Bengaluru-based chat-commerce platform LookUp got acquired by NowFloats, which creates websites on the fly for small and medium-sized enterprises (SMEs). LookUp is a chat-based commerce platform, essentially enabling users to discover and reach out to merchants in their vicinity. NowFloats, on the other hand, marries location and mobile to help local businesses create and manage their SEO-powered websites via SMS.
Bengaluru-based food company Mast Kalandar is in advanced talks to close a $10-million funding round. It had earlier raised investments from Footprint Ventures and Helion Venture Partners.
Ecommerce startup Dreamworld Digital, which runs online retail store BollyWoo.ooo focused on Bollywood fashion and trends, is in talks with three leading private equity players to raise $5-6 million. The funding will be utilized to expand from apparels business to Bollywood locations tourism.
underDOGS, a Mumbai-based game development company, has raised an undisclosed amount of funding from digital platform firm, Intelli Reboot Digital Pvt. Ltd. The alliance aims at acquiring a significant stake in underDOGS as well as to utilize its team strength to develop games together.
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Seed-stage venture capital fund SRI Capital launched by serial entrepreneur Sashi Reddi, has invested $1.3 million in two SaaS startups – Yellowdig in Pune and Zuppler in Delhi. The funding will be utilized by the startups to scale up and roll out their products in global markets.