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Lending startup Loanmeet raises seed funding

June 12, 2017

Online peer-to-peer lending platform LoanMeet, which is run by Strivers Solutions Pvt Ltd, has raised an undisclosed amount of seed funding from chinese entrepreneur-turned-investors Cao Yibin and Huang Wei, along with KrazyBee co-founder and CEO Madhusudan E.

Read more - https://www.vccircle.com/lending-startup-loanmeet-raises-seed-funding/

Fintech startup Lendingkart raises $7.7 Million debt from Yes Bank

June 12, 2017

Financial technology start-up Lendingkart Group has raised a debt of INR 50 crore from Yes Bank Ltd in a move that could see the company gradually shift to banks for loans as against non-banking financial companies (NBFCs), who lend at a higher rate.

Read more - https://www.dealstreetasia.com/stories/lendingkart-raises-rs50-crore-debt-yes-bank-74827/

Artha India Ventures plans to float $31 Million early-stage investment fund

June 12, 2017

Mumbai-based seed stage investor Artha India Ventures is planning to launch its own early-stage investment fund with a target size of INR 200 crore ($31 million) with a greenshoe option of INR 100 crore to invest in startups across seed, pre-series A and series-A rounds of funding.

Read more - https://www.dealstreetasia.com/stories/artha-india-ventures-30m-early-stage-investment-fund-74724/

Insurance brokerage firm Coverfox raises $15 mn from Transamerica & others

June 12, 2017

Glitterbug Technologies, which owns and operates online insurance brokerage Coverfox, has raised about INR 96 crore ($15 million) in its series-C round, led by US insurer Transamerica, with its existing investors also participating.

Read more - http://economictimes.indiatimes.com/articleshow/59103250.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

PeeSafe raises $1 Million from a group of investors

June 12, 2017

PeeSafe, a toilet seat sanitizer spray, has raised $1 million from a group of investors including Mumbai-based Venture Catalyst, Alfa Capital, Green Shots Capital and Real Time Ventures.

Read more - http://economictimes.indiatimes.com/articleshow/59103565.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

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