Ride-sharing app Lyft has acquired Pune-based startup FinitePaths for an undisclosed valuation. Following the acquisition, the app built by FinitePaths will be shut down and the cofounders will join the Lyft team.
Amishi Consumer Technologies Pvt Ltd, which runs pregnancy and baby care products firm The Moms Co, has raised an undisclosed amount in seed funding from co-founder of food startup Fingerlix and beverages firm PaperBoat Shripad Nadkarni, Nestle executive Nandu Nandkishore, and senior partners from McKinsey. It will use the funds for consumer research, brand-building, team expansion, inventory management, and to partner with e-tailers like Flipkart and Amazon.
Bangalore-headquartered Haqdarshak Empowerment Solutions Pvt Ltd, a tech-enabled social enterprise, has raised close to $191,000 in angel funding from a clutch of investors, including WonderChef managing director Ravi Saxena and former Infosys executive Sandeep Raju. Besides, for its pre-Series A funding round, the startup has secured in-principle commitment from three social impact investors to raise as much as $2 million.
Gurgaon-based Le Travenues Technology Pvt Ltd, which runs online travel search engine ixigo, has raised $15 million (about INR 100 crore) in a Series B funding round led by Sequoia Capital. The funds will be used largely on product and tech enhancement, and growth.
Former Karnataka Chief Minister HD Kumaraswamy plans to invest up to INR 50 crore in new mobile-based cab-hailing venture, HDK Cabs. Kumaraswamy would make an initial investment of INR 2- 3 crore, which could go up to INR 50 crore in the next two years.