Cybersecurity start-up Kratikal Tech Pvt Ltd has raised approx $500,000 seed funding from former director of Microsoft India Praveen Dubey, along with Amajit Gupta, former managing director Juniper Networks India and JP Bhatt, chief executive of ImpactQA. The funding will be utilized for product development and building training modules.
Hipcouch, an online B2B furniture solutions startup founded by Indian School of Business (ISB) alumni Parikshat Hemrajani and Pankaj Poddar has raised around $700,000 in angel funding from a clutch of individuals that includes founders of public limited companies and fund managers. Hipcouch connects designers of customised furniture to established and verified vendors who manufacture the furniture based on an order from the designer.
Marquee venture capital investor Nexus Venture Partners has led a INR 26-crore round of funding in Bengaluru-based ZoloStays Property Solutions, which owns and operates managed accommodation platform Zolo. The series-A round also includes a venture debt component of Rs 4.5 crore, extended by venture debt firm InnoVen Capital. The funding will be utilized to reach over 12,000 beds, up from our current 5,000 beds, and expand to Chennai and the National Capital Region by the end of this year.