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.
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.
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.
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.
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.