21/12/2016
Hyderabad-based Vave Infosolutions India Pvt. Ltd, which runs motorcycle-sharing startup Getbike, has raised $100,000 (around Rs 68 lakh) in angel funding from a group of investors
20/12/2016

Heathtech firm Tiyo raises second round of seed funding

Healthtech startup, Tiyo, run by Labsense Technology Services, has raised an undisclosed amount in its second round of seed funding led by existing investor Ajith Nair, CEO of I-Adepto Global. The funding will be utilised for strengthening development team, developing patient care technology and consolidating sales effort.
20/12/2016

Jewellery e-tailer VivoCarat raises seed funding

Online jewellery marketplace VivoCarat has raised $50,000 in seed funding from a group of individual investors. The funding will be utilised for product development, team building, and marketing.
20/12/2016

Events marketplace Events High raises funding from Axilor Ventures

Bengaluru-based Nuta Technologies Pvt Ltd, which runs events marketplace Events High, has raised an undisclosed amount of funding from Axilor Ventures. The funding will be utilised to expand organiser base and enhance user experience on the platform.
19/12/2016

Swedish firm Starbreeze acquires Dhruva Interactive for $8.5 Million

Starbreeze AB, a Swedish game developer, has agreed to acquire stake in Indian art production company Dhruva Interactive.  It will pay $7 million in cash while $1.5 million will be paid through the issue of Starbreeze B-shares. Dhruva will continue to operate under its brand name.
19/12/2016

NoBroker raises INR 50 Crore from South Korean investment firm

In an extension of its series-B round, online real estate rental and resale platform NoBroker has raised INR 50 crore from South Korean investment firm KTB Ventures. The consumer-to-consumer platform provides a select number of owner contact details based on the user’s specifications. 
19/12/2016

Media startup ScoopWhoop acquires Touchfone Technologies

Media startup ScoopWhoop has acquired Touchfone Technologies for an undisclosed amount in a cash-and-stock deal. As part of the deal, Touchfone Technologies cofounders Mahesh Subramanian and Brahmayya Akella will be appointed as ScoopWhoop’s chief technology officer and chief integration officer respectively. 
16/12/2016

Emerald Media leads $35 Million funding in geo targeted advertisement startup Amagi Media Labs

Private equity firm KKR-backed investment platform, Emerald Media, has led $35 million in Series D round of funding in cloud-based geo-targetted ad firm, Amagi Media Labs. Premji Invest, the investment handle of existing investor, Azim Premji also participated in the round. The funding will be utilized to enhance R&D efforts […]
16/12/2016

TripShelf raises INR 1.6 Crore in Pre-Series A funding from GEMS Advisory And Quarizon

Online travel marketplace for holiday bookings Tripshelf has raised Pre-Series A funding in a round led by GEMS Advisory and early stage VC fund Quarizon. The platform allows customers to compare data from independent travel operators listed on the online marketplace under a single web screen and further, once selected, […]
16/12/2016

Healthcare services platform Practo acquires healthcare analytics firm Enlightiks

Healthcare services platform Practo Technologies Pvt Ltd has acquired Enlightiks Business Solutions Pvt Ltd, a healthcare analytics solutions firm, in a cash and stock deal. Established in 2012, with offices in Bengaluru and Charlotte in the US, Enlightiks owns a predictive clinical and computational platform called Querent and uses big […]
16/12/2016

E-commerce enabler Shopmatic acquires 5X Ruby

Singapore headquartered Shopmatic which helps small businesses sell online using the do-it-yourself platform has acquired 51% in 5X Ruby at an undisclosed valuation in a mixed cash and equity deal.  
16/12/2016

Epsilon Venture leads $23 Million round in Pi Datacenters

Pi Datacenters Pvt Ltd, which provides data centre and cloud services, has raised INR 154 crore ($23 million) from Epsilon Venture Partners and an Australian private equity group in a Series A round of funding. The funding will be utilized to roll out its first few data centres across India.
15/12/2016

Mobile analytics platform MoEngage raises funding from Facebook exec Anand Chandrasekaran

