UK-based workforce management startup SwiftShift has raised an undisclosed amount of funding from Indian Angel Network (IAN). Founded by Dan Sandhu and Assaf Shalvi in 2012, the company has developed a solution that allows companies to quickly fill short-notice shifts using their own staff through SMS, email and mobile technologies. It creates a matching algorithms to create a regional employee bank letting workers to accept shifts across multiple locations. IAN invests up to $1 million in startups at an average of about $400,000 to $600,000. IAN has now set up a UK chapter and this is the first investment it made in the region. Tax advisory firm KPMG said that it is becoming a corporate partner to provide support services for IAN's UK chapter. IAN has previously invested across geographies including Sri Lanka, Canada, France and Hong Kong. It has a portfolio of 100 plus companies across multiple sectors like IT, mobile, healthcare and education, gaming, hospitality, semiconductor, and social media. The announcement, follows a reception for the IAN investor group at Number 10, Downing Street earlier this week, attended by British Prime Minister David Cameron and senior ministerial colleagues Vince Cable, Matthew Hancock and Oliver Letwin. Hindustan Times reports that Indian companies are now the fifth largest investors in the UK and more than 50% of Indian investment into Europe goes to the UK. * Online healthcare marketplace DocTree has raised an undisclosed amount of funding from S4 Holdings, according to VCCircle The company plans to use the funding to…
Health
Funding digest: SwiftShift raises funding from IAN; DocTree from S4 Holdings; CropIn from Ankur Capital
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