Funds-stock-photo

Gyaanzone raises Rs 30 lakh from GBIM Technologies

Online education portal Gyaanzone has raised Rs 30 lakh in a round of funding from GBIM Technologies, reports NextBigWhat. It will use the funds for improving its product, offer more course information and better personalized services. The portal provides information on events, institutes and jobs from various countries. It currently claims to list over 5000 Indian colleges and 750 international universities, as well as provide information on various corporates to help users find their first job.

***

Lumiere raises undisclosed amount in crowdsourced funding

Organic products e-store Lumiere has raised an undisclosed amount in funding from 20 unnamed investors in a crowdsourced initiative, reports Vccircle. This is the first closure of the funding, and more funds are expected to be raised in this round. Founded in 2002 by Ambrose Kooliath and Manjunath Panickaparambil, the startup will use the funds for buying more land for organic farming, marketing expenses, opening more physical outlets and scaling up its online shopping portal. The platform currently provides farm and bakery products through physical stores as well as its website.

***

Infurnia Furnishings secures $160,000 from Idein Ventures

Bangalore-based Infurnia Furnishings has raised seed funding worth $160,000 from venture capital firm Idein Ventures, reports Vccircle. The startup will use the funds for expanding its business and hiring marketing, sales and technology teams. Founded in 2014 by Nikhil Kumar, Parul Jain and Lovepreet Mann, the platform enables customers to customise and look at furniture in 3D, before making a purchase.

***

SavvyMob secures $1M from various investors

Bangalore-based SavvyMob has raised $1 million in a round of funding led by investors like TV Mohandas Pai and LetsVenture, reports ET. The platform will use the funds to expand to 100 cities over the next year, as well as for hiring and improving its product. Founded in 2013 by Bikram Sohal and Gappan Annamalai, the platform lets customers make last minute hotel bookings. As of now, it claims to be present in 50 cities in India.

***

Roder raises Rs 1.6Cr from Unicorn India Ventures

On-demand intercity cab aggregator Roder has raised Rs 1.6 crore from Unicorn India Ventures, reports NextBigWhat. As of now, the company provides its services in 13 cities. It currently claims to be working on a ride-sharing feature for intercity travellers to drive costs down for customers. On an average, the company claims to have a ticket size of Rs 5,500.

***

Rentomo secures $100,000 from individual investors

Bangalore-based Rentomo has received seed funding worth $100,000 from various individual investors, reports Vccircle. The startup mentions that it is looking to raise around $650,000 within a month. Founded by Anshul Johri, the company currently claims to have 4000 registered users in Bangalore and 1000 users in Delhi, Pune and Lucknow. As of now it provides P2P renting services.