Funding announcements for August 2018
Company Name: MissMalini Entertainment
Amount raised: Rs 10.4 crore
Type: Pre-Series A
Sector: Digital content
Date announced: August 28, 2018
Investors: Orios Venture Partners and New Enterprise Associates
What they will use the funding for: Video production and expansion
Source: Economic Times
**
Company Name: MyUpchar
Amount raised: $5 million
Type: Series A
Sector: Health content
Date announced: August 28, 2018
Investors: Nexus Venture Partners, Omidyar Network and Shunwei Capital
What they will use the funding for: To invest in internal technology
Source: Livemint
**
Company Name: Rooter
Amount raised: Rs 4.5 crore
Type: Pre-Series A
Sector: Sports app
Date announced: August 27, 2018
Investors: Venture Catalysts
What they will use the funding for: Global expansion
Source: Economic Times
**
Company Name: Shubh Loans (Datasigns Technologies)
Amount raised: $4.2 million
Type: Unknown
Sector: Digital lending
Date announced: August 26, 2018
Investors: Saama Capital, SRI Capital, Beenext and Pravega Ventures
What they will use the funding for: To invest in internal technology and expand the team
Source: Livemint
**
Company Name: HoloSuit
Amount raised: Undisclosed
Type: Unspecified
Sector: Technology
Date announced: August 23, 2018
Investors: Shabir Momin, Rohit Nanda and Mohammed SiraJuddin
What they will use the funding for: Unknown
Source: VCCircle
**
Company Name: University Living
Amount raised: Undisclosed
Type: Pre-Series A
Sector: Marketplace
Date announced: August 23, 2018
Investors: Indian Angel Networks (IAN) and LetsVenture
What they will use the funding for: Global expansion
Source: VCCircle
**
Company Name: Kaleidofin
Amount raised: Undisclosed
Type: Seed
Sector: Fintech
Date announced: August 23
Investors: Bharat Inclusion Initiative (BII)
What they will use the funding for: Unspecified
Source: Company statement
**
Company Name: Hush
Amount raised: Undisclosed
Type: Seed
Sector: Software
Date announced: August 23, 2018
Investors: Accel, Sanjay Nadkarni and other undisclosed individuals
What they will use the funding for: Geographical expansion and internal investments
Source: Economic Times
**
Company Name: Imarticus Learning
Amount raised: $2 million
Type: Series B
Sector: Education
Date announced: August 23, 2018
Investors: CBA Capital
What they will use the funding for: Domestic and international expansion
Source: Livemint
**
Company Name: WoVoyage
Amount raised: Undisclosed
Type: Seed
Sector: Online travel
Date announced: August 20, 2018
Investors: Shabir Momin and Rohit Nanda
What they will use the funding for: Expansion of products and services
Source: VCCircle
**
Company Name: Finzy
Amount raised: $1 million
Type: Pre-Series A
Sector: Digital lending
Date announced: August 20, 2018
Investors: Undisclosed
What they will use the funding for: Geographical expansion and technology investment
Source: Economic Times
***
VC Funds
Company Name: Pi Ventures
Amount raised: $6 million
Type: VC funds
Sector: Technology
Date announced: August 21, 2018
Investors: CDC Group, UK
What they will use the funding for: To invest in tech start ups
Source: Livemint
