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Nasdaq plans venture arm to back fintech firms

February 13, 2017

Exchange operator Nasdaq Inc plans to set up a venture capital arm to invest in financial technology companies that can help grow its own businesses. Nasdaq is best known for running stock exchanges around the globe, but it is also one of the largest providers of technology to other exchanges and companies involved with trading.

Read more - http://www.vccircle.com/news/finance/2017/02/10/nasdaq-plans-venture-arm-back-fintech-firms

Auto services startup GoBumpr raises funding from Chennai Angels, others

February 13, 2017

Northerly Automotive Solutions Pvt Ltd, which runs and operates automobile services platform GoBumpr, has raised $300,000 (INR 2 Crore) in a round led by The Chennai Angels. The funding will be utilized to expand to other cities and boost technology platform.

Read more - http://www.vccircle.com/news/technology/2017/02/10/chennai-angels-leads-funding-auto-services-startup-gobumpr

Travel startup Wandertrails raises $1 Million funding from UK’s Earlsfield Capital

February 10, 2017

Bengaluru based travel startup Wandertrails has raised $1 million seed funding from UK-based Earlsfield Capital, a venture capital firm based in UK. The funding will be utilised for expanding its operations across India and build products.

Read more - https://inc42.com/buzz/wandertrails-1mn-seed/

Ganesh Natarajan invests in Zeve Capsol

February 10, 2017

Ganesh Natarajan, chairman of 5F World has invested in Zeve Capsol, the company that operates the 1Crowd platform in his personal capacity. Following this, Natarajan joins the board of Zeve Capsol, which is working to create an ecosystem for startups and investors. It currently has assets under management worth INR 20 crore.

Read more - http://economictimes.indiatimes.com/articleshow/57054955.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

Foodtech startup 48East raises $500K in Pre Series A funding

February 10, 2017

Bengaluru-based foodtech startup 48East, has raised $500K in Pre Series A funding from UAE-based Al Dhaheri family. The funding will be utilized for setting up new kitchens, enhancing logistics, ramping up technology and marketing.

Read more - https://inc42.com/flash-feed/48east-500k-preseriesa/

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