BookMeds raises $100,000 in angel funding from Fabella Singapore

BookMeds raises $100,000 in angel funding from Fabella Singapore

Hyderabad based healthcare startup BookMeds has raised a seed funding of $100,000 USD from Fabella Singapore.The company will use the capital to drive sales and marketing and to take the idea to the masses.Founded by Mohammed Abubakr, an ex-Microsoft, BookMeds is an ecommerce portal for medicines and medical products. BookMeds allows people to order medicine and medical … [Read more...]

Food delivery startup SpoonJoy gets funding

Food delivery startup SpoonJoy gets funding

SpoonJoy, a food delivery service has raised an undisclosed amount of funding from angel investors including Sachin Bansal, co-founder Flipkart and Chief People Officer Mekin Maheshwari.The funding also saw participation from Abhishek Goyal, founder of Tracxn and Sahil Barua, co-founder of Delhivery along with Prashant Chandra, former chief financial officer of UrbanTouch … [Read more...]

Gift cards company QwikCilver Solutions raises 10-million from Amazon

Gift cards company QwikCilver Solutions raises $10-million from Amazon

Bangalore based QwikCilver Solutions has raised $10-million (over Rs 60-crore) for a stake under 15% in a round of funding led by Seattle based Amazon. Existing investors Helion Venture Partners and Accel Partners also participated in this round of funding.Part of the funds will be used towards providing mobile solutions for gifting and is also considering to offer a single … [Read more...]

Portland’s Janrain acquires Arktan

Portland’s Janrain acquires Arktan

Janrain, a Portland technology company that provides SaaS solutions has acquired Arktan, provider of innovative real-time social curation and social engagement products. However, the financial details have not been disclosed.The acquisition allows customer identity to be deeply integrated with engagement and activity data, enhancing marketers’ understanding of their c … [Read more...]

IDG Ventures invests in gaming company PlaySimple

IDG Ventures invests in gaming company PlaySimple

IDG Ventures India has invested an undisclosed amount in Bangalore based startup PlaySimple, a mobile gaming firm. Yezdi Lashkari, an angel investor and former top executive at gaming firm Zynga also participated in the round.The funds will be used to build a portfolio of mobile casual games targeting the global markets.Siddharth Jain founded PlaySimple along with his … [Read more...]

Primaseller has raised funds from Mumbai Angels

Primaseller has raised funds from Mumbai Angels

Primaseller, a technology solution provider has raised an undisclosed amount of funding from Mumbai Angels. Aniruddha Malpani, a member of the angel network, led the funding round along with participation from US-based tech entrepreneur Kishore Ganji, and others.The funds will be used to increase the number of online channels offered and build a stronger customer … [Read more...]

News Corp acquires BigDecisions.com

News Corp acquires BigDecisions.com

Rupert Murdoch’s News Corp has acquired BigDecisions.com, a start up that help consumers to make financial decisions. The financial details of the acquisition have not been disclosed.The acquisition of BigDecisions.com includes the site’s parent company, FinDirect Services Pvt Ltd.Mumbai based BigDecisions was founded in 2013 by Manish Shah and Gaurav Roy. It aims to hel … [Read more...]

Banyan Green Fuels raises funds of Rs 1 crore

Banyan Green Fuels raises funds of Rs 1 crore

Banyan Green Fuels has raised Rs 1 crore from Intellecap Impact Investment Network (I3N) along with angel investors such as Naveen Kshatriya, founder of Kshatriya Ventures, and Rema Subramanian, Ankur Capital.Banyan Green Fuels, a biomass supplier for cement, power and co-generation plants, was founded by Nityanand J Agarwal, an IIT-Kanpur alumnus in 2012. The Hyderabad … [Read more...]

Zomato acquires Italy’s Cibando

Zomato acquires Italy’s Cibando

Zomato, an online restaurant discovery guide, has acquired Italy’s restaurant search service Cibando. However, the amount towards the acquisition has not been disclosed.Cibando was founded by Guk Kim in 2010. It has 82,000 restaurants and over 7,000 reviews written by its own editors.The brand details of Cibando will be consolidated with Zomato and then will be made a … [Read more...]

BookMyCab raises undisclosed amount in Series A funding

BookMyCab raises undisclosed amount in Series A funding

BookMyCab has raised an undisclosed amount in funding in Series A round led by Contrarian Vridhhi Fund-I. Existing investors Mumbai Angels and YourNest Angel Fund also participated in this round of funding.The funding will be used to expand its operations in the northern and southern parts of the country.BookMyCab was founded in 2012 and is the only service provider to … [Read more...]