Chennai based healthcare start-up XCode Life Sciences has raised Rs 1 crore as angel funding from a U.S based micro-venture capital fund Shead Holdings and from an individual investor, reports The Hindu Business Line. The report states that the funds will be used to launch a  a genetic testing based anti-ageing application and a mobile health advice service that provides health tips as SMS and audio clips.

XCode currently provides health services that use genetic testing to prescribe health care against lifestyle diseases like diabetes, obesity, among others. Based on test results, diet and fitness plans are prescribed to individuals.


Cab sharing service Cubito has raised undisclosed amount of angel funding from unnamed Indian angel investors, reports TechCircle. The report states that the funds will be used for hiring and expanding to Pune and Hyderabad, this year.

The company currently offers shared cab services by using a technology platform that groups people travelling in the same route. The price offered by the cab service to its customers is Rs 7.5 per km.


Social discovery platform, has raised an undisclosed amount as follow-on round of funding from Silicon Valley based seed stage investment firm Ecosystem Ventures LLC, reports TechCircle. The report states that Alexander Fries, President of Ecosystem Ventures, will join the board of the company and the funding will be used for user acquisition, expansion of team, and replication of the model in other cities in the country.

Wicfy currently enables users to find the lowest prices of products in their cities through user-generated content regarding prices, stores and products. While anybody can use the platform, users need to register to contribute content to the website.


Shoptimize that offers an e-commerce based SaaS (Software as a Service) has raised undisclosed amount of funding from Tandem Capital, reports TechCircle. It is not clear however clear how the fund raised is going to be used but Tandem Capital’s website states that their investment size is usually $200,000.

Shoptimize was started by Mangesh Panditrao (CEO) and Vivek Pathak (CTO) in 2012. The company’s SaaS offering can be used by merchants to set up, operate and manage online sales. Some of the features offered by them include shopping cart, payment gateway integration, SEO, integration with logistics, among others.


Online shopping tool, has raised Rs 22 laksh as angel investment from Gaurav Bhatnagar, Ankush Nijhawan and Manish Dhingra, reports The report states that the funds will be used for product development.

The company currently offers a web plug-in that can be added to the browser and used while shopping on websites. It collects coupons, discounts and the best offer is applied to the purchase while the user is making a purchase. The company claims to work with 250 Indian websites.