Mumbai-based Motocruizer Technologies India Pvt Ltd, which operates self-riding bike rental platform ONN Bikes, has raised $692,000 in a pre-Series A round led by existing investor Z Nation Lab.
Unicorn India Ventures, an early-stage venture capital fund focussed on business-to-business startups in the social media, analytics and cloud segment, has launched its maiden debt fund with a corpus of INR 600 crore ($93 million).
Hyderabad-based Viven Infomedia, which operates Kahaniya, an online storytelling platform in regional languages, has raised $200,000 in a seed funding round from a bunch of undisclosed US-based non-resident Indians (NRIs).
Chinese phone and appliances maker Xiaomi Corp will invest as much as $1 billion in 100 startups in India over the next five years, seeking to create an ecosystem of apps around its smartphone brand.
Delhi-based education-technology startup Perspectico Learning Pvt Ltd has raised an undisclosed amount of seed funding from SSCBS Innovation and Incubation Foundation (SIIF).