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Fashion marketplace Voonik gets $3 Million debt financing from InnoVen Capital

August 1, 2016

Voonik Technologies Pvt Ltd, operator of an eponymous fashion marketplace, has raised $3 million (Rs 20 crore) in venture debt financing from InnoVen Capital. The capital will be utilized for marketing, especially via television commercials.

Read more - http://www.vccircle.com/news/technology/2016/07/30/fashion-marketplace-voonik-gets-3-mn-debt-financing-innoven-capital

Solar energy firm Freyr close to raising seed funding

August 1, 2016

Hyderabad-based solar power services provider Freyr Energy Services Pvt Ltd is in advanced stages of discussions to raise its seed round of funding from a high-profile European investor to support its expansion plans. The company is raising Rs 5 crore ($745,000) from a Dutch government-controlled fund mainly to install solar systems and marketing.

Read more - http://www.vccircle.com/news/cleantech/2016/08/01/exclusive-solar-energy-firm-freyr-close-raising-seed-funding

Swastika Company backs on-demand laundry startup HelloDhobi

July 29, 2016

Pune-based HelloDhobi Dry-Cleaners Pvt Ltd, which operates on-demand laundry startup HelloDhobi, has raised an undisclosed amount in angel funding from Hong Kong-based investment firm Swastika Company Ltd and some Mumbai-based affluent individuals. The funding will be utilized to expand operations in Pune and hire staff across verticals.

Read more - http://www.vccircle.com/news/technology/2016/07/29/swastika-company-backs-demand-laundry-startup-hellodhobi

Social marketplace GoCoop raises funding from Kris Gopalakrishnan, Saha Fund

July 29, 2016

GoCoop Solutions and Services Private Limited which runs social marketplace for cooperative enterprises GoCoop has received investment worth $830,000 from former Infosys vice-chairman Kris Gopalakrishnan and Saha Fund. Launched in early 2012, GoCoop.com’s or Global Collabration Platform for Cooperatives’ marketplace acts as an aggregator of listed enterprises. It is a social marketplace to buy and source handmade apparels, home furnishings, fabrics, crafts and more directly from weavers and artisans.

Read more - http://www.vccircle.com/news/technology/2016/07/28/exclusive-kris-gopalakrishnan-saha-fund-back-social-marketplace-gocoop

Machine learning platform Neuron raises $200k and launches a NLP developer platform

July 29, 2016

Delhi based Neuron, a machine learning platform for text analysis  has raised an angel round of $200,000 led by Harvinder Bhatia, CFO Netmagic and founder of Radiowalla. The funding will be utilized for R&D in machine learning and Natural Language Processing and for hiring talent.

Read more - http://economictimes.indiatimes.com/articleshow/53434336.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

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