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Sustainable agro-input firm Suma Agro raises $89K from Ankur Capital

July 28, 2016

Mumbai-based impact investor Ankur Capital has invested Rs 60 lakh ($89,000) in Suma Agro, a Chennai-based sustainable agro-input firm. Launched in 2011 Suma Agro offers humic-acid-based soil nutrient solutions, which, it claims, boost agricultural produce.It operates a sole manufacturing plant near Chennai which boasts of a production capacity of 24 lakh litres.

Read more - http://www.vccircle.com/news/food-agri/2016/07/28/ankur-capital-invests-89k-suma-agro

Modasta raises INR 10 crore from Mauritius HNIs

July 27, 2016

Modasta, a multi-lingual health content portal and queries platform, has raised $1.5 million (about Rs 10 crore) from Mauritius-based high net worth individuals (HNIs). The funding will be utilized for business growth, technology upgradation, talent acquisition and marketing outreach activities.

Read more - http://economictimes.indiatimes.com/articleshow/53412217.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

Fashion styling app IStyleYou raises funding from actor Rannvijay Singh

July 27, 2016

Actor and television host Rannvijay Singh has invested in Gurgaon-based fashion styling app IStyleYou. Singh will also be the brand ambassador for IStyleYou and help make the company a leading youth brand. The funding will be utilized for branding, marketing and expansion.

Read more - http://www.vccircle.com/news/technology/2016/07/27/exclusive-fashion-styling-app-istyleyou-gets-funding-actor-rannvijay

AI-powered startup Mezi raises $9m from Nexus, Saama Capital, others

July 27, 2016

Artificial intelligence-powered personal shopping assistant start-up Mezi has raised $9 million in a Series A funding round from existing investor Nexus Venture Partners and new investors Saama Capital and American Express Ventures. The funding will be utilized to support the company’s growth and accelerate Mezi’s product and artificial intelligence technology development around conversational commerce, natural language processing and machine learning.

Read more - http://www.dealstreetasia.com/stories/mezi-raises-9-million-from-nexus-venture-saama-capital-others-48669/

Tech startup Byndr raises $700K in seed funding

July 27, 2016

Hyderabad-based mobile learning management platform Byndr has raised USD 700,000 (Rs 4.70 crore) in seed funding from Education Design Studio (accelerator at the University of Pennsylvania), Ben Franklin Technology Partners and a group of angel investors. The funding will be utilized to expand sales and development team.

Read more - http://www.vccircle.com/news/technology/2016/07/27/hyderabad-based-tech-startup-byndr-raises-700k-seed-funding

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