After raising $5.7 mn, IvyCap-backed Taskbob shuts down

ThinkstockPhotos-close-startup2Two years since its launch and after amassing $5.7 million in external funding from three investors, Mumbai-based home services startup Taskbob, run by Crenovative Ideas Pvt Ltd, has halted its operations. Aseem Khare, co-founder and chief executive of Taskbob, confirmed the development to TechCircle.in saying the startup stopped taking orders from Thursday, 19 January. “Yesterday, […]

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Hyperlocal delivery startup Pickingo secures $1.3M led by Orios Venture Partners

Hyperlocal logistics startup Pickingo has raised $1.3 million in funding from venture capital firm Orios Venture Partners and Toppr.com co-founder Zishaan Hayath. Pickingo Logixpress Pvt Ltd, the Gurgaon-based company behind Pickingo, will use the money to expand operations in over 20 cities by the year end, as per a press statement. “We will be expanding into tier […]

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Online branded budget hotel aggregator Zo Rooms raises funding from Tiger Global, Orios

Zo Rooms, an online budget hotel startup by Zostel Hospitality Pvt Ltd, a tech startup which offers separate booking platforms for branded hostels and budget hotels, has raised a fresh Series A round of funding led by Tiger Global with participation from Orios Venture Partners. The financial details of the deal are not disclosed. The […]

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On-demand physical storage solutions provider to consumers BoxMySpace raises $300K in angel funding

DTC Technologies Pvt Ltd, which owns and operates a platform for physical storage services or warehousing for consumers under the brand name BoxMySpace, has raised Rs 1.92 crore ($300,000) led by Farooq Oomerbhoy, co-founder and venture partner of early-stage investment firm Orios Venture Partners, the company said on Tuesday. Ritesh Veera and members of Singapore […]

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Mobile-only local services marketplace TaskBob raises $1.2M from Orios and Mayfield

Mumbai based startup Crenovative Ideas Pvt. Ltd, which runs a mobile-only home services marketplace under TaskBob, has secured $1.2 million (Rs 7.5 crore) in seed funding led by Orios Venture Partners with participation of Mayfield India, it said on Thursday. The company currently serves in Powai area of Mumbai and is expanding operations to other parts […]

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Food ordering startup Yumist raises seed funding from Orios Venture Partners

Gurgaon-based Yumist Foodtech Pvt Ltd, which runs online food ordering startup Yumist, has raised an undisclosed amount in seed funding from Orios Venture Partners. The funds will be used by Yumist for building its production, technology and delivery infrastructure, as well as for geographical expansion. “Our view is that customers wants home-style, reasonably priced meals […]

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