Mumbai-based Traveljunkie Solutions Pvt Ltd, which runs travel-tech startup Ithaka, has raised $325,000 in seed funding from a clutch of angel investors based in the US, Singapore and India. Ithaka will use the funds to build a personal, chat-based travel planning experience and forge overseas partnerships.
Byju’s, the company that runs one of India’s most popular edtech apps, has attracted a $30 million investment from Brussels-based family-run investment holding company Verlinvest. The newly garnered capital will be used for international expansion and acquisitions.
Delhi-based mobile handset maker Intex Technologies has launched a $25-30 million (INR 150-200 crore) fund to invest in early-stage technology startups. The fund will invest in startups operating in areas that are a strategic fit for Intex, such as electronics, apps, mobile phones, human resources and sports.
Online meat service startup Licious has secured $10 million in Series-B funding from a clutch of investors including existing backer Mayfield India and Mohandas Pai’s 3one4 Capital. The company will use the funds for expansion in other cities like Hyderabad and Delhi-NCR region and introduction of gourmet meats.
Sandeep Aggarwal, the founder of Droom and ShopClues, is seeking to establish himself as an entrepreneur-investor with a family office as well as a corpus nearly seven times his startup investments last year. Aggarwal has earmarked INR 20 crore for personal investments in nine-twelve startups this year.