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Hexagon Nutrition raises Series A funding from Somerset Indus Capital

December 9, 2016

Mumbai-based pharmaceutical company Hexagon Nutrition Pvt Ltd has raised an undisclosed amount in Series A growth capital round from Somerset Indus Capital Partners. The funding will be utilized to grow its branded consumer business segment globally.

Read more - http://www.dealstreetasia.com/stories/hexagon-nutrition-raises-series-a-funding-from-somerset-indus-capital-60143/

Paytm founder Vijay Shekhar Sharma raises INR 325 Crore by selling 1% stake

December 9, 2016

Digital payments and commerce platform Paytm’s founder and CEO Vijay Shekhar Sharma has sold 1% of his holding in One97 Communications to raise about INR 325 crore. This money will be pumped into the group’s proposed payments bank.

Read more - http://economictimes.indiatimes.com/articleshow/55886819.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

Spacetech startup Astrome raises funding from former Nokia executive

December 9, 2016

Space technology company Astrome Technologies Pvt Ltd, is in talks to raise a pre-Series A round of funding from a clutch of investors in the next couple of weeks. Angel investor Ajith Sukumaran, who is leading the investment, has already committed a portion of the funds in this round.

Read more - http://www.vccircle.com/news/technology/2016/12/08/exclusive-former-nokia-executive-backs-spacetech-startup-astrome

Automobile servicing platform GoMechanic raises funding from Venture Catalysts

December 9, 2016

Automobile servicing platform GoMechanic, run by Targetone Innovations Pvt Ltd, has raised $250,000 in funding from seed investment and innovation platform Venture Catalysts. The funding will be utilized to build the tech infrastructure and expand the team.

Read more - http://www.vccircle.com/news/technology/2016/12/08/exclusive-venture-catalysts-backs-automobile-servicing-platform

Healthtech startup NeuroEquilibrium Diagnostics raises funding from Unicorn India Ventures

December 8, 2016

Jaipur-based healthtech startup NeuroEquilibrium Diagnostics Systems Pvt Ltd, a super-speciality healthcare chain of vertigo and balance disorders clinics, has raised $250K in Pre-Series A round of funding. The investment is led by Unicorn India Ventures, a Mumbai-based VC with INR 100 Cr fund corpus.

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

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