[Funding roundup] O’2 Nails India, FlexC, Speedlabs raise early-stage deals

O’2 Nails India raises second fund from Atal Incubation Center – BIMTECH

O’2 Nails One of India’s fast-growing consumer and fashion retail startups The space dedicated to nail care has been raised $75,000 Funded from Atal Incubation Center – BIMTECH According to the Indian government’s Startup India initiative and some large investors.Funding is provided in the form of bonds Seed Funding ProgramAIC – BIMTECH is also hatching O’2 Nails India under their ‘Gurukul’ programme where they are reformulating nail care products in a more sustainable way.

The fundraiser attracted participation from other major angel investors, including G Sowmya (Product Owner – Google) and Sanjay Vijayvargiya (partner Mahindra Holiday). Atal Incubation Center – BIMTECH and Parul Agarwal and other investors. O’2 Nails India will use these funds to promote technological advancement and retail growth by increasing the number of stores.

“Speaking on this occasion, Aparna Singh, CEO, O’2 Nails India said,

“Our audience doesn’t buy goods or services. They’re keen to buy relationships and stories, and they can showcase them socially. Since India is full of celebrations and colours, now you have the option to get your nails done through our combination of technology and technology. Expressing them. Aparna added: “After the incubation at Atal Incubation Centre – BIMTECH, I am very confident that we will definitely create change in the nail care industry. We are grateful to our existing investors, who are also very happy that we are able to grow 5x year-over-year. We will also add 10 boutiques this quarter and bring our total to 50 this calendar year, with 90% of She Power bringing our customer base to 100,000 recurring paying customers. Our store strength will allow us to penetrate the nail care market throughout India and compete with global markets and standards. On the product side, this Mother’s Day we’re also starting to get into the product space, launching five products in the nail care category across all e-commerce platforms on 22 July.”

FlexC raises undisclosed funding from Dr RA Mashelkar and Amey Mashelkar

Elastomeran AI talent marketplace for recruiting and managing a hybrid workforce, has secured undisclosed funding by bringing in new investors, Dr. RA Mashelkar and Amey Mashelkar.

Dr. Mashelkar has served on the boards of leading Indian companies such as Tata, Reliance KPIT Technologies, Hindustan Unilever, Piramal Group, Mind Tree, and many others. He has been awarded honorary doctorates by more than 45 universities around the world.

He is a Padmavibhushan recipient and also received the Outstanding Asian Star Award from former US President George Bush (Sr).

Another investor in FlexC is Amey Mashelkar, who heads JioGenNext, Jio’s entrepreneurial innovation and mentoring program. He is also an angel investor focused on investing in promising companies that are building global businesses.

FlexC was created to bring the best Indian talent to the global market. The company will use the funds to expand into various lines of business beyond IT and BPO and into consumer technology, BFSI and retail. It also plans to invest in technology platforms to create a competitive and comprehensive workplace ecosystem.

Mumbai Angels, others invest Rs 14.31 in SpeEdlabs’ Pre Series A round

Mumbai Angelsa premium platform for private investment, has invested in speed lab, one of the leading AI-based education technology platforms, as part of its Pre-Series A funding round. LetsVenture, Ecosystem Ventures and SucSeed Ventures also participated in the Rs 14.31 crore fundraiser. SpeEdLabs will direct the newly injected capital to expand its reach and strengthen its infrastructure.

Nandini Mansinghka, Co-founder and CEO of Angels Mumbai, Said, “The advent of AI-enabled platform-as-a-service solutions has revolutionized the hitherto unorganized after-school tuition market. Given the one-size-fits-all education system prevailing in India today, there is a huge demand for non-universal learning models. We believe that unique Our technology-driven learning solutions will continue to enrich student learning and drive future demand for personalized coaching.”

“As the world moves towards a blended education model, now is the time for children/students to personalise their education according to their requirements. Purely online tutoring was a mandatory option during the COVID-19 lockdown, but now offline using technology The classroom model will be the hybrid model for success. The SpeEdLabs platform uses data-driven hyper-personalization, dynamic adaptive learning, algorithm-driven automated content management, and analytical data visualization to help students reach their potential because we’re getting the best of both worlds. We’re also very Delighted to have large investors backing our journey. Currently operating in over 200 cities, supporting over 100,000 students and supporting over 5,000 teachers, SpeEdLabs will soon expand its operations to 23 nationwide 800 cities in the state,” said Vivek Varshney, Founder of SpeEdLabs.

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