Paintcollar raises undisclosed amount in bridge funding
Mumbai-based online marketplace for designer merchandise Paintcollar raised an undisclosed amount in bridge funding from high net-worth individuals via Applyify, reports Vccircle. The amount will be used for product expansion and technological development apart from getting 10,000 artists on board.
Founded in September 2014by Vaishampayan, Deepak Yadav, Akash Arun and Shantanu Mahajan, the startup allows artists to share their work while the platform handles business aspects such as marketing and delivery. The firm has reportedly tied up with over 1,000 artists and have recently got on board a music label.
LafaLafa raises $125,000 from 500 startups
Online coupon and cashback selling platform, LafaLafa has raised $125,000 in funding from 500 startups. The startup got incubated to 500 startups accelerator program and will now spend 4 months in Mountain View. The funds shall be used for expansion of its user base and for procurement of venture partners.
Founded in January by Yosha Gupta with an initial capital of $130,000, LafaLafa provides users deals and offers from major e-commerce sites such as Jabong, Myntra, Flipkart and Snapdeal. The website claims to have registered over 300,000 downloads so far and is now working on building a chat interface. The firm launched its mobile app in April and currently functions from Hong Kong and Gurgaon.
CureJoy raises $1,150,000 in funding led by Accel Partners
Bangalore-based health and wellness startup, CureJoy raised $1.15 million in Pre-Series round A funding led by Accel Partners in participation with Subrata Mitra, Larry Braitman and Venk Krishnan. The funds shall be used for expansion of services across India and talent acquisition.
Founded in October 2013 by Dikshant Dave and Shrinivasa Sharma, CureJoy focuses on natural wellness and provides related content to users apart from answering their queries online. Headquartered in California, the company claims to have audience in India, USA, Australia, France, Germany, Spain and some parts of UK with about 2.7 million users on its Facebook community and about 8 million site visits per month.