India and Singapore-based ed-tech startup ConveGenius received funding of Rs 6 crore in an equity investment from the Michael & Susan Dell Foundation, and will use the capital for scaling its operations, aggregating more exciting content providers across various languages, and further strengthening its technology
Mukesh Bansal and Ankit Nagori’s startup CureFit announced that it will be investing $3 million in Bengaluru-based startup CULT and they will own a majority stake in the startup, but CULT will continue to operate independently
Read more - https://yourstory.com/2016/08/curefit-cult/
Car rental company Zoomcar raised $24 million in its Series B round of investment; with the investment round led by Ford Smart Mobility LLC, a subsidiary of Ford Motor Company, along with existing investors Sequoia Capital, Empire Angel and Nokia Growth Partners also participating in the round
Kstart, a start-up accelerator initiative of venture capital firm Kalaari Capital, has invested $100,000 in health-tech company Advenio Technosys Pvt Ltd and $500,000 in rental marketplace GuaRented Rentals Pvt Ltd. Advenio aims to enable improve healthcare outcomes through early detection and management of diseases,while GuaRented is a crowdsourcing marketplace to rent consumer durable products.
Online wedding platform Shaadisaga has raised an undisclosed amount in its pre-series A investment round from Anupam Mittal, Freecharge founders Kunal Shah and Sandeep Tandon, and Dheeraj Jain, partner at UK-based hedge fund Redcliffe Capital. The funding will be utilized for technology enhancement and expanding partner base.