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Startups

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 »

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Why high-paying Indian startups are cutting no ice with job-seekers

For 31-year-old Puneet Parthasarthy (name changed), it was a dream job. His employer, a B2B tech startup, had deep-pocketed investors, and it was offering him a designation and compensation that could give many around him a strong bout of jealousy. It was a neat corporate job with “some hectic day...

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 »

startup-data-9

Weekly roundup on startup funding

In the week gone by, 19 startups received angel/seed and venture capital. Among the top deals, Bengaluru-based Delightful Gourmet, which runs online meat selling platform Licious, raised $10 million in its Series B round of funding from Sistema Asia Fund and others while recruitment solutions provid...

6 March, 2017 | More »

facebook

CherishX, Touchkin and mShipper selected for Facebook’s FbStart programme

Social media giant Facebook has selected express delivery platform mShipper, healthcare firm Touchkin and dating experiences platform CherishX for its FbStart programme, the companies told VCCircle. The startups will receive up to $40,000 from Facebook and its 30 partners, including Amazon, UserTest...

6 March, 2017 | More »

Ajay-Shrivastava

Cloud telephony firm Knowlarity hires former OYO Rooms exec as CTO

Cloud telephony firm Knowlarity has appointed former OYO Rooms executive Ajay Shrivastava as its chief technology officer, a statement issued by the company stated. In his previous role, Shrivastava led the technology vertical at the budget accommodation aggregator. He has also previously worked at ...

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 »

Pooja-Khandelwal-01

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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Exclusive: HR solutions platform Tydy raises $275K from angel investors

Bangalore-based employee onboarding and engagement platform Tydy has raised $275,000 in angel investment from a group of individuals, including existing investor Bhupen Shah, former co-founder of Sling Media. Others who also invested in the firm are Jayesh Parekh, managing partner at Jungle Ventures...

2 March, 2017 | More »