Venture Catalysts backs business communication app AppSay

July 29, 2016 | Disha Sharma

Business communication platform AppSay, which is operated by Custmore Interactive Solutions Pvt. Ltd, has raised $150,000 (Rs 1 crore) in its first round of funding from seed investment firm Venture Catalysts, it said in a statement.

Exclusive: Swastika Company backs on-demand laundry startup HelloDhobi

July 29, 2016 | Vijayakumar Pitchiah

Pune-based HelloDhobi Dry-Cleaners Pvt. Ltd, which operates on-demand laundry startup HelloDhobi, has raised an undisclosed amount in angel funding from Hong Kong-based investment firm Swastika Company Ltd and some Mumbai-based affluent individuals, a top company executive told VCCircle.

Exclusive: Kris Gopalakrishnan, Saha Fund back social marketplace GoCoop

July 28, 2016 | Disha Sharma

GoCoop Solutions and Services Pvt. Ltd, which runs social marketplace for cooperative enterprises, has received investment worth $830,000 from former Infosys vice-chairman Kris Gopalakrishnan and Saha Fund, according to its filing with the Registrar of Companies (RoC).

Maple Capital invests in B2B commerce platform MaxWholesale

July 28, 2016 | Nishant Sharma

Delhi-based B2B commerce and supply chain platform MaxWholesale has raised a seed round of funding led by investment bank Maple Capital Advisors.

The firm has raised around Rs 1 crore (around $150,000), Samarth Agrawal, co-founder of MaxWholesale, told VCCircle.

Heath content platform Modasta raises $1.5 mn

July 28, 2016 | Varun Arora

Bangalore-based Tasman Drive Software Pvt. Ltd venture, which operates health content portal Modasta, has raised $1.5 million (Rs 10 crore) in funding from a consortium of Mauritius-based high-net-worth individuals (HNIs).

GHV partners with Forbes Japan editor-in-chief to launch $52 mn VC fund for Indian startups

July 28, 2016 | Nishant Sharma

Gurgaon-based startup accelerator GreenHouse Ventures (GHV) has partnered with Makoto Takano, editor-in-chief of Forbes Japan and former president of PIMCO Japan Ltd, to launch a Rs 350 crore (around $52 million) fund for early stage Indian startups. 

Ankur Capital invests under $100K in Suma Agro

July 28, 2016 | Debjyoti Roy

Mumbai-based impact investor Ankur Capital has invested Rs 60 lakh ($89,000) in Suma Agro, a Chennai-based sustainable agro-input firm. This is the fifth investment by Ankur Capital so far from its Rs 40 crore maiden fund.

AI startup Mezi raises $9 mn in Series A from Saama Capital, American Express Ventures & others

July 27, 2016 | Priya Prasad

Artificial intelligence chatbot shopping app Mezi, operated by Mez Mobile Inc., has raised $9 million (Rs 60 crore) in Series A funding from Saama Capital, American Express Ventures and existing investor Nexus Venture Partners.

Exclusive: Fashion styling app IStyleYou gets funding from actor Rannvijay Singh

July 27, 2016 | Nishant Sharma

Actor and television host Rannvijay Singh has invested in fashion styling app IStyleYou, a top company executive told VCCircle.

IAN backs online platform for long stays Square Plums

July 27, 2016 | Varun Arora

Bangalore-based Urban Stay Technologies Pvt. Ltd, the company which runs and operates co-living platform for long stays Square Plums, has raised Rs 3 crore ($450,000) in funding from Indian Angel Network (IAN).

Hyderabad-based tech startup Byndr raises $700K in seed funding

July 27, 2016 | PTI

Mobile learning management platform Byndr today said it has raised USD 700,000 (Rs 4.70 crore) in seed funding from Education Design Studio (accelerator at the University of Pennsylvania), Ben Franklin Technology Partners and a group of angel investors.

Exclusive: Deep Chand Dialysis Centre in talks to raise Series B round

July 26, 2016 | Joseph Rai & Ranjani Raghavan

DCDC Health Services Pvt.

Student deals platform BigDeal raises funding from EVC Ventures

July 26, 2016 | Nishant Sharma

Delhi-based student deals platform BigDeal has raised a seed round of funding from EVC Ventures, a person privy to the development told

The startup raised around $100,000 in the round, led by Anjli Jain, managing partner, EVC Ventures, the person said. 

Exclusive: Agriculture supply chain startup Lemon Leaf raises angel funding

July 26, 2016 | Debjyoti Roy

Delhi-based RP2 Ventures Pvt. Ltd, which runs fresh fruit and vegetable supply chain venture Lemon Leaf, has raised its first round of external funding from two angel investors, a top company executive told VCCircle.

Workspace aggregator Qdesq raises angel funding for expansion

July 25, 2016 | Arti Singh

Branded workspace aggregator Qdesq Realtech Pvt Ltd has raised an undisclosed amount of funding from a clutch of investors, including Jai Drinks Pvt. Ltd director Anuraag Jaipuria, Jaipuria Beverage and Food Pvt.

Amazon-backed QwikCilver raises $10 mn from Sistema, Accel India and others

July 25, 2016 | Binu Paul

QwikCilver Solutions Pvt. Ltd, which owns and operates Bangalore-based gift card provider by the same name, has raised $10 million (Rs 67 crore) led by Sistema Asia Fund.

Byju's set to raise $50 mn for international expansion

July 24, 2016 | Manu P Toms

Ed-tech company Think & Learn Pvt Ltd announced on July 24 that it is set to raise $50 million that will be used for inorganic growth through global acquisition and international expansion of its online test preparation platform Byju’s Learning App.

Exclusive: Byju's close to raising up to $50 mn from new set of investors

July 23, 2016 | Manu P Toms

Test preparation course provider Byju's Classes, incorporated as Think & Learn Pvt. Ltd, is about to close a fresh round worth $25-50 million in the next three weeks for its international expansion.

Exclusive: Be Well Hospitals to raise fresh funds to fuel expansion

July 22, 2016 | Joseph Rai

Song Investment Advisors-backed secondary care hospital chain Be Well Hospitals is looking to raise Rs 100 crore through a fresh round of funding. The fund raised will be used to fuel its expansion into territories outside of Tamil Nadu, the solo state it has so far been present in.

Jupiter Capital-backed Urdoorstep raises bridge round

July 22, 2016 | Vijayakumar Pitchiah

Bangalore-based online hypermarket operator Urdoorstep Eretail Pvt. Ltd has raised $300,000 (Rs 2 crore) in a bridge round of funding from CP Murali, former chief operating officer of US-based telecom software firm Aricent Inc.