Bengaluru-based B2B SaaS-based performance support startup Whatfix has raised INR 24 crore in Series A funding led by Stellaris Venture Partners with participation from existing VC investors Helion Venture Partners and Powerhouse Ventures. Marquee Angels Gokul Rajaram, Girish Mathrubootham, Aneesh Reddy, and Vispi Daver also participated in the round.
Bengaluru-based Quicko Technosoft Labs Pvt Ltd, that helps companies create interactive text bubbles and ‘how-to’ guides on websites and apps through its product Whatfix, has raised INR 24 crore in series A funding led by Stellaris Venture Partners. The funding will be utilized for research and development and marketing the product in overseas markets, especially the US.
Enterprise IoT solutions startup Tyre Express Pvt Ltd has raised an additional amount in seed funding from an angel investor. The company is working on IoT-based solutions for vehicle diagnostics.
Mumbai-based Jhakaas Technologies Pvt Ltd, which runs the Jhakaas app that aggregates local offline businesses, has raised INR 1 crore (around $154,000) in seed funding from a clutch of investors. The funding will be utilized to develop the technology platform and boost merchant awareness.
Aeries Financial Technologies Pvt Ltd, which operates personal loan app CASHe, has raised INR 25 crore in Series A funding led by Mathew Cyriac, former India co-head of private equity at Blackstone Group LP. CASHe disburses short-term personal loans of INR 5,000-1 lakh to young professionals based on their earning potential and social quotient.