Realbox Data Analytics Pvt Ltd has raised $300,000 (Rs 2 crore) in its pre-Series A round of investment from Hyderabad Angels. Realbox Data Analytics uses business intelligence and predictive analysis tools to help offline businesses increase revenues and decrease risk. Their signature product, Pulse, provides decision- makers business summaries and key performance metrics on their mobile devices in real time, helping them remain agile and in control of their businesses.
Noida-based sporting app Sportido, operated by IDO Sport Pvt Ltd, has raised an undisclosed amount of funding from Sumpoorna Group, an investment advisory syndicate that operates across verticals such as retail, domestic and foreign institutional investors. Founded in August 2015 Sportido focuses on creating a hyper-local ecosystem for sports and fitness enthusiasts.
Bangalore-based GoZefo, an e-commerce portal marketplace for second hand and factory seconds goods run by Zero Effort Technologies Pvt Ltd has raised $ 1 Million in funding led by Helion Venture Partners. GoZefo currently operates in Bangalore, Mysore, Delhi-NCR and Mumbai and allows users to buy and sell second hand and factory seconds furniture and appliances. The company currently deals with televisions, refrigerators, washing machines and microwaves under the appliances category. In the furniture category, it offers sofas, dining tables etc.
Chennai-based online pharmacy Netmeds is in late-stage discussions to acquire on-demand medicine and healthcare products delivery service Pluss in an all-stock deal, with the merged entity looking to potentially take on market leader 1mg.
Online puja booking service Muhurtmaza has raised an undisclosed amount of seed funding from a US based HNI investor. The funding will be utilized for scaling up and promotional activities.