24/01/2017

Mobile Social Platform For Sports Khel Now Secures $500K Funding

Mobile-based social networking platform for sports, Khel Now has received $500K in funding from Thailand-based Indochine International company.The startup plans to use the funds to expand its network and services across Southeast Asian countries. The company is also planning to add sports such as tennis, basketball, badminton and Thai martial […]
24/01/2017

NowFloats raises $10 million in a Series-B round

NowFloats, a firm which helps businesses get online, has received a funding of $10 million in a Series-B round from a clutch of investors including Iron Pillar and IIFL along with Blume Ventures & Omidyar Network.The company plans to invest the money on sharpening its technology stack that drives customer […]
24/01/2017

Last-mile logistics co LetsTransport raises INR 27 cr from Japan’s GMO

Last-mile logistics provider LetsTransport has raised INR 27 crore ($4 port has raised $4 million) in a Series-A round of funding led by Japan’s payment gateway company GMO. The round also saw participation from Neelesh Bhatnagar, former CEO of Landmark Arabia. With the current round of capital,company will be building a […]
24/01/2017

Math learning startup Cuemath raises $15 mn from CapitalG and Sequoia India

Math learning startup Cuemath  raised $15 million (nearly Rs 102 crore) in its Series B round of funding from CapitalG (formerly known as Google Capital) and existing investor Sequoia India. The company said that the funds will be used to develop its learning system and to expand to more cities […]
24/01/2017

Dell Foundation-backed IEIF invests in ed-tech startup, job portal

India Educational Investment Fund (IEIF), an early-stage impact fund established by the Michael & Susan Dell Foundation (MSDF), has invested undisclosed amounts in ed-tech firm ChipperSage and job portal Select Jobs. ChipperSage Education Pvt Ltd offers English proficiency solutions that aim to improve school students’ comprehension and communication.Select Jobs, run […]
23/01/2017

MessaGif raises $50k angel funding from ex-Google exec

MessaGif Inc, a New Delhi-based social messaging platform, has raised $50,000 angel funding from a unnamed Silicon-based angel investor.The company plans to use the proceeds raised in angel round for technology, marketing and R&D.
23/01/2017

Border security startup CRON Systems secures funding from YourNest

Border security startup CRON Systems has raised an undisclosed amount in a pre-series-A round from early-stage venture capital firm YourNest. CRON Systems will use the capital for research and development and for hiring talent.
23/01/2017

Data analytics firm Connaizen raises funding from former Citigroup executive

Singapore-headquartered and Delhi-based data analytics firm Connaizen has raised an undisclosed amount in pre-seed funding from Umang Moondra, former managing director of Citigroup, Singapore.The startup is soon going live with four private banks and the money will be used to help expedite the integration.
23/01/2017

IoT startup Tyre Express raises funding from IIT Delhi and Wharton alumni back

Enterprise IoT solutions startup Tyre Express Pvt Ltd has raised an undisclosed amount in its seed round from IIT Delhi and Wharton alumni. The company is working on IoT-based solutions for vehicle diagnostics. It has developed a platform to track and monitor the performance of tyres in real-time for fleet […]
20/01/2017

O2O Deals Marketplace Little Acquires Gurugram Based Stylofie

Bengaluru-based O2O deals marketplace Little has acquired Stylofie, a curated online marketplace for salons and spas.The acquisition will enable Little to further penetrate the beauty and wellness segment.
20/01/2017

Wedding planning firm Weddingz.in raises funding from Singularity Ventures

Mumbai-based online marketplace for wedding venues and vendors, Weddingz, has raised nearly $1 million from Singularity Ventures.Existing investor Sixth Sense Ventures also participated in the round.  the company is a technology-enabled wedding planning platform that simplifies the process of finding and booking services at best prices.
20/01/2017

Indian snacks portal Native Special raises funding from IAN and Native Angels Network

Tamil Nadu-based Native Special Products Ltd, which operates Indian sweets and snacks portal Native Special, has raised an undisclosed amount of funding from Indian Angel Network (IAN) and Madurai-based Native Angels Network (NAN). Native Special will use the funds to upgrade its laboratory facilities and expand to new markets.
20/01/2017

