Bitcoin wallet startup Zebpay is in talks to secure Series-A funding of $4-5 million and expects to close the investment by next month. The company is in talks with several Indian investors and that a US-based venture capital fund, which focuses on blockchain technology, has also evinced interest. This will be the second investment the company will have closed this year.
Food-tech start-up Holachef is in talks to raise $6 million in its latest round of venture capital fundraising, led by existing investor Kalaari Capital. The funding will be utilized to strengthen operations in the existing cities while also enabling it to expand to newer ones. Mumbai-based Holachef, which was launched in 2014, delivers home-cooked food to customers. The startup has a presence in Mumbai, Navi Mumbai and Pune.
Education technology startup JobSenz has been selected for FbStart, the earlystage, mobile-focused startup programme launched last year by Facebook, as it continues to woo the country’s startup ecosystem, a critical market for the technology behemoth. As part of the prestigious programme, JobSenz has received about $40,000 (about Rs 27 lakh) as credits and services from Facebook and its partners, and will also receive mentoring from the Menlo Park-headquartered company’s engineering teams.
India Life Sciences Fund II, which focuses on growth capital in the Indian healthcare sector, has invested INR 40 Crore for a ‘significant minority’ stake in Oasis Centre for Reproductive Medicine, a Hyderabad-headquartered leading chain of in-vitro fertilisation (IVF) centres.
Inventus Capital Partners, an early-stage investment firm has hit the road to raise its third venture capital fund. The Bengaluru and Silicon Valley-based firm is targeting $150-million corpus for the new fund. Inventus joins venture capital firms Accel India, IDG Ventures India and Ventureast that are currently on the road.