wordpress blog stats
Connect with us

Hi, what are you looking for?

Funding Digest: RentOnGo, Industrybuying, Truckmandi and others

RentOnGo secures angel funding RentOnGo, an online marketplace for renting motorcycles, electronics and appliances, has raised an undisclosed amount in an angel round of funding from Snapdeal's Anand Chandrasekaran and GSF India's founder Rajesh Sawhney and other angel investors, reports TechCircle. Run by Condivision Solutions Pvt Ltd, RentOnGo will use the funding secured to venture into new cities and expand the bike rentals category. RentOnGo is presently operational in Bangalore, Hyderabad and Pune. Industrybuying.com gets backing from Murugappa and TVS Group  Industrybuying.com, an online marketplace for industrial supplies and goods, has raised an undisclosed amount of funding from the TVS Group and the Murguppa Group, reports TechCircle. Other investors include Vellayan Subbiah (Chola Finance), Muthu Murugappan (EID Parry), Arathi Krishna (JMD Sundram Fasteners from TVS group) and Arun Venkatachalam (angel investor). The company plans to use the funds to enhance the platform, expand team, increase vendor base and develop digital offerings for B2B brands, it said in a statement. In September, it had secured Rs 60 crore ($9 million) in a Series B funding round from Kalaari Capital, existing investor SAIF Partners and Teruhide Sato’s Beenext. It had raised $2 million from SAIF Partners in February. Sports education startup KOOH raises $2 million Sports educations startup KOOH Sports has raised $2 million in a series D round of funding from existing investors, TCS, HDFC, and private equity fund Faering Capital, reports the Economic Times. The round also saw participation from Mumbai-based sports promotion service Elevate Sports. KOOH, which stands for kids-out-of-home was started by Intelenet's…

Please subscribe/login to read the full story.
Written By

Free Reads

News

According to Russian investigators, Stone had published online comments that defended hostile and violent actions against Russian military personnel.

News

bank-owned P-PA services do not require any authorization, but will also have to ensure compliance with other requirements for P-PAs.

News

However, it is possible to opt-out of the clause by emailing an opt-out notice to arbitration-opt-out@discord.com within 30 days of April 15, 2024, or...

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

NPCI CEO Dilip Asbe recently said that what is not written in regulations is a no-go for fintech entities. But following this advice could...

News

Notably, Indus Appstore will allow app developers to use third-party billing systems for in-app billing without having to pay any commission to Indus, a...

News

The existing commission-based model, which companies like Uber and Ola have used for a long time and still stick to, has received criticism from...

News

Factors like Indus not charging developers any commission for in-app payments and antitrust orders issued by India's competition regulator against Google could contribute to...

News

Is open-sourcing of AI, and the use cases that come with it, a good starting point to discuss the responsibility and liability of AI?...

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