Scrollback raises Rs 3 crore from Jungle Ventures Free and open source chat service Scrollback has raised Rs 3 crore investment led by Singapore-based Jungle Ventures, reports the Economic Times. The company plans to use the funds to expand its coverage to more forums. Founded in June 2013 by Aravind Ravi-Sulekha and Gaurav Srivastav, Scrollback is a chat service for online communities and forums. It basically hosts chat rooms that can be embedded into web pages or linked to IRC channels and Twitter hashtags. The platform is written in Node.js and hosts its source code on GitHub. The company was previously incubated at the Joyful Frog Digital Incubator in Singapore. Velvetcase raises $1M from The Chennai Angels Mumbai-based online designer jewelry store Velvetcase has raised $1 Million from The Chennai Angels. The investment was lead by The Chennai Angels members Kayar Raghavan & Lakshmi Potluri with participation from other angel investors like Jacob Kurian, Jerry Rao and Arihant Patni. Founded in 2012 by Kapil Hetamsaria & Runit Shah, Velvetcase offers custom & designer jewelry. The company claims to have partnered with several designers across the world to offer various jewelry designs to consumers. This includes Payal Pratap, Bombay Atelier, Inara and Tilly Shaw among others. It currently offers products like rings, earrings, bracelets & necklaces among others. Rail Yatri raises seed funding from Blume Ventures Noida-based Stelling Technologies Pvt Ltd which operates the crowd-sourced travel service Rail Yatri, has raised an undisclosed amount of seed funding from the early stage investor Blume Ventures and an unnamed existing US-based…
