Archives
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NEWS March 8, 2016 Just Buy raises funds from Alpha, others
By: sristy SahaJust Buy has partnered with 1,100 brands and provides retailers with access to 300,000 products across 11 categories including food, beverages and personal care. Mumbai: Just Buy Live Enterprise Pvt. Ltd, Mumbai-based e-distributor that connects local retailers with manufacturers, has raised $20 million (Rs.136 crore) from Alpha Capital and others in its first round of […]
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NEWS March 8, 2016 CREO raises $3 million from Sequoia Capital, others
By: sristy SahaAnalysts say there is space for home grown phone-makers as India is seen as the growth engine in the global smartphone business, but are doubtful of the prospects of another OS. Photo: Bloomberg Bengaluru: Motiveprime Consumer Electronics Pvt. Ltd has raised $3 million from venture capital firms Sequoia Capital, Beenext Ventures and India Quotient to […]
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ALL DEALS March 8, 2016 Housing.com raises Rs100 crore from Softbank
By: sristy SahaCurrently, Housing.com has 1.7 million verified listings and is working with over 40,000 developers and agents. Photo: Abhijit Bhatlekar/Mint New Delhi: Mumbai-based Locon Solutions Pvt. Ltd, which operates the online real estate web site Housing.com, has raised an additional Rs.100 crore in funding from Japan’s SoftBank Corp., the company said on Thursday. “We are delighted […]
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NEWS March 8, 2016 Retail-tech start-up SnapBizz raises $7.2 million
By: sristy SahaThe Bengaluru-based company, which was started in 2013, had earlier received seed funding of $1.7 million from Qualcomm, Jungle Ventures, National Research Foundation of Singapore, Taurus Value Creation and Blume Ventures. Bengaluru: SnapBizz Cloudtech Pvt Ltd, a start-up that devises technology for corner grocery stores, has raised $7.2 million in an investment round led by […]
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ALL DEALS March 8, 2016 Buildzar raises $4 million from Puneet Dalmia
By: sristy SahaThe company claims to get 750-800 orders a month with an average order size of Rs67,000. New Delhi: Glow Homes Technologies Pvt. Ltd, which owns and operates Buildzar, an e-commerce portal for construction materials, has raised $4 million from Puneet Dalmia, managing director of Dalmia Bharat Ltd. Dalmia has made the investment in his individual […]
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ALL DEALS March 8, 2016 Aisle.co raises Rs1.25 crore from TermSheet.io and ah! Ventures
By: sristy SahaAisle.co handpicks its users after a process of screening. It has around 500-800 registrations per day in over 50 countries. Mumbai: Online matchmaking company Aisle Network Pvt. Ltd said on Thursday that it has raised Rs.1.25 crore in a pre-series A round of funding from TermSheet.io and ah! Ventures, with investments from key angel investors […]
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ALL DEALS March 7, 2016 Vanity Cube raises $300,000 from Unicorn Ventures, others
By: sristy SahaCurrently, Vanity Cube services users in Mumbai and Delhi. Mumbai: Delhi-based on-demand wellness and beauty services company Vanity Cube Pvt Ltd. said on Friday that it had raised $300,000 in an early stage round from Unicorn Ventures, friends and family. The company that was founded in 2014 by Renu Bisht and Pragya Upadhyay is looking […]
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ALL DEALS March 4, 2016 Magic Leap raises $793.5 million from Alibaba, Google, Qualcomm
By: sristy SahaMagic Leap is promising to create a headset that would use a type of light-field technology to simulate 3-D images superimposed on the real world. New York: Magic Leap Inc., the mysterious startup working on a device that simulates reality, has raised $793.5 million in a new round of funding led by Alibaba Group Holding […]
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ALL DEALS March 4, 2016 Augmented reality start-up Blippar raises $54 million
By: sristy SahaBlippar has 300 employees in 14 offices worldwide, with 30 of them in its New Delhi, Mumbai and Bengaluru offices. Bengaluru: Blippar Inc., a company that makes augmented reality technology for brands as well as for consumers, said on Wednesday that it has raised $54 million from Khazanah Nasional Berhad, the strategic investment fund of […]
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ALL DEALS March 4, 2016 MoMark raises $600,000 from YourNest Angel Fund, LNB Group
By: sristy SahaMoMark offers small retailers customer analytics as well as a point-of-sale terminal with which they can accept money from any mobile wallet. Bengaluru: MoMark Services Pvt. Ltd, a Noida-based firm that makes mobile-based customer engagement platform for small and medium businesses, on Wednesday said it raised $600,000 from YourNest Angel Fund and the LNB Group […]
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NEWS March 4, 2016 Magic Crate raises seed funding from Mohandas Pai, others
By: sristy SahaThe firm said it ships several thousand activity crates each month, customised to specific age groups, with the prices starting at Rs.549. Bengaluru: Funfinity Learning Solutions Pvt. Ltd, which makes Magic Crate subscription-based activity kits for children, on Thursday said it has received seed investment from Aarin Capital, T.V. Mohandas Pai, chairman of Manipal Global […]
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ALL DEALS March 4, 2016 Kae Capital raises $30 mn for fund focused on local start-ups
By: sristy SahaKae Capital founder and MD Sasha Mirchandani. New Delhi: Kae Capital, which invests in early-stage companies, has raised $30 million from existing and new investors as part of its second fund. The firm will be raising an additional $10 million soon, said Sasha Mirchandani, founder and managing director of Kae Capital, on Thursday. He declined […]