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Lyft acquires Pune-based startup FinitePaths

March 23, 2017

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.

Read more - http://economictimes.indiatimes.com/articleshow/57784506.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

Pregnancy & baby care products startup The Moms Co. raises seed round

March 23, 2017

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.

Read more - https://www.vccircle.com/exclusive-pregnancy-baby-care-products-startup-the-moms-co-raises-seed-round/

Social startup Haqdarshak raises angel funding, $2 Million commitment

March 23, 2017

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.

Read more - https://www.vccircle.com/exclusive-social-startup-haqdarshak-secures-angel-funding-2-mn-commitment/

Sequoia, Fosun invest $15 Million in travel marketplace ixigo

March 23, 2017

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.

Read more - https://www.vccircle.com/sequoia-fosun-invest-15-mn-in-travel-marketplace-ixigo/

Former Karnataka CM to back cab aggregator HDK Cabs

March 22, 2017

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.

Read more - http://auto.economictimes.indiatimes.com/news/aftermarket/former-karnataka-cm-hd-kumaraswamy-puts-his-money-on-cab-app-hdk-cabs/57744902

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