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Funding Roundup: VioletStreet, Zify, mGaadi & LetsVenture

VioletStreet, Zify raises Rs 10 lakh funding each  VioletSreet and Zify have raised a funding of Rs 10 lakh each from five investors at Startup SmashUp, at an event organised by The Indus Entrepreneurs (TiE) in Hyderabad. The investors have picked up a 10% equity in each firm. The story was first covered in Hindu Business Line. VioletStreet is a fashion curation and retail site that went live in March this year. Zify meanwhile, is a Hyderabad-based startup that lets anyone offer ride sharing services. It lets users carpool with an option to choose time and location from the app. Zify is in the process of receiving feedback from its customers which they are using for product development. Recently, another Indian social shopping platform LimeRoad had raised a Series B funding of $15 million from Tiger Global, Matrix India and LightSpeed Ventures. * mGaadi call-auto service raises seed fund from Unitus Bangalore-based mGaadi, a call auto service has raised seed stage funding from Unitus, reports The Economic Times. mGaadi, an m-commerce ordering service for auto rickshaws will use the seed fund to develop its network of auto drivers, to enhance its technology platform, and to expand its operations in Bangalore and other Indian metros. mGaadi is a commuting service from India Drivers Network which builds a location-based network of commercial drivers (starting with auto rickshaw drivers) and powered by customer ratings. Consumers can use mGaadi's service by booking an auto over an app or a telephone call for a near-immediate pick-up, or…

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