AI-driven Startups Secure Massive Funding to Revolutionize Industries

AI-driven sales startup OrbitShift raises USD 7 million in seed funding. Supermoney, a digital lending platform for SMEs, secures USD 3.4 million in Series A. SaaS startup Maxim AI garners USD 3 million, launching its platform. Wahter, a drinking water startup, raises Rs 5 crore for expansion.

AI-driven sales startup, OrbitShift, has successfully raised a significant USD 7 million in seed funding. The funding round was led by Peak XV's Surge and Stellaris Venture Partners. The California-based company aims to use this capital to expand its customer base and develop more robust solutions for its clientele.

Additionally, the SME-focused digital lending platform, Supermoney, has secured USD 3.4 million in Series A funding. The funds, obtained from Capital 2B and Capria Ventures, will be directed towards accelerating its growth and expanding its disbursement capabilities. 'We're seizing a USD 800-billion domestic market opportunity,' said Nikhil Banerjee, co-founder and director of Supermoney.

In a similar vein, SaaS startup Maxim AI, which has successfully raised USD 3 million in a funding round led by Elevation Capital, has announced the general availability launch of its platform. The funds will be utilized to expand the team and scale operations to collaborate with more leading enterprises in the AI sector.

Meanwhile, Wahter, a packaged drinking water startup, has attained Rs 5 crore in pre-seed funding at a valuation of Rs 52 crore. This funding will be used to enhance its distribution network, streamline production processes, and innovate its advertising-focused revenue strategy.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)