Pin Click raise undisclosed amount in a Pre-series A round
Real estate portal Pin Click has raised an undisclosed amount of funding in a Pre-Series A round from unnamed investors, reports Techcircle. The Bangalore-based startup was founded in 2013 by Puneet Kinra, Manik Kinra, Shivani Gupta, Abhijit Bhole and Shaishav Kumar and provides online rental solutions for both shared & family homes and advisory solutions for people looking to buy residential properties. The company charges the seller for enabling the transaction; it has “no brokerage” model wherein the buyer gets all services free of charge.
AppilyEver secures $400K from multiple investors
Hyderabad-based integrated wedding services provider AppilyEver has raised $400,000 from a cluster of angel investors led by Varun Aggarwal, reports NextBigWhat. The startup was founded 3 months ago and by Rakesh Gupta and Sumit Handa. The company plans to use the new funds to update its technology, ramp-up product features, and increase marketing efforts. AppilyEver’s current offerings include: a wedding commerce store; and a wedding app with a social and planning feature. The company claims to have built a curated list of 2,000 wedding-related products across 10 categories including wedding wear, photography, makeup services, mehendi, catering etc.
Freedom Smart Labs raises $145k in seed funding
IoT-based retail solution provider Freedom Smart Labs has raised around $145,000 (~Rs 1 crore) in seed funding from Kapil Goel, reports Economic Times. The Delhi-based startup was funded by Yogesh Huja, Manish Gulati and Harish Bhargava and offers a product that uses Wi-Fi sensors to track a user in vicinity of a commercial space, logs footfalls and sends out promotional offers to their app-users in the vicinity. Users can search for wheelchairs, use the lost-and-found assistance and more. It claims to have deployed its services at 21 malls in and around Delhi-NCR.
NestAway secures undisclosed amount from Ratan Tata
Bangalore based online home rentals startup NestAway has secured an undisclosed amount of funding from Ratan Tata, reports Livemint. The startup was founded in 2015 by Amarendra Sahu, Smruti Parida, Deepak Dhar and Jitendra Jagadev. NestAway turns unfurnished houses into full-furnished and managed apartments, providing it at an affordable rate to verified tenants. In July 2015, it raised $12 million from Tiger Global and Flipkart and in May 2015, it raised $1.25 million from IDG Ventures and angels including InMobi founder Naveen Tewari. NestAway claims to have served about 5,000 tenants across six cities.
Imarticus Learning raises $1 million from multiple investors
Financial Services & Analytics Institute, Imarticus Learning has raised $1 million funding from Blinc Advisors and a bunch of individual investors, reports NextBigWhat. Investors include existing investor Amit Nanavati, new investors including Tashwinder Singh, Anil Gudibande Taranjit Jaswal, and Amit Khanna. The Mumbai-based startup was founded in 2012 by Nikhil Barshikar. The fresh funds will be used to expand the product portfolio and the e-learning business in India as well as in other Asian Markets. The company plans to setup development centers in UAE, Hong Kong and Indonesia, in order to help scale their retail platform in international as well.