Yepme, has opened its first store at DT City Centre Mall, Gurgaon and has moved to brick and mortar retailing.
The store aims to develop a connection between its customers and the retail brand, its products and brand culture. Customers can try them on to understand their best fit and buy their products from the store or online and get it delivered at their doorstep. And, there is no price difference between the offline and online stores.
Vivek Gaur, CEO and Co-founder Yepme, said “The brand is taking a step to get closer to our customer, as customers can now experience the touch & feel of the product and the diverse range of the fresh fashion collection for both men and women. They can also try their best fit to make an intelligent purchase online or at the store. We are excited to see the response at the store and take customer interaction to the next level.”
Company Name : Orahi
Funding Amount : Rs 3.5 crores
Investor(s) Indian Angel Network.
Funding Round : Angel Round
Indian Angel Network has invested Rs 3.5 crores in carpooling app, Orahi. IAN Investors, Vinish Kathuria and Amandeep Gupta led the round and will join the board of Orahi.
The Orahi platform is built on hyper local community. In particular during the ongoing Odd-even days initiative, Orahi saw an increase traffic to 400%, registrations to 300% and car rides to 250%.
“We are one of the very few companies across the world that has been able to crack the difficult model of car-pooling for the users – bringing in trust, speed, credibility & safety while helping bring down traffic congestion & pollution.India has 30 million cars on road and we are going to target 10% of these cars to enable carpooling in next two years,” said Sameer Khanna, Founder and CEO, Orahi.
Orahi will use IAN’s investment to enhance the product and its functionalities, grow the team, increase its users and enhance its presence.
Earlier, TRAI had extended the deadline for receiving comments on its differential pricing for data services till January 7th.
TRAI Chairman clearly stated that the people had to answer the specific questions, which was raised on the differential pricing for data services and not an opinion poll. TRAI had asked Facebook to reach out to the users and ask them to communicate directly and answer to the specific questions raised.
While Facebook claims that 11 million people have supported Free Basics, TRAI says that it has received response from only 1.89 million. Facebook’s deadline to bring back *these* 9 million supporter ends today.
“As these users had not communicated any valid communication address, TRAI was unable to communicate with them directly. Therefore, you were requested to communicate TRAI’s text to all such users immediately so that they could comment on specific questions raised in Consultation Paper,” TRAI said.
On January 6th, Facebook responded to TRAI, saying that that it was unable to reach out to people who had responded via missed call as Facebook did not have their email ids on record. To this, TRAI expressed disappointment saying that it expected Facebook to reach out through SMS text or other means and guided them the URL of the Consultation Paper of TRAI.
Company Name : ZAPR
Funding Amount : Undisclosed
Investor(s) Flipkart Saavn. Micromax. Mu Sigma
Funding Round : Not Disclosed
ZAPR has raised an undisclosed funding from Flipkart. Saavn, Micromax, and Mu Sigma’s Dhiraj Rajaram has also invested in the company. Existing investors including Dinesh Agarwal, Samir Bangara, Sanjay Nath and Arihant Patni participated in the round.
The raised capital will be used to enhance the product range. The company also plans to hire and expand from about 25 to a 50 member team by the end of the year.
ZAPR allows brands and media houses to identify their TV audience in real time and measure viewer response to their campaigns.
Company Name : Care24
Funding Amount : $4 million
Investor(s) SAIF Partners . .
Funding Round : Series A
Mumbai Based startup, Care24 has raised $4 million in series A funding led by SAIF Partners.
Care24 was founded by Vipin Pathak, Abhishek Tiwari, Garima Tripathi and Pranshu Sharma.The startup has an inventory of verified professionals and lets the users connect to them for services of nurses, physiotherapists and attendants at home. The startup claims to have over 3,000 patients with verified caretaker.
Vipin Pathak, Co-founder & CEO, Care24 said, “In India, the home healthcare category is seeing a focus now and an investment in developing the standard customer-centric healthcare service delivery system is a must for achieving quality services at scale. Care24 intends on using the investment to boost its service quality, deepen its offerings while tapping the healthcare sector using technology innovations – to provide an integrated patient care.”
Care24 had earlier raised $350,000 in seed funding from India Quotient in October 2015.
Company Name : Snapshopr
Funding Amount : Undisclosed
Investor(s) Amod Malviya . .
Funding Round : Angel round
Snapshopr, a visual intelligence platform powered by Artificial Intelligence has raised an undisclosed amount in angel funding. The funding was led by Amod Malviya, former CTO, Flipkart and saw participation from other angel investors including Pallav Nadhani, Apurva Dalal, Saran Chatterjee, Rahul Chari, Bikas Barai and Bragadish Sureshkumar.
With this funding, they will double down on product innovation and continue to build out their visual intelligence platform for online retailers. Earlier, the firm had announced its first investment from Amod Malviya as part of its ongoing round in September last year.
Snapshopr helps its customers improve the search and discovery experience using its visual search and recognition products as part of its cloud-based visual intelligence platform. Instead of using text to describe visually rich categories of items like fashion and home decor, the end users of its visual search solution can simply use images taken from their camera or uploaded from their devices for search based on visual content of the image.
The firm plans to hire a few more engineers and strengthen its technology platform with new capabilities and expand their customer base globally through this round of funding.
“We have been working with some of the largest internet companies in India and have built out the next generation visual intelligence platform for online retailers. We have seen very promising growth in last year, becoming the platform of choice for companies that want to delight their users with visual search and recommendation capabilities. With this funding, we will double down on product innovation and team necessary to deliver an unmatched experience to our customers,” said Navneet Sharma, Co-Founder & CEO of Snapshopr.
Company Name : Rentomo
Funding Amount : $100K
Investor(s) Shiva Ashok . .
Funding Round : Seed round
Bangalore based Rentomo has raised a seed funding of $100K from angel investor Shiva Ashok and a UAE based investor.
Rentomo provides a platform that allows users to borrow/rent regular items which they may need only occasionally- like a drill,ladder,camera,bicycle,travel bag etc.
The startup was founded by Anshul Johri (ex Amazon) in August 2015. The startup is currently focusing in Bangalore and is boosting popular categories like travel, sport & fitness, motorbikes & electronics.
The company plans to touch a user base to 10K in next 3 months and 2.5K items listed on the platform. It also plans to add payment, delivery and insurance of items soon.
The company claims that in 6 months the platform got 4000+ verified registered users, 300+ listings, closed to 250+ transactions and is growing 30% month on month in terms of transaction, users registration and listings.