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India funding Roundup: Electronics and motorbike provider structures, private assistants, and greater

India Funding Roundup: Electronics and Bike Service Platforms, Personal assistants, and More

Our trendy investment roundup compiles early and late level investments in Indian startups withcommercial enterprise fashions centred round non-public assistant apps, logistics, media streaming,actualestate, in addition to motorbike and electronics provider systems.

Haptik
private assistant app Haptik introduced Tuesday that it had raised an undisclosed sum in its collection Bround from times internet. based in 2013 through Aakrit Vaish and Swapan Rajdev, the startup stated that it processes over half one million requests in keeping with month, out of which 25 percentage arecompleted using artificial intelligence. The budget might be used for product development, improvingsynthetic intelligence skills and enterprise operations, the startup stated.

(additionally study: Roundup: Indian Apps to Outsource Your regular tasks)

Shipsy
Logistics predominant DTDC specific has picked up a 20 percent stake in Gurgaon-primarily based Llama Logisol, which operates logistics solutions issuer Shipsy, for over $1 million (more or less Rs. 6.65 crores).founded in June 2015 by way of IIT graduates, Soham Chokshi, Dhruv Agrawal, Maharshi Devraj and Himanshu Gupta, Shipsy had obtained angel funding from Dheeraj Jain, the dealing with partner of Redcliffe Capital. “With Shipsy, we need to assist make smarter choices the usage of the full-size quantityof ambient statistics to be had like place intelligence, remaining mile shipping optimisation and deliverchain making plans,” Chokshi stated.

Hungama
chinese language patron electronics agency Xiaomi announced Monday its first funding of $25 million (roughly Rs. 166.fifty nine crores) funding into streaming content material company Hungama virtualMedia entertainment, with participation from existing investors Intel Capital, Bessemer challengecompanions, and Indian billionaire Rakesh Jhunjhunwala. Xiaomi said that the investment marks the deepening of the employer‘s method to introduce localised internet offerings on its smartphones in India.

Housing
on-line actual estate platform housing.com Monday introduced that former commercial enterprise head of 99Acres.com Vineet Singh has invested an undisclosed sum inside the agency, and will be running with the Housing.com control team in a senior advisory role.

Gear6
Bengaluru-based Gear6.in, a web motorbike provider platform has reportedly raised $500,000 (kind of Rs.three.three crores) in a seed spherical funding from Ninestarter, an early-stage seed funding enterprise.based in 2016 with the aid of Bits Pilani alumni, the startup reportedly sees 500 transactions a month.

Servify
Mumbai-based totally Servify, a tech startup that gives offerings via an app for electronics and home equipment through a brand permitted carrier environment, has received an undisclosed sum ofinvestment from Blume Ventures, Germany’s Barkawi Holdings GmbH and TM carrier technology Holdings GmbH. Servify offers apps for Android and iOS, which allows users to add all their household gadgets,add bills and invoices, get entry to logo authorised provider with some taps, and them tune thepopularity of the carrier request until its closure.

With inputs from PTI
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Tags: Apps, funding, Gear6, Haptik, Housing, Hungama, India, internet, investment, Servify, Shipsy, Startups

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