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Edu-tech start-up ConceptOwl seeks to raise INR100 crore

September 15, 2016

Kerala-based ConceptOwl, an education technology (ed-tech) start-up founded is looking to raise up to INR100 crore from private equity investors to set up coaching centres across the country. ConceptOwl is a technology-driven IIT-JEE coaching platform. The start-up’s mobile and web app deliver personalized coaching and data-driven analytics.

Read more - http://www.livemint.com/Companies/fq2ae1maHYduVvSLiJ0ZyN/Edutech-startup-ConceptOwl-seeks-to-raise-Rs100-crore.html

Nexus Venture backs on-demand logistics service provider GoPigeon

September 15, 2016

Bangalore-based on-demand logistics service provider GoPigeon has raised million around INR 10 crore in a pre-Series A funding round from venture capital investor Nexus Venture Partners. The funding will be utilized to strengthen the team and enhance technology.

Read more - http://www.vccircle.com/news/technology/2016/09/15/exclusive-nexus-venture-backs-demand-logistics-service-provider-gopigeon

Pre-launch startup Dealberg acqui-hired a year-old company worth $2 Million

September 15, 2016

A B2B marketplace for SMEs, DealBerg (which went live on September 12, 2016) has acqui-hired year-old WeAreGadgets in the first week of this month. The amount of the acquisition, which was in both cash and shares, has been kept confidential.

Read more - https://yourstory.com/2016/09/dealberg-wearegadgets/

Skills Validation Platform FloCareer Secures $150K From Angel Investors

September 15, 2016

Bengaluru-based talent acquisition startup FloCareer which aims to create a skills validation platform, has raised $150K Seed funding from senior officials in the technology segment from US and India. The funding will be utilizedto build and strengthen offerings. The startup aims to become the largest aggregator of crowd mentoring, self-learning and interview offloading.

Read more - https://inc42.com/flash-feed/flocareer-150k-funding/

Online Eye Wear Portal LensPick Raises Funding From US Based Scadea Solutions

September 15, 2016

Ecommerce platform for eye wear, LensPick has raised a second round of funding from US-based Scadea Solutions Inc.With this round of funding, Scadea Solutions will acquire a 10% stake in LensPick at a valuation of $5 Mn (INR 33 Crore). The funding will be utilized for inventory enhancement and technology up gradation and to increase online presence.

Read more - https://inc42.com/flash-feed/lenspick-funding/

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