Ashok Trivedi, co-founder of Igate has floated the Trivedi Family Office, which will have a corpus of over $500 million that will be infused into a diversified portfolio where a large portion of the funds will be used in early-stage tech companies.
Delhi based software company Wixty Inc has acquired Kingr, a dating app designed for Brazil based Christians for $150K in an all cash deal. Kingr was launched in December 2015 with an aim to unite the Christians all across Brazil through real time interactions between them through this dating platform.
E-commerce startup 10i Commerce Services Pvt Ltd has raised $5 million more in investment from Infosys co-founder Nandan Nilekani. Founded in 2014 the company runs an app called ShopX, which helps retailers sell online and build a customer base.
EcoCentric Management Pvt Ltd (ECMPL), a Mumbai-based e-waste management firm, has raised its first round of growth capital from a couple of high net worth individuals (HNIs). The funding will be utilized to increase capacity and expand its reach pan-India.