Get My Parking raises $1.1 mn in Pre-series A funding round from IAN,TCA & others

Get My Parking raises $1.1 mn in Pre-series A funding round from IAN,TCA & others

Get My Parking makes driving easier by aggregating parking information in real time Bengaluru – Feb 23, 2017. RedNewswire/- Delhi-based Get My Parking has raised $1.1 million in a pre-Series A round from Indian Angel Network (IAN), The Chennai Angels (TCA), BEENEXT and Hero group’s Sunil Munjal.  The company is an 18 months old startup providing cloud-based mobile parking technology. It was founded in 2015 by IIT Madras alumni Chirag Jain and Rasik Pansare, alumni of…

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True Balance raises $14mn in series B funding round from Korean Development Bank & others existing investors

True Balance raises $14mn in series B funding round from Korean Development Bank & others existing investors

True Balance is a mobile app for checking mobile prepaid balance Bengaluru – Feb 20, 2017. RedNewswire/- True Balance is a mobile app that allows prepaid Android smartphone users to check balance, call logs and data packs, also offers a recharge service. It has raised $14 mn in series B funding round from IMM Investment, Korean Development Bank, Capstone Partners and existing investors SoftBank Ventures Korea &  Mega Investments. True Balance was launched by Balance Hero in India…

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1Crowd platform has raised an undisclosed amount of funding from Ganesh Natarajan

1Crowd platform has raised an undisclosed amount of funding from Ganesh Natarajan

1Crowd is an equity crowd funding platform Bengaluru – Feb 10, 2017. RedNewswire/- 1Crowd is an equity crowd funding platform connecting investors with Indian start-ups and early stage ventures. Ganesh Natarajan, chairman of 5F World had invested in Zeve Capsol, the company that operates the 1Crowd platform in his personal capacity. As part of the deal, Natarajan will join the board of Zeve Capsol, which is working to create an ecosystem for startups and investors. The company was founded in…

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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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Wooplr raises $8 mn in series B funding from Sistema Asia Fund and two others

Wooplr raises $8 mn in series B funding from Sistema Asia Fund and two others

Wooplr is a social fashion discovery and commerce platform Bengaluru – Feb 09, 2017. RedNewswire/- Wooplr has raised $8 million in series B funding round led by Sistema Asia Fund, with participation from Amereus Group and existing investor Helion Ventures. Sistema Asia Fund, the proprietary fund floated by Russian conglomerate Sistema JSFC has made its first investment in social commerce platform Wooplr. Wooplr will use the funds for product development and technology. Wooplr is a…

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Energy-data start-up Zenatix raises Rs. 8 crore in pre-series A round from pi Ventures

Energy-data start-up Zenatix raises Rs. 8 crore in pre-series A round from pi Ventures

Zenatix Solutions Pvt. Ltd is a data-driven energy efficiency startup Bengaluru – Feb 08, 2017. RedNewswire/- Gurgaon-based energy-data start-up, Zenatix Solutions Pvt. Ltd has raised Rs 8 crore in pre-series A round of funding led by pi Ventures. The existing investor Blume Ventures also participated in the round. The company was founded in 2014 by Rahul Bhalla, Vishal Bansal and Amarjeet Singh. The funds raised will be used for recruitment and expanding business in South-east Asian markets. Earlier, the…

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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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Logistics service provider VDeliver raises undisclosed Series A funding from KLCP Holdings

Logistics service provider VDeliver raises undisclosed Series A funding from KLCP Holdings

VDeliver provides hyperlocal logistics services in Hyderabad Bengaluru – Jan 24, 2016. RedNewswire/- VDeliver is a Hyderabad-based hyper-local logistics enterprise. It has raised an undisclosed amount in series A funding round from KLCP Holdings and Australia-based Boss Consulting. The company was founded in 2011 by Srinivas Madhavam.  It provides users with food delivery from the listed restaurant partners of the company, office supplies delivery, medicines, gifts, groceries and document delivery services. It provides last mile delivery, cash on delivery, pickup…

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LetsTransport raises $3.9M Series A funding from Japan’s payment gateway company GMO

LetsTransport raises $3.9M Series A funding from Japan’s payment gateway company GMO

 Bengaluru-based LetsTransport is an online intra-city logistics provider Bengaluru – Jan 24. 2016. RedNewswire/-   LetsTransport provides professional ‘intra-city’ logistics solutions for everyday errands like shifting house, buying furniture, electronics etc.   It has raised $3.9M in Series A funding round from Japan’s payment gateway company GMO.  Neelesh Bhatnagar, former CEO of Landmark Arabia also participated in the round.   The company was founded in 2015 by Pushkar Singh, Sudarshan Ravi and Ankit Parasher. It provides inter-city aggregation of…

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14 YO Harshavardhan Zala signs MoU worth 5 Cr for defense drones with Gujarat Govt

14 YO Harshavardhan Zala signs MoU worth 5 Cr for defense drones with Gujarat Govt

Harshavardhan Zala, a 14 year old boy who pitched for his drone production startup meant for implementation in India’s defense services. Harshavardhan has designed a drone that can be used in the war fields to detect land mines as well as diffuse such land mines threats. The drone would work in a way to defend the forces and neutralize threat prone war-fields.     He signed a Memorandum Of Understanding with the state government, Gujarat,…

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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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3 things you must know to start an online business

3 things you must know to start an online business

Bengaluru – Jan 06, 2017. Rednewswire/-   1. The truth about starting an online business In the next few blog posts, I’ll be sharing REAL SALES NUMBERS, including actual conversion rates from IWT. Nobody outside of my small team has ever seen these before. But you will. Why? Because I want to show you the truth about starting a successful online business. Unlike the unscrupulous marketers whose entire business is creating ebooks about creating ebooks,…

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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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