Voonik raises $6M in Series B funding from RB Investments and Sequoia Capital

Voonik raises $6M in Series B funding from RB Investments and Sequoia Capital

Voonik is a personal-stylist led online marketplace for fashion Bengaluru – Feb 09, 2017. RedNewswire/- Voonik is an online fashion marketplace providing a personal shopping platform that helps people dress well and within their budget, by offering style advice and hand-selected recommendations, based on the customer’s style preferences and body type. Shoppers can set their skin tone, body type and preferences into the platform and receive recommendations. It has raised $6 million from Singapore-based RB Investments…

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Fin-tech startup “Capital Float” raises $2.5 Mn From IFMR Capital

Fin-tech startup “Capital Float” raises $2.5 Mn From IFMR Capital

Capital Float is a finance technology startup which helps SMEs secure capital online Bengaluru – Feb 06, 2017. RedNewswire/- Bengaluru-based online credit platform Capital Float has raised $2.5 Mn from IFMR Capital Finance and its alternative investment fund. The company has raised funds by allotting non-convertible debentures (NCDs). NCDs are basically loan-linked bonds but cannot be converted into stocks. They, however, offer a higher rate of interest than convertible debentures. The fresh funding will be used to lend…

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Paytm Payments Bank gets $32.4m fresh investments from Paytm founder and two others

Paytm Payments Bank gets $32.4m fresh investments from Paytm founder and two others

Paytm Payments Bank gets $32.4m fresh investments Bengaluru – Feb 04, 2017. RedNewswire/- Paytm Payments Bank has received fresh investments of $32.4M from its promoter and founder Vijay Shekhar Sharma besides two other entities – One97 Communications Ltd and One97 Communications India Ltd. Paytm Payments Bank got a final approval from the Reserve Bank of India last month to run and operate payments bank in the country.   Vijay Shekhar Sharma, the promoter and founder of Paytm hold…

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Payment app Freecharge raises $57M from Snapdeal – owned by Jasper Infotech

Payment app Freecharge raises $57M from Snapdeal – owned by Jasper Infotech

Jasper Infotech which owns Snapdeal has invested around $57M in Freecharge Bengaluru – Jan 09, 2017. RedNewswire/- Mumbai-based payment app FreeCharge has raised $57.2 M from Jasper Infotech, which own e-commerce platform Snapdeal. According to report, documents were filed in the last week of December, 2016 at the Registrar of Companies (RoC). Freecharge was founded in 2010 by Sandeep Tandon and Kunal Shah. FreeCharge is a payment wallet that allows the online facility of recharging any prepaid…

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Ed-tech startup “Learntron” raises undisclosed seed funding from Kae Capital

Ed-tech startup “Learntron” raises undisclosed seed funding from Kae Capital

Learntron is a Suite of apps for schools, educational institutions and corporates Bengaluru – Janc 04, 2017. RedNewswire/- Chennai-based Learntron delivers SaaS based suite of apps to manage learning and training activities for schools, educational institutions and businesses. It has raised an undisclosed seed funding from Mumbai-based  Kae Capital. The company was founded in 2016 by Kuljit Chadha & subramanian viswanathan. It enables educational institutions to move their classroom courses to an online platform. It also helps corporate…

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Online jewellery store “BlueStone” raises $5.2M series D funding from Iron Pillar Fund

Online jewellery store “BlueStone” raises $5.2M series D funding from Iron Pillar Fund

BlueStone is an online private label jewellery shopping store Bengaluru – Dec 24, 2016. RedNewswire/-   BlueStone is an online jewellery store that sells high quality jewellery and accessories. It has raised $5.2M in Series D funding round from Iron Pillar Fund. The company was founded in 2011 by Gaurav Singh Kushwaha  & Vidya Nataraj. Bluestone showcases high quality fine jewellery with strikingly exquisite designs. It has a just-in-time manufacturing model where the jewellery is manufactured within three to four days…

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Deals app “The Blue Book” raises $500K in seed funding from Indian Angel Network & LetsVenture

Deals app “The Blue Book” raises $500K in seed funding from Indian Angel Network & LetsVenture

The BlueBook is a mobile app for deals at nearby eateries Bengaluru – Dec 22, 2016. RedNewswire/- Hyderabad-based TheBlueBook is a mobile app for availing deals from nearby F&B stores. It has raised $500K in seed funding round led by Indian Angel Network. Lets Venture and independent investors from Singapore and the US also participated in the round. The investors include Srinubabu Gedela, CEO of OMICS International, Avinash Vashistha member of IAN and former Chairman &…

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IFMR Capital raises $17M in private equity funding round from Standard Chartered

