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Funding roundup: Team Indus, Corporate360, Refiral & More

Team Indus wins $1 million for Lunar X landing prize

teamindusBangalore based startup Team Indus has won $1 million as a prize for completing an intermediate milestone, in a competition to become the first private enterprise to land a robot on the moon. The startup has been selected to compete for two milestone prizes, the landing prize and the imaging prize of which it won $1 million for landing.

The startup is one of the many teams competing for the $30 million Google Lunar X Prize, that requires landing a robot on the moon and travel 500 meters on the surface and send data back to earth. Currently, Team Indus is one of the five teams that has developed such a robot. For each Milestone Prize category, teams carried out a number of hardware tests representative of their planned lunar mission, while sharing extensive design information and analysis with the judging panel.

Corporate360 raises $200,000 from unnamed investors

corporate360logoSaaS company Corporate360 Pte has raised $200,000 in angel funding from unnamed investors in Japan and Singapore, reports Techcircle. The startup will use the funds for launching new marketing data products and expanding its data science and sales teams.

Founded in 2014 by Varun Chandran, the India and Singapore based startup recently opened an office in a rural area of South Kerala. It currently offers IT sales intelligence data services to various enterprises in the form of four products namely, Tech SalesCloud, DataFactory, Peep and SataStudio. As of now, Corporate360 claims to have over 90 international clients including Dell, HP and Oracle.

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Refiral raises $330,000 in angel funding from Cogent eServices

refirallogoDelhi based SaaS company Refiral has raised $330,000 in angel funding from IT services company Cogent eServices, reports Yourstory. The company will use the funds for product development and scaling its business operations in India and other international markets. With the funding, both companies have also entered a strategic partnership to build a customer support-as-a-service tool for online businesses.

Refiral is a SaaS based marketing tool for online businesses, that enables e-commerce websites to run fully automated referral viral marketing campaigns. Launched in March last year, the platform claims to have run such campaigns for over 250 businesses in more than 10 countries, in different verticals.

HW Wellness Solutions raises $200,000 from individual investors
healthyworldlogoMumbai based HW Wellness Solutions, the owner of the online healthcare products store HealthyWorld.in, has raised $200,000 from a group of investors including an NRI, a surgeon and an entrepreneur, the company told Techcircle. The startup will use the funds for offline integration, private labelling and marketing.

Founded in May 2011 by Pura Gupta and Sreejith Moolayil, HealthyWorld.in claims to sell over 4000 products including healthy foods, nutrient foods suppliments, disease specific alternatives, various teas and organic foods among others. The firm also claims to have tied up with 200 nutritionists and dieticians to list products with an unbiased researched feedback. Currently HealthyWorld.in competes with Healthkart, which had raised funding from Intel Capital in 2013.

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