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Funding roundup: Caravan Craft, Appbase and Persistent Systems

Caravan Craft raises 3 crore, to expand in Europe and India Handicraft store Caravan Craft Retail has raised Rs 3 crores in a round of funding led by individual investors Narayan Ramachandran and Bijou Kurien and the investment fund Unitus Seed Fund, reports ET. The startup will use the funds to expand its presence in India and Europe and acquire customers. Caravan currently sells offline and through its online store. The company said its in the process of revamping its website and launching across other online channels and ecommerce website. Caravan has a retail store in Bangalore and Pune, other than duty-free outlets at the Bangalore and Mumbai international airports. Other than this the startup will also open at the Delhi airport soon as is looking to partner departmental stores in France, Switzerland and other European countries. Appbase raises $180k in funding from Techstars and Carnegie Appbase, which lets developers build real time and collaborative app through its API, has recently raised $120k from Techstars and $60k from Carnegie Mellon University, reports YourStory. Prior to this, the startup had received $10k from the entrepreneurship cell at DA-IICT and $100k in grant from the startup Brasil program. Appbase provides a realtime events based database API, collaborative features like user authentication, security rules via REST API and ‘ElasticSearch’ powered search. Developers using the Appbase API can access it cross platform, on mobile, web and other devices. The platform currently offers tiered plans ranging from $20 to $100, for 1m API calls to…

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