B2B packaging material marketplace Bizongo raises $3 mn from IDG, Accel

bizogoSmartpaddle Technology Pvt. Ltd, which owns and operates business-to-business (B2B) marketplace for packaging materials Bizongo, has raised $3 million (around Rs 20 crore) in Series A round of funding from IDG Ventures and existing investor Accel Partners. The Mumbai-based startup will use the money to expand its seller base, build automation, improve supply chain and […]

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Accel Partners, Jungle Ventures invest $4 mn in B2B marketplace Moglix

Moglix_feMoglix, run by MOGLILABS Pvt. Ltd, a B2B e-commerce company specialising in procurement of industrial products, has raised Rs 28 crore ($4.2 million) in Series A round of funding led by Accel Partners, along with Jungle Ventures and SeedPlus. Jungle Ventures’ co-founder and managing partner Anurag Srivastava has joined the startup’s advisory board after this […]

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Cybersecurity startup Lucideus raises investment from Motilal Oswal PE director

lucidus_feDelhi-based cybersecurity startup Lucideus Tech Pvt. Ltd has raised an undisclosed amount of angel funding from Motilal Oswal Private Equity Advisors director Amit Choudhary. The startup said in a statement it will use the capital to expand operations and hire talent. The company was founded in 2012 by Saket Modi, Vidit Baxi and Rahul Tyagi. […]

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Cybersecurity startup TAC Security gets pre-Series A funding

Trishneet-Arora_feTAC Security Solutions, which provides cybersecurity solutions to corporate clients, has secured an undisclosed amount of funding in a pre-Series A round from Vijay Kedia. Kedia is a stock market investor, managing director of Kedia Securities Pvt. Ltd and director of three-wheeler maker Atul Auto Ltd, the company said in a statement. TAC Security now […]

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Indore- and Nashik-based startups among nine funded this week

trackerA total of nine startups got funded in the week gone by, including three from Indore and Nashik that got their first cheque. The startups that raised funds also included Appknox, a Singapore-based mobile security company, which received $650,000 in a pre-Series A round from early-stage venture fund SeedPlus. Mumbai-based jewellery marketplace Joolz raised $490,000 […]

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Mobile security startup Appknox raises $650K from SeedPlus

AppknoxBengaluru- and Singapore-based mobile security company Appknox has raised S$875,000 ($650,000 or Rs 4.35 crore) in a pre-Series A round led by SeedPlus, a new seed-stage venture capital firm backed by Jungle Ventures, Infocomm Investments, Accel Partners and RNT Associates. The startup has used the capital to launch its cloud-based mobile security solution for businesses […]

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