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Funding Roundup: Flatpebble, Ustyme, iDreamCareer

FlatPebble Logo

Online photography service Flatpebble has raised an undisclosed amount of investment from a series of angel investors. The company has told NextBigWhat that the investment was under Rs 1 crore, with participation from investors like Raghu Bathina and Lax Gopisetty of Hyderabad Angels, Apere CEO Ram Jayam and Sitaram Banda.

The company plans to use the investment raised to improve its product, acquire new customers and for hiring.

Founded in May 2013, Hyderabad-based Flatpebble allows users to search and hire photography related professionals like photographers, cinematographers, stylists and models specializing in specific areas like wedding, sports, wildlife, celebrity, food, babies and others, although the focus is on wedding photographers. It also allows users to post job requests and receive quotes from photographers.

Besides this, Flatpebble also allows users to hire camera equipment, rent studios and order photobooks among others. The company claims to have processed around 185 jobs worth Rs 0.9 crore for photographers across 75 Indian cities in the past four months and claims to have more than 800 portfolios from photographers across 175 cities in India.

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Ustyme Logo

BSE-listed software product and technology services company Persistant Systems has launched an early stage fund called Persistant Venture Fund which will focus on social, mobile, analytics and cloud computing (SMAC) technologies and provide seed capital for early stage companies in these segments.

California-based video calling iPad app ustyme has received the first investment from this fund, although the investment amount has not been disclosed.

Founded in 2012, ustyme aims to offer users shared experiences around content like books and games. The app seems to be targeted towards parents who are away from their children and  allows users to remotely read books or play games while having a video call with their friends and family [Video Demo]

There are a few preloaded books and games and users can purchase additional books and games from the in-app content store. Books offered include ‘Goldilocks and the Three Bears’, ‘Henny Penny’, ‘Little Red Riding Hood’ while games offered include Checkers, Chess and Go Fish among others.

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iDreamCareer Logo

Medhavi Professionals Services Pvt Ltd which operates the online career counseling site iDreamCareer has raised undisclosed amount of angel funding from an unnamed Indian investor based in the Middle East, reports TechCircle.

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The company plans to use the investment raised for product development and setting up distribution networks for its career planning kit in India, Nepal, Bhutan, Sri Lanka, Dubai and Pakistan.

Founded in April this year by Ayush Bansal and Pravesh Dudani, iDreamCareer provides career assessment and career guidance solutions for students. It allows students to assess their aptitude, interest and personality profiling through various tests. It claims to offer information on more than 250 career paths and more than 1,000 colleges along with information on various entrance exams and scholarships. In addition, it also seems to offer personalized mentoring sessions for students.

It offers this service through three different packages – Mentor package priced at Rs 600, Assess Package priced at Rs 1,000 and Gold package at Rs 1,400. Mentor package offers mentoring sessions while Assess package offers career assessment tests and Gold Package offers both. The career path information is offered in all the packages.

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