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Funding Roundup: TravelKhana, GirnarSoft & Candidly

travelkhana

Online food delivery service for trains TravelKhana.com has raised an undisclosed amount of investment from Google India managing director Rajan Anandan, reports TechCircle citing a source close to the development. TravelKhana CEO Pushpinder Singh and Anandan have not responded to the publication while Palaash Ventures spokesperson has declined to comment. We tried contacting Singh but we’re yet to hear back from him.

The source told the publication that Anandan had co-invested with Palaash Ventures in September-October 2013. Last month, there were talks of TravelKhana raising investment from Palaash Ventures and individual investors like Axind Software CEO Matteo Chiampo, however neither Palaash Ventures nor TravelKhana had confirmed or denied this investment. Prior to this, TravelKhana had raised Rs 35 lakhs from Chiampo.

Started in August 2012, TravelKhana allows railway passengers to order food online and through telephone, which is then delivered to them when the train reaches a particular station. Users can order food by providing journey details like date and starting & ending stations or by searching for restaurants based on train PNR number, browsing through the restaurant menu and placing their preferred orders. It claims to have tie-ups with more than 200 restaurants and caterers across 80 railway stations and claims to have served over 1.39 lakh orders at the time of writing this article. (more on TravelKhana here)

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CarDekho Logo

Jaipur based GirnarSoft which operates CarDekhoBikeDekho and PriceDekho is close to raising over $15 million from Sequoia Capital for a 20% stake, reports The Times Of India. The deal apparently values the company at around $50 million. There is currently no information on where the company plans to use this investment. We’ve been awaiting a response from Sequoia Capital on this investment since Friday.

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Started in 2007, GirnarSoftware first launched the website CarDekho in 2008, to provide buyers with information like price comparison, dealer contacts, finance, insurance among others for various new and used cars. The company CEO Amit Jain claims that CarDekho clocks 3 million unique visitors on a monthly basis.

Besides CarDekho, the company operates bike information portal BikeDekho, mobile information portal MobileDekho and an online price comparison engine PriceDekho. It also provides offshore products and outsourced software development services across various segments like enterprise mobility, mobile apps development, e-commerce, web development and others.

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Candidly

Candidly, a Snapchat-like photo sharing Android app has raised angel funding from four undisclosed investors, reports TechCircle. The company plans to use the investment raised for test marketing.

Launched early this year by Vinay Bharathwaj, Candidly allows users to take pictures, doodle on them or leave a voice comment and share it with their friends. It also allows users to set a time limit of 10 seconds after which the photo automatically disappears. Bharathwaj told the publication that a shared photo album feature is also in the works.

The app is currently in beta and is available as a free download on Google Play Store.

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