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Drone maker ideaForge raises funding from Infosys

December 15, 2016

Infosys Ltd, India’s second-largest software services exporter has invested in homegrown drone maker ideaForge Technology Pvt Ltd. The investment was made from the Innovation Fund in a stock-exchange filing. ideaForge has built Unmanned Aerial Vehicles (UAV) that have been widely deployed by the Indian armed forces for surveillance, crowd monitoring and rescue operations.

Read more - http://www.vccircle.com/news/technology/2016/12/14/infosys-backs-homegrown-drone-maker-ideaforge

Traveltech startup Qacco raises $150K in Angel Funding

December 14, 2016

Gurgaon-based travel-tech company, Qacco Hospitality Pvt Ltd, has raised $150,000 in an angel round led by Lead Angels Network (LAN). The funding will be utilized to develop Qacco’s technology and team.

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

FitMeIn raises pre-Series A funding from Japan’s FiNC

December 14, 2016

FitMeIn, which provides users access to fitness studios and gyms on a subsidized monthly package, has raised an undisclosed amount from Japanese digital healthcare company FiNC in pre-Series A round. The startup is an online platform that offers multi-studio membership to premium fitness workout destinations in New Delhi and Mumbai.

Read more - http://techstory.in/fitmein-funding-131216/

Ad tech company Mogae Media acquires Ngage from Nimbuzz

December 14, 2016

Ad tech company Mogae Media, has acquired Ngage, the ad tech platform of Nimbuzz, in an all-stock deal valued at INR 40 crore. Ngage is a cross device ad platform and counts most large agencies like Group M, OMD, IPG and others as its clients.

Read more - http://economictimes.indiatimes.com/articleshow/55972486.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

Real-time cardiac monitoring company ten3T raises INR 1.65 Crore from pi Ventures,others

December 14, 2016

Real-time cardiac monitoring company ten3T has raised funding from angel funds including pi Ventures to beta test its first device. Ten3T, founded by a team of physicians and biomedical engineers, builds wearable medical devices that collect and integrate medical data in real time.

Read more - http://economictimes.indiatimes.com/articleshow/55973104.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

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