Beyond Odd Technologies deploys raised funds in High-end Content & Brand extension

By Team Startupcity  |  Tuesday, 23 April 2024, 11:50 IST

Beyond Odd Technologies deploys raised funds in High-end Content & Brand extension
Ex- Oyo & Unacademy senior leader Vivek Sinha has as of late divulged his most recent start-up, Beyond Odd Technologies, with a significant $11 million seed funding. The funding cycle, a blend of equity and debt, was led by Matrix Partners India and Lightspeed, displaying critical financial backer trust in Sinha's vision. 
Sinha outlined the strategic allocation of resources in the early stages of Beyond Odds Technologies as the company's founder and CEO. 
Sinha indicated significant investment and effort dedicated to the development of high-quality content, highlighting its paramount significance. Additionally, shaping the collaborations with bosses and employees & founding physical centres furnished with simulation and hardware labs comprised key areas of concentration. 
Beyond Odd Technologies plans to change the enlistment and training scene for grey-collar occupations across different areas, including medical care, training, education, development, construction & hospitality. Sinha explained the organization's underlying accentuation on the medical services area because of the glaring lack of skilled experts, both locally and universally.
Expressing to this, the Founder & CEO of Vivek Sinha, Beyond Odd Technologies says, "While the sector has a lot of player existing players, it remains largely unorganised. Today, India is seen as a 'tablet destination' not as a destination for high-quality talent, or, let's say excellence, that is what we are trying to chain through this platform. There's a lot of scope for an organised player to come and deliver value through training excellence. Once we have developed the model in healthcare, we will deploy capital in other sectors,"
Parallel to this, the AI cloud and platform-as-a-service startup Neysa has raised $20 million in its initial round of funding. This funding, which was led by Nexus Venture Partners, Matrix Partners India, and NTTVC, demonstrates Neysa's potential in the growing AI-cloud market. Neysa's Founder and Chief executive officer, Sharad Sanghi, described how the funds would primarily be used to expand engineering and development resources and implement cloud platform infrastructure. 
The cutting-edge Generative AI cloud platform-as-a-service and observability solutions offered by Neysa are well positioned to serve markets in India and around the world. 

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