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Health-tech startup SeeDoc raises funding from YourNest, others

July 5, 2016

Gurgaon based SeeDoc, which offers patients video consultation with doctors, has raised around $1 million (around Rs 6.7 crore) in its pre-Series A round of funding led by early stage venture fund YourNest . The app claims to have more than six lakh users and processes roughly 500 video consultations daily.

Read more - http://www.vccircle.com/news/technology/2016/07/05/exclusive-health-tech-startup-seedoc-raises-funding-yournest-others

Myntra parent Flipkart front-runner to buy Jabong

July 5, 2016

Flipkart, the parent of lifestyle e-tailer Myntra, is emerging as the front-runner to acquire rival fashion portal Jabong. Jabong currently commands 25% market share in online fashion retailing, while Myntra holds around 35% market share and the parent Flipkart has around 10% share. If Jabong rolls into its fold, Flipkart and its subsidiaries together will hold around 70% of the online apparel sales.

Read more - http://www.vccircle.com/news/technology/2016/07/04/myntra-parent-flipkart-front-runner-buy-jabong

1mg Technologies acquires diagnostic labs aggregator Medd

July 5, 2016

Online healthcare start-up 1mg Technologies Pvt. Ltd has acquired diagnostic labs aggregator Medd (HolaMed Healthcare Technologies Pvt. Ltd) in a move aimed at boosting its diagnostic footprint. It has also roped in Ankur Gigras, a former marketing head for gastroenterology at healthcare firm Abbott India Ltd, to oversee the diagnostics business.

Read more - http://www.livemint.com/Companies/lHSM19uhBcwpR0tsrOKotO/1mg-Technologies-acquires-diagnostic-labs-aggregator-Medd.html

Customised furniture platform Stitchwood raises $200K from angel investors

July 5, 2016

Stitchwood, an online customised furniture store, has raised $200,000 (around Rs 1.3 crore) in its third round of funding from Deepak Gupta, co-founder, Equity Crest and a bunch of unnamed angel investors. The funding will be utilized for operations, marketing initiatives and enhancing customer experience.

Read more - http://www.vccircle.com/news/technology/2016/07/04/exclusive-customised-furniture-platform-stitchwood-gets-200k-angel

Healthcare startup Curefit raises $15 Million

July 5, 2016

Healthcare startup Curefit Healthcare Pvt Ltd, the joint venture of former Flipkart executives Ankit Nagori and Mukesh Bansal, has raised $15 million (around Rs 100.8 crore) in a Series A round of funding from Accel Partners, IDG Ventures and Kalaari Capital. The funding will be utilized for product development and enhancing the technology backbone of the venture.

Read more - http://www.vccircle.com/news/technology/2016/07/04/exclusive-ankit-nagori-and-mukesh-bansals-curefit-raises-15-mn-accel-idg

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