Mumbai-based deal discovery startup NearU has raised an undisclosed amount in funding from Goutam Challagalla, a professor of marketing at business school IMD, Switzerland. Founded in June 2015 by Rao, NearU is a location-based mobile app for deal discovery. The startup follows an online-to-offline model connecting users to outlets.
nhance, a personalized mobile learning platform for professionals in emerging markets, has raised seed funding of $300K earlier this year from education entrepreneur and investor, Mohan Lakhamraju. Launched in 2015, nhance’s mission is to bridge the delivery gap between content platforms and learners by making learning easy, engaging and effective. nhance does this through its proprietary mobile learning platform, which transforms learning content into games and delivers interactive, bite-‐sized experiences to users’ on their smartphones.
Read more - https://inc42.com/startups/nhance-seed-funding/
FullContact, a US-based contact management platform for professionals and enterprises, has acquired Profoundis, which is based at Infosys’ co-founder Kris Gopalakrishnan-backed Startup Village in Kochi, Kerala. Profoundis provides technology-enabled human verified data research platforms. FullContact’s purchase of Profoundis follows $25 million in new funding, which the company will use to accelerate its growth, recruit global talent and fund further acquisitions.
Kishore Biyani-led Future Group is in early discussions with Aditya Birla Retail (ABRL) to buy or merge the latter’s More supermarket business to consolidate its leadership in the brick-and-mortar retail sector and to build a large network of stores that could be leveraged in alliance with ecommerce companies for multi-channel sale of food and groceries.
New Delhi based edtech platform Notesgen has recently raised $100K angel funding from Riju Gupta, CEO of JuiceUp and other angel investors (Kamal Chhabra). Launched in November 2014 th global peer-to-peer student notes exchange marketplace has active users in 118 countries.
Read more - https://inc42.com/flash-feed/notesgen-funding/