Mahindra Univeg has invested in Mera Kisan, an e-commerce startup, which sources fresh vegetables and fruits directly from farmers and sells it to the customer. Mahindra Univeg is a 60:40 joint venture between Mahindra Group’s Mahindra Agri Solutions and Belgium-based Univeg (Greenyard Foods).
Cybage cofounder Deepak Nathani has invested an undisclosed amount in vehicle maintenance startup Demyto for a 20% stake in the company. Demyto, or deal with my auto, was set up in 2015 in Pune and offers car servicing, as well as allied products like tyres and spares along with insurance services through its Web-based platform.
Bengaluru-based Bitcoin startup, Unocoin has raised approx INR 10 Crore in a funding round from Blume Ventures, Mumbai Angels and ah! Ventures along with international investors such as Digital Currency Group, Boost VC, Bnk to the Future and FundersClub. The funding will be utilized for product development, team expansion and geographical expansion.
IvyCamp and Zhucloud have entered into a partnership to provide Chinese investors access to Indian startups.IvyCamp is a unified technology-based platform for innovation and entrepreneurship, is an initiative of IvyCap Ventures. Zhucloud is an initiative of Incapital.
Social networking platform for writers Kalaage has received funding from Rajasthan Angel Innovators Network. The funding will be utilized to enhance its technology and collaborations with publications and writing communities. It will also be used to expand its marketing and operations in the South Asian market and enter the North American market as well.