01/12/2016

Digital healthcare company Sidqam Technologies raises $ 1.2 Million funding

Noida-based digital healthcare company Sidqam Technologies has raised seed funding led by SQue Capital, a Mumbai-based investment firm. Grace Capital Ventures and Soham Vencaps, the family fund of the realestate company Soham Group also participated in the round. The funding will be utilized to expand services beyond the NCR market, […]
01/12/2016

Infuse Ventures, Ankur Capital back thermal-energy storage startup Tessol

Infuse Ventures, an early-stage sustainability and clean-tech fund associated with IIM Ahmedabad’s tech incubator Centre for Innovation Incubation and Entrepreneurship (CIIE) along with Ankur Capital has invested an undisclosed amount in a Series-A funding round in cold chain technology company TESSOL. The funding will be utilized to expand sales and […]
01/12/2016

Student-focused social networking app Pulse raises funding from SAIF Partners

Pulse, a social networking app that enables users to stay connected with their college or school communities, has raised $500,000 in funding from venture and growth capital fund SAIF Partners.The funding will be utilized to expand presence to cities such as Pune, Bengaluru, Mumbai, Chandigarh, Manipal, Chennai and Hyderabad, and […]
01/12/2016

Emotion recognition startup Entropik raises seed funding

Machine learning startup Entropik Technologies Pvt Ltd, which recognises emotions to help companies understand consumer behaviour, has raised $200,000 from two individual investors.The startup raised the funding from Dileep Bhatt, president of downstream operations at JSW Steel Ltd, and Milind Chaudhary, director of Sea Global Services Pvt. Ltd. The funding […]
01/12/2016

Accel Partners raises $450 mn in fifth Indian venture capital fund

Venture capital firm Accel Partners has raised $450 million under a new fund to make seed and early-stage investments in Indian startups. The new capital will be dedicated exclusively to invest in seed and early stage startups in the country.
01/12/2016

Jungle Ventures makes final close of second fund at $100 Million

Singapore-based early-stage investor Jungle Ventures, which has Tata Sons Ltd’s interim chairman Ratan Tata as an adviser, has closed its second venture fund at $100 million. The new fund will primarily invest in Series A and Series B rounds in tech startups in Southeast Asia. It will also look at […]
01/12/2016

Vendor platform TheVetted raises funding from Kae Capital, others

Vendor collaboration platform TheVetted has raised about $500,000 in seed funding from early-stage investment firm Kae Capital and other investors. Angel investor and former Facebook general counsel Rudy Gadre and a few serial entrepreneurs in the US also participated in this round. TheVetted, run by California-based Vetted Inc, removes friction […]
30/11/2016

Indian cricketer Mohit Sharma backs Noida based startup for artists Crossahead

Crossahead, a social networking-based discovery platform for artists, has raised an undisclosed amount of funding from Indian cricketer Mohit Sharma. Founded in July 2015 it is a web-based social networking platform where potential customers can interact with professional artists based on their geographical location and requirements.
30/11/2016

Food-tech startup MonkeyBox raises funding from Blume Ventures

Bengaluru-based MonkeyBox Food Tech Pvt Ltd, which delivers healthy food for children, has raised an undisclosed amount in seed investment from early stage investor Blume Ventures and a clutch of high net-worth individuals (HNIs).The funding will be utlizedfor setting up of kitchen.The startup provides healthy vegetarian meals that are designed […]
30/11/2016

SaaS based corporate training startup HandyTrain raises $1 Million funding

Mobile-based SaaS platform HandyTrain has raised around $1 million in funding from Silver Range Investments,Hong Kong, Lumina Datamatics and Shun Yoshida, Managing Director, Merrill Lynch, Tokyo and other angel investors.Founded in 2015 and incubated at Prototyze, the startup is a mobile platform for corporate training that claims to slash cost […]
30/11/2016

AI startup MarianaIQ raises $2 Million funding

Exfinity Venture Partners, where former Infosys executives V Balakrishnan and Mohandas Pai are partners, led a $2-million seed-financing round in Indo-US artificial intelligence startup MarianaIQ.The company was setup in Delaware, US, in 2013, with the vision of building a business in apply ing artificial intelligence in business-to-business marketing.
30/11/2016

Dairy startup Osam raises Series B round from Lok Capital, Aavishkaar

HR Food Processing Pvt Ltd, which manufactures and markets dairy products under the brandname Osam, has raised INR 45 crore in its Series B round of funding. The funding will be utilized to expand production capacity and enhance distribution outreach into neighbouring districts in Jharkhand and Bihar.
30/11/2016

