The angel round of funding was led by 50k Ventures. Vineel Nalla, CEO of NBOS Technologies and founder of 50K Ventures also participated in the funding round. The funds will be used for expansion and by the end of next financial year, the Mumbai based startup plans to expand across 10 cities in India.
The angel investors include Karan Bajwa (MD, Microsoft India), Sanjay Kapur (MD, Sona Koyo Steering), Parvesh Kumar (Director, Helios Packaging Pvt Ltd.) and The Phoenix Fund. The company plans to deploy the funds to scale-up marketing activities. FindYahan.com connects consumers to service providers.
Sanjay Mehta and Anoop Mathur also participated in the round of funding. With the raised funds, the Delhi based company plans to acquire users and improve its product. The startup has built an Android app which replaces user’s ringtones with jingles and user can earn points through incoming calls.
Other investors who participated in the round included angel investor Shinji Kimura, Sundar Chanrai and other existing investors. With the raised funds, Pokkt will enhance its technology and product. The company claims to have 40 million monthly unique users and has a team of 70 altogether.
European utility companies E.ON and RWE, and existing investor Khosla Ventures, also participated in the round. With the raised funds, the Bangalore based energy engagement company Bidgely plans to expand operations. Earlier the company had raised $8 million in seed and Series-A funding rounds.
Sabse is a global carrier that uses Wi Fi first, building a new world class system which is simple and affordable. Using Sabse, the smartphone connects to the WiFi hotspot wherever possible to make voice calls and send messages. It accesses the mobile network only when the WiFi connectivity is not available.
The funding round was led by UOB Venture Management Pte Ltd (UOBVM), Sequoia India, JAFCO Asia, TransLink Capital, and MediaTek Ventures. The company will use the funding to further expand in Asia and strengthen the research and development team. Appier has seen over 300% growth in the past year.
The funding round was led by Paytm and saw participation from people like Kunal Shah(Freecharge) and Ankur Meattle(GIC). The startup plans to be pan-India by operating in a total of 40 cities by the year end. Jugnoo forecasts to achieve its transactional targets of 100,000 by February next year.
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.
The angel investors who participated in the round were Amit Gupta (Co-founder, Inmobi), Aloke Bajpai (Founder of Ixigo), founders of Delhivery, Ashish Kumar (founder of Staybees and Techriti), and partners and employees of SAIF Partners. The company in a span of one month has acquired 500 customers.
Founded in 2012, Aznog is a VoIP service provider. Alok Agarwal, Harsh Hada & Vishal Khare from the IAN network have led this round of investment and Alok Agarwal & Harsh Hada joined the board of the company. The funds will be used to scale infrastructure and will bring more talented people in the team.
The investors include Puneet Bhatia, former director and head investments at Shapoorji Pallonji Investment Advisors and CEO of an Indian family office. The startup helps brands and retailers target and retarget customers. The platform based on user’s proximity and offline behavior targets them.