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Ed-tech startup ConveGenius raises Rs 6 cr funding from the Michael & Susan Dell Foundation

August 25, 2016

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

Read more - https://yourstory.com/2016/08/convegenius-funding-2/

After raising $15M, CureFit invests $3M in Bengaluru-based fitness startup CULT

August 25, 2016

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/

Zoomcar raises $24M in series B funding round led by Ford, to strengthen its marketplace model ZAP

August 25, 2016

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

Read more - https://yourstory.com/2016/08/zoomcar-funding-series-b/

Kstart invests $600,000 in two start-ups

August 24, 2016

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.

Read more - http://www.livemint.com/Companies/CHNQ3HN2lPeYddxSnCJ9WO/Kstart-invests-600000-in-two-startups.html

Online wedding platform Shaadisaga raises Pre Series A funding from Shaadi.com’s Anupam Mittal, others

August 24, 2016

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.

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