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Funding Roundup: PurpleHealth, Eatonomist, i2ifunding & more


PurpleHealth raises $100K from Katabole Technology Venture

PurpleHealth, an online health-on-demand platform, has raised $100,000 (around Rs 67 lakh) from Mumbai-based Katabole Technology Venture, reports VCCircle. The funding will be used to strengthen PurpleHealth’s team and enhancing its product offerings. The platform provides users access to doctors, hospitals and health-related products and services. It also provides technological support to help healthcare providers engage with their customers. The company claims to over 38,000 doctors and 4,000 hospitals in its network.


Derbii raises seed funding

Derbii, a carpooling app has raised an undisclosed amount of seed funding from Anurag Chauhan, the Managing Director of Accenture, reports VCCircle. The funds will be used to improve its technology, acquire more customers and increase the number of cabs on the road. The company claims to have more than 20 cabs at present.


ShabdaNagari raises bridge funding from ah! Ventures

ShabdaNagari, a Hindi social networking portal, has raised an undisclosed amount of bridge funding from ah! ventures, reports VCCircle. TaskUs’s Abhimanyu Singh, Jaipur Rugs’s Yogesh Chaudhary, and Artha Energy Project’s Anirudh Damani also participated in this round. The company plans to use the funds for its product development, marketing and promotional activities. ShabdaNagari allows users to post articles, pictures, videos and questions using the tools provided on the website. It claims to have received around 2 lakh monthly unique visits and 8 lakh page views on its platform.


Roast raises funds from Indian Angel Network

Roast, a mobile entertainment app, has raised Rs 25 lakh in funds from the Indian Angel Network (IAN) under the small ticket funding programme announced by IAN, reports The Economic Times. The funding was led by Sanjay Mehta who will also join the company’s board. The company will use the funds for acquiring customers and investing in its technology platform. Roast caters to a specific need of people who love to talk, converse and take a stand on anything and everything. The application is Internet’s all-in-one grilling depot: ROFL station, comedy corner, lol terminal and ‘entertainment in short’ destination.


Eatonomist raises seed funding from MCube Capital

Eatonomist, an online platform that delivers meals prepared at its kitchens, has raised an undisclosed amount in seed investment from MCube Capital Advisors, reports VCCircle. The company will use the funds for marketing and building brand to enhance operations. It currently operating in Gurgaon and caters to corporates. With a team of 20 employees, including five chefs, it claims to be doing more than 300 orders a day. The company also announced that it plans to expand its network to Delhi by the end of this year.


Anand Mahindra invests in SheThePeople.TV

SheThePeople.TV, a digital storytelling platform for women, raised an undisclosed amount fromMahindra Group chairman Anand Mahindra. The funds will help SheThePeople.TV to launch new initiatives including forums, events and regional languages, the company said in a statement. Since its inception, SheThePeople.TV claims to have profiled stories of nearly 10,000 women, who are entrepreneurs, authors, game-changers, sportswomen, corporate executives among others. The stories are currently offered in English and Hindi languages and driven primarily by video content.


AddressHealth raises $1.5 million in Series A funding

AddressHealth, a primary healthcare network, has raised $1.5 million in Series A funding led by Gray Matters Capital with participation from existing investor, Unitus Seed Fund. The company will use the investment to expand the model to other schools in Bangalore, it said in a statement. It claims to have reached more than 1 lakh children through on-site services and screening programs to identify health issues and provided early intervention to prevent them from suffering as young adults.


i2ifunding raises ₹2 crore  from Angel investors

i2ifunding, an online peer-to-peer lending platform, has raised ₹2 crore from three investors in its first round of funding, reports The Economic Times. Two angel investors from Mumbai and one Indian investor based in Japan had participated in the round. The funds will be used for towards technology expansion and also towards increasing its presence geographically. i2ifunding is an online marketplace that connects verified borrowers looking for unsecured personal loans with lenders looking for high-return investment options, with the main focus on salaried borrowers. The firm claims to have more than 1200 registered users on the platform.

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