Bengaluru-based Maya, which operates a women’s health tracker, has raised an undisclosed amount of funding from Rajan Anandan, vice-president, Google, Southeast Asia and India. The funding will be utilized to enhance user interface, develop the product and expand user base in India.
Founder chief executive officer of wealth advisory IIFL Wealth Karan Bhagat and a clutch of other angel investors have invested an undisclosed amount in Mumbai-based parenting and baby care startup Kidsstoppress. The funding will be utilized to strengthen, technology infrastructure and team. It will also expand its services to more cities across the country. Launched in 2011, owned and operated by Kidsstoppress Media Pvt Ltd, Kidsstoppress (KSP) connects parents to brands, services, and events for children through its online platform.
Delhi-based online lending platform ZipLoan has raised an undisclosed amount of seed funding led by GrowX Ventures and other angel investors. The startup will utilize the money to fund technology product, app, and data science capabilities.
Home-grown transportation company Ola is likely to raise up to $500 million in a fresh round of funding led by existing investor SoftBank as it fights out cash-rich rival Uber to win the India market.
High street fashion brand FabAlley has raised INR 13 Crore ($2 million) in a Series-A round led by Mumbai-based India Quotient. The round also saw participation from existing investors including IAN, social entrepreneur Ranjan Sharma and a clutch of angel investors.