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Funding roundup: Venturesity, MyCuteOffice, Red Polka


Venturesity raises $250k in angel round of funding 

Bangalore-based startup Venturesity, which helps companies hire people through online challenges and tests, has raised $250,000 in its Angel round of funding, reports YourStory. The startup’s investors include Phanindra Sama, Jay Sethuram, Hemant Kanakia, Joshua Bornstein, Phanish Puranam and Ravi Trivedi. The company intends to use the funds to make the technology platform more robust,expand to other geographies and verticals and increase its headcount from its current 20. The company’s platform allows recruiters to post challenges for job seekers which will simulate real working scenarios they would encounter at a work place. Each challenge also comes with a set of learning resources. The company claims firms such as Oracle, Microsoft, Housing, Ola, PayU, NewsHunt, Hike, MoveinSync and Craftsvilla, as its clients.


MyCuteOffice secures angel funding from Lead Angels

Office spaces marketplace MyCuteOffice has raised an undisclosed amount in its angel round of funding from Lead Angels, an IIT Bombay alumni focused angel group. MyCuteOffice allows people to rent vacant work desks, offices, studios and meeting facilities for small businesses. MyCuteOffice allows businesses to rent spaces on hourly, daily or monthly basis. The company has been live for four months and claims that it has connected 400 space seekers and has listings in Mumbai, Bangalore, Hyderabad, New Delhi, Noida and Gurgaon. Abhishek Barari, founder and CEO of the company said that they will be launching a mobile app in the coming months.


Curation platform Red Polka raises undisclosed amount in funding

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Red Polka, a curation platform which showcases clothing, brands, designers and other accessories has closed its first round of angel funding from a clutch of investors. The company is looking to target women aged more than 23 and curates fashion and lifestyle products. The website currently has six categories: clothing, accessories, kids, drink+dine, decor and others. Brands pay a fee to register with Red Polka to showcase their products. A shopper can surf their site to shortlist a product of her liking and then after clicking she will be directed to the retailer’s site to complete the transaction. The funds raised will be used to launch Red Polka mobile app and for team expansion. The app is expected to hit app stores in 2-3 months, the company said. The company has also  hired Parnil Mhatre as Chief Technology Officer. Parnil Mhatre has background in artificial intelligence, predictive analytics and recommendation systems will help Red Polka customize their curation for women shoppers.

*Sushanto Mitra was mentioned as CEO of MyCuteOffice. Abhishek Barari pointed out the error. It has been rectified

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