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Online photography startup Canvera raises $3 Million more led by Info Edge

August 30, 2016

Bengaluru-based online photography startup Canvera Digital Technologies Pvt Ltd has raised INR 20 crore ($3 million) led by existing investor Info Edge (India) Ltd. Founded in 2008 as a web-enabled photo-book company, Canvera entered associated e-commerce in March 2011. It provides solutions to professional photographers via its website Canvera.com. It prints photo books, provides design services and also offers hosted software solutions for photographers through a software-as-a-service model.

Read more - http://www.vccircle.com/news/technology/2016/08/30/online-photography-startup-canvera-raises-3-mn-more-led-info-edge

EdTech platform iAugmentor raises INR 1 crore in seed funding

August 30, 2016

Education-technology company, iAugmentor Labs Pvt Ltd raised INR 1 crore in seed funding from Rajasthan Angel Investor Network and other undisclosed individual investors. The funding will be utilized to introduce new learning mediums such as games, animations, cartoons and videos.

Read more - http://www.livemint.com/Companies/LGmWpHKEzwEvkZ6EZjbIFM/iAugmentor-raises-Rs1-crore-in-seed-funding.html

TerraPay acquires UK’s Pay2Global

August 30, 2016

TerraPay has acquired UK-based Pay2Global, a move that will help the Mahindra Comviva incubated company fast-track its entry into the European market. Pay2Global is a regulated digital international money transfer company with rights into the European Economic Area (EEA).

Read more - http://economictimes.indiatimes.com/articleshow/53909493.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

MediaTek invests INR 400 crore in One97

August 30, 2016

Taiwanese semiconductor maker MediaTek will invest INR 400 crore ($60 million) or about a fifth of the capital being infused into India’s One97 Communications, which runs mobile payment and ecommerce platform Paytm. The deal, which was ratified by the board of directors of Noida-based company on Monday, will see valuation of the company more than double to over $4.8 billion


Read more - http://economictimes.indiatimes.com/articleshow/53921046.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

Facility management and home services startup SBricks acquires home services aggregator HomeCues

August 30, 2016

Facility management and home services startup SBricks has acquired home services aggregator HomeCues for more than $1 million. While HomeCues will be a subsidiary company of SBricks, it will continue to operate under its original name and the two companies will split their focus into business-to-consumer and business-to-business sectors respectively.

Read more - http://economictimes.indiatimes.com/articleshow/53921155.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

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