Funding alert: Tech startups that raked in moolah this month
The Tech Panda takes a look at recent funding events in the tech ecosystem, seeking to know where the cash is flowing.
Startup: Flexprice
Sector: Open-Source Usage Billing
Amount: US$1.5M
Led by: Shastra VC
Flexprice, the open-source usage billing infrastructure built for AI-native and API-first enterprises, announced a $1.5M seed funding round led by Shastra VC, co-led by Anupam Mittal founder of People Group and one of India’s most prominent entrepreneurs and TDV Partners, who doubled down on their initial investment in the company.
“In our conversations with AI companies, one theme came up repeatedly: traditional billing systems are breaking under new AI business models. Software pricing is rapidly shifting from seat-based subscriptions to usage-based and increasingly outcome-based pricing, creating a level of complexity most existing infrastructure wasn’t designed to handle. What stood out about Flexprice was the strength of the engineering vision – an open-source, real-time billing platform purpose-built...
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