funding-money-1

Company Name: HandyTrain
Amount raised: $1 Mn
Sector: SaaS (Software as a Service)
Date announced: 29th November 2016
Investors: Silver Range Investments, Lumina Datamatics and Shun Yoshida, Managing Director, Merrill Lynch, Tokyo and other angel investors.
What they will use the funding for:
Source: Inc42

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Company Name: ShopsUp
Amount raised: Rs. 6.6 crore
Sector: ecommerce
Date announced: 30th November 2016
Investors: Anand Sankeshwar, and Yang Shu
What they will use the funding for: For overall operations
Source: Et Tech

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Company Name: MarianaIQ
Amount raised: $2 million
Sector: Marketing automation
Date announced: 30th November 2016
Investors: Exfinity Venture Partners
What they will use the funding for: To develop its product and marketung trategy.
Source: Techcircle

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Company Name: Core Diagnostics
Amount raised: Rs 84 crore
Sector: Healthcare
Date announced: 01st December 2016
Investors: Fidelity Investment, Artiman Ventures
What they will use the funding for:  To expand its suite of Diagnostics tests in oncology, infectious diseases and gynaecology.
Source: ETtech

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Company Name: Affordplan
Amount raised: $3 Mn (INR 20 Cr)
Sector: Healthcare
Date announced: 29th November 2016
Investors: Prime Venture Partners and Kalaari Capital
What they will use the funding for: To expand the current team, and open offices across newer cities in India

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Company Name: Wholesalebox
Amount raised: $2 million
Sector: Online B2B buying and selling
Date announced: 29th November 2016
Investors: Contrarian Vriddhi Fund, and Manish Maheshwari.
What they will use the funding for:  To upgrade technology, expand operations in new markets and improve the supplier and buyer experience.
Source: ETtech

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Company Name: InfiSecure
Amount raised: $600,000
Sector: SaaS (Software as a Service)
Date announced: 24th November 2016
Investors: IDG Ventures and Axilor Ventures
What they will use the funding for: To invest in research and global business development and upgraing its technology platform.
Source: ETtech

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Company Name: Aye Finance
Amount raised: $10.2 Mn (INR 70 Cr)
Sector: Fintech
Date announced: 22nd November 2016
Investors: LGT Impact Ventures, SAIF Partners, and Accion
What they will use the funding for: To expand in more cities in India and upgrading its technology.
Source: Inc42

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Company Name: StalkBuyLove
Amount raised: Rs 41 crore ($6 million)
Sector: Ecommerce
Date announced: 9th December 2016
Investors: Kalaari, VCDE Venture Partners, TTM Holding AG
What they will use the funding for:
Source: Techcircle

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Company Name: WittyParrot
Amount raised: Rs 3 crore ($450,000)
Sector: Content Delivery Networks & storage hosting
Date announced: 9th December 2016
Investors: Mumbai Angels & others
What they will use the funding for:  To hire fresh talent in its sales team, growing its operations in US and India
Source: Techcircle