed funding led by MGF-Kavachh
Seafund and other investors also participated in the round.
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Seafund and other investors also participated in the round.
Sreedharan brings over 30 years of experience in the technology industry.
The latest searches are part of the agency's wider investigation into suspected foreign exchange violations involving cryptocurrency platforms.
The round also saw participation from Aranya Holdings and Naandi Ventures, while existing investors AUM Ventures and Shakti VC also invested in the startup.
The company plans to use the fresh capital to expand its global presence and increase the deployment of its autonomous logistics solutions across healthcare and industrial facilities.
Singh said he plans to explore opportunities in agentic commerce as artificial intelligence reshapes the way consumers shop and interact with brands.
The round also saw participation from existing investor Omnivore, along with angel investors Chiranjeev Singh Saluja and Sudhir M Reddy.
Allyson Jenkins, who previously served as Vice President of Public Sector at Pixxel, has been appointed CEO of Pixxel Federal.
The searches were carried out on October 27 covering entities operating the Mudrex and Saber.money platforms, along with the decentralised finance (DeFi) protocol Instadapp.
According to the company, its market capitalisation grew from around Rs 2,500 crore to around Rs 80,000 crore during Oberoi's 16 years as CEO.
The company has also received Rs 53.75 lakh in grants from SIPCOT, MeitY Startup Hub, NIDHI PRAYAS, IIT Madras Research Park’s RTBI programme and Cummins CSR.
The startup also announced a joint venture with Japan-listed Globalway Inc. to expand into Japan’s enterprise market.
The funding round also saw participation from Coinbase Ventures and Zero Knowledge Ventures, among others.
The round also saw participation from Equirus InnovateX Fund and angel investors.
The round also saw participation from WYSER, CDM Capital and Seedstars.
Prior to this funding round, RevRag AI had secured $600,000 in a pre-seed round led by Powerhouse Ventures in August 2024.
Digital gold purchases value via UPI increased to Rs 2,585.35 crore in September from Rs 2,488.52 crore in August.
The fund is targeting a total corpus of Rs 1,500 crore, including a green-shoe option, with NABARD as its anchor investor.
To improve cash flows, the Council has proposed faster processing of GST refunds.
Kumar, who has been with the company for over five years, currently leads Google Cloud’s Digital Natives segment in India.