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Money

Exclusive: Travelyaari’s Rao joins hands with former Ventureast exec to back startups

Tuesday, January 24, 2017 | More »

Travelyaari
A co-founder of travel portal Travelyaari and a former executive at venture capital firm Ventureast are set to launch a seed fund to invest in tech startups, people aware of the matter said. The domestic fund to be floated by Arjun Rao, who quit Travelyaari in 2015, and Vishesh Rajaram will have ini...

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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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Marketing automation startup Betaout raises investment from East Ventures, others

Betaout Inc, a customer intelligence and marketing automation platform for e-commerce companies, has raised an undisclosed amount of funding from East Ventures and other South East Asia-based angel investors. The company will use the new capital to strengthen its operations in Indonesia and other pa...

24 January, 2017 | More »

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Discovery platform NowFloats announces Series B funding from Iron Pillar, IIFL

Hyderabad-based NowFloats Technologies Pvt. Ltd, which helps local businesses create an online presence through its platform NowFloats, has announced that it has raised $10 million (Rs 73 crore) in Series B funding from venture capital (VC) fund Iron Pillar and IIFL (Seed Ventures Fund I & Cash ...

24 January, 2017 | More »

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LetsTransport raises $4 mn from GMO Venture Partners, others

Bengaluru-based Diptab Ventures Pvt. Ltd, which operates tech-enabled logistics startup LetsTransport, has raised $4 million (around Rs 27.2 crore) in its second round of funding, a top company executive told Techcircle.in. GMO Venture Partners, Neelesh Bhatnagar of NB Ventures and existing investor...

24 January, 2017 | More »

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Sports startup Khel Now raises $500K from Bangkok firm

Agnificent Platform Technologies Pvt. Ltd., which runs Khel Now, has raised $500,000 (Rs 3.4 crore) from Bangkok-based investment firm Indochine International. The company will use Indochine’s vast network of partners across the ASEAN region to grow beyond India and South Asia. It will also bring ...

24 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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Defence IoT startup CRON Systems raises funding from YourNest

Defence IoT startup CRON Systems Pvt Ltd on Monday said it raised an undisclosed amount in its pre-series A round of investment from early stage investor YourNest India Fund. CRON deploys border security solutions, some of which have also been adapted for commercial markets. The company has bagged o...

23 January, 2017 | More »

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China launches $14.6 bn investment fund to support internet companies

China has launched an investment fund worth 100 billion yuan ($14.6 billion) to support internet firms, state-run Xinhua news agency reported. The fund has already raised around 30 billion yuan from state-owned banks and companies out of which 10 billion yuan has been invested by the Industrial and ...

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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