The Print, website of Shektar Gupta received an investment of Rs3.49 Cr by Rajan Tata in an extended round seed.
The Print is a digital news website launched in August 2017. It shares articles focused on politics and policy, government and governance and aims at building a network across India by investing in high-quality investigative and questioning journalism.
Creditas Solutions, a FinTech startup received an unrevealed amount from Pre-Series A funding round which was run by 1Crowd, an equity crowd-funding platform.
Creditas is an organization set up to help banks and non-banking financial companies (NBFCs) in enhancing customer acquisition, cross-sell, delinquency detection, financial literacy and debt recovery. They validate and enhance creditor data meant to create accurate customer profiles. They also use Machine Learning to engage customers through digital media.
The Ken, a digital business news platform from Bangalore received a funding of INR 1.47 Cr from a group of investors that includes Siddharth Bhammar (Executive Director-JP Morgan), Anchal Jain (Portfolio Manager – Balyasny Asset Management) and Murali A (MD – Graticule Asset Management Asia).
The Ken publishes an article per day behind a paywall whose access is charged at INR 2,750 for Indian users annually. Users can also subscribe to packages of INR 900 for a 3-month subscription duration. It covers principally topics such as technology and business but they have plans to move onto additional areas in the future.
Indian Fintech startup Cash Suvidha raised $1 million pre-Series A funding from the set of investors including Initia Holdings Ltd, Vipin Agarwal, Partner in India Industrial Growth Fund and others.
Cash Suvidha is a platform that allows its clients to make safer, scheduled and sophisticated business loans to allow the client make sustainable growth. It’s an information driven based lending platform with online application and good interest rates.
Roadcast, a GPS based social platform that lets you create and share journeys with your friends and family in real-time raised $250000 in an angel-funding round.
Roadcast’s solutions enable businesses with constantly moving on-field resources, such as sales force, delivery vehicles to develop the most productive supply chain management solutions by optimizing resource movement, thus cutting down on costs and increasing ROI significantly.
SmartCoin, a Bengaluru based Fintech startup raised $2 million funding in pre-Series A round from a top Chinese VC fund and Accion Venture Lab.
SmartCoin is a mobile app based lending platform, capable of assessing the risk profile of a prospective borrower in real time, using data science and machine learning algorithms. The company offers a 4 steps process to borrow the loan. You need to download the app, register via your Facebook account, mention the amount of loan and received the money in your bank account.
Swiggy, the online food-delivery, is set to receive $50-100 million from Coatue Management and few additional investors.
Swiggy is an online food-delivery app with a market valuation of $700 million. It is only gearing up to the tough competition they will face in the coming months as their market will witness the entries of two reputable companies in the name of Ola and UberEats as well as Zomato who recently received funding from Ant Financial.
Smaaash Entertainment, a gaming and entertainment company backed by famous Indian cricketer Sachin Tendulkar, has raised a fresh capital worth INR 40 Cr from several high net-worth individuals (HNIs) such as Manyavar founder Ravi Modi, former vice chairman of Cognizant, Lakshmi Narayana and Vijaylaxmi Poddar of Balkrishna Industries.
Smaaash is an immersive and entertainment platform that provides entertainment centers in Mumbai, Gurgaon, Hyderabad, Bengaluru, Noida, and Ludhiana. The Sachin Tendulkar-backed firm offer sports simulation technology based on popular sports such as cricket, football, racing and recreational activities. Their services extend to 360-degree cricket simulators, twilight bowling zones, motor racing simulators and go-karting tracks. They also organize games such as walk the plank, finger coaster and cockpit 360. They boast on their website to have twelve the amount of gaming arcades in the country.
Omni-channel platform Fynd closed Series C round of funding led by Google. Fynd’s latest round of funding will enable the platform to enhance the way it engages with consumers and retailers in a better way.
Fynd, the O2O platform directly sources products across various categories including clothing, footwear, jewellery and accessories, from the most prominent brands in the country (via their in-store inventory) and brings them online.
Factordaily, a news and media startup based in Bangalore has raised Rs76 Lakhs from present investors Vijay Shekhar Sharma and Girish Mathrubootham in an extension of Series A round.
FactorDaily is a startup news and media website founded in 2015 after first publishing stories through Facebook, LinkedIn and Medium. The team behind FactorDaily aims at covering four sectors namely influential tech companies, exploring how the rural areas are affected by technology, lifestyle and gadgets and future disruption.
LetsGetChecked, a medical health-testing app has raised $12 million in Series A funding led by Optum Ventures and Qiming Venture Partners.
LetsGetChecked provides its users with access to regulated laboratory testing and allow them to test themselves with the appropriate tools from their very own home. The aim of the company is to make use of technology and logistics to act as intermediary between testing labs and its users. The company has increasingly expanded its portfolio of services and currently provide services such as lifestyle testing, cancer screening, sexual health testing and fertility and hormone testing.
Gurgaon based HR Technology startup Benepik that provides a mobile-based solution for Employee Communication, Engagement, Rewards and Recognition, has raised an undisclosed amount in seed funding from Vishal Bali.
The funds will be used to strengthen the platform further, adding more functionalities to employee engagement and learning & development. It will also focus on developing capabilities in HR Analytics besides focusing on geographical expansion.
Benepik claims to have the most integrated solution in the Employee Engagement space. The platform is particularly useful for communication and engagement of non-desk workers (such as sales, service, operations and front-end employees).
It offers many other functionalities such as peer to peer recognition, pulse surveys, health & wellness, gamification among others. As part of its Employee Benefits portfolio, it has partnered with 1200+ merchants to offer preferred pricing to its corporate customers.