14/11/2016

Infosys invests in software-defined servers provider TidalScale

Country’s second-largest IT firm Infosys has invested an undisclosed amount in US-based TidalScale. The California-headquartered firm’s solution collates all physical server resources as if it were running on a single large computer to help clients with large computing problems. TidalScale helps companies draw insights from big data faster, more easily […]
11/11/2016

Digital marketing firm Mogae Media acquires video platform Ao1

Digital marketing firm Mogae Media Pvt Ltd has acquired personalized video platform Ao1 from ad-veteran Ashish Dabral, a former chief executive of Dentsu Marcom, in a share-swap deal. As a part of the acquisition, Mogae Media will have full ownership of the video platform and will provide funds for its […]
11/11/2016

Health-tech startup Life in Control raises funding from RoundGlass Partners

Curo Healthcare Technologies Pvt Ltd, which runs a digital diabetes management programme under the brand Life in Control, has raised funding from US-based venture capital firm RoundGlass Partners. Founded in 2015, The Life in Control app, which is available both in Android and iOS platforms, is designed to connect doctors […]
11/11/2016

Online golf community and marketplace Golflan raises $1 Million from Yournest and Africa’s iSon group

Online golf community and marketplace GolfLAN has raised $1 million from existing investors, YourNest Angel Fund and African IT/ITES group, iSON. The funding will be utilized to expand to Africa, and South East Asia through Malaysia, Singapore, Indonesia, Thailand and Vietnam and strengthen position in the Middle East.
10/11/2016

Data sciences startup Yottaasys raises angel funding from Gleevoaz Ventures

Bangalore-based data sciences startup, Yottaasys has raised an undisclosed amount of funding from Gleevoaz Ventures. The funding will be utilized for the company’s flagship product Decision Sciences Factor (DSF), which helps enterprises execute data sciences tasks and predict outcomes in almost real-time manner.
10/11/2016

Mobile payments company ToneTag raises funding from Arun Seth, TV Mohandas Pai, others

Naffa Innovations Pvt Ltd, a mobile payments company that operates as ToneTag has raised an undisclosed sum from a clutch of investors. The funding will be utilized to expand user base and grow the number of merchants that accept cashless transactions. ToneTag enables contactless digital transactions on mobile phones, card […]
10/11/2016

Job portal iimjobs.com raises $ 2 Million from India Quotient, others

Job portal iimjobs, run by Highorbit Careers Pvt Ltd, has raised $2 million (Rs 13 Crore) in its Series A round of funding led by early-stage investment firm India Quotient.  The funding will be utilized for product, engineering, and increasing sales reach and infrastructure.
10/11/2016

Property search aggregator Square Yards raises $12 Million from Reliance Group’s PE arm

Gurgaon-based property search aggregator Square Yards Consulting Pvt Ltd has raised  INR 80 Crore ($12 million) from the private equity arm of billionaire Anil Ambani’s Reliance Group.The funding will be utilized to enhance distribution network across India and overseas and expand operations to more than 25 countries.
09/11/2016

Go-Jek acquires app development startup LeftShift

Jakarta-based PT Go-Jek Indonesia, which runs personal transportation and hyper-local shopping app Go-Jek, has acquired Pune-based app development startup LeftShift Technologies Pvt Ltd for an undisclosed amount.The acquisition is aimed at strengthening and upscaling Go-Jek’s product development, design and engineering platforms to support the unicorn’s burgeoning Indonesia operations.
09/11/2016

Test preparation platform OnlineTyari raises $ 3 Million from Michael & Susan Dell Foundation

Mobile-first test preparation platform, OnlineTyari (OT) has raised INR 20 crore, led by the Michael and Susan Dell Foundation (MSDF).  The funding will be utilized to expand vernacular offering, widen examination coverage and strengthen technology and analytics engine.
07/11/2016

Rivigo raises $75 million in Series C funding from Warburg Pincus

Private equity firm Warburg Pincus has invested $75 million (about Rs 500 crore) in surface transport logistics provider Rivigo Services for a minority stake. The funding will be utilized towards technology and hiring.
07/11/2016

