RailYatri acqui-hires YatraChef for last mile commerce
Train travel app company RailYatri has acqui-hired Kochi-based food-delivery technology start-up YatraChef for an undisclosed amount. The YatraChef team will now manage the pan-India supply side of RailYatri’s in its last mile delivery business. RailYatri said that the acquisition will help it to further strengthen its supply-side commerce capabilities, as it continues to add new offerings to its travel marketplace.
Goomo acquires WagonBee
Travel tech company Goomo has acquired B2B vehicle rental marketplace WagonBee for an undisclosed amount. Founded in 2016, WagonBee is a B2B car rental marketplace for travel agents and suppliers, enabling them to rent a vehicle ranging from hatchbacks and sedans to luxury coaches and buses, provided by vendors across 40 cities in India. Goomo said in a statement that the acquisition will help the company to add road transportation services to its list of offerings. Earlier, Gommo had acquired holiday marketplace start-up Zopky. In the B2C category, Goomo recently added the hotel booking and flight bookings.
HungerBox has raises pre-Series A funding of $2.5 million
Bangalore-based B2B F&B tech startup HungerBox has raised pre-Series A funding of $2.5 million from Singapore-based Lionrock Capital, Axilor Ventures founder and Infosys co-founder Kris Gopalakrishnan, reports VCCircle. HungerBox connects caterers and corporates via its platform, and currently operates in Bangalore, Mumbai, Pune, Delhi, NCR, Hyderabad, Chennai and Jaipur. The publication reports that the startup will used the capital to strengthen its offerings in existing markets.
SaaS Startup Paperflite closes seed funding of $400k
SaaS Startup Paperflite has closed a seed funding of $400,000 seed funding (approx Rs2.6 crore) round, led by The Chennai Angels. Headquartered in US and offices in India, Paperflite Inc provides a Content Enablement Software, which helps B2B marketers to deliver and measure content marketing. The company has clients such as Freshworks, Red-Eye and DataTracks.