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Funding roundup: Procmart, Zebpay, Justdakhila and Qdesq

Procmart raises angel funding Noida based Procmart (aka Instaproc) has raised an undisclosed amount of angel funding from Dinesh Agarwal, founder and CEO of Indiamart, reports VCCircle. The company plans to use the funding for expanding its reach, improving its buyer seller network and add new features. Procmart is an online B2B marketplace where buyers and sellers can post requirements and quotes for buying in bulk. The company was founded by Anish Popli, Pratik Potnis and Saheel Joshi in April last year. *** Zebpay raises $1 million Zebpay, a mobile bitcoin company, has raised $1 million in Series A funding led by Arjun Handa and Amit Jindal, along with other investors, reports ET. Zebpay will use the funds for ramping up its blockchain technology (secure bitcoin transaction services) and talent acquisition. It offers users a mobile bitcoin wallet which can be used to buy, sell and store bitcoins and use it to buy vouchers and mobile talktime recharges in India. It claims to have 25,000 users, with plans to add 100,000 users by the end of the year and hit a turnover of Rs 500 crore. The company was founded by Mahin Gupta in 2012. *** Justdakhila raises $750,000 from Ankur Gupta Justdakhila, an online platform connecting parents to school admissions, has raised seed funding worth $750,000 from Ankur Gupta, reports VCCircle. It will use the funds to enhance its analytics technology and expand operations in Delhi and then across India. Gupta will also join Justdakhila as a co-founder. Justdakhila…

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I'm a MediaNama alumna from 2015-16 (remember TinyOwl?) now back to cover e-services like food and grocery delivery, app based transport and policies, platforms and media in India.

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