Koovs plc, a Delhi- and UK-based fashion etailer has raised funding from existing investors including Ruffer, Coller Capital and others. It raised a strategic investment of about $4.8 Mn from the Times of India Group and a further $8.7 Million investment by new and existing shareholders. The funding will be utilized to expand product range and invest in infrastructure like technology and innovation.
Gurugram-based travel portal and travel concierge app, Trip Tap Toe has raised fresh capital in exchange of 26% stake for an undisclosed amount. R.S Sharma, former Chairman and Managing Director of Oil and Natural Gas Corporation (ONGC) invested through his son Nayan Parashar, Director at Trip Tap Toe.The funding will be utilized to expand sales team, initiate new marketing initiatives, invest in the mobile & web technology platform, and hire talent in the industry.
Tpot, a Delhi-based foodtech startup focused on serving the ‘chai-nashta’ segment, has raised an undisclosed amount in Pre-Series A funding. The investment was led by principal investor at Tpot, Ashish Gupta, Founder & Trustee of Ashoka University and Ex-co-founder & COO of Evalueserve. Tpot currently has 21 outlets across Delhi/ NCR. The funding will be utilized to add 19 more outlets by the year end and reach up to 200 by March 2018 at various corporate offices, metro stations and hospitals.
vClusive, an omni-channel marketplace for luxury brands, has raised funding in a round led by venture capital firm Hunch Ventures. A clutch of angel investors also took part in the round. The funding will be utilized for technology development, marketing and branding campaigns.
LawRato, a Delhi-based legal tech startup, has raised an undisclosed amount in its pre Series A round of funding from Indian Angel Network (IAN). The funding round was led by IAN co-founder Alok Mittal. As a part of the investment, IAN members VP Rajesh and Srikant Sastri will join the company’s board.