Company Name: Stitchwood Amount raised: $200,000 (around Rs 1.3 crore) Sector: e-commerce marketplace (furniture) Date announced: 4th July 2016 Investors: Deepak Gupta, co-founder, Equity Crest along with some unnamed angel investors and high net-worth individuals. What they will use the funding for: The startup plans to use the money for marketing and operations. Source: Techcircle * Company Name: Grab.in Amount raised: Rs 20 crore Sector: Logistics service Date announced: 4th July 2016 Investors: Aramex What they will use the funding for: The funding will be used to improve the technology and start new service verticals in the next year. Source: Yourstory * Company Name: Fulfil.IO Amount raised: Undisclosed Sector: Logistics Date announced: 4th July 2016 Investors: Rajan Anandan What they will use the funding for: The money will be used for scaling up the product and the company's sales operations in the US. Source: Dealstreetasia * Company Name: Weddingwishlist.com Amount raised: Rs 2 crore Sector: Gifting platform Date announced: 4th July 2016 Investors: Facebook India Managing Director Kirthiga Reddy, Multiples Equity founder Renuka Ramanath, CherryTin and others. What they will use the funding for: Not mentioned Source: Business-Standard * Company Name: SeeDoc Amount raised: $1 million (around Rs 6.7 crore) Sector: Healthcare Date announced: 5th July 2016 Investors: YourNest and others What they will use the funding for: Not mentioned Source: Techcircle * Company Name: Dont Scratch Your Head (DSYH) Amount raised: $250,000 Sector: Logistics Date announced: 6th July 2016 Investors: Venture Catalysts (VCats) What they will use the funding for: It will use the funds to improve its technological infrastructure and customer support team. Source: Press Release…
