Bengaluru-based HyperKonnect Technolgies Pvt Ltd, which owns shopping app ShopsUp, has raised seed funding of $1 million from two individual investors. The investors who participated in this round of funding include Yang Shu, former president and Southeast Asia CEO of Huawei Technologies Co. Ltd and VRL Logistics Ltd’s managing director and promoter Anand Sankeshwar. The app lets shoppers search online and shop offline from nearby areas. It also shows various deals available at neighbourhood stores and pushes notifications according to users’ search patterns.
Math Buddy, a Vadodara-based online math learning startup, has raised an undisclosed amount of seed investment from Menterra Social Impact Fund. The funding will be utlized to expand to low-income schools in India and strengthen teacher engagement and training.
Affordplan, a Delhi-based fintech startup that makes healthcare services accessible through planned savings for non-emergency treatments, raised $3 million (Rs 20 crore) in Series A round from venture capital firms Prime Venture Partners and Kalaari Capital. The funding will be utilized to expand to three other cities and build the team.