New Delhi-based Pickrr Technologies Pvt Ltd, which runs on-demand logistics platform Pickrr, has raised an undisclosed amount in pre-Series A funding from Hong Kong-based investment firm Swastika Company Ltd with participation from other HNI investors. The funding will be utilized to fine-tune the back-end technology.
Rajasthan-based non-banking financial company Kogta Financial India Ltd (KFL) has raised funding from IIFL Seed Ventures Fund I. The funding will be utilized to accelerate growth and increase market presence in the lending space. Incorporated in 1996, KFL mainly operates in the states of Rajasthan, Gujarat and Maharashtra. It is primarily engaged in used and new vehicle financing including commercial vehicles, multi utility vehicles, cars, agriculture-based vehicles, etc. apart from financing of loan against property and personal loans.