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Funding Digest: Peel-Works, Shopholix, Skymet, and 9stacks

Peel-Works secures Series B funding from Unilever Ventures Mumbai-based Peel-Works, a SaaS and big-data analytics company has secured Series B funding of undisclosed amount from Unilever Ventures and existing investors like Inventus Capital Partners and IDG Ventures India. Peel-works platform enables retailers to optimise their stores assortments and inventory levels, to thereby reducing their operations costs. The startup said in a statement that it will use the fresh round of funds to further strengthen its product and technology, will build leadership team and will expand in more geographies. *** Skymet gets funding from the German govt's InsuResilience Weather forecast platform Skymet Weather Services has raised a Series C round of funding of an undsiclosed amount from the German government's InsuResilience Investment Fund along with existing investors, including Omnivore and DMGT. With the deal, InsuResilience acquires 26.8% stake in Skymet. Ernst & Young LLP acted as the exclusive financial advisor to Skymet for this transaction. The company said in its statement that the investment will help Skymet to expand Automated Weather Stations (AWS) network and strengthen its climate prediction offerings. *** Shopholix raises Pre-series A funding of Rs 1.5cr Shopholix, a fashion & lifestyle couponing platform for brick & mortar stores, has raised pre-series A round of funding of Rs 1.5 crore led by former PwC executive Munesh Khanna, along with other investors in India and abroad. With the funding money, the company plans to expand its geographical reach, and further enhance the product, partner network, and organise overall operations by…

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