Mobile social gaming company, Playsimple has raised $4 million in Series A funding from SAIF Partners and IDG Ventures, which it plans to infuse in expanding its team and developing…
Fintech startup Active.ai, which uses artificial intelligence to deliver virtual assistant banking services, has raised US$3 million from Kalaari Capital and IDG Ventures. The company plans to use the investment…
On-demand apparel rental platform Flyrobe has raised $5.3 Million in its second round of funding led by IDG Ventures, with the participation of Tokyo-based GREE Ventures and existing investor Sequoia…
The firm is planning to invest the major share of the fund in maturing startups and lead the later stage rounds.
Founded in 2014, the startup provides online home appliances and also rental for furnitures. The company currently operates in Mumbai, Bengaluru, Delhi and Pune with a team size of 50. The platform has 2000 subscribers and plans to attain 6000 by next March and is growing close to 45% every month.
Founded in September 2015, Mumbai based startup, CityFlo is a bus aggregator and will use the raised funds to expand operations in Mumbai and expand to other cities. The company will also analyse real time traffic and identify potential routes. It runs over 60 buses and is currently doing 2,200 rides per day.
500 Startups, IDG Ventures & Advantedge fund participated in this round. Prominent angels – Neeraj Arora (VP, Watsapp) and Leon Seynave also participated in the round. Tripoto wants to further strengthen its leadership in technology, content and community and become one stop app for travelers.
The investment firm plans to use the funds in increasing its footprint in the overseas market and reach out to both overseas and domestic investors. Ratan Tata had recently joined the firm’s advisory board, after which they approached 150 family offices and has received about 50% of the commitments.
After Kalaari Capital, Ratan Tata has joined IDG Ventures as a senior advisor advising portfolio companies. Ratan Tata has been extremely active angel investor and some of his portfolio includes Snapdeal, UrbanLadder, Ola, Xiaomi and others.
AgroStar sells seeds, nutrients, crop protection, as well as hardware products directly to farmers. It plans to utilize the capital to expand its operations from Gujarat and Maharashtra to 3-4 additional states in the next 12 months. The company also wants to strengthen its tech and leadership teams.
Founded by Amit Vora who has held senior positions at Motorola, Reliance Comm , Hungama , iCrushiFlush helps its users to find new people around their location and connect to befriend them.
Cloudcherry is a real-time, Omni-channel Customer Sentiment Mapping SaaS product that helps brands track, measure and improve Customer Delight in Real-Time. With the value of Customer Analytics increasing by the day, most enterprise brands are agressively implementing solutions to capture key Customer Experience Insights.
The funds raised will be used to scale its core technology development efforts and expand its reach and presence in multiple markets across the globe. Uniphore’s solutions allow any software application to understand and respond to natural human speech, enabling humans to use the most natural of communication modes, speech, to engage and instruct machines.
Tripoto had raised a seed round in November 2014
Momoe enables restaurant owners to integrate billing with payment (all via apps)
The company has seen 10x growth in jobseekers and 2x month over month growth in recruiters