Latest news with #AnanthVanchi
Entrepreneur
5 days ago
- Business
- Entrepreneur
CodeKarma, MangoPoint, and NPrep Raise Early-Stage Funding
The below brands have announced their latest funding rounds. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Developer Productivity Startup CodeKarma Raises USD 2.5 Mn Round CodeKarma has raised USD 2.5 million in a pre-seed funding round led by Prosus, Accel, and Xeed Ventures. SenseAI Ventures and Stargazer Ventures also participated in the round. The funds will be used for global expansion, development of AI-native infrastructure, and strategic hiring. Founded by Ananth Vanchi in 2025, CodeKarma offers a software productivity platform that integrates real-time production insights into development workflows. Its key features help developers and AI systems identify risks, eliminate unused code, and enhance software quality through a continuous feedback mechanism. The platform is particularly relevant for sectors such as e-commerce, fintech, and logistics, where fast-paced deployments and large codebases require deeper visibility and intelligent automation. "Our mission is to redefine how software evolves, not after deployment but as it is being built," said Ananth Vanchi. "This funding is a strong validation of our vision and will help us expand globally, attract top talent, and continue innovating across enterprise environments." Tech advisor Utkarsh noted that CodeKarma reflects the future of intelligent software systems shaped by collaboration between developers and AI agents. He said it was a product born to meet the needs of the AI era. CodeKarma aims to become the definitive platform for autonomous software intelligence, enabling systems to self-monitor, self-optimise, and self-correct in real time. MangoPoint Raises USD 1 Mn from IPV Chennai-based agritech exporter MangoPoint has raised USD 1 million in a pre-Series A funding round led by Inflection Point Ventures. The round also saw participation from The Chennai Angels, Native Angel Network, Keiretsu Forum India, Fondation Botnar, IIM-CAN, Metis Family Office, and JITO Incubation and Innovation Foundation. The funds will be used to expand infrastructure, enter new markets, enhance backend operations, and broaden product offerings. Manjula Gandhi Rooban, Founder and Managing Director of MangoPoint, said the funding will drive scalability and support innovation across the mango value chain. "This investment enables us to move beyond fresh mango exports into processed mango-based ingredients, strengthening our position as a leader in the sector," she said. MangoPoint was founded in 2018 by Manjula Gandhi Rooban and Prasanna Venkatarathnam. The startup exports chemical-free, single-origin mangoes and processed mango products, primarily to markets in North America and Europe. It currently manages over 2,000 metric tonnes of mangoes annually and plans to scale up to 20,000 metric tonnes. With FDA clearance and recognition from APEDA and NPPO, MangoPoint operates certified packhouses for international shipments. Its offerings cater to industries including food, cosmetics, and pharmaceuticals. The company aims to build a comprehensive mango ecosystem that integrates quality sourcing, export compliance, and value-added processing for global customers. All In Capital Leads Investment in AI Nursing Startup NPrep NPrep, an AI-powered nursing education startup, has raised an undisclosed amount in a pre-seed funding round led by All In Capital. IIMA Ventures, Chegg founder Aayush Phumbhra, and various family offices and angel investors also participated. The funds will be used to expand course offerings, enhance its AI-driven learning platform, support regional language learning, and deepen placement partnerships with hospitals and healthcare institutions across India. "Our vision is to empower every nurse, regardless of background, with the skills and confidence to advance their careers and improve patient care," said Dr Prince Kaushik, Co-founder and CEO. NPrep was founded in 2024 by AIIMS Jodhpur alumni Dr Prince Kaushik, Dr Utkarsh Paliwal, and Dr Gourav, along with AI expert Shrey Gupta. The startup provides a learning and placement platform designed to improve nursing education through personalised, adaptive training paths. It offers clinical scenario simulations, mock interviews, automated assessments, and resume-building tools aimed at increasing job readiness. Currently reaching over 2 million learners each month, NPrep has grown its user base to 40,000 students in the past six months. With India facing a critical nursing shortage, the startup aims to bridge gaps in education and employability. Future plans include expanding placement services across India and into international markets in the coming years.
Economic Times
7 days ago
- Business
- Economic Times
Software productivity platform CodeKarma raises $2.5 million from Prosus, Accel, others
ETtech CodeKarma, a software productivity platform, has raised $2.5 million in its maiden funding round led by Dutch investment firm Prosus, Silicon Valley-based venture capital (VC) firm Accel and Xeed Ventures (formerly known as 021 Capital). The company is currently valued at $10 round also saw participation from SenseAI Ventures and Stargazer Ventures. CodeKarma founder and chief executive Ananth Vanchi told ET that the company plans to use the funds to accelerate product development and innovation, expand into markets like the US, and hire new talent. The funding comes amid the rise of artificial intelligence (AI) tools that are reshaping the coding process.'Although technology was advancing a fundamental issue remained unresolved and this was a significant pain point for almost every developer engineering manager and product manager which was understanding how their product was actually functioning for the end customer,' Vanchi said. Founded in 2024, the software productivity platform enables human developers as well as AI systems by bringing real-time production insights directly into the development workflow. It helps developers in identifying hidden risks, eliminating unused code, and shipping better software faster. 'Every enterprise that has been around for at least five to six years and gone through significant product and people churn, is a clear target for our product. We natively integrate with every AI coding tool available because, as we speak, more and more code is being written by AI than by humans,' he said. The Bengaluru-based startup operates across various sectors, including ecommerce, fintech and logistics, charging enterprises based on how many microservices they use on its platform.'At least 40% of a developer's time goes into figuring out how systems are functioning, rather than improving them. CodeKarma's insights help teams understand how things are working, so they can build software better,' Vanchi added. Commenting on the investment Dhruv Gupta, investor, Prosus said, 'As AI accelerates software creation, the cost of unmanaged complexity, especially tech debt, will rise sharply. CodeKarma addresses this challenge by creating a persistent relay between production and development.''By integrating with most AI-IDEs like Cursor or Copilot to create the bridge between dev time and run time for debugging & refactoring, and especially excelling at large code bases, their platform positions them to become a critical infrastructure layer for all engineering teams,' said Subrata Mitra, partner, Accel. Last month, vision AI mobile app testing platform Drizz raised $2.7 million in its maiden funding round, which was led by early-stage venture capital firm Stellaris Venture Partners. Elevate your knowledge and leadership skills at a cost cheaper than your daily tea. Berlin to Bharuch: The Borosil journey after the China hit in Europe FIIs are exiting while retail investors stay put. Will a costly market make them pay? BlackRock returns, this time with Ambani. Will it be lucky second time? Paid less than plumbers? The real story of freshers' salaries at Infy, TCS. Stock Radar: Down 27% from highs! Hero MotoCorp stock shows signs of momentum after breaking out from 11-week consolidation For those prepared for the long game: 5 mid-cap stocks from different sectors with an upside potential of 14 to 33% in one year Financial services: Time to look at a new set for the next cycle? 5 stocks from the financial services space with upside potential of up to 37% These 8 banking stocks can give more than 29% returns in 1 year, according to analysts
