India’s Jiffy.ai lands US$18M Series A investment to help businesses automate manual tasks
Jiffy.ai, an enterprise automation startup based in Kerala, has raised US$20 million in Series A funding from Nexus Venture Partners, according to AnalyticsIndiaMagazine.
Other participating investors include executives from tech companies Charles Goldman, CEO of AssetMark; Richard Galanti, CFO of Costco; Sri Viswanath, CTO of Atlassian; Tony Thomas, CIO of Nissan Motors; and Bob Ward, the former COO SunGard Wealth and Retirement.
The fresh funding will be used for research and development, scaling, and global expansion across the United States, Europe and Southeast Asia.
Jiffy.ai is a software company that offers an AI-powered intelligent and integrated platform to help businesses automate manual tasks. Its solutions are designed to make customers operations more time and cost-efficient.
In a press statement, founder of Jiffy.ai, Babu Sivadasan, said that the company’s overall goal is “to promote sustainable, compassionate entrepreneurship”. He further added that the founding team is aligned around this core belief that the company has a huge responsibility to give back to the community through our social programmes and build a better workplace for the future leaders.
Jiffy.ai is currently working with companies to upskill and provide job training and placement programmes for people whose positions are presently displaced.
Edvizo raises US$150K+ to help students search for coaching institutes
Edvizo, an early-stage edutech startup, has raised over US$150,000 in a seed round from Inflection Point Ventures, according to a press statement.
The Bangalore-based startup will use the new capital to improve its platform and current data quality.
Unlike other edutech companies who focus on schools and universities, Edvizo plans to tap into India’s coaching centres. These centres are extremely popular in the region with nearly 71 million students utilising its help to pursue mainstream competitive exams.
Edvizo acts as an online marketplace to search, compare and enrol in the best institutes for competitive exam preparation.
Currently, the company claims to have around 2650 institutes in its platform with over 50,000 registrations.
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