Evolusolve Technologies Pvt Ltd, which operates wealth management app WealthTrust, has raised an undisclosed amount in seed funding from venture capital firm India Quotient. The funds will be utilized to strengthen the team, ramp up technology infrastructure add more features to the app to enable users to make better investment decisions.
Venture Catalysts, a Mumbai-based seed investment platform, has raised $500,000 (around Rs 3.4 crore) from Zaffiro Ventures. The funding will be utilized to expand to five cities in 2016.
Bangalore-based online payment gateway startup Razorpay Software Pvt. Ltd has received an undisclosed investment from American payments and financial services company MasterCard.
Human resources software-as-a-service (SaaS) startup Darwinbox has raised an undisclosed amount in its seed funding round from Mohandas Pai’s family fund 3one4 Capital, Tracxn Labs and Endiya Partners. The funding will be utilized to develop more modules and to expand sales and marketing.
Intra-city travel application Instago that helps users compare prices and book the cheapest mode of transport across different categories including on-demand taxis, autos, public transport and self-drive options has raised $500,000 from multiple investors including angel investor RamitSethi of Strongbox Ventures.