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Hyundai Motor Backs Delhi-based Car-Sharing Platform Revv

24Aug By Gauri SinghNo Comments

FUNDING

Hyundai Motor Backs Delhi-based Car-Sharing Platform Revv

New Delhi-based car-sharing platform Revv has reportedly secured funds amounting to Rs 100 Crore in a Series B funding round. This particular round was led by the popular South Korean car maker Hyundai Motor. The other investors that participated in this round included Edelweiss and Beenext that are the company’s existing investors. Along with this, fresh investors like Dream Incubator, Sunjay Kapoor of Sona BLW and Telama Investment were also a part of it. These company is planning to use the funds so raised for the expansion of its product offerings for both long-duration and on-demand use cases. Also, a part of the funds will be used to strengthen its technology team and build brand awareness. The company is also looking to increase its existence to 30 cities in the next 12 month...

17Aug By Gauri SinghNo Comments

FUNDING

Foodtech Startup EazyDiner Raises Rs 41 Crore in Series B Funding

EazyDiner Pvt. Ltd, a restaurant reservation startup has secured an amount of Rs 41 crore in Series B funding round. The funding round was led by Denlow Investment Trust and early-stage investment firm Beenext. The funds raised in the latest funding round are planned to be used in the expansion of its existence as well as for strengthening its loyalty programme, EazyDiner Prime. It was an equity financing round and following this funding, the valuation of the company reached Rs 280 crore. The latest round closed about two weeks ago and this round has come almost nine months after the company raised capital in funding led by existing backers DSG Consumer Partners and Saama Capital. “India’s restaurant dining scene has been growing exponentially every year. EazyDiner is a play on Indi...

11Apr By RishabhNo Comments

FUNDING

HackerEarth Raises USD 4.5 mn Funding from DHI Group and Others

HackerEarth, a platform for innovation and talent management, today said it has closed a USD 4.5 million (around Rs 30 crore) investment led by DHI Group. The Series A round also saw participation from Beenext, Beenos, Digital Garage and BizReach as well as HackerEarths current investor Prime Venture Partners. "With this round, we have raised a total of USD 5 million in equity investment to date. With this fresh infusion of capital, we aim to aggressively grow in the space of innovation management," HackerEarth CEO and Co-Founder Sachin Gupta. The company will also use the funds to strengthen its product team and strengthen business internationally in markets like the US, Europe and South East Asia, he added. Founded by Sachin Gupta and Vivek Prakash in 2012, HackerEarth has wo...

Servify Raises Pre-Series A Investment From Blume Ventures and Beenext

26Nov By NitishNo Comments

FUNDING

Servify Raises Pre-Series A Investment From Blume Ventures and Beenext

Servify - a personal device management platform for gadgets, consumer electronics and home appliances today announced that it has raised Pre-Series A investment led by Blume Ventures and Beenext . The investment round also saw participation from existing investors, including Germany-based Barkawi Holdings GmbH, TM Service Technology Holdings Gmbh and Sreevathsa Prabhakar, Founder of Servify. Sreevathsa Prabhakar, Founder & CEO of Servify said, "Our vision is to build a platform where consumers can get seamless post-purchase experience for all their devices - be it mobile phones or electronics or any home appliances they own. To enable this, the Servify technology platform connects consumers with brands, resellers and the service ecosystem through deeper integrations. The fund raise ...