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Funding Roundup: Skillbox, CropIn, Niramai, Aye Finance and more

By Trisha Jalan and Nikhil Cariappa Investments in November 2018 Company Name: iChamp Amount raised: Undisclosed Type: Seed funding Sector: Education Date announced: November 6 Investors: Anuj Gupta and Mohit Agarwal, founders of Adda52.com What they will use the funding for: Increasing user base and enhancing product features Source: Company statement *** Company Name: Skillbox Amount raised: Undisclosed Type: Seed funding Sector: Networking and discovery Date announced: November 19 Investors: Angel investor Sandip Ranjhan What they will use the funding for: To scale and strengthen product and marketing Source: Company statement *** Company Name: CropIn Amount raised: $8 Million (Rs 58 crores) Type: Series B Sector: Agriculture Date announced: November 20 Investors: Chiratae Ventures (formerly IDG Ventures India) and the Bill & Melinda Gates Foundation Strategic Investment Fund (London and Seattle) What they will use the funding for: To develop its machine-learning based 'SmartRisk' platform Source: Company statement *** Company Name: DeTect Technologies Amount raised: $3.3 million Type: Series A Sector: IoT Date announced: November 21 Investors: SAIF Partners, Bharath Innovation Fund, Axilor Ventures, BlueHill Capital, and a few angels from the Keiretsu Forum What they will use the funding for: International expansion, to build manufacturing capability for production of patented products Source: Company statement *** Company Name: Aye Finance Amount raised: Rs 70 crore Type: Debt funding Sector: Lending Date announced: November 20 Investors: BlueOrchard What they will use the funding for: Geographic expansion and disbursal to current borrowers Source: The Economic Times *** Company Name: Smallcase and Turtlemint Amount raised: $7-8 million in Smallcase, $6 million in Turtlemint Type: Unspecified Sector: Personal investment and…

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