Omni-channel shopping firm ShopsUp raises seed funding

Bengaluru-based HyperKonnect Technolgies Pvt Ltd, which owns shopping app ShopsUp, has raised seed funding of $1 million from two individual investors. The investors who participated in this round of funding include Yang Shu, former president and Southeast Asia CEO of Huawei Technologies Co. Ltd and VRL Logistics Ltd’s managing director […]
30/11/2016

Social impact fund Menterra backs ed-tech firm Math Buddy

Math Buddy, a Vadodara-based online math learning startup, has raised an undisclosed amount of seed investment from Menterra Social Impact Fund. The funding will be utlized to expand to low-income schools in India and strengthen teacher engagement and training.
30/11/2016

Fintech startup Affordplan raises $3 Million from Prime Venture Partners and Kalaari Capital

Affordplan, a Delhi-based fintech startup that makes healthcare services accessible through planned savings for non-emergency treatments, raised $3 million (Rs 20 crore) in Series A round from venture capital firms Prime Venture Partners and Kalaari Capital. The funding will be utilized to expand to three other cities and build the […]
29/11/2016

Online travel search marketplace ixigo to raise $10 Million from Sequoia

Online travel search marketplace ixigo is raising $10 million in fresh equity funding from Sequoia Capital India. Unlike OTA’s which provide their own deals on flights and hotels, ixigo works as a price comparison engine aggregating deals from over 25,000 online and offline travel providers.
29/11/2016

QSR Chai Thela raises INR 1.5 crore from Quarizon

Chai Thela, a hybrid format of street food outlets and organised sector’s quick-service restaurant, has raised funding from micro-venture capital firm Quarizon in its pre-Series-A round. The startup focuses on providing hygienic tea and snacks by targetting the office and commercial area hubs and the major part of customers are […]
29/11/2016

B2B e-commerce firm Wholesalebox raises pre-Series A funding

Wholesalebox, a Jaipur-based B2B wholesale e-commerce firm, has raised $2 million (INR 13 crore) in a pre-Series A round from a group of angel and institutional investors. Manish Maheshwari, CEO of Network 18 Digital and Contrarian Vriddhi Fund are among the investors that participated in this round. The funding will […]
29/11/2016

Former Goldman Sachs exec’s e-commerce startup Indofash raises funding

Bengaluru-based ethnic wear marketplace Indofash Ethnic Pvt Ltd has raised INR 1 crore ($146,000) in funding from two angel investors – Shekhar Sahu and Nitesh Pant, co-founders of telemedicine company HealthcareMagic.Indofash is an online platform for ethnic women’s wear, kids’ wear, home décor and jewellery. The company claims it gets […]
28/11/2016

Rewards app Kloseby raises seed funding

Rewards app Kloseby has raised $100,000 (around INR 68 lakh) in seed investment from an undisclosed investor. The funding will be utilized to build technology and hardware, and expand the tech team. The firm also plans to invest in user acquisition for mobile app on the business to consumer (B2C) […]
28/11/2016

Device management platform Servify raise funding from Beenext, Blume Ventures and others

Servify, a platform that works as a personal assistant to electronic gadgets and appliances, has raised an undisclosed amount in its pre-Series A round of funding from Beenext, and existing investors Blume Ventures and two German firms— Barkawi Holdings GmbH and TM Service Technology Holdings GmbH. Founded in 2015 Servify, […]
28/11/2016

Career advice platform TapChief raises funding from Paytm, TaxiForSure’s founder

Bengaluru-based TapChief, owned by Pilani Experts Technology Labs Pvt Ltd, has secured an undisclosed amount of funding from Paytm, TaxiForSure’s Aprameya Radhakrishna, Fisdom’s Subramanya Venkat and Nu Ventures’ Venk Krishnan.The funds will be utilized  to develop a ‘coach model’ which is a structured programme that connects users with experts.
28/11/2016

Education loans firm Shiksha raises funding from Michael & Susan Dell Foundation, Aspada

Chennai-based school financing company Shiksha Financial Services India Pvt Ltd has raised $1 million from The Michael & Susan Dell Foundation along with  Aspada Investment Company. The funding will be utilized to strengthen technology backbone, launch more products and expand into newer markets. This investment will enable the organisation to […]
28/11/2016

Ideal Insurance’s upcoming online platform raises funding from Ex-Just Dial CTO’s Xelpmoc

Kolkata-based insurance broking firm Ideal Insurance is all set to launch an online insurance platform christened 121Policy that will primarily focus on health insurance. The company has raised an undisclosed amount from former Just Dial chief technology officer Sandipan Chattopadhyay’s technology incubator Xelpmoc.121 Policy will primarily focus health insurance. It […]
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