Saturday, Apr 20 2024 | Time 17:10 Hrs(IST)
Business Economy

Tech startup Daakia secures seed funding of Rs 4 cr

Bengaluru, Mar 28 (UNI) Tech start-up Daakia Pvt. Ltd. said on Thursday that it has secured seed funding to the tune of US$ 5 lakh (Rs 4 crore) from a group of strategic investors.
The fund will help the AI-powered tech firm to scale up its operations in rural and inaccessible areas and also expand the user base in metro and Tier 1 cities.
"The funding round was led by the MD of Green Apple Enterprises, Sasi Kumar Marasu, with participation from a few other angel investors. This significant investment will fuel Daakia's mission to provide citizen-centric services to make collaborations easier, effective, and thus achieve digital sovereignty," the company said in a media release.
The release noted that with the latest round of funding, the company is poised to scale its platform to serve businesses and individuals globally and provide a cost-effective Indian-made solution alternative to WhatsApp and Zoom.
"This funding will enable us to expand our team, enhance our technology, and reach more customers. While internet has brought people together, the world still struggles with linguistic boundaries.
Through Daakia, one can have a meaningful conversation with anybody in the world in about 109 languages," the company's founder and CEO, Animesh Kumar, said.
Added Sasi Kumar Marasu, "We believe that Daakia Private Limited has the potential to revolutionise the way businesses operate and transform the user experience with its intuitive communication platform."
Founded in 2020, Daakia is a deep-tech Indian startup in the fields of Enterprise SaaS and Digital Communications.
More News
ICICI Bank strengthens support for senior citizens in Bengal

ICICI Bank strengthens support for senior citizens in Bengal

20 Apr 2024 | 1:29 PM

Kolkata, April 20 (UNI) The ICICI Bank has announced a range of initiatives to make banking more convenient to its senior citizen customers in West Bengal.

see more..

IREDA nets all-time high at Rs 1,252 23 cr in FY24

19 Apr 2024 | 8:38 PM

New Delhi, April 19 (UNI) Indian Renewable Energy Development Agency Ltd. (IREDA), the nation's largest pure-play green financing NBFC, Friday announced an all-time high net profit of Rs. 1,252.23 crore in 2023-24, a 44.83 per cent jump over the previous fiscal year 2022-23.

see more..

"CSIR-IICT and BHEL partners to advance clean fuel technology: MoU signed on CO2 to DME"

19 Apr 2024 | 7:23 PM

Hyderabad, April 19 (UNI) The Council of Scientific and Industrial Research-Indian Institute of Chemical Technology (CSIR-IICT) and Bharat Heavy Electricals Limited (BHEL) Corporate R&D have forged a partnership to develop technology for capturing and converting carbon dioxide (CO2) to Dimethyl Ether (DME) through direct catalytic conversion.

see more..

Amara Raja Infra Wins Greenko’s 700MWp solar project in AP

19 Apr 2024 | 6:41 PM

Hyderabad, Apr 19 (UNI) Amara Raja Infra Private Limited (ARIPL), part of the $1.75 billion Amara Raja Group, on Friday announced it has secured a solar BoS (Balance of System) project of 500MW/700MWp from Greenko.

see more..
Sensex recovers 600 points on heavy buying on last day of week

Sensex recovers 600 points on heavy buying on last day of week

19 Apr 2024 | 5:34 PM

Mumbai, April 19 (UNI) Snapping a losing streak of last four sessions, the BSE Sensex on Friday bounced back 599.34 points to close at 73088.33 on expectation of minimal escalation of tension between Israel and Iran.

see more..