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Men’s grooming products maker Beardo raises $500K from Venture Catalysts, others

September 29, 2016

Men’s grooming brand Beardo has raised $500,000 in seed funding from Mumbai-based Venture Catalysts and other investors. The funding will be utilized to expand reach offline and upgrade logistics and infrastructure network.

Read more - http://www.vccircle.com/news/fmcg/2016/09/28/men-s-grooming-products-maker-beardo-raises-500k-venture-catalysts-others

Fintech startup for daily wagers InMotion raises funding from 1Mg founders, others

September 28, 2016

Noida-based fintech company InMotion Media Ventures has received an undisclosed amount in Pre-Series A round of funding, led by online pharmacy 1mg’s founders Prashant Tandon and Gaurav Agarwal. The round is not yet closed and InMotion is looking to raise a total of $225K (INR 1.5 Cr) from other investors. The funding will be utilized for expansion of its network and operations to Tier II and Tier III cities in north India. It will also be used for product development.

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

Virtual health clinic Celes Care raises seed funding from Endiya Partners, others

September 28, 2016

Celes Care, a Hyderabad-based virtual health clinic for women, has received around $1 million  in a seed round of funding from early-stage venture capital firm Endiya Partners and a few affluent individuals. The funding will be utilized for technology enhancement, marketing and brand building.

Read more - http://www.vccircle.com/news/technology/2016/09/28/exclusive-endiya-partners-leads-1-mn-round-healthcare-startup-celes-care

YES Bank launches full service banking proposition for start-ups

September 28, 2016

Private sector lender YES BANK has launched Yes: Head-STARTUP; a full service banking proposition for tech or tech-enabled Start-ups, complemented by a first-of-its-kind privilege program. The program will offer will offer Customized Current Account, Innovative Digital & Cash Management Solutions, Comprehensive Trade-Forex Advisory Services, Dedicated ‘Start-Up’ focused Branches, Personal Banking Products / Credit Cards, Loan Products (Business & Personal) and Useful Alliances / Event Partnerships / Mentorship & Guidance Programmes for startups.

Read more - http://economictimes.indiatimes.com/articleshow/54561835.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

Platform for artists Canvs.in raises funding from former Housing.com marketing chief

September 28, 2016

Canvs, a community for artists and designers in India, has received an undisclosed amount of angel investment from Pratik Seal, former chief marketing officer at Housing. The funding will be utilized to expand its business and grow its community of designers.

Read more - http://techcircle.vccircle.com/2016/09/27/platform-for-artists-canvs-in-gets-funding-from-former-housing-com-marketing-chief/

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