Bangalore-based Delyver.com raises Rs 6.5 crore in funding
Bangalore-based online platform that connects offline retailers with customers in the neighbourhood Delyver.com has secured over Rs 6.5 crore in a round of funding from an undisclosed VC fund in the city, reports Techcircle. The startup plans to use the funds to expand its operations to 20 cities by next year.
Founded in 2010 by Salu, Reebu Varghese and Praful Thachery, Delyver is a hyper local ecommerce platform, that works with offline retailers to connect them to customers in their neighbourhood. Currently, the platform claims orders placed on it are processed and delivered within 60 minutes. As of now the company operates in Bangalore and offers products in nine different categories, covering 21 neighbourhoods and over 1000 retail outlets in the area.
Coupons platform GrabOn secures $250,000 from unnamed HNI
Hyderabad-based e-commerce products company Landmark IT Solutions (LMIT) operated online coupons and deal platform GrabOn has received $250,000 in funding from a US-based unnamed high net-worth individual (HNI), reports Techcircle. The company will use the funds to expand its operations in North America, with a focus on the US, early next year.
Founded in September 2013 by Bhanu Raju, Spandan Jaggumantri, Sitaram Bodempudi, HariBabu Yeliti, Ashok Reddy and Nagendar Chamalla, GrabOn is an aggregator of online coupons and deals in various verticals including electronics, fashion, travel and food and dining etc., from e-commerce websites like Amazon, Flipkart, Snapdeal, redBus, Foodpanda etc. It currently claims to list over 3000 coupons from more than 1000 merchants, and to have over 20 lakh unique monthly visitors. The startup operates in Mumbai, Delhi, Bangalore, Chennai and Hyderabad.
FindURClass.com raises funds from Venture Nursery’s angels
Mumbai-based online search and discovery platform for extracurricular activities and hobby classes FindURClass.com has raised an undisclosed amount in funding from Venture Nursery’s angels, reports Techcircle. The startup said it will use the funds to upgrade its technology, user interface and customer experience.
Investors participating in this round of funding included Amit Patni, Artha Venture Partners, Vishal Maheshwari, Arihant Patni, Samir Shah, Krishna and Aditya Jhunjhunwala, Vikas and Kanwal Kapoor and Nitin Agarwal among others. Launched in 2013 by Rina Nathani and Aakash Jethwani, the startup aggregates activity and hobby classes held across the country. It currently claims to list over 6000 classes in 10 different categories including cooking, photography, sports, music, health, singing and dance, among others.
Aureus Analytics secures over Rs 5 crore through LetsVenture
Big data analytics startup Aureus Analytics Pvt Ltd has raised over Rs 5 crore in funding from a group of individual investors, through the online platform that connects startups and accredited investors LetsVenture, reports Techcircle. The startup plans to use the funds to expand its engineering and business teams, and for product development.
This round of funding was led by Steven Sule, with participation from Google India head Rajan Anandan, MD of The Hive India Arihant Patni and Arun Venkatachalam. Founded in 2013 by Anurag Shah, Ashish Tanna and Nitin Purohit, Aureus provides insurance companies and banks with predictive analytics and big-data solutions. It currently counts Bharti AXA Life Insurance, Aegon Religare Life Insurance and General Insurance Council of India among others, as its clients.
Corrigendum: An earlier version of this story erroneously listed the wrong clients for Aureus. Our apologies for the error.