Mumbai-based PICKmE e-Solutions India Pvt Ltd has raised INR 12 crore from SIDBI Venture Capital Fund. Founded in February 2011 PickMe had started off as an incidental services platform, which would offer doorstep repair services for all handheld gadgets, including mobile phones, cameras, watches, cam recorders, laptops, MP3 players, tablets and data cards.
Couponhaat, a Delhi-based e-commerce company which provides best coupons and deals for online shoppers, has raised an undisclosed sum in its pre-Series A round from a private European Investor Axel Wawrina. Started in 2015, Couponhaat helps online shoppers in discovering the best deals from the e-commerce brands and it works on both B2C and B2B segments.
Infibeam Incorporation Ltd, India’s first listed e-commerce entity has signed memorandum of understanding (MOU) to acquire DRC Systems Pvt Ltd through its wholly owned subsidiary NSI Infinium Global Pvt Ltd. DRC Systems provides cloud ERP (enterprise resource planning) solutions and develops customized software for e-commerce applications.
Jaipur-based ed-tech startup Nactus India Services Pvt Ltd has raised an undisclosed amount from a group of angel investors. The funding will be utilized to strengthen product platform and business development, and expand services to more cities.
Emojifi, an app that provides live emoji, sticker and graphics interchange format (GIF) suggestions based on the typed words across chat platforms, has raised angel funding from two Hyderabad-based unnamed angel investors. The funding will be utilized for marketing and enhancing the product.