Early-stage financial backing has been secured by Stan, Metaforms, Arivihan, Snooplay, and Heizen
Funding Boost for Indian Startups: Metaforms, STAN, Arivihan, and Heizen
In a series of recent funding rounds, several Indian startups have secured significant investments to fuel their growth and innovation.
Metaforms Secures $9 Million in Series A
Metaforms, an AI-based platform for market research agencies, has raised $9 million in a Series A round led by Peak XV Partners. Nexus Venture Partners and Together Fund also participated in the funding. Since launching commercially just six months ago, Metaforms has signed four of the top 20 research agencies globally, including Dynata, Savanta, Strat7, and Borderless Access. The company's AI-based platform helps research teams improve their work output across survey programming, data processing, bidding management, and voice research. With the new funds, Metaforms plans to triple its Bengaluru-based engineering and AI research teams and aggressively hire in India.
STAN Raises $8.5 Million
STAN, a gaming startup, has raised $8.5 million in a funding round led by Bandai Namco Entertainment Inc, Square Enix, Reazon Holdings, Google's AI Futures Fund, Aptos Labs, General Catalyst, GFR Fund, T-Accelerate Capital, and PixCapital. The funds will be used to expand STAN's presence in India and other markets, invest in AI-led personalizations and creator tooling, and launch new integrations for publishers and partners. STAN aims to enhance its platform with AI-driven personalization, advanced creator tools, and deeper publisher tooling to strengthen its position as India’s mobile-first social gaming platform for Gen Z gamers.
Arivihan Secures $4.17 Million
Arivihan, an AI-based tutoring platform, has raised $4.17 million in a Pre-Series A funding round led by Prosus, Accel, and GSF Investors. The funds will be used to expand into three new states, grow AI research and language support capabilities, and scale on-ground marketing and distribution strategy.
Heizen Collects $500,000
Heizen, an AI-native software delivery startup, has collected $500,000 in a pre-seed funding round led by Titan Capital and angel investors. Heizen will use the funding to scale its engineering team in India, expand customer acquisition in the US, and develop its proprietary multi-agent software delivery platform.
Snooplay Raises Rs 8 Crore
Snooplay, a toy marketplace, has raised Rs 8 crore in its extended Pre-Series A round, led by Pravek Family Office, with participation from angel investors. The company plans to use the fund to launch two proprietary tech products, fund the launch of new tech products across India, and build a Toy Intelligence Database.
Background
Aanchal Mahajan and Brij Raj Singh founded Snooplay in 2019. Ritesh Singh Chandel, Sonu Kumar, and Rushabh Kothari founded Arivihan in 2024. Heizen was founded by Aman Arora, Abhilasha Singh, and Nijansh Verma in April 2024. Varun Alagh and Abhishek Goyal are angel investors in Heizen. Peak XV Partners and Nexus Venture Partners participated in Metaforms' Series A round, but are not mentioned in the provided context for Arivihan, Snooplay, or Heizen.
As these startups continue to grow and innovate, they are poised to make significant contributions to the Indian tech industry.
- The influx of investments in Indian startups, such as Metaforms, STAN, Arivihan, and Heizen, indicates a growing interest in AI-driven platforms and technologies.
- With the recent funding, these startups are expanding their teams and capabilities in India, demonstrating a commitment to contributing to the country's technology sector.
