Aahaa Stores | Pixr8 News

30Jun By Gauri SinghNo Comments

FUNDING

Funding Of The Week (25th June – 30th June 2018)

This week we witnessed a good number of funding activities. A few companies raised a considerable amount of funding from various investors and thus, we have come up with a summary of all the fundings that took place this week i.e. from 25th June 2018 to 30th June 2018. 1) PolicyBazaar.com ETechAces and Consulting which operates PolicyBazaar.com has raised over USD 200 million (around Rs 1,360 crore) through a fresh round of investment led by Japan's SoftBank. The current round of funding will value the company over USD 1 billion. The funds would be used to grow the lending, investment and insurance business along with new initiatives such as healthcare tech and services and international expansion. PolicyBazaar.com has raised a total of USD 366 million throu...

Chennai based Startup Raises $2mn From Calega

Online office supplies platform Aahaa Stores announced fresh equity infusion of USD 2 million, led by global investment group, Calega. The company plans to utilise the fresh investments to upgrade their technology, expand business across new verticals and geographies, enrich infrastructure by inducting more independent service providers and mobilise superior talent. The Chennai-based startup helps businesses save on indirect purchases spend by managing their supply chain, bringing collective bargaining benefits and streamlining the vendor network. Before this round the company raised capital funds twice, worth one million dollars each, from a group of investors led by YourNest. "We are well on course to achieve the first milestone of Rs. 100 million per month sales. Using these f...

Aahaa Stores Bags $1Mn In Second Round Of Funding From YourNest Angel Fund

Online office supplies platform Aahaa Stores on Friday announced that it has raised $1 million in the second round of pre-series ‘A’ funding from investor group led by YourNest Angel Fund. Two of the existing investors including YourNest have participated in this round as well at a substantially higher valuation as compared to their earlier investments, Aahaa Stores said in a release. (more…)