Fitness marketplace Fitnapp raises funding from Noida-based realty developer SD Group

Delhi-based Metano Technologies Pvt Ltd, which owns and operates fitness app Fitnapp, has raised pre-series A round of funding from Noida-based realty developer SD Group. The company will use the funds to expand its online presence, enhance its marketing efforts and increase its associations and partners.
19/01/2017

O2O Ecommerce Platform Direct Create raises funding from Rajasthan Venture Capital Fund

Online-to-Offline B2B platform for handicrafts Direct Create has secured an undisclosed amount of funding from Rajasthan Venture Capital Fund (RVCF).The funding will be used to build the platform and enhance user experience. It will also be used to scale up maker and designer memberships via outreach efforts.
19/01/2017

Venture capital firm Saama raises $58 million for third fund

Saama Capital, a venture capital firm that has invested in unicorns such as Paytm and Snapdeal, has made a final close for its third fund at $58 million, or about Rs 390 crore.Saama Capital will continue its focus on the seed and series A rounds as it feels smaller fund […]
19/01/2017

Vehicle maintenance marketplace Hoopy raises angel round from a clutch of wealthy individuals

Vehicle maintenance marketplace Nephonine Solutions Pvt Ltd, which offers its services under the brand Hoopy, has raised its angel round of funding from a clutch of wealthy individuals.Hoopy has raised about $500,000 to support its expansion plans.
19/01/2017

Cleantech firm D.Light raises $10.5 mn from Norfund and others

D Light Design Inc, a San Francisco-based solar lighting and power products maker that also operates in India, has raised funding in a round led by Norwegian state-owned investment fund Norfund. It will use the capital to expand its operations and bring off-grid power to low-income families in Africa and […]
19/01/2017

Healthy snacks brand The Green Snack raises angel round from two wealthy individuals

Control Alt Foods Pvt Ltd, which markets healthy snacks under the brand The Green Snack Co, has raised its angel round of funding from two wealthy individuals.The funding will be primarily used to widen its distribution base.
19/01/2017

Fruits and vegetable retailer Freshworld raises fresh funding from a clutch of angel investors

Retailworx Pvt Ltd, which owns and operates food and vegetable retailing startup Freshworld, has raised a fresh round of funding from a clutch of angel investors.Bengaluru-based Freshworld works on a ‘farm-to-home’ concept by organising fruits and vegetables retailing through street vendors using battery-operated carts.
19/01/2017

CX Partners co-founder Ajay Relan invests in fresh produce startup

Ajay Relan, co-founder and former managing partner of private equity firm CX Partners, has made an investment in a Delhi-based fresh produce startup.
19/01/2017

Construction management platform QwikSpec raises funding from Angel investors

Cloud-based construction field inspection and asset management platform QwikSpec has raised $300,000 (Rs 2 crore) in angel funding from a veteran tech angel investor.The Bangalore-based startup will use the capital to scale up its product, apart from investing significantly in customer acquisition.
19/01/2017

PParkE raises funding from Singapore’s SB Ventures

Bangalore-based Pristech Technologies Pvt Ltd, which runs parking solutions app PParkE, has raised an undisclosed amount in seed funding from Singapore-based early-stage investment firm SB Ventures.Funds will be used to develop the product.
19/01/2017

Zeotap raises $12.8 mn from New Science Ventures and others

Bangalore- and Berlin-based mobile data startup Zeotap GmbH has raised 12 million euros in Series B funding from New Science Ventures (NSV) and Here. The company will invest the fresh capital to expand its engineering and data science team in Bangalore as well as on business development, data on-boarding, data […]
18/01/2017

IDFC Alternatives partners Parampara Capital to enter early-stage investment space

IDFC Alternatives, the private equity arm of IDFC group, is partnering with venture capital firm Parampara Capital to launch an early stage fund targeting at innovative startups.The fund, IDFC Parampara Early Stage Opportunities Fund – Series I, seeks to make Series A investments in companies across sectors where technology, intellectual […]
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