New Delhi, March 11 -- AI-native financial operations platform OpenCFO, fashion startup Confluxe, and learning platform NPrep have raised early-stage funding.
OpenCFO
OpenCFO, an AI-native financial operations platform, has raised $2 million (around Rs 18.3 crore) in its first institutional funding round led by Endiya Partners, with participation from angel investors in the US and India.
Founded by Prudhvi Rao Shedimbi and Sankalp Singayapally, the startup is building an agentic AI financial operating system that unifies accounts payable, receivable and treasury workflows for mid-market companies operating across multiple entities and geographies.
OpenCFO integrates banking systems, ERPs and payment infrastructure into a single platform where AI agents automate finance workflows while maintaining human approvals and audit controls.
The company plans to use the funding to expand its engineering team in the US and India, develop automation tools for finance operations, and scale customer acquisition across key cross-border corridors, including US-India, UK, EU, and Canada.
Confluxe
Former Myntra and AJIO executive Rajesh Narkar and former H&M India executive Louis Coucke have launched Confluxe, a technology-enabled platform designed to help global fashion and lifestyle brands enter and scale in India.
The startup has raised $1.6 million in a pre-seed funding round led by Wavemaker Partners, with participation from Kriscore Capital. The fresh capital will be used to onboard its first brand partnerships, build technology and data infrastructure, and expand the team across brand operations, commerce and growth.
Confluxe aims to act as an operating layer between international brands and the Indian market by integrating market entry strategy, digital commerce, data-led merchandising and localized supply chain execution into a single platform.
NPrep
Lumikaia, a venture capital fund focussed on interactive media and digital platforms, has led a $1.5 million seed funding round in NPrep, an AI-powered, video-first learning platform focused on preparation for nursing entrance exams and global healthcare careers.
The round also saw participation from existing investor All In Capital, along with Velo Partners, DSP Group Family Office and angel investors, including Viren Shetty, executive vice chairman of Narayana Health.
Founded by AIIMS Jodhpur alumni Prince Kaushik, Utkarsh Paliwal and Gourav Khurana, NPrep aims to improve access to structured, personalized preparation for nurses seeking higher-paying roles in government and private healthcare institutions in India and abroad.
The platform offers over 1,400 hours of exam-aligned video content along with AI-powered study plans, curated practice questions and performance tracking. It claims that within 10 months of launch, it has attracted more than 100,000 users, who have consumed over 6 million minutes of video content and answered 31 million questions on the platform.
The company plans to use the funding to strengthen its AI capabilities and expand its reach among nursing candidates.
Published by HT Digital Content Services with permission from VC Circle.