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.
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.
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.
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.
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.