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Funding Roundup: Chance, Portea Medical, Experifun & Others

Chance Logo

Mobile app Chance which allows users to have short video interactions with their influencers, has received a grant of $25,000 from the US-based accelerator Venture Hive, following its induction into the second batch of the latter’s accelerator program.

Founded by Abhijit Gupta and Sandeep Mederametla, Chance allows users to send video requests to their influencers on Twitter, Facebook and its own Chance network, through its upcoming Android and iOS app. Following this, the influencer can send a video reply to the user through the app and both the interaction videos are stitched together, which can then be shared on Twitter and Facebook. (Video Demo)

The app is currently in invite-only mode and was part of Microsoft Ventures India accelerator’s third batch which graduated last Friday.


Portea Logo

In-home healthcare and emergency medical services company Portea Medical has raised Rs 48 crore ($8 million) from Accel Partners and Ventureast in return for 30% stake, reports The Times Of India.

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Founded by Zachary Jones and Karan Aneja in 2012, Portea Medical was acquired by husband and wife duo Krishna and Meena Ganesh in July 2013. It currently offers in-home healthcare services like physiotherapy, nursing, attendant or home health aide, doctor visits and others. The company is currently operational in Bangalore, Chennai, Delhi/NCR and Mumbai with plans to launch in Hyderabad, Chandigarh and Pune.

It claims to have more than 150 doctors, nurses and physiotherapists on board and carries out more than 2,000 home visits in these four cities, as indicated by the report.



Pearson and Village Capital has invested $75,000 each on Bangalore-based Experifun and Hyderabad-based Sudiksha Knowledge Solutions, as part of its Edupreneurs programme.

Experifun develops science kits called Caboodle, which allows teachers to conduct science experiments and activities in the classroom. The kits are available for grades 3-8 students across various courses like CBSE, ICSE, State boards and others. The company has apparently sold these kits to 40 schools in a pilot.

Sudiksha operates pre-schools in underprivileged urban neighbourhoods, by recruiting local women to run branches on a profit sharing model. It presently owns and manages 22 pre-schools in and around Hyderabad.

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Realty Compass Logo

Chennai-based Blitzkrieg Technology Pvt Ltd which operates the property search engine RealtyCompass has raised an undisclosed amount of angel investment from an unnamed small early stage investment firm, reports TechCircle. The company plans to use the investment raised for building the product and data gathering.

Started in July 2013, RealtyCompass currently offers residential projects listings in Bangalore, Chennai, Hyderabad and Coimbatore with plans to launch in Mumbai, Delhi, Kolkata, Ahmedabad and Pune in the next three months. It claims to have 3,500 listed projects on the portal with monthly revenues of Rs 20 lakh.

It currently allows users to choose their preferred localities to view the available property listings in those localities. One can currently search for residential apartments, plots and independent homes. One can also filter these listings through various parameters like bedroom, property area and pricing among others.

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