Gurgaon-based Paradime Technologies Pvt Ltd, which runs cash-flow management startup numberz, has raised seed funding of $650,000 from investors Kae Capital and Khosla Impact. The startup helps small and medium enterprises (SMEs) to manage their cash flow better including services like invoice management and expense management.
Germany-headquartered Yunus Social Business Global has launched a new fund, Yunus Social Business Fund Bengaluru (YSBFB), to invest in enterprises that provide business solutions to bring about significant social transformation. The fund will focus on sectors like education, healthcare, housing and agriculture. It will back 4-5 social business companies in the first year.
WorkIndia, a job portal for blue-collar workers, has raised an undisclosed amount in investment from Japanese venture capital investor Asuka Holdings. Launched in 2015 , WorkIndia helps in the placement of delivery boys, office assistants, field sales executives, tele-callers and counter sales people in companies. It has 60,000 monthly active users.
Private equity fund Quarizon has invested INR 1 Crore in early-stage funding of Pictor Imaging Pvt Ltd, a product photography start-up. The funding will be utilized for strengthening technology, team size and for business development.
Marquee healthcare investor OrbiMed is finalising about $40-million investment in Kolkata-based Suraksha Diagnostics, which operates a chain specialising in pathology and radiology services across the national capital region (NCR), Bihar and West Bengal. The funding will be utilized to expand the laboratory network and invest in equipment and the tech backbone.