Wow Express secures $500,000 from Tamarind Family
Mumbai-based logistics solutions company Wow Express has raised $500,000 in a round of funding from Tamarind Family Private Trust, the family owned trust of Mansukhani family, reports Vccircle. As a part of the funding, Vijay Mansukhani will join the startup’s board.
Founded in January 2015 by Sandeep Padoshi, Mazhar Faruqi and Jayesh Kamat, the platform provides logistics solutions to ecommerce players, with features like realtime updates, card on delivery and 48-hour cash on delivery remittance. As of now, the platform claims to process over 100,000 parcels every month.
Opinio raises nearly $1.6M from Accel Partners
Bangalore-based hyperlocal delivery startup Opinio has raised close to $1.6 million in a round of funding from Accel Partners, reports Vccircle. The startup had previously raised seed funding in April from Accel and the incubator Tracxn Labs.
Founded in January 2015 by Mayank Kumar and Lokesh Jangid, the startup provides last mile delivery services to grocers and restaurants. The company claims to deliver orders within 20 minutes and to deliver nearly 1,000 orders daily for more than 100 restaurants and grocers.
Pipa+Bella raises $600,000 led by LionRock Capital
Mumbai-based jewellery online retailer Pipa+Bella, has raised $600,000 in a round of funding led by the Singapore based LionRock Capital, reports Vccircle. The platform will use the funds to expand its product offerings, for marketing and hiring management.
Other investors participating in the funding include individual investors Teruhide Sato and Roopa Nath. Founded in 2012, Pipa+Belle sells private label non-precious jewellery items and competes with platforms like Crunchy Fashion and Voylla, other than e commerce platforms like Amazon and Flipkart, which also sell fashion jewellery.
Pickingo secures $1.3M from individual investors
Founded in December last year, the platform offers reverse pickups for ecommerce players like Snapdeal, Paytm, Jabong and Shopclues in six cities. As of now, the platform claims to have signed up more than 300 groceries, pharmacies and restaurants. The company claims it will expand its services to more than 20 cities before the year end.
The Home Salon raises seed funding from VentureNursery
Mumbai-based The Home Salon has raised an undisclosed amount in seed funding from the startup accelerator VentureNursery, reports Vccircle. The startup will use the funds for launching an Android and iOS app as well as to expand its services to outside of Mumbai.
Graduating out of VentureNursery’s sixth batch in June 2015, the platform currently aims to connect stylists, beauticians and therapists with customers looking for home services and treatments. As of now, the platform is present only in Mumbai and offers curated products through its app-based model.