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Recent News

Co-working space provider 91springboard raises funds from Khattar Holdings, others

August 12, 2016

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.

Read more - http://www.vccircle.com/news/technology/2016/08/11/co-working-space-provider-91springboard-raises-funds-khattar-holdings

Online P2P lending platform Faircent raises $1.5 Million from Brand Capital

August 12, 2016

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.

Read more - http://www.vccircle.com/news/technology/2016/08/11/online-p2p-lending-platform-faircent-raises-15-mn-brand-capital

Auto maintenance marketplace Zonnett to raise Series A funding

August 11, 2016

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.

Read more - http://www.vccircle.com/news/technology/2016/08/11/exclusive-auto-maintenance-marketplace-zonnett-close-raising-series

Bus ticket platform Travelyaari raises $7Million in Series B round from GVFL, Bennett Coleman

August 11, 2016

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.

Read more - http://www.dealstreetasia.com/stories/travelyaari-raises-7-million-from-gujarat-venture-finance-bennett-coleman-50254/

Software maker Zenoti raises $ 15 Million in funding round led by Norwest Venture Partners

August 11, 2016

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.

Read more - http://economictimes.indiatimes.com/articleshow/53644088.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

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