Mobile-based laundry services startup PickMyLaundry has raised $200,000 in the first tranche of its pre-Series A funding round led by angel investor Kedar Lele. Existing investor GHV Accelerator also participated in this round by investing $100,000. The funding will be utilized to expand services in the entire NCR (National Capital Region) and other tier I cities.
Enterprise software maker Freshdesk has raised $55 million in a new round of funding led by Sequoia Capital India, along with existing investor, Accel Partners. Founded in October 2010, Freshdesk is one of the first software-as-a-service (SaaS) companies from India to take on the global market. Its helpdesk software can be used by customer support agents from around the world on various channels like email, phone and social media.
Business intelligence and data science company Impact Analytics has raised $750,000 led by early-stage venture capital firm Aarin Capital, which was founded by TV Mohandas Pai and Dr Ranjan Pai. The company provides analytics solutions across sectors including retail, financial services, education, pharma and others.
Advanced Enzyme Technologies Ltd, India’s leading enzyme maker, has entered into definitive agreements to acquire a 70% stake in Hyderabad-based JC Biotech Pvt Ltd for INR 50 crore. The acquisition will significantly boost market share of Advanced Enzyme Tech in the enzymes space and enable it to enter the biopharmaceutical molecules space.
Entertainment tech platform TalentNext, which connects actors, screenwriters, choreographers and 43 other related categories to recruiters, has raised a seed round of $1 million in a round led by Karanpal Singh, managing director at KJS Cement and other angel investors. The platform claims to receive over 250 signups through Facebook on a daily basis and posts over 50 jobs every day.