TVS Automobile Solutions invests in 3 startups TVS Automobile Solutions (TVS ASL) has invested in Jazzmyride, Autosense and Redsun as part of its digital initiatives to provide digital business solutions to vehicle and component manufacturers, reports The Economic Times. The company stated that it has invested about Rs 75 crore in tech start-ups so far and expects revenues of Rs 250 crores from these businesses in the next three years. Jazzmyride is an online seller of car and bike accessories. *** Sminq gets funding from Blume Ventures & Saama Capital Sminq, a Pune-based queue management app, has raised $1 million (around Rs 6.7 crore) in funding from Blume Ventures and Saama Capital, reports VCCircle. Angel investor Vaibhav Domkundwar also participated in this round. The company also informed that Suresh Shanmugham, co-founder and managing partner at Saama Capital, will join the company’s board. The company will use the funds to get more services on the app and improve its technology offering. Sminq provides users with real-time information on queues and claims to have about 40 paying doctors using the app for their clinics in Pune. The company charges a fee to be listed on Sminq and claims to drive 6,000 user bookings a month for clients. *** GoBolt raises pre-Series A funding from MCube8 GoBolt, a logistics technology startup, has raised an undisclosed amount in pre-Series A funding from MCube8, a division of financial advisory firm MCube Capital, reports VCCircle. The company will use the funds for business and technology development.…
