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 * 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 * 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 * 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 * 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 * 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 * Company Name: Digio…
