VC Fund Investments
HR-tech startup Upraised raises Rs.25-L led by Pontaq VC
Upraised, a Bengaluru-headquartered HR-tech startup, has raised INR 25 lakh in a funding round led by India- and UK-based Pontaq VC. This funding was facilitated through the Next Generation Incubation Scheme by the Software Technology Park of India (NGIS-STPI). The startup intends to use the fresh capital to foray into the US and UK markets, enhance technological infrastructure, hire talent, and intensify marketing efforts. Upraised's machine learning algorithm ensures that candidates are matched to projects that align with their strengths.
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