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Recent News

Sports startup Rooter raises seed funding

October 18, 2016

Rooter, a sports social gaming platform, has raised an undisclosed amount of investment from actor, Boman Irani. The seed round also  saw participation from  Dhruv Chitgopekar, partner at Kwan Entertainment, and Prantik Dasgupta, a corporate professional and avid sports enthusiast. The funding will be utilized to strengthen the technology team and create strategic partnerships with various sports platforms, teams, fan clubs and associations,

Read more - http://www.vccircle.com/news/technology/2016/10/17/sports-startup-rooter-gets-seed-funding-boman-irani-others-0

Bike tour operator Enfield Riders raises angel funding

October 18, 2016

Enfield Riders Pvt Ltd, a Mumbai-based startup that conducts motorcycle tours, has raised $500K from a high-net-worth individual, who runs a construction firm in Mumbai. The funding will be utilized to expand fleet of motorcycles and back-up vehicles. The company will also use a part of the capital in to set up an additional office in Bangalore and introduce global positioning system (GPS) and navigation maps.

Read more - http://www.vccircle.com/news/consumer/2016/10/17/exclusive-bike-tour-operator-enfield-riders-raises-angel-funding

Travel insurance and forex marketplace YuMiGo raises $300K in first round of funding

October 18, 2016

YuMiGo, a discovery and transaction platform on web and mobile for foreign exchange and international SIM card services, has raised $300,000 (INR 2 Crore) from businessman Hemant Sahni. Launched in 2015, the startup has also announced the launch of its travel website that helps international travellers while planning and also during the trip.

Read more - http://www.vccircle.com/news/technology/2016/10/17/travel-insurance-and-forex-marketplace-yumigo-raises-first-round-funding

Ronnie Screwvala’s ed-tech startup UpGrad acquihires Pyoopil

October 17, 2016

UpGrad, the online education provider for working professionals, cofounded by well-known entrepreneur Ronnie Screwvala, has acquihired Pyoopil Education Technologies, a mobile-based SaaS (Software-as-a-service) product used by companies to deploy online training programmes. This acquisition will give UpGrad a shot at addressing the large businessto-business (B2B) education needs and will go hand in hand with the already existing flagship B2C offering.

Read more - http://economictimes.indiatimes.com/articleshow/54889970.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

Delhi based Play Your Sport acquires discovery platform Directground

October 17, 2016

Delhi-based sports tech startup, Play Your Sport has acquired sports discovery and booking platform, Directground. Post the acquisition, Directground’s founder and CEO Arun Singh Chauhan will join Play Your Sport as Chief Technology Officer.Founded in November 2015, Directground is a sports discovery and booking platform that helps sports enthusiasts discover and book places to play their favorite sports.

Read more - https://inc42.com/flash-feed/play-sport-acquires-directground/

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