22/11/2016

Late-night food delivery firm Bats on Delivery raises angel funding

Bats on Delivery, an on-demand food and essential commodities delivery services firm, has raised an angel round of funding from a Delhi-based businessman. The funding will be utilized to set up a centralized kitchen in Gurgaon and several physical take-away outlets in Delhi-NCR. The startup has  raised INR 60 Lakh […]
22/11/2016

Fintech firm numberz.in raises funding from Kae Capital, Khosla Impact

Gurgaon-based Paradime Technologies Pvt Ltd, which runs cash-flow management startup numberz, has raised seed funding of $650,000 from investors Kae Capital and Khosla Impact. The startup helps small and medium enterprises (SMEs) to manage their cash flow better including services like invoice management and expense management.
21/11/2016

Yunus Social Business launches India-focused impact fund

Germany-headquartered Yunus Social Business Global has launched a new fund, Yunus Social Business Fund Bengaluru (YSBFB), to invest in enterprises that provide business solutions to bring about significant social transformation. The fund will focus on sectors like education, healthcare, housing and agriculture. It will back 4-5 social business companies in […]
21/11/2016

Online hiring platform WorkIndia raises funding from Japan’s Asuka Holdings

WorkIndia, a job portal for blue-collar workers, has raised an undisclosed amount in investment from Japanese venture capital investor Asuka Holdings. Launched in 2015 , WorkIndia helps in the placement of delivery boys, office assistants, field sales executives, tele-callers and counter sales people in companies. It has 60,000 monthly active […]
18/11/2016

Product photography start-up Pictor Imaging raises funding from Quarizon

Private equity fund Quarizon has invested INR 1 Crore in early-stage funding of Pictor Imaging Pvt Ltd, a product photography start-up. The funding will be utilized for strengthening technology, team size and for business development.
18/11/2016

OrbiMed to invest $40 Million in Suraksha Diagnostics

Marquee healthcare investor OrbiMed is finalising about $40-million investment in Kolkata-based Suraksha Diagnostics, which operates a chain specialising in pathology and radiology services across the national capital region (NCR), Bihar and West Bengal.  The funding will be utilized to expand the laboratory network and invest in equipment and the tech […]
17/11/2016

Online fashion store Koovs raises $13.5 Million funding from Times Group, others

Koovs plc, a Delhi- and UK-based fashion etailer has raised funding from existing investors including Ruffer, Coller Capital and others. It raised a strategic investment of about $4.8 Mn from the Times of India Group and a further $8.7 Million investment by new and existing shareholders. The funding will be […]
17/11/2016

Online Travel Portal Trip Tap Toe raises funding from former Chairman and MD of ONGC

Gurugram-based travel portal and travel concierge app, Trip Tap Toe has raised fresh capital in exchange of 26% stake for an undisclosed amount. R.S Sharma, former Chairman and Managing Director of Oil and Natural Gas Corporation (ONGC) invested through his son Nayan Parashar, Director at Trip Tap Toe.The funding will […]
17/11/2016

Foodtech startup Tpot raises Pre-Series A funding

Tpot, a Delhi-based foodtech startup focused on serving the ‘chai-nashta’ segment, has raised an undisclosed amount in Pre-Series A funding. The investment was led by principal investor at Tpot, Ashish Gupta, Founder & Trustee of Ashoka University and Ex-co-founder & COO of Evalueserve. Tpot currently has 21 outlets across Delhi/ […]
17/11/2016

Marketplace for luxury brands vClusive raises $ 6.3 Million from Hunch Ventures

vClusive, an omni-channel marketplace for luxury brands, has raised funding in a round led by venture capital firm Hunch Ventures. A clutch of angel investors also took part in the round. The funding will be utilized for technology development, marketing and branding campaigns.
17/11/2016

Legal tech startup LawRato raises funding from IAN

LawRato, a Delhi-based legal tech startup, has raised an undisclosed amount in its pre Series A round of funding from Indian Angel Network (IAN). The funding round was led by IAN co-founder Alok Mittal.  As a part of the investment, IAN members VP Rajesh and Srikant Sastri will join the […]
17/11/2016

Health-tech startup Aermed raises seed funding

Aermed, a full-service online pharmacy and lab aggregator, has raised an undisclosed amount of seed funding in a round led by Hitesh Windlass, CEO of Windlas Healthcare. The company which was bootstrapped until now has got its first major influx of money to expand operations.
16/11/2016

