Fisdom secures $500,000 in seed funding
Bangalore-based Fisdom, a personal finance app, has raised $500,000 in a round of seed funding led by Rob Chandra, reports Vccircle. Other investors include CommonFloor co-founder Sumit Jain, TaxiForSure co-founders Aprameya Radhakrishna and Raghunandan G and Wooqer CEO Vishal Purohit. The company will use the funds for expanding its tech team and on marketing. Founded by Subramanya SV, Ramganesh Iyer and Anand Dalmia, the app helps users manage their money with mutual funds etc. The app is currently available for Android with an iOS and web application in the works.
Easypolicy raises Rs 15 crore from Unilazer Ventures
Insurance policy aggregator Easypolicy has raised Rs 15 crore in a round of funding led by Unilazer Ventures, reports ET. The company will use the funds for building technology, adding products and hiring in marketing. As of now, Easypolicy lets users look up car, health, term, child and pension insurance policies. It competes with the likes of PolicyBazaar, which raised $40 million from PremjiInvest in April last year, and BankBazaar, which raised $60 million from Amazon in July last year.
Ratan Tata invests in FirstCry
Baby products e-store FirstCry has raised an undisclosed amount in funding from Ratan Tata, reports NextBigWhat. The company had raised $10 million in its fourth round of fundraising, led by the venture capital firm New Enterprise Associates (NEA) and Valiant Capital in April last year. Other than this it raised $26 million in February last year, secured $15 million funding in January 2014, $14 million in 2012 and $4 million in 2011. The platform currently claims to have 150 branded franchisee offline stores across 100 cities and partnerships with over 7,000 maternity hospitals across the country.
Gamezop raises undisclosed amount from Snapdeal CPO & others
Delhi-based mobile-based gaming network app Gamezop has raised an undisclosed amount of funds from Snapdeal’s chief product officer Anand Chandrasekaran and other undisclosed investors, reports Vccircle. Chandrasekaran made the investment in his personal capacity. Founded in April last year, Gamezop is an app-based social network for casual games. Users are provided with new games every week that can be played without downloading. The platform creates HTML5 based games.
DailyObjects secures Rs 9 crore from Unilazer & others
Online gadget accessory store DailyObjects has raised Rs 9 crore in funding from Unilazer Ventures, Lenskart founder Peyush Bansal and redBus founder Phanindra Sama, reports Livemint. The company will use the funding for entering the offline space and launch around 100 shop-in-shop outlets by the end of February, including at Mumbai, Bangalore and Delhi. It currently sells various customized cases for phones. It claims to be selling 15,000 cases every month, with a revenues of Rs 2.25 crore.