The Wedding Brigade raises Rs 4 cr from Blume Ventures & others
The Wedding Brigade, an online wedding shopping portal, has raised Rs 4 crore in funding led by Blume Ventures, with participation from four other angel investors, reports YourStory. It plans to invest the funding into product enhancement and talent acquisition. The platform has been launched for users in Mumbai and Delhi, but the company plans to expand to other cities including Bangalore, Hyderabad and Chennai as well as introduce new categories such as photographers and caterers.
Schoolwear raises $1.5 mn in seed funding
Schoolwear, a mixed marketplace model for selling school uniforms and supplies, has raised $1.5 million (about Rs 10 crore) in seed funding, from the promoters of publishing firm Navneet Education, reports VCCircle. The company will use the funds to launch a range of school products including uniforms, footwear and accessories across 500 schools in 15 cities by the end of this year. The company is mainly targeting Maharashtra, Gujarat and Goa states for expansion. The startup claims to have sold uniforms to about 30,000 households in more than 20 schools in Mumbai alone.
Prescribez raises $145K from angel investor Ankush Mehta
Prescribez, a healthcare app, has raised $145,000 in seed funding from angel investor Ankush Mehta, reports Business Standard. The funds will be deployed for product development and marketing, besides expanding to Mumbai in the next six months. The app, launched in Pune early this month, aims to connect consumers with doctors, labs and pharmacies. It claims to have 700 doctors on the platform in Pune alone.
MotoMojo raises angel funding from Ventes Avenues’ founders
MotoMojo, an app-based vehicle maintenance platform, has raised an undisclosed amount of angel funding from Ventes Avenues, reports Economic Times. With this round of funding MotoMojo plans to ramp up its product capabilities, marketing and also building on-ground customer service support. The company, which started operations in March, currently has presence in Mumbai, Navi Mumbai and Thane, where it helps connect customers with garages at affordable prices. It claims to have a network of over 2,500 garages across the city.
Unbxd receives funding from Nirvana, IDG Ventures, others
Unbxd, an e-commerce product discovery & recommendation platform, has raised an undisclosed amount of funding in its Series B round, led by Nirvana Venture Advisors, reports Mint. Other participants in this funding round were existing investors including IDG Ventures, Inventus Capital, and Indian Angel Network. The company will use the funds to improve its product, accelerate sales growth and expand its sales and marketing team. Unbxd provides e-commerce companies with search, navigation, product recommendations, merchandising and analytics solutions and claims to serving 200 million e-commerce visitors a day.
AI start-up niki gets funding from Ratan Tata and Ronnie Screwvala
Niki, an artificial intelligence (AI) based chatbot, has received an undisclosed amount of funding from Ratan Tata, existing investor Ronnie Screwvala, the company said in a statement. The company intends to use the funds to strengthen technology and to increase the base of partner businesses. Currently, Niki offers bill payments, cab booking, recharge, food ordering and cricket scores. The company claims to have partnered with more than 25 brands and claims to have a user base of 40,000 spread PAN India.
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