logo
Kluisz.ai and Grexa AI Raise Early-Stage Funding for Growth

Kluisz.ai and Grexa AI Raise Early-Stage Funding for Growth

Entrepreneur12 hours ago
The below brands have announced their latest funding rounds.
You're reading Entrepreneur India, an international franchise of Entrepreneur Media.
RTP Global Leads USD 9.6 Mn Funding Round In AI Cloud Startup Kluisz.ai
Kluisz.ai, a deep tech startup focused on AI-driven cloud solutions, has raised USD 9.6 million in seed funding led by RTP Global. The investment round also saw participation from Unicorn India Ventures, Blume Founders Fund, Climber Capital, and notable angel investors including Ritesh Agarwal, Dr Ritesh Malik, and Aditya Virwani.
The Bengaluru-based company will use the funds to scale its engineering team, enhance product development, and support early customer deployments.
Founded earlier this year by Abhinav Sinha, Vamshidhar Reddy, and Abhijeet Singh, Kluisz.ai is building an AI-native private cloud platform tailored for enterprise use. The platform is designed to handle AI workloads across hybrid, on-premise, edge, and sovereign cloud environments. It integrates security, observability, and automation from the ground up.
"Our goal is to redefine private cloud infrastructure to meet the demands of the AI age. From silicon to software, the stack is built for performance, policy compliance, and security, without the need for manual effort," said Abhinav Sinha, Co-founder and CEO of Kluisz.ai.
Madhur Makkar, Principal at RTP Global, added, "Abhinav, Vamshi and Abhijeet bring world-class experience and vision to this space. This is a team with deep technical experience and the product and market instinct to reimagine the private cloud in the AI era."
Bhaskar Majumdar of Unicorn India Ventures highlighted that Indian deep tech startups are pushing boundaries and Kluisz.ai's AI-powered cloud management platform offers enterprises a secure, high-performance system that could significantly impact global markets.
Kluisz.ai empowers developers to set performance and compliance goals, while the platform automates deployment and execution across different cloud infrastructures.
Grexa AI Bags INR 15.5 Cr Funding Led by Utsav Somani
Grexa AI, a marketing technology startup, has raised INR 15.5 crore in a seed funding round led by Utsav Somani. The round also saw participation from Bharat Founders Fund, DeVC, Vernalis Capital, and several angel investors including Revant Bhate, Vaibhav Domkundwar, Ramakant Sharma, and Sumit Gupta.
The newly secured funds will be used to accelerate product innovation and support go-to-market efforts. Grexa AI plans to continue developing its autonomous platform, which uses artificial intelligence to drive marketing performance based on real-time business data.
Co-founded in 2024 by Ashutosh Kumar, Ayush Varshney, Arpit Oswal, and Narendra Agrawal, Grexa AI aims to simplify marketing for India's small business sector. The founding team previously built Testbook, an edtech platform with millions of users.
The Thane-based startup offers an all-in-one platform that automates digital marketing for small businesses such as salons, clinics, gyms, cafés, travel agencies, and coaching centres. The platform handles social media, local SEO, advertisements, and website management without requiring technical expertise.
Ashutosh Kumar, Co-founder and CEO, said that Grexa was built to serve the majority of Indian businesses that lack access to structured marketing. He added that traditional options like agencies or freelancers are often costly or ineffective for small enterprises.
Currently, over 21,600 businesses have adopted the service since its beta launch. Grexa AI aims to empower one million small businesses over the next two years.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Unveiling 3 Undiscovered Gems In Asia With Strong Fundamentals
Unveiling 3 Undiscovered Gems In Asia With Strong Fundamentals

