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Funding Watch: 8TV, Genext Students, Cuberoot Technologies, Joolz & more

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Company Name: 8TV
Amount raised: $500K (INR 3.34 Cr)
Sector: Video Advertising
Date announced: 8th August 2016
Investors: RedCliffe Capital Managing Partner Dheeraj Jain, Google executive Tidhar Carmeli, and AngelPad’s Thomas Korte
What they will use the funding for:  To upgrade technology platform and expand into new Asian markets, including India.
Source:  Inc42

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Company Name: Genext Students
Amount raised: $209K (INR 1.4Cr)
Sector: Education
Date announced: 11th August 2016
Investors: 1Crowd
What they will use the funding for: To upgrade technology, hire fresh talent, and for marketing.
Source:  Inc42

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Company Name: Cuberoot Technologies
Amount raised: $500K
Sector: Analytics
Date announced: 12th August 2016
Investors: Undisclosed
What they will use the funding for: To expand operations into new geographical areas, hiring talent in technology team, upgrading product technology and infrastructure, and in strategic acquisitions.
Source:  Inc42

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Company Name: Joolz
Amount raised: Rs 3.3 crore
Sector: Online Jewellery marketplace
Date announced: 15th August 2016
Investors: Powerhouse Ventures and M&S Partners
What they will use the funding for: To scale operations, products, marketing and building its team
Source:  ETtech

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Company Name: Gradopedia
Amount raised: Undisclosed
Sector: Education and Career portal
Date announced: 16th August 2016
Investors: Undisclosed
What they will use the funding for: Towards research and development, and upgrading technology.
Source:  Inc42

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Company Name: Meesho
Amount raised:
Sector: Mobile Commerce
Date announced:
Investors: VH Capital; Individual investors Kashyap Deorah, Rajul Garg, Arjun Malhotra, Rohan Malhotra,  Maninder Gulati, Abhishek Jain and Jaspreet Bindra
What they will use the funding for:
Source: ETTech

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Company Name: Digio
Amount raised: INR 2.5 crore
Sector: Aadhaar-based Software solutions
Date announced:
Investors: Zerodha
What they will use the funding for: Into general operations and hiring fresh talent
Source: ETTech

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Company Name: Appknox
Amount raised: INR 4.3 crore (S$875,000)
Sector: Mobile security software solutions
Date announced:
Investors: SeedPlus
What they will use the funding for:
Source: ETTech

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Company Name: Salebhai
Amount raised: INR 10 crore
Sector: Ecommerce marketplace for sweets, dry fruits and handicrafts
Date announced:
Investors: Brand Capital
What they will use the funding for: General operations
Source: ETTech

Company Name: Makkajai
Amount raised: $200,000
Sector: Education
Date announced:
Investors: LetsVenture; and individual investors Anand Chandrasekaran, Mekin Maheshwari, Ananth Narayanan, .
What they will use the funding for: Expanding across India and US markets, and in creating new content
Source: ETTech

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