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Your OwnROOM, a Bengaluru-based start-up that helps students and working professionals to find residential place, has raised $1.3 million in seed round of funding. The investment was led by US-based Lotus Capital, along with a bunch of other angel investors. Here's all about their fund-raise.

University of Warwick spin-out Verdel Instruments has raised seed funding of over £230,000 from Longwall Ventures and British public innovation agency Innovate UK to develop a new two-dimensional mass spectrometry (2DMS) technology.

Innovation Pavilion is evolving strucutured programs to connect Enterpreneurs with Angels or VC firms with diverse funding sources ranging from seed to growth capital..

Applied XL, a firm based in New York specializing in developing algorithms to assist businesses with real-time data tracking, revealed today that it had raised $3.5 million in seed funding.

BeamUP, an Israeli firm that creates digital twins for enterprise building management, has raised USD 15 million in seed funding.

In 2003 Rana Kapoor grabbed the opportunity to display his financial foresight and founded Yes Bank. His magnetism captured the public eye for a long time. Known for his meteoric rise and entrepreneurial success, let us get to know the man behind this enterprise who singlehandedly turned this brand new bank into the 4th largest private sector bank in India in a matter of a little over a decade. Birth of A Passion Born to a middle class family in Delhi, Kapoor had big dreams as a child. He often shared his dreams of starting his own company with his grandfather, who had immense trust in the young grandson's dreams. After graduating from Shri Ram College of Commerce in New Delhi in 1977, he went off to USA to fulfill his dreams. He enrolled for MBA at Rutgers University in New Jersey. It was this stint that got him deeply inspired to pursue a banking career. He wanted to create something big, in this model, back in India. But before that he needed some more experience. Thus, upon the completion of MBA, he began his banking career as a management trainee in the Bank of America (BoA). With a deep passion for banking, Rana Kapoor's career flourished in 1980 at Bank of America (BoA), as he rose the ranks. His stance of taking intuitive risks, which brought him success every time, was highly commended by his employers. In 1990, he was awarded the coveted Eagle Pin by the chairman of the bank. With such a promising career trajectory, soon he became the head of their wholesale banking business as well as several high stakes assignments in various countries of Asia. However, all that success was not enough for him, as he had bigger dreams, of starting his own venture. After nearly a two-decade-long flourishing corporate career, Kapoor was resolved to embark on his own venture. He wanted to create something that he could call his own. He kept yearning for creative independence and even came up with an interesting business plan to create a non-banking finance company with f