Overcart raises USD 3 mn from JSW Ventures, Omidyar, others Overcart, a startup providing returns management and liquidation services to e-commerce firms has raised USD 3 million (about Rs 20 crore) from JSW Ventures, Omidyar Network, Sattva Capital and Venture Works. The funding will be utilized to invest in hardware and software innovations to diagnose, refurbish and quality check products across more categories and locations. Read More
Metis Eduventures Pvt. Ltd, which operates test preparation centres under the Career Power brand, has raised its first external round of funding from a Pune-based venture capital firm.
IIM Ahmedabad’s Centre for Innovation Incubation and Entrepreneurship (CIIE) is poised to move forward with a new $150 million Bharat Innovations Fund. The fund will be larger with focus on sectors like healthcare, agriculture and energy.
Mumbai-based startup Holachef has raised fresh funding from two of its existing venture capital investors even as food technology as a domain is going through consolidation. The food-tech startup run by Holachef Hospitality Pvt. Ltd that also counts Tata Sons’ chairman emeritus Ratan Tata as an investor, bagged Rs 13 crore ($1.95 million) from Kalaari Capital and India Quotient.