- Recap 2016
December 29, 2016 | Reuters
China's cash-strapped LeEco said it is in talks to secure 10 billion yuan ($1.4 billion) from an unidentified strategic investor, but the announcement was seen as insufficient to dispel concern over the high-tech conglomerate's financial health.
December 29, 2016 | Disha Sharma
LetsMD, a fintech startup in the health space, has completed its angel round of investment with the participation of WaterBridge Ventures, co-founder Nivesh Khandelwal told VCCircle.
December 28, 2016 | Priya Singh
Fitness app HealthifyMe has raised $1 million (Rs 6.7 crores) from Dubai-based investor Neelesh Bhatnagar whose company NB Ventures has been actively investing in Indian startups, the company said in a statement.
December 28, 2016 | Debjyoti Roy
Venture capital investments slumped in 2016 after hitting a peak last year as investors tightened their purse strings. Both the volume and value of VC deals declined sharply, reflecting the slowdown in private investments.
December 28, 2016 | Shruti Jain
Online event-booking platform BookEventZ has raised an undisclosed amount in pre-series A funding from Lead Angels, Mumbai Angels and LetsVenture.
December 27, 2016 | Debjyoti Roy
EcoCentric Management Pvt Ltd (ECMPL), a Mumbai-based e-waste management firm, has raised its first round of growth capital from a couple of high net worth individuals (HNIs), a top company executive told News Corp VCCircle.
December 27, 2016 | Disha Sharma
E-commerce startup 10i Commerce Services Pvt. Ltd has raised $5 million (Rs 33.9 crore) more in investment from Infosys co-founder Nandan Nilekani, according to a report by a financial daily on Tuesday.
December 26, 2016 | Swet Sarika
Campus Students Communities Pvt. Ltd (CSC), a Bengaluru-based company that provides student housing under the Campusville brand, has raised Series A funding from an institutional investor, a senior executive of the company told VCCircle.
December 26, 2016 | Disha Sharma
Video streaming platform Dekkho, run by Baadl Technologies Pvt Ltd, has raised $1.2 million (Rs 8.1 crore) from seven angel investors in its seed round of investment. The startup did not reveal the names of these investors.
December 25, 2016 | Bruhadeeswaran R
Hyperlocal logistics startup ShadowFax Technologies Pvt. Ltd has raised $10 million (Rs 68 crore) in Series B funding led by existing investor Eight Roads Ventures, an investment arm of Fidelity International Ltd.
December 23, 2016 | TEAM VCC
MyAdvo, a platform that helps clients connect with lawyers for legal help, has raised an undisclosed amount of angel funding led by Pradyumna Dalmia, co-founder of Calcutta Angels Network, and a few other investors through LetsVenture, a funding platform.
December 23, 2016 | Binu Paul
Ajay Relan, co-founder and former managing partner of CX Partners, has invested in Delhi-based compliance management software startup LexComply, the firm said in a statement.
December 23, 2016 | Arti Singh
Indore-based Shop Kirana E Trading Pvt. Ltd, which runs business-to-business (B2B) platform ShopKirana connecting individual retailers with suppliers, has raised a pre-Series A funding round from Japanese seed-stage investment firm Incubate Fund, it said in a statement.
December 23, 2016 | Varun Arora
Venture capital firm Lightbox has raised $54 million (about Rs 360 crore), expanding an existing fund as it looks to invest more in existing portfolio companies.
December 23, 2016 | Binu Paul
A cloud-based customer relationship management (CRM) product enKast, owned by Seamovation Labs Pvt. Ltd, that helps production agencies manage their model portfolio has raised $2 million from Ivy League Alumni Angel Network.
December 22, 2016 | Varun Arora
Innoplexus, Germany- and India-based consulting-led technology and product development firm focused on big data and analytics, has raised an undisclosed amount in pre-Series A funding from HCS, a Germany-based venture capital fund.
December 22, 2016 | Debjyoti Roy
Bengaluru-based salon chain Bodycraft has raised its first external round of funding to expand operations, a top company executive told VCCircle.
December 22, 2016 | Disha Sharma
Process management startup AsoCon Outsourcing India Pvt. Ltd. has raised an undisclosed amount of seed investment from early stage investment firm Quarizon.
December 21, 2016 | Binu Paul
Chennai-based E-Vegetailing Pvt Ltd, which sells fresh vegetables procured directly from farmers, has raised Rs 1.1 crore ($162,000) from The Chennai Angels.
December 21, 2016 | Shruti Jain
Mumbai-based daily consumables startup Supr Daily has raised an undisclosed amount of funding led by angel investors from Venture Catalysts such as Dr Apoorv Ranjan Sharma and Anil Jain.