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Funding roundup: Nestaway, The Better India and GolfLAN

Nestaway raises $1.25 million Shared accommodation for singles platform Nestaway has raised $1.25 million from IDG Ventures and angels including InMobi founder Naveen Tewari, reports ET. The funding will be used to launch operations in NCR region and Pune. Based in Bangalore, Nestaway lets users find housing rentals and house owners rent their properties on the platform. It also provides services like house cleaning, plumbing and relocation services (only from one Nestaway house to another) among others. Founded by Amarendra Sahu, Jitendra Jagadev, Smruti Parida and Deepak Dhar, the two month old startup aims to address the issues faced by young people or students who move cities for jobs/education and are generally not welcome by house owners to rent. Sahu and Jagdev previously founded television technology startup BrizzTV. **** The Better India raises $160,000 from angels Bangalore-based social issues news website The Better India has raised $160,000 funding from members of angel network Intellecap Impact Investment Network including Raveen Sastry, co-founder of Myntra, and Sohil Shah, reports TechCircle. The funds will go towards scaling traffic and possibly creating a long-term partnership with a “large” media or publication house. The report mentions that Intellicap will own an equity stake in the company in lieu of its fees. The company claims to have over 500,000 visitors monthly and has over 100 contributing writers across India. It was founded by Dhimant Parekh and Anuradha Kedia in 2008. **** Subscription-based golfing slot booking platform GolfLAN raises undisclosed seed funding GolfLAN has raised an undisclosed amount of…

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I'm a MediaNama alumna from 2015-16 (remember TinyOwl?) now back to cover e-services like food and grocery delivery, app based transport and policies, platforms and media in India.

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