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Funding Digest: Avaz, Nestopia

Avaz AAC, a speech therapy app for children with autismAvaz AAC App for Autism has raised $550k in seed funding led by Inventus Capital and Mumbai Angels, reports Tech Crunch. The app was developed by Ajit Narayanan and his team at Chennai-based Invention Labs. The new funding will be used to expand into new geographies and into core research to bring out additional features.

Avaz AAC is a picture-based communication app developed for children who are non-verbal or who have difficulty speaking. It teaches a child with autism how to communicate. This is the first round of funding the 7-year-old company has received.

In India, the app is available in multiple regional languages. Narayanan also told the publication that autistic children from U.S., Denmark, Australia, India and Italy are using the app.

The basic version of the app is available for free and it can be tested by parents. Based on this, they can decide if the paid and advanced version would be worth it.

Other apps made by Indian developers for children with this disability include Autista by Madrat Games and Bol by SAP Labs India.


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Nestopia receives funding from Century Plywood

Mumbai-based Nestopia.com, an online interior designing marketplace secured anNestopia undisclosed amount in funding from plywood maker Century Plywood, TechCircle reports.

Nestopia, which falls under the Century Infotech brand, will use this capital to roll out its mobile app and create an ecosystem of interior designers, the report states. The company was founded by Harsh Jain in 2013. Nestopia offers an online marketplace model and connects its website visitors to interior design experts, products and designs. The sellers listed on Nestopia’s platform include Nesta Furniture, Freedom Tree, FabFurnish, Urban Ladder, and Pepper Fry.

We have contacted Nestopia to clarify whether Century Infotech and Century Plywood are related. We shall update the post once they respond



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