Blume Ventures, Freshdesk's Mathrubootham back mobile repair firm iService

January 13, 2017 | Varun Arora

Bengaluru-based ServiceMonk Technologies Pvt Ltd, which operates gadget repair startup iService, has raised Rs 3 crore (about $440,000) in seed funding led by Blume Ventures.

Vividhity Ventures backs product discovery platform PaisaWapas in angel round

January 12, 2017 | Dearton Thomas Hector

Bengaluru-based Nxtify Technologies Pvt Ltd, which runs deal discovery and cashback platform PaisaWapas, has secured an undisclosed amount of funding led by Vividhity Ventures, co-founder and chief executive officer Shankar Kotuli told Techcircle.

Deutsche Telekom's venture fund leads $4.1 mn round in Roambee

January 12, 2017 | Dearton Thomas Hector

Mumbai and Silicon Valley-based Roambee Services India Pvt Ltd, which runs logistics solutions provider Roambee, has raised $4.1 million in a Series B round of funding, co-founder and chief executive Sanjay Sharma told Techcircle.

Training simulator maker Skillveri raises Series A round

January 12, 2017 | Debjyoti Roy

Skillveri Training Solutions Pvt Ltd, a Chennai-based training simulator maker, has raised Rs 8 crore ($1.1 million) in its Series A round of funding led by global philanthropic organisation Michael and Susan Dell Foundation, the company's chief executive told VCCircle.

Ixigo buys Rebright and Sol Primero-backed music discovery app Reach

January 11, 2017 | Varun Arora

Travel search engine ixigo has acqui-hired mobile content sharing app Reach, the firm said in a statement. The financial terms of the deal are not disclosed.

IDG Ventures backs mobile app management platform

January 11, 2017 | Dearton Thomas Hector

Bengaluru-based Hansel Software Pvt. Ltd, which operates real-time mobile app management platform, has raised $1.35 million (around Rs 9.2 crore) in a funding round led by IDG Ventures, it said in a statement.

Existing investor Endiya Partners also invested in the round.

Online VC platform Globevestor, others back InstaOffice

January 10, 2017 | Dearton Thomas Hector

Gurgaon-based InstaOffice Business Solutions Pvt. Ltd, which runs a chain of business centres and co-working spaces, has raised an undisclosed amount of funding in a pre-Series A round led by online venture capital platform Globevestor, it said in a statement.

Exclusive: Medinfi Healthcare gets $100K more from angel investors

January 10, 2017 | Varun Arora

Bengaluru-based Medinfi Healthcare Pvt Ltd, a platform for searching doctors and hospitals through web and mobile app, has raised $100,000 (Rs 68 lakh) in its sixth round of angel funding.

Exclusive: Vedanta Capital leads seed round in fintech firm Loan Frame

January 10, 2017 | Dearton Thomas Hector & Disha Sharma

Gurgaon-based fintech startup Loan Frame Technologies Pte Ltd has raised $2.25 million (Rs 15.3 crore) in seed investment led by Parag Saxena of Vedanta Capital, a top company executive told Techcircle.

Exclusive: Aavya Ventures of US backs driving school aggregator Drivekool

January 10, 2017 | Binu Paul

Bangalore-based online marketplace for driving schools, Drivekool, has raised an undisclosed amount in angel funding from US-based Aavya Ventures.

Mayfield, Trifecta infuse $5 mn in e-surveillance firm Securens

January 10, 2017 | Arti Singh

Mumbai-based e-surveillance services provider Securens Systems Pvt Ltd has raised around $5 million (Rs 35 crore) from existing investor Mayfield India and venture debt provider Trifecta Capital, according to a media report on Tuesday.

BlackSoil Capital backs Intelligence Node in its third venture debt deal

January 09, 2017 | Priya Singh

New Enterprise Associates (NEA) and Orios Venture Partners-backed retail analytics provider Intelligence Node Consulting Pvt. Ltd has raised $0.75 million (Rs 5 crore) from BlackSoil Capital Pvt Ltd, a Mumbai-based specialised non-banking financial company (NBFC).

YourNest-backed GolfLAN makes second acquisition in 6 months

January 09, 2017 | Disha Sharma

Delhi-based golf course aggregator GolfLAN has acquired its Singapore-based competitor GolfGreedy in a part-cash, part-stock deal, the company said in a statement on Monday.

Former Dr. Reddy's exec-led Slayback Pharma raises $60 mn from KKR

January 09, 2017 | Joseph Rai

Slayback Pharma, LLC, a privately held pharmaceutical company founded by a former executive of Indian drugmaker Dr. Reddy's Laboratories Ltd, has raised $60 million (around Rs 400 crore) from global investment firm KKR, it said in a statement.

Ronnie Screwvala ups stake in Lenskart, invests $3.5 mn more

January 09, 2017 | Varun Arora

Media entrepreneur-turned-investor Ronnie Screwvala’s Unilazer Ventures has invested Rs 24 crore ($3.5 million) in eyewear retailer Lenskart Solutions Pvt Ltd through a secondary transaction, a media report said.

Software products firm Zoho invests $10 mn in five startups

January 06, 2017 | Shruti Jain

Enterprise tech firm Zoho has invested around $10 million (almost Rs 68 crore) in five startups, including machine-vision company Zentron Labs and medical devices maker vTitan, according to a media report on Friday.

Supply chain solutions firm LEAP India raises another $13 mn

January 06, 2017 | Debjyoti Roy

LEAP India Pvt Ltd, a Mumbai-based supply chain solutions company, has raised Rs 88.34 crore ($13 million) in its Series B round of funding from a clutch of new and existing investors, a financial daily reported on Friday.

Exclusive: Kitara Capital spends $18.5 mn bottom-fishing listed firms

January 05, 2017 | Debjyoti Roy

Mumbai-based private equity firm Kitara Capital Pvt Ltd, which invests mainly in publicly listed companies, has used part of the capital it raised recently to increase its stake in some existing portfolio firms, regulatory filings show.

New York-based DanGold Investment backs dental care startup MobiDent

January 05, 2017 | Binu Paul

Bangalore-based dental care startup MobiDent has raised an undisclosed amount in pre-Series A funding from New York-based DanGold Investment Corp.

Apple to invest $1 bn in SoftBank Vision Fund

January 05, 2017 | Disha Sharma

Apple Inc. is investing $1 billion in SoftBank Corp’s $100-billion tech fund, according to a report in a major international daily.