Sunday, December 22

Tag: bengaluru startup

Co-living Startup Grexter secured $1.5 million Pre-Series A Funding
FUNDING

Co-living Startup Grexter secured $1.5 million Pre-Series A Funding

Bengaluru, January 11, 2019: Venture Catalysts has invested $1.5 million in India based startup Grexter, one of the leading tech-based, hassle-free rental accommodation providing platforms for students and young professionals in the country. Grexter has raised the capital as part of its Pre-Series A funding round and it aims to leverage the funds for enhancing the inventory it offers as well as to ramp up its technology architecture.      Grexter provides state of the art co-living spaces to those looking for hassle-free and cost-effective community living options. Problems such as hefty brokerage fees, low-quality homes, sky-high rents and deposits, and picky homeowners are all eliminated when one moves into a Grexter property.     Its USP is that it offers fully-furnished state...
Tech Startup Synup Bags $6 Mn Series A Funding
FUNDING

Tech Startup Synup Bags $6 Mn Series A Funding

Bangalore-based startup Synup that provides Saas solutions for marketing of local businesses, has raised $6 million in Series A funding led by Vertex Ventures. The round also saw the participation of its existing investor Prime Venture Partners. Launched back in 2014, Synup was founded by 23-year-old Ashwin Ramesh along with industry veterans Mohan Gopalakrishnan and Karthik Krishnamoorthy.The startup caters to merchants currently in the US, but has plans to start operations in Western Europe and the UK as well. With the funding in hand, it will focus on strengthening its tech platform to cater to a larger chunk of merchants and expand to newer geographies. "We have 50,000 merchants signed up on our platform using our services presently. We have to increase it to 5 lakh over the...
Hike Messenger Acqui-Hires Media Streaming Device Teewe Maker Creo
ACQUISITION

Hike Messenger Acqui-Hires Media Streaming Device Teewe Maker Creo

Hike Messenger, the messaging app founded by Kavin Mittal, son of Bharti Airtel founder Sunil Bharti Mittal, has acqui-hired Creo, a Bangalore based tech-startup. The startup is known for making TeeWe, an HDMI based video streaming device. Hike Messenger, which is operated by Bharti SoftBank Holdings Pte. Ltd. (more…)
StayAbode Raises Fresh Funding From A Clutch Of Investors
FUNDING

StayAbode Raises Fresh Funding From A Clutch Of Investors

Bengaluru-based co-living spaces builder,StayAbode has raised an undisclosed amount of funding in a fresh round of investment from Incubate Fund and a clutch of investors. The company plans to invest the capital to strengthen its technology platform and expand its team. (more…)