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Bengaluru-based FloCareer raises $150K in seed funding

September 8, 2016

Bengaluru-based skills validation platform FloCareer has raised $150,000 in seed funding from a clutch of angel investors including Balasubramanian Krishnamurthy, former VP-Engineering of SAP and US-based technology evangelist Sidhartha Hazarika. The funding will be utilized to strengthen its platform, while also marketing itself to job seekers and companies.

Read more - http://www.business-standard.com/article/companies/bengaluru-based-flocareer-raises-150-000-in-seed-funding-116090701069_1.html

Healthcare startup AlternaCare raises $500K in seed funding

September 8, 2016

Healthcare platform AlternaCare has raised $500,000 in seed funding from Eros Labs. The funding will be utilized for product development, strengthening the team, branding within their relevant target audience, and geographic expansion.

Read more - https://yourstory.com/2016/09/alternacare-seed-funding/

Online classifieds portal Quikr acquires vehicle servicing platform Stepni

September 8, 2016

Online classifieds platform Quikr, has acquired Stepni, a platform that connects vehicle owners with service providers nearest to them. Under the terms of the acquisition Stepni’s founders and team will join QuikrCars with immediate effect and the platform will be integrated with QuikrCars. The acquisition is aimed at strengthening Quikr’s service offerings under QuikrCars, its vertical that focuses on all types of automobiles including cars, bikes and commercial vehicles.

Read more - http://www.dealstreetasia.com/stories/52714-52714/

GrowthStory-backed health-tech startup Grow Fit acquires Drink King

September 8, 2016

Grow Fit, a health-tech startup run by Bangalore-based Healthzone Organic Foods Pvt Ltd, has acquired health-focused beverage manufacturing startup Drink King. With this acquisition, Grow Fit will start providing expert health advice, customised diet plans, therapeutic & functional foods, and nutritional beverages.

Read more - http://www.dealstreetasia.com/stories/india-growthstory-backed-health-tech-startup-grow-fit-acquires-drink-king-52734/

Shopclues to invest INR 1 Crore across 4 startups

September 8, 2016

Online marketplace ShopClues, which entered the unicorn club in January this year, will invest a total of INR 1 crore across four startups.This collaboration also entails assistance in operations, technology and strategic partnerships that ShopClues intends to provide to these startups.

Read more - http://tech.economictimes.indiatimes.com/news/startups/shopclues-to-invest-rs-1-crore-across-4-startups/54161112

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