Bengaluru-based Datasigns Technologies Pvt Ltd, a mobile first financial technology start-up, has raised an undisclosed amount in angel funding led by Sanjai Vohra, former managing director of JP Morgan and UBS, and V Bunty Bohra, managing director and India CEO of a large global investment bank. The startup works on behalf of both borrowers and Institutional lenders. Its mobile application “Shubhloans” helps borrowers generate proprietary individual credit score using traditional and secondary data points.
Tech enabled laundry service provider, UClean, has raised an undisclosed amount in seed funding in a round led by franchise and retail solution group, Franchise India.The funding will be utilized to develop UClean into a 500+ laundromats chain over the next five years.
Online classifieds portal Quikr India Pvt Ltd has acquired Bangalore-based home rental marketplace Grabhouse for an undisclosed amount. As part of this deal, Quikr will integrate Grabhouse’s products and technology stack into QuikrHomes while also reaping strong synergies the business has with its other verticals. Post deal, Grabhouse will continue to operate an independent brand for managed rental homes and as part of the overall integration process, its founders, and the entire team will move to the Quikr HQ.
Bengaluru-based predictive sales analytics start-up Vymo has raised $5 million in a series A round of fundraising from the venture capital firm Sequoia India. The funding will be utilized to deepen research and development (R&D) initiatives and expand presence in international markets in regions such as the Middle East and Asia Pacific.
Bats on Delivery, an on-demand food and essential commodities delivery services firm, has raised an angel round of funding from a Delhi-based businessman. The funding will be utilized to set up a centralized kitchen in Gurgaon and several physical take-away outlets in Delhi-NCR. The startup has raised INR 60 Lakh to mainly set up its food delivery business.