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Author Archive ‘ Shruti Jain ’

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SaaS startup Loyalty Prime raises Series A funding from German investors

Software-as-a-Service (SaaS) platform Loyalty Prime has secured a Series A round of funding from a consortium of investors, including Munich-based early stage fund Senovo, Unternehmertum Venture Capital (UVC) and angel investor Alexander Bruehl, the company said in a statement on Tuesday. The compan...

24 January, 2017 | More »

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ChipperSage, Select Jobs raise funding from India Educational Investment Fund

India Educational Investment Fund (IEIF), an early-stage impact fund established by the Michael & Susan Dell Foundation (MSDF), has invested undisclosed amounts in ed-tech firm ChipperSage and job portal Select Jobs. ChipperSage Education Pvt Ltd, founded in 2009 by ex-HCL techie Latha Srinivasa...

23 January, 2017 | More »

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Ed-tech startup Cuemath secures $15 mn from CapitalG, Sequoia India

Math learning startup Cuemath on Monday said it raised $15 million (nearly Rs 102 crore) in its Series B round of funding from CapitalG (formerly known as Google Capital) and existing investor Sequoia India. Cuemath offers technology-driven after-school math learning programmes for children from KG ...

23 January, 2017 | More »

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Handicraft marketplace Direct Create raises funding

Jaipur-based Rajasthan Venture Capital Fund (RVCF) has invested an undisclosed amount in Direct Create Private Limited (DC), an online and offline B2B marketplace that brings together artisans, designers and buyers, according to a press statement. “RVCF has invested in Direct Create through its th...

20 January, 2017 | More »

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NetApp launches accelerator programme for Indian startups

US-based storage and data management company NetApp has announced its startup accelerator programme for India, Escape Velocity, which will aim to nurture technology startups in the country. Deepak Visweswaraiah, managing director, NetApp India, said Escape Velocity will help the company share its te...

19 January, 2017 | More »

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elth.ai looks to disrupt med-tech market with AI

elth.ai, owned by Bengaluru-based HCFAB Health Technologies Pvt Ltd, is an artificial intelligence-based med-tech startup that aims to solve health problem discovery and the absence of a 24×7 medical adviser. Founded by Srinath Akula, an IIM-Indore alumnus who worked with Flipkart earlier, and dent...

18 January, 2017 | More »

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Food discovery startup Ketchupp raises seed funding from India Quotient

Online food discovery platform Ketchupp has secured Rs 3 crore ($440,000) in seed funding led by early-stage investment firm India Quotient. A group of unnamed angel investors also invested in the round. The startup will use the funds to develop its technology to become a suggestion-based platform i...

17 January, 2017 | More »

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Accommodation booking platform Zolo secures $5 mn in Series A funding

Bangalore-based accommodation startup Zolo (previously known as Zelo) has raised $5 million in Series A funding led by existing investor Nexus Venture Partners. The funding round also saw participation from venture debt firm Innoven Capital. The company plans to use the raised capital to scale its s...

16 January, 2017 | More »

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SaaS startup SecurAX secures funding from Axilor, Parampara Capital

Cloud-based solutions provider SecurAX Tech Solutions (I) Pvt Ltd has secured an undisclosed amount of funding from early stage investor Axilor Ventures, Parampara Early Stage Opportunities Fund and a clutch of angel investors, a report by a financial daily on Friday stated. The Bengaluru-based comp...

13 January, 2017 | More »

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IRCTC launches revamped Rail Connect app for faster ticket booking

Indian Railways Catering and Tourism Corp. Ltd. (IRCTC), which handles online ticketing for the state-run transporter, has launched IRCTC Rail Connect, a new app for faster and easier rail ticket booking. The main highlights of the app are a simple, easy-to-use interface and features that are more m...

12 January, 2017 | More »