InstaOffice, a start-up that offers managed office space on a sharing basis, has raised an undisclosed pre-Series A round led by Globevestor, a California, US-based venture capital firm. The funding will be utilized to take over more properties, expand the workforce and conduct customer-centric events.
Electronic surveillance technology firm Securens Systems Pvt Ltd has raised a little over $5 million (INR 35 crore) from existing venture capital investor Mayfield India and venture debt provider Trifecta Capital.Founded in 2011, the company provides technology-based security solutions. Its chief e-surveillance product, ActiDETER, prevents crimes through use of video verification and two-way audio.
Coutloot (MJVS Fashion Services Pvt Ltd), an online platform that sells pre-owned fashion, has acquired Bangalore-based competitor Once Again Store (Stororo Services Pvt Ltd) for an undisclosed amount in an all-stock deal. Founded in 2015 Coutloot either collects the product from the seller after an order is placed, charging the seller a 20% commission on the value of the product, or picks up a product from the seller, stores it at a fulfilment centre and ships it out to a buyer once a sale is confirmed, charging the seller 25-30% of the price of the product as commission.
Supercraft3D, an additive manufacturing (3D printing) startup focused on healthcare and medical applications, has raised $1 million from Flipkart cofounder Binny Bansal and four other angel investors. The company offers patient-specific visualisation solutions that help hospitals, doctors and academicians get a perspective about the anatomy, among other services.
New Enterprise Associates (NEA) and Orios Venture Partners-backed retail analytics provider Intelligence Node Consulting Pvt Ltd has raised INR 5 crore from BlackSoil Capital Pvt Ltd, a Mumbai-based specialized non-banking financial company (NBFC). Intelligence Node is also backed by angel investors such as Gaurav Sharma, Sunil Varrier, Arindam Das, Anupam Mittal and Gul Mukhey. Launched in 2012 as a consulting service, Intelligence Node provides technology-based products and services to global retail players.