TV Mohandas Pai-backed realty fund raises nearly $ 30 Million

Neev Asset Advisors LLP, a new real estate-focused investment firm, backed by Manipal Education Group chairman Mohandas Pai and chief executive of Manipal Education and Medical Group, Ranjan Pai, and other investors, has raised INR 200 crore and made its first investment in a project in Bengaluru. The fund, Neev […]
16/11/2016

Data analytics firm Scienaptic raises funding from former Genpact head

Data analytics firm Scienaptic Systems Inc has received an undisclosed amount of funding from Genpact founder and former Nasscom chairman Pramod Bhasin. The two-year-old startup is headquartered in New York and has an engineering centre in Bengaluru. The funding will enable Scienaptic to continue developing its unique big data platform, […]
16/11/2016

Home rental platform NoBroker raises funding from Paytm founder

Bengaluru-based NoBroker Technologies Solutions Pvt Ltd, which runs a peer-to-peer (P2P) property listing portal for renting homes NoBroker, has raised an undisclosed amount of investment from Paytm founder Vijay Shekhar Sharma. The funding will be utilized for the next phase of growth and customer acquisition.
16/11/2016

Cloud-based health monitoring company Stasis Labs raises $ 5 Million in seed funding

Stasis Labs, a cloud-powered health monitoring company, has raised $5 million in its seed investment round led by RTP-Healthcare Ventures, the healthcare-focused investment arm of RTP Ventures. The funding will be utilized for expanding throughout Indian hospitals and preparing to enter the US and other markets worldwide.
15/11/2016

Logistics startup ElasticRun raises $2 Million from Kalaari Capital, Norwest Venture Partners

Kalaari Capital and Norwest Venture Partners have invested $2 Mn in ElasticRun, a Pune-based stealth startup. Founded in 2015, ElasticRun technology allows its customers to run the transportation and supply chain systems in an asset light mode.
15/11/2016

Mobile gaming startup PlaySimple raises $ 4 Million from SAIF Partners, IDG Ventures

Bengaluru-based mobile gaming startup PlaySimple Games Pvt Ltd has raised $4 million (nearly Rs 27 crore) in a Series A round led by SAIF Partners and IDG Ventures India. The funding will be utilized to develop new games, develop team and on marketing campaigns.
15/11/2016

Online insurance brokerage startup GramCover raises funding from Omnivore Capital

Omnivore Capital, which makes early-stage investments in agricultural and food technology companies, has invested $ 1 million in GramCover,  an insurance marketplace for the rural sector.
15/11/2016

Fintech startup Active.ai raises $3 Million from Kalaari Capital and IDG Ventures India

The Singapore based fintech startup, using artificial intelligence (AI) to deliver virtual assistant banking services, has raised $3 million (approx INR 20 Crore) funding from IDG Ventures India and Kalaari Capital. The funding will be utilized for the growth of the startup’s product platform for banking and payments into Asia […]
15/11/2016

Aon Hewitt acquires hiring assessment company CoCubes

Aon Hewitt, the global talent, retirement and health solutions business of Aon Plc, has acquired CoCubes, a hiring assessment company based in India focused at entry level. With this transaction, Aon Hewitt adds two million assessments to its existing global portfolio of 20 million assessments spread across 164 countries, according […]
15/11/2016

Preloved furniture startup GoZefo raises INR 40 Crore from investors

Refurbished furniture and appliance marketplace GoZefo has raised INR 40 Crore in a funding round that was led by venture fund Sequoia India. The funding will be utilized to tap the value-conscious online customer. GoZefo promises verified photographs and detailed assessments of each piece of furniture and appliance listed on […]
14/11/2016

Paytm acquires hyperlocal fashion platform Shopsity

Online payments and ecommerce marketplace Paytm has acquired Delhi-based Shopsity in a bid to strengthen its offline retail network. Shopsity follows an online-to offline model that offers solutions to small retail stores. Through the acquisition, Paytm is looking to create seller-focused services for its offline merchants. The company is in […]
14/11/2016

South African media giant Naspers floats VC arm in India

South African media and internet conglomerate Naspers has established a venture capital arm in India with an aim to explore new growth and investment opportunities in the country. Nasper’s India VC arm will explore investing in technology-focused startups in areas like healthcare, education and logistics, besides consumer internet and online […]
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