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Funding roundup: Instasafe, DropKaffe, Eazy Coach and more


Indian Angel Network invests in Instasafe

Instasafe, a cloud-based security solutions provider, has raised an undisclosed amount of funding from the Indian Angel Network, reports NextBigWhat. Instasafe helps mobile and remote workers securely access enterprise apps, email and web on a SaaS model. Vishal Khare and Alok Agarwal have led this round on behalf of IAN. The company was founded by Sandip Kumar Panda, Biju George, Prashanth Guruswamy & Deepak Panigrahy in November 2012. InstaSafe offers a hardware free, zero configuration security-as-Service which can be deployed in minutes and provides comprehensive reporting.



Online coffee shop DropKaffe raises $300,000

DropKaffe, an online on-demand coffee shop, has raised $300,000 in angel funding from P39 Capital, Manish Singhal and a clutch of other investors based in the U.S. and Singapore, reports NextBigWhat. The five-month-old startup was founded by Rakshit Kejriwal, Lakshmi Dasaka, Chaitanya Chitta and Amar Yashlaha. Prior to DropKaffe, the team worked together on SmartOn – an education technology startup that was part of TechStars Accelerator in New York last year. The company is currently operational in Bangalore and plans to roll out in other cities soon.

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Eazy Coach raises angel funding 

Kolkata-based education startup, Eazy Coach has raised an undisclosed amount in angel funding from entrepreneur and angel investor Ravi Agarwal, reports TechCircle.  Eazy Coach will use the money to launch a mobile app and to expand the range of its services, Om Agarwal, the startup’s 22-year old founder said. Eazy Coach connects students with admission coaches through an online marketplace. It also helps students to prepare for specific exams in foreign universities. The startup also connects students with corporates for educational loans.


better butter

Social food discovery platform BetterButter raises seed funding

BetterButter, an online social, food discovery platform, has raised a seed funding round led by growventures.  The platform currently focuses on recipes, allowing users to create, share, discover, and appreciate recipes, and aims to become the de-facto platform for all things kitchen in the future. BetterButter was founded by Sukhmani Bedi and Niyaz Laiq, graduates of Cambridge, Insead, and SOAS. Sukhmani’s experience spans IMF, Deloitte, and Phillips (where she led marketing for kitchen appliances). Prior to Better Butter, Niyaz worked at Hermes PE in London and Singapore and Lok Capital in Delhi.

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Jobspire raises $262,000 seed funding led by Purvi Capital

Online recruitment platform, JobSpire, has raised $262,000 in a seed funding round led by Purvi Capital and a group of other investors. Founded by Varun Mayya, Kartik Luke, Sandesh Kini and Mohak Dhingra, the platform claims to match jobs for a candidate via manual and algorithmic curation. The company claims it is currently working with 91 startups, producing 18 interviews a week and has nearly 30­-50 signups daily on the platform. Jobspire plans to use the funds to scale the team and focus on building an entirely new concept, something they call the Human Metadata Index graph​­ that they will use to standardize ratings on every applicant on Jobspire.


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