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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

OneAssist Consumer Solutions raises funding from Trifecta Capital

July 5, 2016

OneAssist Consumer Solutions Pvt. Ltd, which provides protection for credit card, smartphones and payment cards in case of loss or theft, has raised an undisclosed amount from venture-debt provider Trifecta Capital. OneAssist offers several products such as WalletAssist, MobileAssist, EverydayAssist and TripAssist and claims to have partnerships with HDFC Bank, ICICI Bank, Axis Bank, Kotak Mahindra Bank and IndusInd Bank for WalletAssist, which provides cover against credit and debit card fraud.

Read more - http://www.vccircle.com/news/technology/2016/07/04/exclusive-oneassist-consumer-solutions-raises-funding-trifecta-capital

Aramex invests in Grab.in and Logisure to bridge last-mile delivery

July 4, 2016

Global logistics service provider Aramex has invested in last mile mobile-based companies Grab.in and Logisure to strengthen its last-mile delivery service in the ecommerce segment in India.

Read more - http://economictimes.indiatimes.com/articleshow/53037828.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

WeddingWishlist raises funding from Facebook India MD

July 4, 2016

WeddingWishlist, a portal that allows users to give and receive wedding gifts, has raised Rs 2 crore from investors such as Facebook India Managing Director Kirthiga Reddy, Multiples Equity founder Renuka Ramanath and CherryTin, among others. The company also has plans to raise the next set of funding later this year.

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