New Delhi-based mobile app Cardback has raised Rs 1 crore through the online fund raising platform LetsVenture, reports TechCircle citing sources. Cardback’s founder Nikhil Wason has declined to comment on this to the publication. The company had earlier raised angel funding from Rajan Anandan and Sunil Kalra and was also part of The Morpheus accelerator's ninth startup batch. Cardback is an Android app that notifies users about various offers, cash back and EMI schemes on their debit, credit and loyalty cards whenever they enter a mall or a market. It also provides users information about reward points, EMI and cashback schemes, and other deals on their cards at restaurants, cafes, petrol pumps, supermarkets, online e-commerce and travel booking sites, sports ticketing sites and others. Cardback currently works in Delhi NCR, Mumbai and Bangalore. It claims to support more than 500 cards from banks like HDFC Bank, ICICI Bank, Citibank, State Bank of India, Standard Chartered Bank and American Express (Amex) among others. The company claims to currently have 20,000 users on Android, adding around 125 new users every day. ***** Cloud-based HR and payroll management solutions provider Greytip Software Pvt Ltd has raised an undisclosed amount of investment from Blume Ventures, reports TechCircle. The company plans to use the funds for strengthening its SME marketing & sales efforts. Founded in 1994 by Rowjee and Sayeed Anjum, Greytip offers solutions for payroll management, employee administration, leave management, attendance, and employee document management among others. These solutions are available on SaaS and an on-premise models. It currently offer these solutions through various plans starting at…
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