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Logistics tech startup FreightBro gets angel funding

May 16, 2018

Logistics technology company FreightBro has raised a seed round of funding from angel investor Suresh Kumar and former Global CIO of Bank of New York Mellon.

Read more - https://www.dealstreetasia.com/stories/india-digest-261-97897/

IAN leads investment round in gamified learning startup Knudge.me

May 16, 2018

Bengaluru-based gamified learning startup Knudge me has raised an undisclosed sum from Indian Angel Network and Axilor Ventures.

Read more - https://www.vccircle.com/ian-invests-in-gamified-learning-startup-knudge-me/

Swiggy seeks unicorn status, in talks to raise USD 250 million

May 16, 2018

Online food delivery startup Swiggy is looking to raise USD 250 million, from South African technology conglomerate Naspers, Japanese internet conglomerate SoftBank, billionaire investor Yuri Milner’s DST Global, Chinese firms Tencent, Meituan-Dianping and Alibaba.

Read more - https://www.vccircle.com/swiggy-seeks-unicorn-status-in-talks-to-raise-250-mn/

Blockchain-based bob listing startup SpringRole Closes USD 1.3 million private funding

May 15, 2018

SpringRole has closed a USD 1,300,000 private funding from its early investors AlphaBlock Investments, Brock Pierce and Scott Walker’s blockchain investment, consulting firm DNA, Isaac Lee’s BlockWater, and Wavemaker Genesis.

Read more - https://inc42.com/buzz/blockchain-based-job-listing-startup-springrole-closes-1-3-mn-private-funding/

Indian B-school IIMA centre launches USD 25 million fund

May 15, 2018

Indian Institute of Management Ahmedabad’s (IIMA’s) centre for innovation, incubation, and entrepreneurship (CIIE) launched a USD 25 million ‘Bharat Inclusion Initiative’ that will look to mentor and invest in start-ups in the early stage and seed segment over the next three-four years.

Read more - https://www.dealstreetasia.com/stories/iima-centre-unveils-25-million-initiative-to-fund-start-ups-97836/

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