Funds-money

Company Name: Beyond Evolution
Amount raised: Undisclosed
Sector: IoT
Date announced: 24th August 2016
Investors: Vineet Taneja and Kamal Puri
What they will use the funding for: Product development and marketing.
Source:  ETTech

*

Company Name: TAC Security Solutions
Amount raised: Undisclosed
Sector: IT security
Date announced: 22nd August 2016
Investors: Vijay Kedia
What they will use the funding for:
Source:  Inc42

*

Company Name: Shaadisaga
Amount raised: Undisclosed
Sector: Online wedding planning
Date announced: 24th August 2016
Investors: Anupam Mittal,  Kunal Shah, ah! Ventures
What they will use the funding for: Marketing activities and for upgrading product technology and to on-board more vendors.
Source: ETTech

*

Company Name: Advenio Technosys
Amount raised: $100,000 (~Rs 67 lakh)
Sector: Artificial Intelligence
Date announced: 24th August 2016
Investors: Kalaari Capital owned Kstart
What they will use the funding for: Upgrading its product and for clinical validation.
Source: ETTech

*

Company Name: GuaRented
Amount raised: $500,000 (~3.4 crore)
Sector: Online Rental Marketplace
Date announced: 24th August 2016
Investors: Kalaari Capital owned Kstart
What they will use the funding for: Scale supply inventory and enhancing the technology platform.
Source: ETTech

*

Company Name: Unacademy
Amount raised: $1 million (~Rs 6.7 crore)
Sector: Education
Date announced: 24th August 2016
Investors: Sachin Bansal, Vijay Shekhar, Kunal Shah & Blume ventures
What they will use the funding for:  Enhancing its app, research, product development and team.
Source: ETTech

*

Company Name: NearU
Amount raised: Undisclosed
Sector: Online/Offline retail shop aggregator
Date announced: 23rd August 2016
Investors: Dr. Goutam Challagalla
What they will use the funding for: Marketing and expansion into international regions.
Source: Inc42

*

Company Name: Octo.Ai
Amount raised: $200,000
Sector: Artificial Intelligence and Marketing
Date announced: 23rd August 2016
Investors: Rohan and Arjun Malhotra, Rahul Khanna, Rakesh Agrawal, Sidharth Rao , Outbox Ventures, Rajan Navani, Gautam Gandhi, Jaspreet Bindra, and Gagan Duggal.
What they will use the funding for:
Source: Inc42

*

Company Name: UberDreams
Amount raised: $500,000
Sector: Online platform for “fulfilling users’ dreams”
Date announced: 23rd August 2016
Investors: Mohit Lalvani
What they will use the funding for: Expanding  list of offerings and marketing
Source: Inc42

*

Company Name: ConveGenius
Amount raised: $900,000 (~INR 6 Cr)
Sector: Education
Date announced: 24th August 2016
Investors: Michael and Susan Dell Foundation
What they will use the funding for: Scaling operations, updating archive of educational content and strengthening  technology platform.
Source: Inc42

*

Company Name: NearFox
Amount raised: Undisclosed
Sector: Lifestyle discovery platform
Date announced: 25th August 2016
Investors: Globevestor Angel Fund,  Devendra Rane, Ravi Jain, and Arpan Nagdeve
What they will use the funding for: Hiring new talent and launching operations in more geographies.
Source: Inc42

*

Company Name: EngineerBabu
Amount raised: Rs 1 crore
Sector: IT services, website &  app development
Date announced: 31st August 2016
Investors: Scale Ventures
What they will use the funding for:
Source: ETTech

*

Company Name: Inclov
Amount raised: Undisclosed
Sector: Online dating for the differently-abled
Date announced: 31st August 2016
Investors: Sarbvir Singh, and Raghav Bahl
What they will use the funding for:  To update app and launch an iOS version, and research & development activities.
Source: Inc42

*

Company Name: Mad Street Den
Amount raised: Undisclosed
Sector: Artificial Intelligence
Date announced: 31st August 2016
Investors: Sequoia Capital, Exfinity Fund and GrowX Ventures
What they will use the funding for:
Source: Factordaily

*

Company Name: StalkBuyLove
Amount raised: Undisclosed
Sector: Online fashion retailer
Date announced: 3rd September 2016
Investors: Fabindia’s MD William Bissell
What they will use the funding for: Improving supply chain operations, and hire fresh talent in its design team.
Source: ETTech

*

Company Name: Notesgen
Amount raised: $100,000
Sector: Education
Date announced: 22nd August 2016
Investors: Riju Gupta, Kamal Chhabra
What they will use the funding for:
Source: Inc42