VENTURE CAPITAL

MyDentistChoice raises $150K in seed round

May 02, 2016 | Disha Sharma

MyDentistChoice, a Hyderabad based e-commerce platform for dental products, has raised $150,000 (around Rs 1 crore) in seed investment from a US-based investor, it said in a statement.

The company, however, did not reveal the name of the investor.   

Exclusive: StartupXseed backs farm data-capturing drone startup

May 02, 2016 | Manu P Toms

Chennai-based agri-tech startup Airwood Aerostructures Pvt. Ltd has raised an undisclosed amount in seed funding from StartupXseed Ventures LLP, a top executive at the venture capital firm said.

Exclusive: BCCL's Brand Capital picks stake in two Indian tech unicorns

May 02, 2016 | Anushree Bhattacharyya

Media conglomerate Bennett, Coleman and Company Ltd (BCCL) has picked a small stake in two Indian technology 'unicorns' through its ad-for-equity investment arm Brand Capital, expanding its exposure to digital business beyond its in-house arm Times Internet.

Auto maintenance marketplace MotoMojo gets angel funding

May 02, 2016 | Vijayakumar Pitchiah

MotoMojo, a mobile app-based marketplace that connects owners of two- and four-wheelers with service stations, has raised an undisclosed amount in angel funding from the founders of startup enabler VentesAvenues.

Exclusive: Healthcare app Prescribez gets seed funding

May 02, 2016 | Priya Prasad & Disha Sharma

ThingsMeet Solutions Pvt. Ltd, which owns soon-to-launch healthcare app Prescribez, has raised an undisclosed amount in seed funding from high net-worth individual and angel investor Ankush Mehta.

Crowdfunding platform Impact Guru gets seed funding

April 28, 2016 | Disha Sharma

Crowdfunding startup Impact Guru has secured $500,000 (Rs 3.3 crore) in seed funding from Singapore-based venture capital firm RB Investments and Fundnel, a Southeast Asia-based private investment platform.

Doctor consultation startup DocsApp raises $1.2M from Rebright, others

April 28, 2016 | Disha Sharma

Doctor consultation app DocsApp has secured seed investment of $1.2 million (Rs 8 crore) from investors led by Japanese venture capital firm Rebright Partners.

Early Facebook investors Anand Rajaraman and Venky Harinarayan also invested in this round, DocsApp said in a statement.

The Wedding Brigade gets pre-Series A funding from Blume Ventures

April 28, 2016 | Varun Arora

Mumbai-based Sitara Digital Ventures Pvt Ltd, which runs wedding solutions portal The Wedding Brigade, has raised Rs 4 crore (around $600,000) in pre-Series A funding led by Blume Ventures with participation of four unnamed angel investors.

Wipro Ventures invests in US-based cyber security startup Vectra

April 28, 2016 | Arti Singh

Wipro Ventures, the $100 million strategic investment arm of Wipro Ltd, has invested an undisclosed amount of funding in US-based cyber security company Vectra Networks Inc. for a minority stake.

Axilor Ventures backs emergency response app MUrgency

April 28, 2016 | Disha Sharma

MUrgency Inc., which runs an emergency response mobile app, has raised an undisclosed amount of funding from early-stage venture fund Axilor Ventures.

The funds will be used to develop the brand, recruit talent, augment technology and scale operations, it said in a statement

Nearly 1,000 Indian startups to get funded in 2016: VCCEdge

April 28, 2016 | TEAM VCC

Close to a thousand Indian startups are likely to get funded in 2016, replicating and possibly surpassing last year's record show, according to the Startup India report by VCCEdge, the data research platform of VCCircle.

Infosys invests in US analytics software firm Trifacta

April 27, 2016 | Manu P Toms

Infosys Ltd, India’s second-largest IT services exporter, has invested an undisclosed amount in Silicon Valley-based analytics software firm Trifacta.

Jabong parent raises $339M; valuation plunges

April 27, 2016 | TEAM VCC

Global Fashion Group, the parent of loss-making Indian fashion portal Jabong, has raised fresh funding from its existing investors but at a sharply lower valuation.

Exclusive: Child health tracking platform iCHR raises seed funding

April 27, 2016 | Debjyoti Roy

Integrated Child Health Records (iCHR), a digital platform that integrates child health data through cloud computing and mobility technology, has raised a seed round of funding from a Delhi-based angel investor, the company’s founder told VCCircle.

RailYatri raises funding from Nandan Nilekani, existing investors

April 27, 2016 | Varun Arora

Noida-based Stelling Technologies Pvt Ltd, the company behind RailYatri, a crowd-sourced platform that provides train-related travel information, has raised an undisclosed amount in a Series A round of funding from Infosys co-founder and former UIDAI chairman Nandan Nilekani.

Online pharmacy chain CareOnGo raises pre-Series A funding

April 27, 2016 | Joseph Rai

Careongo Technology Pvt Ltd, which runs a chain of co-branded online pharmacies, has raised an undisclosed amount in pre-Series A round of funding from Farooq Oomerbhoy of FAO Ventures and a group of other investors.

Micro-delivery startup Milkbasket raises $500K from EVC, others

April 26, 2016 | Nishant Sharma

Gurgaon-based Aaidea solutions Pvt. Ltd, which runs micro-delivery grocery startup Milkbasket, has raised $500,000 (Rs 3.3 crore) in a pre-Series A funding round led by venture capital firm EVC Ventures.

ClearTax raises angel funding from PayPal's Max Levchin, Silicon Valley investors

April 26, 2016 | Priya Prasad

Defmacro Software Pvt Ltd, which runs income tax returns e-filing platform ClearTax, has secured $1.3 million (around Rs 8.6 crore) in angel funding from Silicon Valley investors, including PayPal co-founder Max Levchin.

Fashion app Roposo gets $5M in Series B funding from Bertelsmann investment arm

April 26, 2016 | Vijayakumar Pitchiah

Gurgaon-based Relevant e-solutions Pvt. Ltd, which runs fashion discovery app Roposo, has raised $5 million (around Rs 34 crore) in the second leg of its Series-B round from Bertelsmann India Investments (BII).

Fintech startup TranServ raises $15M from IDFC fund, Micromax

April 26, 2016 | Disha Sharma

Digital payments firm TranServ Pvt Ltd has raised $15 million (Rs 100 crore) in its Series C round of investment led by venture capital fund IDFC SPICE and consumer electronics maker Micromax Informatics Ltd.

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