Online grocery delivery company urDoorstep has raised INR 10 crore in a bridge round, with a high net-worth individual investing INR 5 crore and an equal amount coming in as debt from Lakshmi Vilas Bank. The platform sources produce from 9,000 farmers across India, depending on seasonal variations, and serves only Bengaluru at present.
Kolkata-based Savetur Digital Pvt Ltd, which runs logistics app TYGR, has raised a pre-Series A round of funding worth $3 million from Franchise India. TYGR is a platform that tracks and monitors passenger, delivery, logistics and specialty vehicles by integrating Big Data analytics and Internet of Things into logistics.
Live music streaming app Streo has raised seed funding of an undisclosed amount from GEMs Advisory and early-stage VC fund Quarizon. The funding will be utilized to expand into other across Tier I cities in the country.Founded in December 2015, the app gives users access to the latest trends in music real time, so that they don’t need to make or upload a playlist.
Next Education, a Hyderabad-based learning solutions provider for K-12 students, has acqui-hired Gurugram based education technology startup Xolvr. This acqui-hire will add a new element to LearnNext by offering students with a platform to access over 50 tutors.
Healthcare technology company Citius Tech has launched a Healthcare Innovation Fund in collaboration with SINE– IITs Society for Innovation and Entrepreneurship. The final decision on what startups are selected rests with SINE, while Citius Tech executives would step in as mentors as and when needed.