Bengaluru-based tech firm Happiest Minds Technologies has acquired specialised IoT(internet of things) services company Cupola Technology for an undisclosed amount. Founded in 2011 Cupola’s 100-memeber team will join Happiest Minds.
Mumbai-based Book My Diamond Pvt Ltd, which buys loose diamonds from manufacturers and sells them to jewellers via an app, has raised an undisclosed amount in its maiden funding round from three individual investors. Book My Diamond allows jewellery retailers to search its live inventory of loose, certified diamonds and buy them.
Social Worth Technologies Pvt Ltd, which runs online lending platform EarlySalary, has raised $4 million (INR 26 crore) in its Series A funding from IDG Ventures India and mortgage lender Dewan Housing Finance Corp. The startup, which offers salary advances and loans to young working professionals, will use the capital to build products and increase its lending book.
Bengaluru-based artificial intelligence (AI) startup Niki has raised fresh funds from a foreign investor.
Mumbai-based ION Energy, an energy storage startup, has received an undisclosed amount of angel funding from a clutch of investors. ION Energy specialises in creating a layer of infrastructure to enable the adoption of electric vehicles in India.