Freshdesk, the cloud-based customer support platform that is also backed by Google Capital and Accel Partners, has got an offer from a US-based strategic investor for purchasing a stake at a valuation of more than $500 million. As of now, there is no term sheet or any advanced discussions.
Mumbai-based Manash Lifestyle Pvt. Ltd, which operates beauty products and services marketplace Purplle.com, has secured funding from investors led by JSW Ventures. The funding will be utilized to strengthen technology to enable content-driven beauty discovery, create deeper salon integration and expand supply to include exclusive brands and own labels.
Gurgaon-based car tracking telematics solutions startup, Trak N Tell, has raised an undisclosed sum of funding from a group of investors, led by WhatsApp cofounder Brian Acton. Investors are believed to have pumped in about $3.5 million (Rs 23.3 crore) in the funding round.
Metis Eduventures Pvt. Ltd, which operates test preparation centres under the Career Power brand, has raised its first external round of funding from a Pune-based venture capital firm.
IIM Ahmedabad’s Centre for Innovation Incubation and Entrepreneurship (CIIE) is poised to move forward with a new $150 million Bharat Innovations Fund. The fund will be larger with focus on sectors like healthcare, agriculture and energy.