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Money

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IDG Ventures, Dell Foundation back logistics marketplace Blowhorn

Bangalore-based Catbus Infolabs Pvt. Ltd, which operates intra-city logistics startup Blowhorn, has raised Rs 25 crore ($3.65 million) in Series A funding from IDG Ventures India, Michael & Susan Dell Foundation, and existing investors Draper Associates and Unitus Seed Fund, it said in a stateme...

7 March, 2017 | More »

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Blockchain-enabled gifting platform Easter Egg raises $400K seed investment

Easter Egg, a blockchain-enabled gifting platform, has raised $400,000 in its initial round of funding from Singapore-based early stage investment firm Wealthy Ideas, a company executive told VCCircle. The startup will use the funds to expand to other geographies, Easter Egg’s co-founder and chief...

7 March, 2017 | More »

Data Resolve

Cybersecurity startup Data Resolve raises $1 mn from IDFC-Parampara fund

Noida-based Data Resolve Technologies Pvt. Ltd, which runs cybersecurity and cyber intelligence startup Data Resolve, has raised over $1 million from IDFC Parampara Early Stage Opportunities Fund, said a company statement. The company will use the funds to expand its sales and tech teams, expand acr...

7 March, 2017 | More »

Star India makes strategic investment in media tech startup Zapr

Star India makes strategic investment in media tech startup Zapr

21st Century Fox-owned broadcaster Star India Pvt Ltd has picked up a minority stake in Bangalore-based media tech company Zapr Media Labs, a press statement issued by the firm stated. The two companies will be working together to create technology to help brands better understand mobile audiences, ...

7 March, 2017 | More »

PICKmE

Exclusive: Gadget repair service PICKmE secures $1.79 mn from SIDBI VC

Mumbai-based PICKmE e-Solutions India Pvt Ltd has raised Rs 12 crore ($1.79 million) from SIDBI Venture Capital Fund, according to a filing with the Registrar of Companies. SIDBI has bought 30,133 shares at Rs. 3,982.34 apiece. The gadget insurance and repair services startup will use the capital fo...

6 March, 2017 | More »

SummerLabel

Fashion discovery platform SummerLabel raises seed funding

Gurgaon-based fashion and lifestyle discovery platform SummerLabel has raised Rs 1 crore ($150,000) in seed funding from a clutch of high net worth individuals, the company said in a press statement. Aneesh Seth, director at web development firm 23bytes, and Tushar Mittal, founder of design studio F...

6 March, 2017 | More »

L to R: Kris Gopalakrishnan, Chairman, Axilor Ventures and Sudhir Sethi, Chairman, IDG Ventures India

IDG Ventures and Axilor Ventures partner to fund frontier tech startups

India-focused technology venture capital fund IDG Ventures India and Bangalore-based startup accelerator Axilor Ventures have come together to launch a programme to discover and fund early-stage startups in frontier tech sectors, the company said in a statement. Christened the Frontier Tech Innovato...

6 March, 2017 | More »

OhoShop

BCCL invests $1 mn in m-commerce enabler OhoShop

Media conglomerate Bennett, Coleman and Company Ltd (BCCL) has invested Rs 6.7 crore ($1 million) in software-as-a-service (SaaS) based m-commerce enabler OhoShop mCommerce Pvt. Ltd, according to a press statement. Ahmedabad-based OhoShop, which also makes affordable mobile apps and websites for sma...

3 March, 2017 | More »

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Exclusive: Ed-tech startup Nactus raises angel funding

Jaipur-based ed-tech startup Nactus India Services Pvt Ltd has raised an undisclosed amount from a group of angel investors, said Rohit Dusad, co-founder and CEO, Nactus. The round saw investments by Sandeep Aggarwal, managing director, Nomura; Gautam Chhaochharia, head of India, research, UBS; and ...

3 March, 2017 | More »

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Sticker search app Emojifi raises angel funding

Emojifi, an app that provides live emoji, sticker and graphics interchange format (GIF) suggestions based on the typed words across chat platforms, has raised angel funding from two Hyderabad-based unnamed angel investors, it said in a statement. The capital will be used for marketing and enhancing ...

3 March, 2017 | More »