YourDost raises $400K in seed funding
Online counseling platform YourDost has raised $400,000 in seed funding from angel investors including redBus co-founder Phanindra Sama, TaxiForSure co-founder Aprameya Radhakrishna, Capillary Technologies founder Aneesh Reddy and Smartur founder Neeraj Jawalkar, among others, reports Vccircle.
The platform which provides psychological support to the users with full anonymity free of cost plans to utilize the funds for marketing and expansion. As the platform does not have a revenue generating model at present, it plans to include fee based premium features, such as one-on-one chats, soon. YourDost claims to have served almost 70,000 users in the past with a team of 75 experts.
Twigly raises $200K in seed funding
Food technology startup Twigly has raised $200,000 in seed funding from Tracxn Labs, Amit Gupta, Aloke Bajpai, Ashish Kumar and partners and employees of SAIF, reports NextBigWhat. Twigly plans to use the funds to expand their presence across Delhi.
Founded in August by Minhas, Rohan Dayal and Naresh Kumar Kachhi, Twigly is currently operational in Gurgaon with a limited menu option which is changed every week. The company claims to have acquired 500 customers in a span of one month with one operational kitchen with the capacity of serving 120-150 orders in a day.
Bobble raises funds in Series A funding
Photo editing app Bobble has raised an undisclosed amount in Series A funding from SAIF Partners and other investors, reports Vccircle. The funds will be used to expand Bobble into an instant messaging app and for expansion in foreign markets.
Bobble was founded by Ankit Prasad and Mohd Wassem in January 2015. The app converts selfies taken by a mobile phone camera into caricatures with the option of adding text to them. The company claims to have 3.5 million users with an average user spending 2.5 hours on the app on a weekly basis.
Tavaga raises funds via Tracxn Syndicate
Mobile platform for connecting investors with portfolio managers, Tavaga, has raised an undisclosed amount in seed funding from angel investors including Ashish Goenka, Utsav Somani and five others via Tracxn Syndicate, reports Vccircle. The funds will be used for product testing and its launch by December.
Founded by Dasika, Niharika Rao, Arijit Sarkar and Sridhar Eaturu in 2015, Tavaga claims to have an asset commitment of Rs 5 crore for management from its customer base. Tracxn Syndicate is an angel network launched in July 2015 by Tracxn which claims to have over 500 angel investors in its network.
BookMyBai raises $150K in angel funding
Founded by Sinhal and Vikash Chowdhury in May 2015, the platform lets users look for and hire domestic help for baby care, elderly, cleaning and cooking and is currently operational in Mumbai, Ahmedabad, Surat and Pune. The company plans to expand operations to Hyderabad and Bangalore by January 2016 and launch its mobile app within six months.
Aznog raises funds via Indian Angel Network
UK based VoIP service provider, Aznog, has raised an undisclosed amount from the Indian Angel Network, reports Vccircle. The investment was led by Alok Agarwal, Harsh Hada and Vishal Khare from the Indian Angel Network with Agarwal and Hada joining the company’s board.
Launched in 2012, Aznog is a mobile app which lets its users make unlimited phone calls without any credit or subscription packages. The company claims that the funds will be used in infrastructural development and talent acquisition
Exfinity raises funds from Jhunjhunwala
Exfinity has raised Rs 12.5 crore from billionaire investor Rakesh Jhunjhunwala, reports Vccircle. Exfinity recently raised Rs 250 crore from various investors and Jhunjhunwala’s investment is part of the same. With this funding, Exfinity plans to increase its ticket size in funding.
Exfinity Venture Partners is an Indian technology startup fund being run by V Balakrishnan, Mohandas Pai, Suresh Senapaty, Girish Paranjpe, Deepak Ghaisas and others. In May this year, Exfinity has invested $2 million in Uniken.
Sabse Tech raises funds from Ratan Tata
Founded by Sabeer Bhatia and Yogesh Patel in 2008, Sabse Technologies offers cloud-based communication platform which enables video conferencing, cloud telephony and data sharing for the users. Ratan Tata has been actively investing in startups over the last year. He has invested in: Holachef, Infinite Analytics, YourStory, Lybrate, Ola, Kaaryah, Xiaomi, PayTm, CarDekho, Urban Ladder, Bluestone and SnapDeal.
MyIndianStay raises $200K from angel funding
Founded by Shan Gehlot and Umesh Agarwal in 2012, MyIndianStay lists villas, apartments and cottages across India where the owners are open for letting travelers in for home stays. The website claims to have around 5,000 listed properties under its realm and faces competition from startups like Oyo Rooms, Zo Rooms, Qik Stay and HolidayIQ.
RepUp raises funds from Indian Angel Network
Gurgaon based online brand management startup RepUp has raised an undisclosed amount from the Indian Angel Network, reports Vccircle. The investment was led by Sanjay Mehta, Keshav Murugesh and Apurva Parekh with Sanjay Mehta joining the company’s board. The funds will be used for expanding its base in the South East Asian market and customer acquisition.
RepUp is an online reputation management solution focused on the hospitality industry. It helps by managing the hotels’ websites and offers solutions on improving operations and delivery of services.RepUp was founded in December 2014 by Pranjal Prashar.
SparesHub raises funds in Pre Series A funding
Online automobile parts marketplace, SparesHub, has raised an undisclosed amount in Pre-Series A funding from Hyderabad Angels and M&S Partners, reports NextBigWhat. The funds will be used for expansion, technological enhancements, infrastructural improvements and customer and talent acquisition.
Founded in May 2014 by Tapas Gupta and Arijit Chakraborty, SparesHub claims to have more than 40,000 car parts across multiple brands and has partnered with more than 25 car repair centers across west India. The company plans to open sourcing hubs across India.