Most companies have been putting off a public issue due to poor investor sentiment and lower than expected valuations. And it is no secret that venture capitalists are worried sick of the lack of exits in the country.
Appiterate , the platform which helps mobile developers A/B test their apps has $500k in seed funding from SAIF Partners and angel investors.
Delhi based FYGW, a startup that helps other startups hire talent has raised funding from a US and UK based consortium of investors.
Mumbai based online fruits and vegetables vendor Greencart has raised $1.5 mn from Techno Group to grow its operations.
Bharti SoftBank is investing another $14 mn Hike, the Instant Messenger. The money will be used to scale its operations to compete better with the likes of Whatsapp and WeChat.
Education marketplace Gradestack has raised an undisclosed amount of funding from Times Internet.
Big data analytics Gremin8 has raised $3 mn from Kalaari capital in a Series A round.
Online media startup Oximity has secured funding from angel investors Ronnie Screwvala and K Ganesh.
Indix, a SaaS + Big Data product intelligence platform company has raised $8.5 million of a $9 million Series A-1 round of financing,co-led by Avalon Ventures and Nexus Venture Partners.
Walden International’s proposal to launch a fund for semiconductor fabrication units in India has not been approved by the Planning Commission.