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.
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.
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.
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.
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.