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Ummeed Housing Finance raises $5.6 Million in Series B funding

May 22, 2017

Ummeed Housing Finance Pvt Ltd has raised Series B funding of INR 36 crore from existing investors Lok Capital Growth Fund and Duane Park. The fresh round of investment will help the company expand in new locations in northern and central India. It will also invest in social, mobile, analytics and cloud technologies and aims to grow its AUM six times to INR 120 crore by March 2018.

Read more - https://www.vccircle.com/ummeed-housing-finance-raises-5-6-mn-in-series-b-funding/

Realty-tech startup Zipgrid raises $500K from JLL, 1Crowd

May 22, 2017

Zipgrid, a startup that provides technology and knowledge services to housing and commercial communities, has raised $500,000 in a pre-Series A round of funding from property consultancy firm Jones Lang LaSalle (JLL) and existing investor 1Crowd, a crowdfunding platform. The funding will be utilized to upgrade technology infrastructure and operations.

Read more - https://www.vccircle.com/realty-tech-startup-zipgrid-raises-500k-from-jll-1crowd/

Travel-tech startup Travelspice raises seed round

May 22, 2017

Travel e-commerce platform Travelspice has raised an undisclosed amount in seed funding from Bangalore-based early-stage investor Eagle10 Ventures. The funding will be utilized for marketing and product development.

Read more - https://www.vccircle.com/travel-tech-startup-travelspice-raises-seed-round/

Sotheby’s Indian arm RealPro Realty raises $7m from BCCL, HNIs

May 22, 2017

RealPro Realty Solutions Pvt Ltd, an Indian arm of luxury real estate advisory services provider Sotheby’s International Realty, has raised $7 million from Brand Capital and some undisclosed high-net-worth individuals (HNIs). Post this capital infusion, the company aims to open more offices, expand its team size and set up more India Desks in US, Singapore and Canada in order to achieve its long term business goals

Read more - https://www.dealstreetasia.com/stories/india-realpro-realty-solutions-raises-7m-bccl-hnis-73084/

This logistics startup gets a INR 200-crore Delhivery from Fosun

May 22, 2017

Logistics venture Delhivery has received $30 million (about INR 200 crore) in funding from Chinese conglomerate Fosun International as part of a larger equity financing round that also saw the participation from bulge bracket buyout specialist The Carlyle Group. The funding values the six-year-old company at about $650 million.

Read more - http://economictimes.indiatimes.com/small-biz/money/this-logistics-startup-gets-a-rs-200-crore-delhivery-from-fosun/articleshow/58783111.cms

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