Tea e-tailing startup Vahdam raises angel funding

VahdamVahdam Teas Pvt Ltd, a Delhi-based tea e-tailer, said on Wednesday it has raised funding from a clutch of angel investors to implement its expansion plans. The firm has raised Rs 4.4 crore ($650,000) from early-stage investment firm Fireside Ventures’ Kanwaljit Singh, Mumbai Angels and Singapore Angel Network. Founded in 2015 by Bala Sarda, Vahdam […]

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Exclusive: On-demand auto maintenance startup Hoopy secures angel funding

HoopyVehicle maintenance marketplace Nephonine Solutions Pvt. Ltd, which offers its services under the brand Hoopy, has raised its angel round of funding from a clutch of wealthy individuals, according to people close to the development. Hoopy has raised about Rs 3.4 crore ($500,000) to support its expansion plans, according to the people. The names of […]

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Parenting social network TinyStep secures fresh funds from Flipkart

Untitled-2Bangalore-based WeHive Technologies Pvt. Ltd, which runs parenting social network TinyStep, has raised Rs 13.6 crore ($2 million) in a fresh round of funding from its existing investor, e-commerce major Flipkart. The company said it will use the current funds to innovate on its product and expand its services. “We’ve grown as a product, as […]

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Exclusive: IoT and SaaS startup TempoGo raises seed funding from K2 Investments

ThinkstockPhotos-469578039_feTempoGO, an IoT and SaaS-based solutions provider for commercial transportation, has raised its seed round of funding from a clutch of investors, a top company executive told VCCircle. Pranav Shirke, the co-founder of the Goa-based firm said the capital will be mainly utilised for upgradation of technology and hiring more professionals. The company currently has […]

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Ed-tech startup XSEED secures Series B funding from Verlinvest

For-GolfLan-Story-TC_ThinkstockPhotos-493884265-copySingapore and Bangalore-based ed-tech startup XSEED Education has secured over $10 million in its Series B round of funding from Belgium’s family-owned consumer-sector focused investment company Verlinvest SA. The company will use the proceeds from this round to scale its presence to reach 10 million children by strengthening its technology platform, international footprint, and brand […]

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Beauty e-commerce startup Nykaa raises fresh funding from Max Ventures

NykaaMax Ventures and Industries Ltd, part of industrialist Analjit Singh’s Max Group, said on Friday a unit has acquired a 1.99% stake in online beauty essentials retailer Nykaa. The stake was bought by wholly owned subsidiary Max I. Ltd, the company said in a stock-exchange filing. It didn’t disclose the value of the investment. However, […]

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Exclusive: Late-night food delivery startup Bats on Delivery raises angel funding

ThinkstockPhotos-187535881_feBats on Delivery, an on-demand food and essential commodities delivery services firm, has raised its angel round of funding from a Delhi-based businessman, one of the company’s co-founder told VCCircle. Nitin Grewal, the CEO of the company, told that the company has utilised the capital in setting up a centralised kitchen in Gurgaon and several […]

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Exclusive: Marketplace for luxury brands vClusive raises funding

For-VClusive-Story-TC_ThinkstockPhotos-512349742vClusive, an omni-channel marketplace for luxury brands, has raised its first external round of funding, the company’s founder and CEO told Techcircle. Vinu Sundaresan said vClusive raised Rs 42.6 crore ($6.3 million) in a round led by venture capital firm Hunch Ventures. A clutch of angel investors also took part in the round. vClusive, operated […]

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Exclusive: Insurance marketplace for rural India GramCover gets funding from Omnivore

GramCoverVenture capital firm Omnivore Capital, which is in the process of raising its second India-focused fund, has made yet another investment in the rural sector, a person privy to the development told VCCircle. The firm, which makes early-stage investments in agricultural and food technology companies, has backed GramCover, which is an insurance marketplace for the […]

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Exclusive: Aavishkaar invests in e-commerce logistics firm Connect India

Connect IndiaConnect India, which claims to be building a last-mile network of distribution points for e-commerce firms across the country, has raised fresh funding from one of its existing investors, a person privy to the development told VCCircle. The Bengaluru-based firm, which is run by Connect India e-commerce Services Pvt. Ltd, has raised a round of growth […]

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