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OrbiMed to invest $40 Million in Suraksha Diagnostics

November 18, 2016

Marquee healthcare investor OrbiMed is finalising about $40-million investment in Kolkata-based Suraksha Diagnostics, which operates a chain specialising in pathology and radiology services across the national capital region (NCR), Bihar and West Bengal.  The funding will be utilized to expand the laboratory network and invest in equipment and the tech backbone.

Read more - http://economictimes.indiatimes.com/articleshow/55470796.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

Online fashion store Koovs raises $13.5 Million funding from Times Group, others

November 17, 2016

Koovs plc, a Delhi- and UK-based fashion etailer has raised funding from existing investors including Ruffer, Coller Capital and others. It raised a strategic investment of about $4.8 Mn from the Times of India Group and a further $8.7 Million investment by new and existing shareholders. The funding will be utilized to expand product range and invest in infrastructure like technology and innovation.

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

Online Travel Portal Trip Tap Toe raises funding from former Chairman and MD of ONGC

November 17, 2016

Gurugram-based travel portal and travel concierge app, Trip Tap Toe has raised fresh capital in exchange of 26% stake for an undisclosed amount. R.S Sharma, former Chairman and Managing Director of Oil and Natural Gas Corporation (ONGC) invested through his son Nayan Parashar, Director at Trip Tap Toe.The funding will be utilized to expand sales team, initiate new marketing initiatives, invest in the mobile & web technology platform, and hire talent in the industry.

Read more - https://inc42.com/flash-feed/trip-tap-toe-funding/

Foodtech startup Tpot raises Pre-Series A funding

November 17, 2016

Tpot, a Delhi-based foodtech startup focused on serving the ‘chai-nashta’ segment, has raised an undisclosed amount in Pre-Series A funding. The investment was led by principal investor at Tpot, Ashish Gupta, Founder & Trustee of Ashoka University and Ex-co-founder & COO of Evalueserve. Tpot currently has 21 outlets across Delhi/ NCR. The funding will be utilized to add 19 more outlets by the year end and reach up to 200 by March 2018 at various corporate offices, metro stations and hospitals.

Read more - https://inc42.com/flash-feed/tpot-funding-2/

Marketplace for luxury brands vClusive raises $ 6.3 Million from Hunch Ventures

November 17, 2016

vClusive, an omni-channel marketplace for luxury brands, has raised funding in a round led by venture capital firm Hunch Ventures. A clutch of angel investors also took part in the round. The funding will be utilized for technology development, marketing and branding campaigns.

Read more - http://www.vccircle.com/news/technology/2016/11/16/exclusive-hunch-ventures-leads-funding-round-vclusive

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