CureBay raises 100 crore rupees in Pre-Series C round led by IvyCap Ventures

North.cloud has successfully raised $60 million in a Series B funding round. These funds will be used to develop the company's financial operating system, which covers cloud services, artificial intelligence, and data handling.

Investors participating in this round include Peak Span Capital, Liquidity Ventures, Companyon Ventures, Alpaca, Uncommon Denominator, Gaingels, and Mana Ventures. The secured capital will allow for increased investment in product development, as well as ensuring a higher degree of automation and adding new integrations.

North enables enterprises to reduce infrastructure costs across all leading cloud service providers and modern data platforms, including Microsoft Azure, Google Cloud, and AWS. The company aims to replace fragmented processes related to various pricing models, usage requirements, and reporting tools inherent in each system (whether it is cloud infrastructure, a data model, or a service).

Thanks to the North platform, clients have saved over $400 million against total managed cloud spending, which approaches two billion dollars. Among the company's clients are AssemblyAI, Atlan, Tines, SnapLogic, Emplifi, and Imply. The platform addresses a growing problem for finance and engineering departments.

Traditionally, teams often use spreadsheets and separate dashboards to understand infrastructure costs, which consumes significant time without automatically eliminating costly inefficiencies. North combines cost analytics with automated optimization, helping businesses identify waste, manage cloud commitments, and increase computing value. This approach provides finance and engineering teams with a unified view of infrastructure economics.

The latest funding followed the release of North v3, which expanded support to Microsoft Azure, thus completing support for three major hyperscalers. Furthermore, native integrations with OpenAI, Anthropic, and Snowflake were implemented, and the Autobot automatic commitment scaling mechanism was enhanced.

Artificial intelligence is creating new challenges in business financial management. The increasing use of models adds an extra layer of complexity to existing cloud service and data expenditures. North is expanding its platform to help companies manage these interconnected costs.

TokenFlow's offering integrates model usage, attribution, budgeting, and financial control into a single system. Businesses can use these features alongside existing cloud infrastructure management, reflecting the growing overlap between AI and traditional infrastructure costs.

North believes that effective cost management requires more than just dashboards for companies. Automated systems can help teams detect changes, improve resource allocation, and leverage optimization capabilities, which can reduce manual workload as AI adoption accelerates.

AssemblyAI reported an effective savings rate of about 50% through its work with North. The company noted that its coverage expanded in parallel with infrastructure growth, allowing the team to focus on customer-centric development.

North plans to reinvest the Series B funds into increasing the number of integrations and strengthening autonomous optimization. Funds will also be invested in additional AI cost management tools and new personnel hiring. These investments will help North realize its vision of fully automating the infrastructure cost lifecycle.

The company demonstrates a customer retention rate of 98.8% and reports over $400 million saved by its clients. North's current clientele includes several large technology companies, and the company believes its results can be leveraged to target other cost categories. As AI plays an increasingly vital role in software development, infrastructure costs are becoming less separate from the product and the business it supports. North is building a platform designed to help such enterprises manage these expenses without stifling innovation.

The design-led lifestyle-tech brand DailyObjects successfully raised 332 crore rupees in its Series C funding round. The leaders of this round were Xponentia Capital Partners, Anicut Capital, and Axiom Asia Private Capital.

This funding round comprised a combination of primary and secondary transactions, which boosted DailyObjects' valuation to 1,050 crore rupees. The company announced that Roots Ventures, one of the early investors, is partially exiting the project, realizing an 18x return on investment, while retaining its shareholder status alongside 360 One Asset and Trifecta Capital.

The company was founded in 2012 by Pankaj Garg and Saurav Adlakha. The raised funds are planned to be used for expanding retail presence, deepening product and R&D capabilities, strengthening the brand, and exploring opportunities for international market entry.

Over the next five years, the company intends to open 150 exclusive flagship stores across India. The main focus will be on building a profitable physical retail network, improving the product discovery process, and bringing the brand closer to consumers in key regions.

Pankaj Garg, co-founder and CEO of DailyObjects, stated: 'Over the years, we have built DailyObjects, remaining steadfastly focused on design, product quality, and disciplined capital deployment. As we scale, capital efficiency and profitable growth will remain at the core of our development approach.'

Furthermore, DailyObjects plans to strengthen its presence in existing product categories through investments in new product lines, design, materials, quality, and research and development. The company is considering opportunities for expansion into foreign markets, as its broader goal is to build a global consumer brand rooted in Indian design.

P Srinivas, Managing Partner at Xponentia Capital Partners, commented: 'DailyObjects has created a distinctive brand in a market where products were traditionally functional but not inspiring, and competition primarily focused on cost. What impressed us most was Pankaj and Saurav's commitment to delighting customers with both superior design and functional quality.'