O’2 Nails India, FlexC and SpeEdlabs raise early-stage investments

• ByStartupStory     |    May 18, 2022

O’2 Nails India Raises $75000 From Atal Incubation Centre

O’2 Nails is one of India’s fast-growing consumer and fashion retail startups which specialises in the nail care space has recently raised $75,000 funding from the Atal Incubation Center- BIMTECH under the startup initiative run by the Government of India with some marquee investors. The fund comes in the form of debentures under the scheme of the Seed Fund. 

This fundraise saw interest from other leading angel investors like G Sowmya (Product Head – Google) and Sanjay Vijayvargiya (Partner Mahindra Holiday). Atal Incubation Center – BIMTECH drove the round alongside Parul Aggarwal and other investors. O’2 Nails India will involve these assets for technological progression alongside retail development by expanding its store numbers. 

Aparna Singh, the CEO of O’2 Nails India said that the audience is keen to buy relationships and stories rather than goods or services. Since India is full of festivities and colour there is a wide opportunity to showcase them through nails with a blend of technology and techniques. She also added that after the incubation by Atal Incubation Centre- BIMTECH, the company is confident to change the nail care sector. She further added that the company is delighted with its existing investors. The 2018 established company will soon be adding 10 boutiques and will add up to 50 this year with 90% She power. 

FlexC raises funding from Dr RA Mashelkar and Amey Mashelkar

FlexC also raised undisclosed funding from Dr RA Mashelkar and Amey Mashelkar. It is an AI talent marketplace for employing and managing a hybrid team. Dr Mashlekar has been a former director of India’s leading companies like Tata, Reliance KPIT Technology, Hindustan Unilever, Piramal Group and Mind Tree among others. The company was started in 2020 by Girish Kukrejawith with a vision to create the best talent accessible worldwide. The funds collected will be further utilised to expand its business plans beyond IT and BPO. It also looks forward to investing in technological platforms to have a competitive and inclusive work environment. 

SpeEdlabs also received a funding of Rs 14.31 in its Pre Series A round of funding from Mumbai Angels, a renowned platform for private investments. SpeEdlabs is an AI-based edtech platform. The round also saw the participation of LetsVenture, Ecosystem Ventures and SucSeed Ventures. The company was founded in 2016 by Vivek Varshney. Nandini Varshney, the CEO and co-founder of the startup said that the innovation of the AI-enabled platform has revolutionised the previously unorganised after school tuition market. She also added that this solution will surely benefit students’ learning and fuel future demand for customised coaching.

Vivek Varshney, the Founder of the brand said that since the world is gradually pacing towards a hybrid model of education, so children should have education as per their requirements. SpeEdlabs makes use of data-driven hyper-personalisation, and dynamic adaptive learning with algo-driven automated content management to assist students in achieving their potential. He also added that the company is delighted to have marquee investors backing up our journey.

Follow Startup Story