Tuesday, November 5

Tag: ZunRoof

Funding Of The Week (25th June – 30th June 2018)
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...
Read More
ZunRoof Secures Rs 1.66 Crore From Group of Angel Investors
27Jun By AnkitaNo Comments
FUNDING

ZunRoof Secures Rs 1.66 Crore From Group of Angel Investors

Solar installation startup ZunRoof has received a huge funding boost after the startup successfully raised Rs 1.66 crore in its second angle funding round. The round was participation from i3N, Paipal Ventures’ Ajith Pai, Gaurav Gupta, Dalbergr and group of IIT Kharagpur alumni. Prior to this startup, the Gurugram headquartered startup had raised undisclosed amount from unidentified executives working in Facebook, Morgan Stanley and FICO.    ZunRoof will use newly raised funds to increase capabilities in IoT and monitoring segments. Besides, the startup is also aiming to increase its sales run rate by three-fold by end of the next year. Currently, the company’ sales run rate lingers around $6 million. Founded in mid-2016, ZunRoof is a brainchild of Pranesh Chaudhary and Sushant S...
Read More