PinkBlue raises Rs 1.5 cr in seed funding
Bangalore-based clinical supplies provider PinkBlue has raised Rs 1.5 crore in seed funding from TermSheet. The round also saw individual participation from a cluster of investors including Ajay Modani, Dr. V Ravinder, Anirudh Rastogi, Abhishek Jain, among others. The startup was founded in 2014 by Valliappan Kumarappan and Varun Singh and currently focuses on selling supplies in the dental clinics segment. With the fresh funds, PinkBlue plans to expand to small and mid-sized hospitals segment. The startup claims to have around 1,500 customers, and expects to add around 10,000 over the next 6-12 months.
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Wooplr secures undisclosed investment from a cluster of investors
Fashion discovery app Wooplr has secured an undisclosed amount of investment from Naveen Tewari, Abhay Singhal, Amit Gupta Piyush Shah, Raghunandan G, and Rajiv Mehta. The Bangalore-based startup was founded in 2012 by Soumen Sarkar, Arjun Zacharia, Praveen Rajaretnam, and Ankit Sabharwal. Wooplr is a social shopping platform that allows people to recommend their favorite products and stores in the city and share it with their social circles. The company already claims to have 2 million customers on the platform, along with 20,000 transactions every month.
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Indiamart gets undisclosed amount in Series C funding
Noida-based B2B marketplace Indiamart has raised an undisclosed amount in Series C funding led by Amadeus Capital, reports Livemint. Quona Capital and existing investor Intel Capital too participated in the round. The startup was founded in 1996 by Dinesh Agarwal and Brijesh Agrawal and plans to use the fresh funds in expanding Tolexo—its new online marketplace for businesses; as well as in financing SMEs, and in the payments space. Indiamart claims to offer over 2.57 crore products on its platform, by connecting with over 18 lakh suppliers.
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Bike taxi app NOW secures $500,000 in angel funding
Bike taxi and hyper-local delivery app NOW has secured $500,000 in angel funding from existing investors Ruchirans Jaipuria and new investor Anuj Sanghi. The Noida-based startup was founded in 2015 by Vivek Pandey, Bharat Khandelwal, Sushant Arora and Parteek Singla. NOW provides on-demand two-wheeler rides and facilitates horizontal delivery for individuals and businesses through its bike taxis. The startup currently claims to complete about 250 daily trips in the NCR region. Last month, NOW raised an undisclosed amount in seed funding from Maple Capital.
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Medidaili raises $100,000 in angel funding from undisclosed investors
Bangalore-based healthcare startup Medidaili has raised $100,000 in angel funding from a bunch of undisclosed private investors, reports NextBigWhat.The startup was co-funded in November 2015 by Akshay Hartalkar and Manish Dashputre and aims to provide healthcare services through its mobile app and website. The fresh funding will be deployed primarily towards product development, increasing brand presence and tying up with more number of diagnostic centres across India. The app which is available for iOS and Android users is currently live in Bangalore and Indore, and will be expanding to Hyderabad and Pune by end of this month.
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