Company Name: Beyond Evolution Amount raised: Undisclosed Sector: IoT Date announced: 24th August 2016 Investors: Vineet Taneja and Kamal Puri What they will use the funding for: Product development and marketing. Source: ETTech * Company Name: TAC Security Solutions Amount raised: Undisclosed Sector: IT security Date announced: 22nd August 2016 Investors: Vijay Kedia What they will use the funding for: Source: Inc42 * Company Name: Shaadisaga Amount raised: Undisclosed Sector: Online wedding planning Date announced: 24th August 2016 Investors: Anupam Mittal, Kunal Shah, ah! Ventures What they will use the funding for: Marketing activities and for upgrading product technology and to on-board more vendors. Source: ETTech * Company Name: Advenio Technosys Amount raised: $100,000 (~Rs 67 lakh) Sector: Artificial Intelligence Date announced: 24th August 2016 Investors: Kalaari Capital owned Kstart What they will use the funding for: Upgrading its product and for clinical validation. Source: ETTech * Company Name: GuaRented Amount raised: $500,000 (~3.4 crore) Sector: Online Rental Marketplace Date announced: 24th August 2016 Investors: Kalaari Capital owned Kstart What they will use the funding for: Scale supply inventory and enhancing the technology platform. Source: ETTech * Company Name: Unacademy Amount raised: $1 million (~Rs 6.7 crore) Sector: Education Date announced: 24th August 2016 Investors: Sachin Bansal, Vijay Shekhar, Kunal Shah & Blume ventures What they will use the funding for: Enhancing its app, research, product development and team. Source: ETTech * Company Name: NearU Amount raised: Undisclosed Sector: Online/Offline retail shop aggregator Date announced: 23rd August 2016 Investors: Dr. Goutam Challagalla What they will use the funding…