Yahoo

time25 minutes ago

  • Yahoo

Unveiling 3 Undiscovered Gems In Asia With Strong Fundamentals

As global markets experience a mix of gains and setbacks, with the S&P 500 and Nasdaq reaching new highs while small-cap indices like the Russell 2000 show modest positive movement, investors are increasingly looking towards Asian markets for opportunities. In this dynamic environment, stocks with strong fundamentals stand out as potential gems, offering resilience against economic fluctuations and the potential for growth in diverse sectors. Top 10 Undiscovered Gems With Strong Fundamentals In Asia Name Debt To Equity Revenue Growth Earnings Growth Health Rating AOKI Holdings 25.32% 5.06% 57.58% ★★★★★★ Hubei Three Gorges Tourism Group 11.24% -15.32% 17.90% ★★★★★★ Xinjiang Torch Gas 0.78% 16.31% 14.06% ★★★★★★ Ampire NA -2.21% 8.00% ★★★★★★ TCM Biotech International 2.98% 5.76% -0.13% ★★★★★★ Showbox NA 10.08% 7.87% ★★★★★★ Tokyo Tekko 8.47% 8.06% 24.39% ★★★★★☆ Hong Leong Finance 0.07% 6.89% 6.61% ★★★★★☆ Iljin DiamondLtd 2.55% -3.23% 0.91% ★★★★☆☆ Shenzhen Leaguer 63.12% 1.96% -16.52% ★★★★☆☆ Click here to see the full list of 2611 stocks from our Asian Undiscovered Gems With Strong Fundamentals screener. Below we spotlight a couple of our favorites from our exclusive screener. Kyung Dong Navien Simply Wall St Value Rating: ★★★★★★ Overview: Kyung Dong Navien Co., Ltd. is a South Korean company specializing in the manufacturing and sale of machinery and heat combustion equipment, with a market capitalization of ₩1.26 trillion. Operations: Kyung Dong Navien generates revenue primarily from its air conditioning manufacturing and sale segment, which contributed approximately ₩1.40 billion. Kyung Dong Navien, a notable player in the heating solutions sector, is trading at 42.5% below its estimated fair value, presenting an attractive opportunity. The company has demonstrated robust growth with earnings surging by 56.3% over the past year, outpacing the building industry's -17.6%. Its net debt to equity ratio stands at a satisfactory 10.2%, having improved from 44.2% five years ago to 28.9%. Despite high non-cash earnings impacting free cash flow positivity, interest payments are well covered by EBIT at a multiple of 28.5x, suggesting financial stability and potential for future growth in this competitive space. Delve into the full analysis health report here for a deeper understanding of Kyung Dong Navien. Explore historical data to track Kyung Dong Navien's performance over time in our Past section. Uju Holding Simply Wall St Value Rating: ★★★★★☆ Overview: Uju Holding Limited is an investment holding company that offers digital marketing services and live-streaming e-commerce in the People's Republic of China, with a market capitalization of HK$4.33 billion. Operations: The company generates revenue primarily from its All-In-One Online Marketing Solutions Services, totaling CN¥9.15 billion. Uju Holding, a smaller player in the market, has been making waves with its recent executive changes and strategic acquisitions. The company's debt to equity ratio impressively decreased from 239.9% to 33.2% over five years, showcasing financial discipline. Earnings growth of 3.7% outpaced the media industry's average of 2.2%, highlighting competitive strength despite earnings declining by an annual rate of 15.9% over five years. Recent board appointments bring seasoned leadership with Mr. Cheng Yu and Ms. Ma Xiaoxia at the helm, potentially steering Uju towards greater digitalization efforts as seen in their past ventures like Shanghai Zhishuqifei Software Co., Ltd. Click here to discover the nuances of Uju Holding with our detailed analytical health report. Assess Uju Holding's past performance with our detailed historical performance reports. UOB-Kay Hian Holdings Simply Wall St Value Rating: ★★★★☆☆ Overview: UOB-Kay Hian Holdings Limited is an investment holding company that offers services including stockbroking, futures broking, structured lending, investment trading, margin financing, and nominee and research services with a market capitalization of approximately SGD2.43 billion. Operations: The primary revenue stream for UOB-Kay Hian Holdings comes from securities and futures broking and related services, generating approximately SGD631.69 million. UOB-Kay Hian Holdings, a notable player in the financial sector, has shown resilience with its debt to equity ratio dropping from 75% to 43.8% over five years. The company's price-to-earnings ratio at 10.8x is attractive compared to the Singapore market average of 13.4x, suggesting potential value for investors. Despite earnings growth of 31.6% in the past year, it trailed behind the industry benchmark of 41.3%. Recent board changes include Ms. Chan Lay Hoon's appointment as an Independent Director on July 1, enhancing governance with her extensive experience and professional qualifications in accountancy from Singapore's Institute of Chartered Accountants. Take a closer look at UOB-Kay Hian Holdings' potential here in our health report. Gain insights into UOB-Kay Hian Holdings' historical performance by reviewing our past performance report. Turning Ideas Into Actions Investigate our full lineup of 2611 Asian Undiscovered Gems With Strong Fundamentals right here. Have a stake in these businesses? Integrate your holdings into Simply Wall St's portfolio for notifications and detailed stock reports. Simply Wall St is a revolutionary app designed for long-term stock investors, it's free and covers every market in the world. Contemplating Other Strategies? Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include KOSE:A009450 SEHK:1948 and SGX:U10. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@

