Lookup raises $382,000 from Japanese investors
Bangalore-based messaging app Lookup has raised $382,000 in seed funding from Japanese investors Teruhide Sato and DeNA Co, reports the Economic Times. The company had previously raised $160,000 from Infosys co-founder Kris Gopalakrishnan and $100,000 from MKS Switzerland, last month.
Lookup is a free app that essentially allows users to chat with local businesses. It lets consumers make reservations at pubs and restaurants, book appointments at clinics, salons, hospitals and spas, and provides information about deals, prices, timings and product availability from offline stores. As of now, the service is only available in Bengaluru and can be accessed via its Android app.
VioletStreet raises $315,000 from angel investors
Hyderabad-based Thinkbits Internet Technologies Pvt Ltd owned social commerce platform VioletStreet.com, has raised $315,000 in angel funding from angel investor Srinivasa Rao Paturi and former Bank of America SVP Venkat Vallbhaneni, reports Techcircle. The startup plans to use the funds for marketing and tying up with vendors.
As a part of the deal Vallabhaneni and Sudhakar Reddy, who facilitated the round, will join the startup’s board. Previously, VioletStreet had raised a funding of Rs 10 lakh from five investors at Startup SmashUp in Hyderabad in May last year. The website, which offers fashion curation and retail services, had gone live in March last year.
SpoonJoy raises an undisclosed amount from Sachin Bansal and others
Bangalore-based Emvito Technologies Pvt Ltd owned brand SpoonJoy, has raised an undisclosed amount in funding from Flipkart co-founder Sachin Bansal and chief product officer Mekin Maheshwari, reports Techcircle. Founder of Tracxn Abhishek Goyal and co-founder of Delhivery Sahil Barua also participated in the funding. The startup plans to use the funds to grow its customer base, expand operations in the city and to launch an iOS app.
Launched in April last year, SpoonJoy offers a weekly subscription-based online platform that allows consumers to order meal packs, like cut-fruit packs, sprouts, lunch, snacks etc., to deliver at a set place and time, like their offices. As of now the company claims to receive 350-400 orders a day, of which close to 90 percent come from offices.
Instant messaging app Yup! raises $500,000 in seed funding
Gurgaon-based Nucleus Research Pvt Ltd. owned instant messaging app Yup!, has raised $500,000 in seed funding from angel investor Harsh Khanna and Olive Telecom chairman Arun Khanna, reports Techcircle.in. The startup will use the funds to improve its app experience.
Yup! claims to be a smart messaging app, that features one click messaging, various themes and sounds, and privacy and permission based connections that lets users block and unblock other users. The app also claims to be optimized for low bandwidth usages and is currently available for Android with an iOS app coming soon.
BookMEDS raises $100,000 from Fabella Singapore Pvt Ltd
Hyderabad-based Zibew E-Commerce Pvt Ltd. owned brand BookMEDS, has raised $100,000 in seed funding from Fabella Singapore Pvt Ltd, an investment firm founded by former president at SAP Krish Datta, reports Techcircle. The startup will use the funds to drive its sales and marketing.
BookMEDS is an e-commerce platform that enables customers to order prescriptive and non-prescriptive medicines along with other surgical and medical products online. The platform partners local pharmacies for the medical products and invoices generated in the name of the end user. The company also aggregates doctors and hospitals in Hyderabad which can be compared and rated by users.
PlaySimple Games raises an undisclosed amount from IDG Ventures
Bangalore-based mobile social gaming startup PlaySimple Games has raised an undisclosed amount in funding from IDG Ventures, with participation from former general manager at Zynga Yezdi Lashkari, reports Techcircle. As a part of the deal Karthik Prabhakar of IDG has joined the startup’s board. The startup will use the funds to build its portfolio of casual mobile games targeting the global markets.
Founded in July last year, PlaySimple Games currently offers a title called GuessUp, which is similar to Pictionary although featuring ‘emoji’ instead of pictures and PicTales in which users get 4 pictures as clues to a word, which one has to guess right to win. The startup plans to release multiple games in the market over the next few months.
Mumbai Angels invests an undisclosed amount in Primaseller
Retail technology startup Primaseller has raised an undisclosed amount of funding from Mumbai Angels, reports the Economic Times. The round of funding was led by Mumbai Angels member Aniruddha Malpani with participation from tech entrepreneur Kishore Ganji and others. The startup will use the funds to build a stronger customer base, increase the number of online channels integrated on the platform and relocate its team to Bangalore.
Primaseller currently provides a software as a service platform, that helps retailers manage brick and mortar stores as well as sell on online channels like eBay, Amazon and Flipkart. It aims to provide a complete backend support for merchants including inventory, product and other data management from multiple channels on a single interface.
Baring Private Equity Fund exits Integra Software
Baring Private Equity Fund has exit Pondicherry-based Integra Software, as a consortium of private investors led by promoters and associates of the company, acquired the entire existing stake of Baring PE for an undisclosed amount, reports the Times of India.
Baring which had acquired a majority stake in Integra in 2006 was looking at exit options, when promoters Sriram Subramanya and Anuradha Sriram along with associates made a bid for the stake. Founded in 2000, Integra provides digital content, end to end publishing and e-learning services to global publishers and educational institutions. It currently claims to earn a revenue of Rs 75 crore, which it is looking to increase four times in the next three years.
Zimmber raises an undisclosed amount from individual investors
Mumbai-based Rejuvenate Solutions Pvt Ltd. owned Zimmber, has raised an undisclosed amount in funding from Praveen Sinha, the India head of Jabong, and an unnamed senior executive from Godrej Group, reports Techcircle. The startup will use the funds to build its product.
Zimmber is an online home service booking platform, for things like electric glitches, installation of A/Cs and fixing a tap leak etc. The website has a preset list of such problems listed on the site, so it can be selected quickly from the drop-down menu or users can custom define their problems. On booking a service, the firm contacts the user to confirm availability, before sending in the service provider. According to the platform, it generated Rs 2 lakh revenues in November and crossed Rs 8 lakh last month.