Bangkok-based Indian e-commerce company, Zilingo, has raised $8 million from Venturra Capital, Sequoia India and Susquehanna International Group. The funding will be utilized to capture new markets such as Indonesia and increase presence in Singapore and Thailand by on boarding more sellers.
Designer Anita Dongre and son Yash have partnered with Milind Sarwate, former CFO of Marico and founder of Increate Value Advisors, to invest an undisclosed amount in a startup with a social cause -Social Quotient.Social Quotient is a group of social enterprises in the domain of water, digitisation, social cause marketing, renewable energy, skill development, education, rural development, agriculture and e-governance.
Zybo Tracking Solutions, a start-up incubated in KSIDC’s business incubation centre, has raised foreign equity investment from the Netherlands-based Grasshoppers.The funding will be utilized to develop and market the application – Trackbizz — a cost-effective field force automation system, enabling managers to track their field force and manage their field activities on real time. It will help users with remote attendance, location tracking, expense tracking, task management, order notes, lead lists, work reports, and all other business related information.
Online real estate advisor PropTiger has acqui-hired Mumbai-based start-up PropRates, which is a pioneer in data collation tools and first in the industry who gathers actual real estate transaction data. With this acquisition, PropTiger aims to provide consumers real-time access to actionable price related information on the property market.
Gurgaon-based gaming platform startup Nova Gaming Ventures is in talks with multiple investors to raise $5 million to fund its expansion plans. The company, which had launched its gaming platform NovaPlay in April this year, is now looking to expand into mobile gaming space.