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Waterless car washing startup Robova raises INR 3 Crore funding

October 12, 2016

Waterless car washing startup Robovac has received angel funding INR Rs 3 crore and merged with rival Enzo Solutions to create a new entity called RobovacEnzo.  Ahmedabad-based Robovac is a car interior vacuum cleaning service provider with presence at 49 outlets across Gujarat in partnership with Indian Oil Corporation. Rival Enzo Solutions offers waterless athome car-wash services in cities including Chennai, Bengaluru, Visakhapatnam, Ahmedabad and Chandigarh.

Read more - http://economictimes.indiatimes.com/articleshow/54805147.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

Zebpay looks to raise $5 Million for Bitcoins

October 11, 2016

Bitcoin wallet startup Zebpay is in talks to secure Series-A funding of $4-5 million and expects to close the investment by next month. The company is in talks with several Indian investors and that a US-based venture capital fund, which focuses on blockchain technology, has also evinced interest. This will be the second investment the company will have closed this year.

Read more - http://economictimes.indiatimes.com/articleshow/54773841.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

Holachef in talks with Kalaari Capital, Sidbi for fresh funds

October 11, 2016

Food-tech start-up Holachef is in talks to raise $6 million in its latest round of venture capital fundraising, led by existing investor Kalaari Capital. The funding will be utilized to strengthen operations in the existing cities while also enabling it to expand to newer ones. Mumbai-based Holachef, which was launched in 2014, delivers home-cooked food to customers. The startup has a presence in Mumbai, Navi Mumbai and Pune.

Read more - http://www.livemint.com/Companies/RCXaPJ9lJPSaxUY4AKQHsK/Holachef-in-talks-with-Kalaari-Capital-Sidbi-for-fresh-fund.html

Facebook gives $40K to JobSenz as part of its startup programme

October 11, 2016

Education technology startup JobSenz has been selected for FbStart, the earlystage, mobile-focused startup programme launched last year by Facebook, as it continues to woo the country’s startup ecosystem, a critical market for the technology behemoth. As part of the prestigious programme, JobSenz has received about $40,000 (about Rs 27 lakh) as credits and services from Facebook and its partners, and will also receive mentoring from the Menlo Park-headquartered company’s engineering teams.

Read more - http://economictimes.indiatimes.com/articleshow/54773641.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

Oasis Centre raises INR 40 Crore from Stake Sale

October 11, 2016

India Life Sciences Fund II, which focuses on growth capital in the Indian healthcare sector, has invested INR 40 Crore for a ‘significant minority’ stake in Oasis Centre for Reproductive Medicine, a Hyderabad-headquartered leading chain of in-vitro fertilisation (IVF) centres.

Read more - http://economictimes.indiatimes.com/articleshow/54774045.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

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