User analytics and engagement platform MoEngage, run by MoEngage India Pvt Ltd, has raised an undisclosed investment from Facebook executive Anand Chandrasekaran. The MoEngage platform helps internet companies deliver personalised interactions via push notifications, in-app recommendations, email, web-push and other communication channels, driving engagement.
15/12/2016

Discount broking startup TradingBells raises INR 2 Crore Seed Funding

Indore-based discount broking company TradingBells has raised INR 2 Crore in a Seed Funding round led by Mumbai-based stock broker Swastika Investmart Ltd. The funding will be utilized for hiring talent, expanding office infrastructure, technology up gradation, and customer acquisition.
15/12/2016

Online pharmacy platform 1mg acquires online consult platform MediAngels

Bright Lifecare, which owns and operates online pharmacy platform 1mg, has acquired Mumbai-based MediAngels, for an undisclosed sum. The acquisition marks the Sequoia Capital-backed company’s entry into the lucrative super speciality consultations, corporate health services and insurance partnerships.
15/12/2016

Digital entertainment startup Pocket Aces raises INR 20 Crore

Mumbai-based digital entertainment startup Pocket Aces has raised $3 million (about Rs 20 crore) in a funding round that was led by venture capital firm Sequoia Capital India and included North Base Media, Aarin Capital, Axilor Ventures and Freecharge founders Kunal Shah and Sandeep Tandon. The company has already built […]
15/12/2016

Drone maker ideaForge raises funding from Infosys

Infosys Ltd, India’s second-largest software services exporter has invested in homegrown drone maker ideaForge Technology Pvt Ltd. The investment was made from the Innovation Fund in a stock-exchange filing. ideaForge has built Unmanned Aerial Vehicles (UAV) that have been widely deployed by the Indian armed forces for surveillance, crowd monitoring […]
14/12/2016

Traveltech startup Qacco raises $150K in Angel Funding

Gurgaon-based travel-tech company, Qacco Hospitality Pvt Ltd, has raised $150,000 in an angel round led by Lead Angels Network (LAN). The funding will be utilized to develop Qacco’s technology and team.
14/12/2016

FitMeIn raises pre-Series A funding from Japan’s FiNC

FitMeIn, which provides users access to fitness studios and gyms on a subsidized monthly package, has raised an undisclosed amount from Japanese digital healthcare company FiNC in pre-Series A round. The startup is an online platform that offers multi-studio membership to premium fitness workout destinations in New Delhi and Mumbai.
14/12/2016

Ad tech company Mogae Media acquires Ngage from Nimbuzz

Ad tech company Mogae Media, has acquired Ngage, the ad tech platform of Nimbuzz, in an all-stock deal valued at INR 40 crore. Ngage is a cross device ad platform and counts most large agencies like Group M, OMD, IPG and others as its clients.
14/12/2016

Real-time cardiac monitoring company ten3T raises INR 1.65 Crore from pi Ventures,others

Real-time cardiac monitoring company ten3T has raised funding from angel funds including pi Ventures to beta test its first device. Ten3T, founded by a team of physicians and biomedical engineers, builds wearable medical devices that collect and integrate medical data in real time.
14/12/2016

FITPASS raises $1 million in seed funding

All-access pass to gyms and fitness studios FITPASS has raised $1 million in a seed round from Mumbai Angels and a consortium of Delhi and Bangalore-based angel investors. The funding will be utilized to expand the assistance-oriented service segment that requires customisation and enhancement for each individual user.
14/12/2016

Pune startup Serv’d gets $1 lakh grant from Bill and Melinda Gates Foundation

Pune-based startup Serv’d, which aims to bring about financial inclusion in the unorganized sector has been given a $100,000-grant from Digital Financial Service (DFS) Lab, a fintech accelerator funded by the Bill and Melinda Gates Foundation. Serv’d is a peer-to-peer platform, a house management system, that allows users to manage […]
14/12/2016

Online freight service marketplace Comet raises funding from India Quotient,others

Mumbai-based Hyperflux Solutions Pvt Ltd, which operates Comet, an online marketplace for international freight services, has raised an undisclosed amount in a pre-Series A funding round led by early stage investment firm India Quotient.The funding will be utilized to build the team, technology and enhance market penetration.
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