Self-drive car rental firm JustRide raises INR 20 Crore in funding

Mumbai-based self-drive car rental firm JustRide has raised  INR 20 crore ($3 million) in a bridge round from global investors such as San Francisco-based Susa Ventures, Kima Ventures, Axan Ventures, London-based SCM Holdings and ITFarm from Japan. Other investors include Y Combinator partners Justin Kan (cofounderof Jutin.tv & Twitch.tv), QasarYounis […]
06/11/2016

Logistics firm Gati invests in e-com facilitator BrownTape Tech

Hyderabad-based logistics firm Gati Ltd has invested an undisclosed sum in BrownTape Technologies Pvt Ltd, a cloud-based software solutions company based out of Goa. BrownTape helps online merchants to manage their orders for multiple e-commerce marketplaces. The company has a technology platform that helps sellers manage orders and inventory in […]
06/11/2016

Medicine delivery platform Medzin raises angel investment

Delhi-based Medhealix Healthtech Pvt Ltd, which operates Medzin, has raised INR 30 lakhs ($45,000) in fresh funding from existing angel investor A M Sikander, owner of logistics firm Sitics Logistic Solutions. The funding will be utilized to develop product, accelerate growth and create marketing campaigns.
06/11/2016

Angel investors to invest INR 2 Crore in education start-up Stones2Milestones

A clutch of angel investors has committed to invest INR 2 crore in the education start-up Stones2Milestones (S2M) which is aimed at creating reading habit among school going children in the age group of 3-9 years.
06/11/2016

Online B2B marketplace Bizongo raises $3 Million from Accel, IDG Ventures

Bizongo, an online B2B marketplace, has raised $3 million from existing investor Accel Partners as well as IDG Ventures in a Series-A round. The funding will be utilized to expand seller base and build tech capabilities and products.
06/11/2016

INR 50 Crore OIL Start-Up fund for new ideas in oil & gas sector

Oil India Limited (OIL) has set up an OIL Start-Up fund of INR50 Crore to encourage new “out of the box” ideas related to the oil and gas sector, particularly in the Northeast. The government-run company also plans to create a dedicated website for its Start-Up initiative, inviting applications with […]
04/11/2016

VR game studio Xanadu raises funding from RedCliffe Capital

Venture capital firm RedCliffe Capital has invested an undisclosed amount in a Seed round in Xanadu Heights (XH), a VR game studio based out of San Francisco. The funding will be utilized to build and launch the game’s first chapter later this year. The game is being developed ground up […]
04/11/2016

The Gourmet Jar raises funding from Chandigarh Angels Network

New Delhi-based Apeksha Gourmet Jar Pvt Ltd, which operates The Gourmet Jar, has raised an undisclosed amount in seed funding from Chandigarh Angels Network (CAN).The funding will be utilized to build team, scale operations and add global customers. It will also be used for marketing and brand building. Founded in […]
03/11/2016

Immunisation management platform vImmune picked for FbStart, raises angel funding

Bangalore and Dallas based AsepsisLife Inc’s immunisation management platform vImmune has been selected for Facebook’s FbStart programme, which is designed to help early-stage mobile startups build and grow their apps. The startup has also raised an undisclosed amount in angel investment from a radiologist certified by The American Board of […]
03/11/2016

Autombile startup BookMyTime acquihires Servicemykar.com

Car purchase and servicing platform BookMyTime has acqui-hired car management startup Servicemykar. BookMyTime is an end-to-end mobile-based platform connecting automobile owners with car dealers and service providers.
03/11/2016

Restaurant chain Sattviko raises funding

Healthy-dining restaurant chain Sattviko has raised an undisclosed amount of angel investment from a clutch of investors led by Raman Roy, founder of Quattro Global Services. The funding will be utilized for expansion of the company’s ethnic packaged food products business.
03/11/2016

E-commerce logistics firm Connect India raises funding

Connect India, which claims to be building a last-mile network of distribution points for e-commerce firms across the country, has raised fresh funding from one of its existing investors. Launched in 2014, the company is offering its logistics services to 13 states across the country.
03/11/2016

Human resources technology startup DoSelect raises funding from 3one4 Capital, Mumbai Angels

Human resources technology startup DoSelect has raised $490,000 in its seed round of funding from TV Mohandas Pai’s family fund 3one4 Capital and Mumbai Angels. Bangalore-based DoSelect, which is run by Axilly Labs Pvt. Ltd, is a collaborative platform that helps organisations hire technical talent. The platform provides tools such […]
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