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Hair extensions exporter Indus B2C Global raises $375K seed funding

October 10, 2016

Indus B2C Global Pvt Ltd, a Delhi-based startup that offers hair extensions brand LeModish, has raised $375K in a seed round from a UK-based angel investor. The funding will be utilized to increase workforce at the company’s international hubs in US, UK, France

Read more - http://www.dealstreetasia.com/stories/exclusive-hair-extensions-b2b-startup-indus-b2c-global-secures-375k-seed-funding-55007/

Office supplies e-com startup Zoffio sold to Chinese firm

October 7, 2016

Online office supplies startup Zoffio founded by the scions of the Kamani family that owns the luxury hospitality brand Zuri Group Global, has been sold to a Chinese firm for an undisclosed amount after operating for nearly three years. Founded in May 2013, the vertical B2B e-commerce platform offered stationery, paper products, office machines, digital products like printers and laptops, travel accessories, office utilities, corporate gifts, and customized products to SMEs and corporates. It had warehouses in Bangalore, Delhi and Mumbai.

Read more - http://techcircle.vccircle.com/2016/10/06/exclusive-office-supplies-e-com-startup-zoffio-sold-to-chinese-firm/

Sports education platform KOOH Sports raises $ 2.2 Million funding

October 7, 2016

Sports education platform KOOH Sports has raised INR 14 Crore in a follow-on round from its existing investors. HDFC, Elevate Sports and the promoter group participated in this round.The funding will be utilized to expand into international markets, enhance product innovations and increase working capital to meet high growth needs.

Read more - http://economictimes.indiatimes.com/articleshow/54729258.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

Data analytics startup Realbox raises funds from Hyderabad Angels

October 6, 2016

Realbox Data Analytics Pvt Ltd has raised $300,000 (Rs 2 crore) in its pre-Series A round of investment from Hyderabad Angels. Realbox Data Analytics uses business intelligence and predictive analysis tools to help offline businesses increase revenues and decrease risk. Their signature product, Pulse, provides decision- makers business summaries and key performance metrics on their mobile devices in real time, helping them remain agile and in control of their businesses.

Read more - http://techcircle.vccircle.com/2016/10/06/exclusive-data-analytics-startup-realbox-raises-funds-from-hyderabad-angels/

Sumpoorna Group invests in sports tech startup Sportido

October 6, 2016

Noida-based sporting app Sportido, operated by IDO Sport Pvt Ltd, has raised an undisclosed amount of funding from Sumpoorna Group, an investment advisory syndicate that operates across verticals such as retail, domestic and foreign institutional investors. Founded in August 2015 Sportido focuses on creating a hyper-local ecosystem for sports and fitness enthusiasts.

Read more - http://www.vccircle.com/news/technology/2016/10/06/sumpoorna-group-invests-sports-tech-startup-sportido

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