Overcart, a startup providing returns management and liquidation services to e-commerce firms has raised USD 3 million (about Rs 20 crore) from JSW Ventures, Omidyar Network, Sattva Capital and Venture Works. The funding will be utilized to invest in hardware and software innovations to diagnose, refurbish and quality check products across more categories and locations.
Delhi based Indulge Beverages, which owns and distributes premium tea and coffee brand Bonhomia, has raised $500,000 (Rs 3.3 crore) in a bridge round of funding.
Room on Call
Enablers successfully raised USD 2 million for Delhi based budget accommodation aggregator, Room on call from CASHurDRIVE (CUD).
Enablers successfully raised an undisclosed amount of seed funding for Delhi-based edtech startup, CivilsDaily from Manoj Kumar of Malgharia Capital Advisors along with a few HNIs.
Aarav Unmanned Systems
Aarav Unmanned Systems (AUS) (www.aus.co.in) has raised an undisclosed amount from StartupXseed Ventures, 3ONE4 Capital (A family fund of Mr. Mohandas Pai), The Phoenix Fund and HNIs including, Mr. Ashok Atluri and Mr. Sanjay Jesrani. The capital raised will be used for new product development and team expansion.