IFMR Capital raises $17M in private equity funding round from Standard Chartered

IFMR Capital provides and raises capital for MFIs, SME Lending NBFCs Bengaluru – Dec 20, 2016. RedNewswire/- Chennai-based IFMR Capital is a financial services firm that helps financial institutions serving under-banked people raise funds. It has raised $17M in Private equity funding round from  Standard Chartered. The standard Chartered Private Equity (SCPE) will invest upto $50M in the company. The company was founed in 2008 by Kshama Fernandes. It Connects high quality microfinance institutions (MFIs), affordable housing…

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Online marketplace for holiday packages “Tripshelf ” raises $235K seed funding from GEMs Advisory & Quarizon

Online marketplace for holiday packages “Tripshelf ” raises $235K seed funding from GEMs Advisory & Quarizon

Tripshelf is an online marketplace for discovering and comparing tour packages Bengaluru – Dec 17, 2016. RedNewswire/- Delhi-based online travel marketplace TripShelf raises $235K in seed funding from GEMs Advisory & Quarizon. It aggregates tour packages from multiple travel agencies (domestic and international) to give the consumer a listing of holiday package tours. The newly raised funds  will be used for onboarding more tour operators onto the platform, enhancing technology and digital marketing to enable business conversions from enquiries. A part of…

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Geo Targeted advertising startup “Amagi” raises $35M in series D funding from Emerald Media

Geo Targeted advertising startup “Amagi” raises $35M in series D funding from Emerald Media

Amagi provides Cloud-based localized advertising on national TV channels Bengaluru – Dec 15, 2016. RedNewswire/- Amagi, which provides cloud based Geo targeted TV advertising services has raised $35M in series D funding round from KKR-backed investment firm Emerald Media. Emerald Media will hold a minority stake in Amagi.  Exisiting investor PremjiInvest also participated in the round. The was founded in 2008 by Baskar Subramanian, Srinivasan KA, and Srividhya Srinivasan, Amagi partners with TV networks, cable and…

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Online marketplace for women’s clothes “Wooplr” raises $25K in angel funding from Anand Chandrasekaran

Online marketplace for women’s clothes “Wooplr” raises $25K in angel funding from Anand Chandrasekaran

Wooplr is a Social fashion discovery and commerce platform allowing people to purchase their favorite products and share it in their social circles Bengaluru – Dec 12, 2016. RedNewswire/- Wooplr Technologies Pvt. Ltd is an online marketplace for women’s clothes. It is a social discovery and commerce platform for fashion that allows people to recommend & purchase their favorite products and share it with their social circles. It has raised $25k in angel funding round from Anand…

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Lending platform “Zest Money” raises $6.5M in Series A funding round from PayUbiz and existing investors

Lending platform “Zest Money” raises $6.5M in Series A funding round from PayUbiz and existing investors

Zest Money is a lending platform for consumers to make ecommerce purchases Bengaluru – Dec 08, 2016. RedNewswire/- Mumbai-based Zest Money is a consumer digital lending platform which  partners with e-commerce companies to enable EMI financing at check-out, helping the merchants convert more customers, increase average order size and reduce cash collection cycles. It has raised raised $6.5M in series A funding round led by Naspers-owned online payments platform PayUbiz and existing investors Ribbit Capital & Omidyar Network….

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VideoVibe Got selected for FBStart Program

VideoVibe Got selected for FBStart Program

VideoVibe has been selected for Facebook’s developer-focused program FBStart which caters to the early-stage, mobile-focused startups Under the program, Our startup VideoVibe which launched its web platform in September this year, will receive services and credits worth $40,000. The services will include mentorship from Menlo Park-headquartered Facebook’s engineering teams and services from its partners like Amazon Web Services, Annie, Dropbox, Adobe and MailChimp. VideoVibe Web Platform went live this year, and currently has over 30000…

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Online consultation platform “TapChief” raises undisclosed seed funding from Paytm

Online consultation platform “TapChief” raises undisclosed seed funding from Paytm

Tap Chief is a web platform for users seeking expert advice Bengaluru – Nov 26, 2016. RedNewswire/- TapChief is a Bengaluru-based online platform to connect with experts for advice. It lets the user choose an expert they want to connect with or use the smart skill search to get a relevant expert in any domain, send across a short description of the nature of your query and a time when you’d like to schedule the call….

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Intel will soon give up on wearable tech

Intel will soon give up on wearable tech

According to recent reports, Intel is apparently going to back away from wearable technology in the near future. 19th Nov., 2016, Red Newswire/- Intel is one of those companies that has made its mark in several domains. Even though the main focus of the tech giant is silicon chipsets and other computer organs, the California-based firm has been actively increasing its coverage over the past few years. A couple of years ago, the tech giant…

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