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B2B platform MaxWholesale raises funding from Maple Capital Advisors

July 28, 2016

MaxWholesale, a data-driven B2B commerce and supply chain platform, has raised an undisclosed amount of funding led by Maple Capital Advisors’ startup accelerator platform. The funding will be utilized to scale up its operations and enhance technology.

Read more - http://www.dealstreetasia.com/stories/exclusive-maple-capital-leads-funding-on-b2b-platform-maxwholesale-48833/

Snapdeal ties up with Uber to offer cab booking on app

July 28, 2016

Online marketplace Snapdeal (Jasper Infotech Pvt Ltd) has tied up with ride-hailing service Uber Inc to enable cab booking on its app. Now, Snapdeal consumers can directly book a ride on Uber through the e-tailer’s app.

Read more - http://www.dealstreetasia.com/stories/snapdeal-ties-up-with-uber-enables-cab-booking-on-app-48831/

GHV partners with Forbes Japan editor-in-chief to launch $52 mn VC fund for Indian startups

July 28, 2016

Gurgaon-based startup accelerator GreenHouse Ventures (GHV) has partnered with Makoto Takano, editor-in-chief of Forbes Japan and former president of PIMCO Japan Ltd, to launch a Rs 350 crore (around $52 million) fund for early stage Indian startups.  The focus will be around health tech, fintech, adtech and B2B marketplaces and investment size will vary anywhere between $2million and $5 million (Rs17-33 crore) in each startup.

Read more - http://www.vccircle.com/news/technology/2016/07/28/ghv-partners-forbes-japan-editor-chief-launch-52-mn-vc-fund-indian

Sustainable agro-input firm Suma Agro raises $89K from Ankur Capital

July 28, 2016

Mumbai-based impact investor Ankur Capital has invested Rs 60 lakh ($89,000) in Suma Agro, a Chennai-based sustainable agro-input firm. Launched in 2011 Suma Agro offers humic-acid-based soil nutrient solutions, which, it claims, boost agricultural produce.It operates a sole manufacturing plant near Chennai which boasts of a production capacity of 24 lakh litres.

Read more - http://www.vccircle.com/news/food-agri/2016/07/28/ankur-capital-invests-89k-suma-agro

Modasta raises INR 10 crore from Mauritius HNIs

July 27, 2016

Modasta, a multi-lingual health content portal and queries platform, has raised $1.5 million (about Rs 10 crore) from Mauritius-based high net worth individuals (HNIs). The funding will be utilized for business growth, technology upgradation, talent acquisition and marketing outreach activities.

Read more - http://economictimes.indiatimes.com/articleshow/53412217.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

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