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Funding roundup: JustBuyLive, Fitso, RedDoorz and more

startups

JustBuyLive, which launched operations this month, has raised Series A funding worth $20 million from Alpha Capital, reports VCCircle. The company will use the funds to acquire customers and scale operations. The B2B platform connects shops with brands with distributors, taking out the middlemen while itself operating as a distributor. JustBuyLive claims to have over 25,000 registered retailers and operates in 15 cities.

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RedDoorz, a branded budget accommodation company, has raised an undisclosed amount of pre Series A funding from 500 Startups. It plans to use the money to expand into the Southeast Asia region including Thailand, Bali, Singapore, Jakarta and Kuala Lumpur. RedDoorz had previously raised a pre Series A funding from Jungle Ventures. The company was launched in Indonesia in October last year and claims to have 200 budget hotels as its customers.

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Moodoo, a meeting planner app, has raised seed funding worth Rs 19.5 lakh from University of Oxford’s ​​Saïd Business School Seed Fund. The company plans to launch the app in India this month.

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Happy2Refer, a referral platform, has raised an undisclosed amount of seed funding from Equity Crest, Vinners and Sparknext and other individual investors. The company was founded by Nimit Bavishi, Harshit Bavisi and Mitesh Jain and plans to use the funding for ramping up its product, algorithms and on user experience and marketing.

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Fitso, a platform which connects fitness enthusiasts, has raised $200,000 in an angel round of funding from Varun Khurana, Samar Singla and Vinay Bansal. It launched operations in Mumbai this month and was founded by Saurabh Aggarwal, Naman Sharma and Rahool Sureka.

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Bangalore based home automation startup Silvan Innovation Labs has received a funding worth Rs 3.5 crore from The Chennai Angels. It offers products like a WiFi video doorbell, a wireless security system, a property services manager and enterprise services like ATM, bank, school and conference room security. It currently employs 70 people.

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