VCC Startups

Kae Capital invests more in parenting startup Parentune

March 08, 2017 | Arti Singh

Gurgaon-based Proparent Solutions Pvt. Ltd, which runs online community of parents Parentune, has raised an undisclosed amount in its second round of funding from existing investor Kae Capital and Singapore-based SEGNEL Ventures, a VC firm that operates in South and Southeast Asia.

Mental health platform Juno Clinic bags $1.2 mn from Hexaware, Zodius Capital founders

March 08, 2017 | Vijayakumar Pitchiah

Mumbai-based Davman Technologies Pvt Ltd, which operates Juno Clinic, an online and offline mental health startup, has raised $1.2 million (Rs 8 crore) in pre-Series A funding from a clutch of angel investors, a press statement by the firm said.

Supr Daily raises $120K from US-based accelerator Y Combinator

March 08, 2017 | Varun Arora

Mumbai-based daily consumables startup Supr Daily has raised $120,000 from US-based startup accelerator Y Combinator after it was selected as one the 12 Indian startups for the winter batch of the programme.

Six startups that make life easier for women

March 08, 2017 | Disha Sharma & Shruti Jain

Finding a job after a prolonged professional gap or locating a hygienic toilet in a crowded market can be a daunting task for women. However, a lot of startups are coming up with innovative and tech-enabled solutions to address these challenges and many more.

How two women vaulted over stereotypes to launch a game changer for investors

March 08, 2017 | Priya Prasad

For all the progress women have made, they remain a rarity in the finance world, partly because of the impression that they are second-best when it comes to crunching numbers, analysing data and understanding the fine nuances that, oftentimes, make all the difference.

Fighting gender stereotyping: Meet five women entrepreneurs who overcame the odds

March 08, 2017 | Arti Singh & Priya Prasad

Taking up entrepreneurship is not easy but it is no longer alien to women in India. Many women have made a mark in the startup ecosystem and have shown what it takes to live their dream.

Exclusive: Flipkart’s Ashish Gupta joins US startup as India engineering head

March 08, 2017 | Vijayakumar Pitchiah

Former vice president of engineering at Flipkart Ashish Gupta, who quit the Indian e-commerce major in February this year, has joined the Indian arm of US-based cloud enterprise storage startup Rubrik Inc as vice president of engineering.

Snapdeal’s potential fundraise from Softbank may cut its valuation in half

March 08, 2017 | Disha Sharma

E-commerce firm Snapdeal is in talks to raise funds from existing investor Softbank, which could see its valuation fall below $3 billion, a financial daily reported on Wednesday.

Blockchain-enabled gifting platform Easter Egg raises $400K seed investment

March 07, 2017 | Arti Singh

Easter Egg, a blockchain-enabled gifting platform, has raised $400,000 in its initial round of funding from Singapore-based early stage investment firm Wealthy Ideas, a company executive told VCCircle.

IDG Ventures, Dell Foundation back logistics marketplace Blowhorn

March 07, 2017 | Vijayakumar Pitchiah

Bangalore-based Catbus Infolabs Pvt.

Exclusive: Car repair aggregator BookServicing raises seed funding

March 07, 2017 | Shruti Jain

StatSoft Technologies Pvt Ltd-run online car servicing platform BookServicing has raised Rs 20 lakh ($30,000) in seed funding from the National Science and Technology Entrepreneurship Development Board (NSTEDB), a government arm that promotes tech enterprises.

Anil Ambani's Reliance Capital sells its stake in Paytm for $41 mn

March 07, 2017 | Arti Singh

Anil Ambani-controlled Reliance Capital Ltd has sold its nearly 1% stake in digital wallet company Paytm for Rs 275 crore ($41 million) to China's Alibaba Group, a report by Press Trust of India stated, citing unnamed sources.

Cybersecurity startup Data Resolve raises $1 mn from IDFC-Parampara fund

March 07, 2017 | Varun Arora

Noida-based Data Resolve Technologies Pvt. Ltd, which runs cybersecurity and cyber intelligence startup Data Resolve, has raised over $1 million from IDFC Parampara Early Stage Opportunities Fund, said a company statement.

Star India makes strategic investment in media tech startup Zapr

March 07, 2017 | Disha Sharma

21st Century Fox-owned broadcaster Star India Pvt Ltd has picked up a minority stake in Bangalore-based media tech company Zapr Media Labs, a press statement issued by the firm stated.

Pi Ventures hits first close of maiden fund; MakeMyTrip, Flipkart co-founders invest

March 07, 2017 | Arti Singh

Early-stage venture fund pi Ventures has announced the first close of its maiden fund at $13 million, with technology entrepreneurs such as former Infosys CFO and Aarin Capital chairman TV Mohandas Pai, Flipkart's Binny Bansal, MakeMyTrip's Deep Kalra and Info Edge's Sanjeev Bikchandani, and ange

Accel Partners leads $10 mn Series B round in AgroStar

March 07, 2017 | Vijayakumar Pitchiah

Pune-based ULink AgriTech Pvt. Ltd, which operates direct-to-farmer mobile-based retail platform AgroStar, has raised $10 million (around Rs 66.6 crore) in its Series B round led by Accel Partners, the company said in a statement.

How Liv.Ai is helping machines talk to Indians in their mother tongue

March 07, 2017 | Disha Sharma

For those not comfortable in English, using messaging platforms can be a tedious task. There are phones these days that integrate regional language keyboards in the operating system, but ever tried stringing together a five-line sentence in Punjabi?

Exclusive: Gadget repair service PICKmE secures $1.79 mn from SIDBI VC

March 06, 2017 | Disha Sharma & Varun Arora

Mumbai-based PICKmE e-Solutions India Pvt Ltd has raised Rs 12 crore ($1.79 million) from SIDBI Venture Capital Fund, according to a filing with the Registrar of Companies.

SIDBI has bought 30,133 shares at Rs. 3,982.34 apiece.

CherishX, Touchkin and mShipper selected for Facebook’s FbStart programme

March 06, 2017 | Shruti Jain

Social media giant Facebook has selected express delivery platform mShipper, healthcare firm Touchkin and dating experiences platform CherishX for its FbStart programme, the companies told VCCircle.

Why high-paying Indian startups are cutting no ice with job-seekers

March 06, 2017 | Deepti Chaudhary

For 31-year-old Puneet Parthasarthy (name changed), it was a dream job. His employer, a B2B tech startup, had deep-pocketed investors, and it was offering him a designation and compensation that could give many around him a strong bout of jealousy.

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