Gurgaon-based food startup Biryani By Kilo, operated by Sky Gate Hospitality Pvt Ltd, has raised angel funding from a clutch of investors. The funding will be utilized to set up new kitchens in Delhi NCR and strengthen technology processes.


Mobile balance management services startup True Balance has closed a INR 100-crore funding round, which was led by SoftBank Ventures Korea, a venture capital arm of the SoftBank Group, and IMM Investment. True Balance is an Android app that allows users to check their mobile call and data balances, without the need for internet connectivity.


Mumbai-based Manna Healthcare Pvt Ltd, the company which runs health & weight loss coaching app Obino, has acquired fitness mobile app startup Fitard for an undisclosed amount. Fitard is a fitness tracking app that rewards users with Fitard Coins, a virtual currency, on completion of targets to keep up their motivation. Fitard claims to have had 10,000 downloads with pan India presence.



Imaginate Technologies, Inc, an augmented reality (AR) and virtual reality (VR) startup, has raised $500,000 in seed investment from venture fund SRI Capital. The funding will be utilized to scale up operations in the US and run pilots with large-scale organisations.