Investors are cheering Trump's 'massive' trade deal with Japan
Investors are cheering Trump's 'massive' trade deal with Japan

Yahoo

time25 minutes ago

  • Yahoo

Investors are cheering Trump's 'massive' trade deal with Japan

Stocks popped on Wednesday on news of a trade deal between the US and Japan. Trump said Japan will invest $550 billion in the US, and tariffs on goods from Japan will be lowered to 15%. Markets are also focused on the start of mega-cap tech earnings, with Tesla and Alphabet due to report. Investors are getting some relief from trade war jitters. President Donald Trump announced on Tuesday that the US reached a trade deal with Japan, posting on Truth Social that the US would receive a $550 billion investment from Japan. Tariffs on goods from Japan will be lowered to 15%, down from 25% Trump threatened earlier this month. Stocks jumped on the news, with the Dow rising over 200 points at the open. Share of Japanese automakers spiked in trading in Tokyo, with Toyota up 14% and Honda rising 12%. "News of the long-awaited US-Japan trade deal represents a milestone in the president's trade jigsaw, reinforcing the perception that the White House is open to compromise," Michał Jóźwiak, analyst at Ebury said Wednesday. Here's where US indexes stood at 10 a.m. ET on Wednesday: S&P 500: 6,323.68, up 0.22% Dow Jones Industrial Average: 44,677.35, up 0.39% (+171.91 points) Nasdaq composite: 20,897.83, up 0.03% The response clearly indicates that investors are eager to see more trade deals get done. Trump has framed the Japan deal as beneficial to both countries, describing it as "a great deal for everybody." The deal comes after Trump had accused Japan of being "spoiled" and made it seem as though no deal would be reached. For investors, this may be reassuring, as it implies he is open to compromising. With stocks cruising at record highs, optimism has risen about the prospects that tariffs won't severely impact the US economy. Experts from HSBC Global have speculated this week that tariff-driven inflation could compromise growth, but the positive response to Trump's deal with Japan suggests that trade-related anxieties may continue to ease as more countries reach a deal. "We estimate that the US's effective tariff rate on Japanese products is around 17%, in line with our baseline assumption," said Oxford Economics' Director of Japan economics Shigeto Nagai and lead Japan economist Norihiro Yamaguchi. The economists added, "Lower tariffs on autos are a positive, given the sector's significant contribution to the economy and its broad domestic supporting base," noting that the trade deal has been well received in Japan. European stock indexes reacted positively to news of the Japan trade deal, with investors hoping that Trump and the EU soon come to an agreement that avoids a damaging trade war. "This bullishness comes as traders responded to news of the US-Japan tariff deal, and as President Trump hinted that a deal with the European Union was next on his 'to-do' list," said Trade Nation senior market economist David Morrison. Read the original article on Business Insider Erreur lors de la récupération des données Connectez-vous pour accéder à votre portefeuille Erreur lors de la récupération des données Erreur lors de la récupération des données Erreur lors de la récupération des données Erreur lors de la récupération des données

Nvidia supplier SK Hynix Q2 profit rises 69%, meets forecasts
Nvidia supplier SK Hynix Q2 profit rises 69%, meets forecasts

Yahoo

time25 minutes ago

  • Yahoo

Nvidia supplier SK Hynix Q2 profit rises 69%, meets forecasts

SEOUL (Reuters) -South Korea's SK Hynix posted on Thursday a record quarterly profit, driven by strong demand for advanced chips used in generative artificial intelligence chipsets and as some customers stockpiled semiconductors ahead of potential U.S. tariffs. The Nvidia supplier reported a 9.2 trillion won ($6.69 billion) operating profit for the April-June period versus 5.5 trillion won a year earlier. That compared with a 9.0 trillion won average forecast by LSEG SmartEstimate, which is weighted toward analysts who are more consistently accurate. ($1 = 1,374.5800 won)

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store