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Recent News

Online travel marketplace TripShelf raises $250K funding

July 14, 2016

Online travel marketplace TripShelf has raised pre-Series A round of funding worth $250,000 from Delhi-based GEMS Group, an early-stage sector agnostic fund. The funding will be utilized to establish traction with the customer and travel operator community.

Read more - http://thetechportal.com/2016/07/14/tripshelf-nabs-250k-pre-series-round-gems-group/

Furniture rental startup CityFurnish raises seed funding

July 14, 2016

Gurgaon-based furniture rental startup, CityFurnish has raised an undisclosed amount of seed funding from Brand Capital, the investment arm of conglomerate, Bennett Coleman and Co. Ltd. (Times Group). Existing investor Manoj Gupta, Director, Credit Suisse also participated in this round. The startup currently operates in Gurgaon, Delhi and Bangalore, and plans to launch its services in Pune this month. It also seeks to increase its footprint in Mumbai, Hyderabad and Chennai.

Read more - https://inc42.com/flash-feed/times-groups-brand-capital-invests-furniture-rental-startup-cityfurnish/

Auto-rickshaw aggregator Jugnoo ties up with Trainman

July 14, 2016

Auto-rickshaw aggregator Jugnoo has partnered with Trainman, an online platform assisting Indian Railway travellers, to enable passengers to book three-wheelers to and from their respective railway stations.The service will be available to users of Trainman mobile app in 35 cities where Jugnoo is currently operational.

Read more - http://www.business-standard.com/article/pti-stories/auto-rickshaw-aggregator-jugnoo-ties-up-with-trainman-116071300771_1.html

Home appliances and furniture rental marketplace RentoMojo raises $5 Million funding

July 14, 2016

Bangalore-based Edunetwork Pvt Ltd, which operates home appliances and furniture rental marketplace RentoMojo, has raised about Rs 33.5 crore ($5 million) from existing investors including Accel Partners and IDG Ventures India. The startup claims to have about 4,500 subscribers on its platform and is targeting 1-1.5 lakh subscribers in the next 18 months.

Read more - http://www.vccircle.com/news/technology/2016/07/13/exclusive-idg-accel-invest-afresh-furniture-rental-startup-rentomojo

e-tailoring service provider Urban Tailor raises funding from Unitus Seed Fund

July 13, 2016

Early-stage investor Unitus Seed Fund has invested an undisclosed amount in Bangalore based e-tailoring service provider Urban Tailor. B.S. Nagesh, former MD of Shoppers Stop, also participated in the round. The platform plans to expand to three more cities by the end of this year.

Read more - http://www.dealstreetasia.com/stories/india-dealbook-48-47286/

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