Fintech company GrayQuest, IoT-based Probus, others raise early fundsCredit: 123RF.comFintech startup GrayQuest, smart grid automation platform Probus and SaaS startups Houseware and I-CampusBuddy have raised early-stage funding, according to their respective statements on Thursday. GrayQuest raised $7 million (Rs 56 crore) in a Series A funding round led by Pravega Ventures. AdvertisementExisting investors such as the family offices of Ashok Wadhwa (Ambit Capital) and Yogesh Mahansaria also invested in the funding round. Internet-of-things (IoT)-based smart grid automation startup Probus raised $3 million (Rs 24.5 crore) in a Series A funding round led by existing investor Unicorn India Ventures. Software-as-a-service (SaaS) startup Houseware raised $2.1 million (Rs 17.2 crore) in a seed funding round led by Singapore-based, Tanglin Venture Partners.

Source: The North Africa Journal March 09, 2023 16:31 UTC