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Hyderabad-based Nettlinx raises $3 Million from strategic investors

October 4, 2016

Internet service provider company Nettlinx has reportedly secured $3 Million (INR 20 Cr) in funding from Netherlands-based EXchange Investors NV and Dubai-based TransGlobal FZC. Following the transaction, the two investing entities have acquired share warrants in the company on a preferential basis and will now work in conjunction with the Hyderabad-based Nettlinx.

Read more - https://inc42.com/flash-feed/nettlinx-raises-3-mn/

Ratan Tata invests in virtual fitness coaching platform GOQii

October 4, 2016

Ratan Tata, chairman emeritus of Tata Sons Ltd, has invested an undisclosed amount in virtual fitness coaching platform GOQii, US-headquartered with offices in Mumbai and China. Founded in 2013 GOQii provides wearable agnostic app, guidance from global experts, coaching counsel and the ability to support a cause that matter.

Read more - http://www.financialexpress.com/industry/companies/ratan-tata-invests-in-start-up-goqii-quantum-of-funding-undisclosed/404236/

Shopping and savings discover app Scandid raises pre-Series A funding from 3One4 Capital, others

October 4, 2016

Pune-based shopping and savings discovery app Scandid has secured an undisclosed amount in a Pre-Series A funding round led by Mohandas Pai’s fund, 3One4 Capital. The funding will be utilized to accelerate user acquisition, engagement and monetisation in the next 6-9 months. Also, a part of the money will be infused in expanding the current 30- member team.

Read more - https://inc42.com/flash-feed/scandid-funding/

Mobile protection startup AppsDaily raises $3.75m from founders,others

October 4, 2016

Mumbai-based mobile protection and security firm AppsDaily Solutions Pvt Ltd has raised  INR 25 crore  from founders and existing investors. The funding will be utilized to finance growth plans.

Read more - http://www.dealstreetasia.com/stories/appsdaily-raises-3-75-million-from-founders-others-54610/

Payments startup Remitr raises $ 1 Million funding

October 4, 2016

Cross-border payments platform Remitr has raised $1 Million as Seed funding from Paytm’s Vijay Shekhar Sharma. Other investors too participated in this round. The funding will be utilized for for product development and expansion into other countries.

Read more - http://economictimes.indiatimes.com/small-biz/money/remitr-gets-1m-in-seed-funding/articleshow/54668857.cms

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