Analjit Singh firm Max Ventures backs Falguni Nayar's e-comm venture Nykaa

December 09, 2016 | Debjyoti Roy

Max Ventures and Industries Ltd, part of industrialist Analjit Singh’s Max Group, said on Friday a unit has acquired a 1.99% stake in online beauty essentials retailer Nykaa. 

The stake was bought by wholly owned subsidiary Max I. Ltd, the company said in a stock-exchange filing. 

Exclusive: Ecolibrium Energy raises fresh funding from existing investor

December 09, 2016 | Debjyoti Roy

Ecolibrium Energy Pvt. Ltd, an energy management solutions provider, has raised a fresh round of funding from one of its existing investors, a person privy to the development told VCCircle.

Exclusive: Venture Catalysts backs automobile servicing platform GoMechanic

December 08, 2016 | Disha Sharma

Automobile servicing platform GoMechanic, run by Targetone Innovations Pvt. Ltd., has raised $250,000 (nearly Rs 1.68 crore) in funding from seed investment and innovation platform Venture Catalysts.

Exclusive: Crowdfunding platform 1crowd to float maiden seed fund

December 08, 2016 | Ranjani Raghavan

Equity crowdfunding platform 1crowd is in talks with investors to float its first seed fund, a top company executive told VCCircle, as it looks to expand its exposure to early-stage ventures.

Exclusive: Former Nokia executive backs spacetech startup Astrome

December 08, 2016 | Disha Sharma

Space technology company Astrome Technologies Pvt. Ltd, is in talks to raise a pre-Series A round of funding from a clutch of investors in the next couple of weeks.

Naspers-owned PayU leads Series A round in ZestMoney

December 07, 2016 | Dearton Thomas Hector

Chalk Farm Ventures Pvt. Ltd, which runs consumer lending startup ZestMoney, has raised $6.5 million (Rs 44 crore) in a Series A round of funding led by Naspers-owned online payments firm PayU. 

Exclusive: Calcutta Angel Network, Appliyifi back automobile IoT firm Vehico

December 07, 2016 | Binu Paul

Bengaluru-based Vehico that develops Internet of Things (IoT) solutions for the automobile industry has received an undisclosed amount of angel investment from Calcutta Angel Network and Appliyifi, an online platform for startup investments.

Fintech firm WealthApp raises angel funding

December 07, 2016 | Dearton Thomas Hector

Bengaluru-based online investment advisory startup WealthApp Financial Advisors Pvt Ltd has secured Rs 3 crore ($440,000) in angel funding from investors including NuVentures managing partner Venk Krishnan and Daksh eServices co-founder MJ Aravind.

Exclusive: Haresh Chawla, Ronnie Screwvala back AI startup

December 06, 2016 | Arti Singh

Bengaluru-based artificial intelligence startup has raised Rs 3 crore in a new round of funding led by Haresh Chawla, a partner at India Value Fund Advisors (IVFA).

Exclusive: Currae Healthtech Fund, others invest in health-tech startup THB

December 06, 2016 | Joseph Rai

Clinical research and data analytics company THB has closed a seed funding round led by former executive of Nokia Ajith Sukumaran and Apoorva Patni-led early stage fund Currae Healthtech Fund, a top company executive told VCCircle without disclosing the amount.

Jupiter Capital-backed urDoorstep raises $1.4 mn in bridge round

December 05, 2016 | Binu Paul

Raising its second bridge round in six months, Bengaluru-based online hypermarket operator urDoorstep Eretail Pvt. Ltd has secured $1.4 million (Rs 10 crore) in funding.

Exclusive: Kaar Technologies hires banker to raise funds for expansion

December 05, 2016 | Swet Sarika

Kaar Technologies India Pvt. Ltd is looking to raise funds for expansion in the key US market and ramp up its product offerings, as the Chennai-based software services firm diversifies after establishing its presence in West Asia and Europe. parent Info Edge invests afresh in Diro Labs

December 05, 2016 | Disha Sharma

Hiring portal’s parent Info Edge (India) Ltd has invested an additional Rs 1 crore (roughly $147,000) in contacts management startup Diro Labs, the company said in a stock exchange filing.

In Charts: How India’s software services exports grew in recent years

December 05, 2016 | Keshav Sunkara

India’s software services exports have been growing over the years but there have been some reasons to worry of late. 

Exclusive: Grace Capital Ventures backs bike rental firm ONN Bikes

December 05, 2016 | Priya Prasad

Mumbai-based bike rental startup ONN Bikes has secured an undisclosed amount of seed funding from Grace Capital Ventures and four other individual investors. 

Exclusive: Food delivery firm Mr. Hot Foods raises funding

December 05, 2016 | Disha Sharma

Food delivery startup Mr. Hot Foods Pvt. Ltd has raised an undisclosed amount of seed funding from angel investor Pawan Raj Kumar through the IvyCamp platform, a top company executive told VCCircle.

Franchise India invests in logistics app TYGR

December 02, 2016 | Dearton Thomas Hector

Kolkata-based Savetur Digital Pvt Ltd, which runs logistics app TYGR, has secured a pre-Series A round of funding worth $3 million (around Rs 20.4 crore) from Franchise India, it said in a statement.

Exclusive: Hiring startup Badiyajobs charts growth plan after fundraise

December 02, 2016 | Varun Arora

New Delhi-based APN Recruitment Solutions Pvt Ltd, the company that runs and operates, is planning to expand its footprint into new territories and hire aggressively after raising $100K in funding from IIT-Madras alumni in April.

Core Diagnostics raises $12 mn from Eight Roads Ventures, others

December 02, 2016 | Joseph Rai

Core Diagnostics Pvt Ltd, which provides specialised diagnostics services, said it has raised $12 million (Rs 82 crore) from private equity firm Eight Roads Ventures and US-based F-Prime Capital Partners.

SaaS platform for corporate training HandyTrain bags $1 mn funding

December 01, 2016 | Dearton Thomas Hector

Goa-based Handy Training Technologies Pvt Ltd, which owns HandyTrain, a Software-as-a-Service (SaaS) platform on mobile, has secured $1 million from various investors, according to a company press statement.