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Funding Roundup: RailYatri, DocsApp, Impactguru & more


RailYatri secures undisclosed funding from Nandan Nilekani

Travel travel app RailYatri.in has received funding from Nandan Nilekani, co-founder Infosys and former Chairman of UIDAI. The amount was undisclosed, however, existing investors Helion Ventures, Omidyar Networks, and Blume Ventures also participated in this round of funding, the company said. RailYatri claims to have served nearly 2 million users per month and can be used to book services like onboard meals, taxi and bus tickets, and budget rooms.


Integrated Child Health Records (iCHR) secures funding from angel investors

Digital healthcare platform Integrated Child Health Record (iCHR), has raised a seed round of Rs 3 crore (~450,000) funding from a Delhi-based angel investor, a senior partner at Ernst and Young, VCCircle reported. According to iCHR, these funds will be used for marketing its mobile application offering. The firm, which claims to have over 2,500 patients on its platform, is also planning to scale up by targeting big hospital chains in Delhi and across India and have already tied up with Apollo Hospitals.

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12 startups received seed capital from Gujarat government

12 startups received seed capital of Rs 40,000 each, from Gujarat Corporate Social Responsibility Authority (GCSRA), at the event Empresario 2, organised by Gujarat University Startup and Entrepreneurship Council (GUSEC), YourStory reported. Around 20 startups that include student as well as well-established ones such as  Planet Earthlings, Chaaipani, San Burn, Aatap Energy, Xitiz Technologies etc. participated in this event. The seed fund will help entrepreneurs to scale up their startups, file registrations, patents. Besides the seed money, the startups will also be provided with mapping support, mentorship etc.


DocsApp raises $1.2M in funding from Rebright

Doctor consultation app DocsApp has secured seed investment of $1.2 million (Rs 8 crore) in seed funding from Facebook’s angel investors Anand Rajaraman and Venky Harinarayan, along with Japanese Venture Capital firm Rebright Partners, YourStory reported. The company will use the funds to expand its operations, recruit fresh talent and upgrade its technology. The company claims to have a pool of 500 doctors in the country and estimates that with over 80,000 downloads, more than 15,000 patients take consultation using their platform every month.

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Impactguru raises $500k from RB Investments and Fundnel

Crowdfunding platform Impactguru.com raised $500,000 (about Rs 3.3 crore) as seed funding from Singapore-based venture capital firm, RB Investments and private investment platform Fundnel, Business World reported. The capital raised will enable the firm to scale online crowd-funding for nonprofits, social enterprises and personal causes. The funds will also be utilized to expand Impact Guru’s core team, product development, and in sales and marketing efforts. ImpactGuru and Fundnel have also entered into a strategic partnership leveraging Fundnel’s private investment network for facilitating equity or debt funding (offline) for startups and social enterprises in the country and Southeast Asia.

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