Delhi-based 91springboard, a firm that provides co-working spaces to startups has raised an undisclosed amount of funding from Khattar Holdings, ThirtyThree Investments and others. The funding will be utilized to expand operations and build technological capabilities.
Online peer-to-peer (P2P) lending platform Faircent, operated by Gurgaon-based Fairassets Technologies India Pvt Ltd, has raised funding from Brand Capital, the ad-for-equity investment arm of Bennett Coleman & Co (BCCL). The funding will be utilized to buy inventory in radio, TV, online and print properties of the Times of India group.
Car maintenance marketplace Zonnett is in advanced talks with several high-profile investors to raise its Series A round of funding. The funding will be utilized for geographic expansion and new product development. The company plans to expand its footprint to five cities including Delhi-NCR, Bangalore, Hyderabad, Chennai and Ahmedabad.
Mantis Technologies Pvt Ltd, which owns and operates online bus booking platform Travelyaari, has raised $7 million led by existing investors media company Bennett Coleman and Co Ltd and Gujarat Venture Finance Ltd (GVFL). The funding will be utilized for product development, augmenting service network and increase the online penetration of bus bookings.
Software maker Zenoti, has raised Rs 100 crore ($15 million) in a round led by Norwest Venture Partners along with existing backer Accel India in the largest such deal this year for a startup offering software as a service. The Seattle and Hyderabad-based company, which provides cloud-based software for spas and salons plans to aggressively expand operations in the United States and European markets.