The month of April witnessed funding across a wide range of categories. Here are top 10 portals which attracted VC’s and angels to invest large sum of investments:
The month of April witnessed funding across a wide range of categories. Here are top 10 portals which attracted VCs and angels to make investments in them:
IndiaHomes, a real estate brokerage portal, recently raised USD 24.8 million in a third round of funding. Existing investors also participated in the round. The company is currently having operations in Gurgaon, Mumbai, Bangalore, Kolkata and New Delhi. It is also having plans to expand its operations to 50 more towns.
Launched in 2006, the travel booking website has recently raised USD 23 million. Yatra is planning to acquire a few companies and spend between USD 1-20 million for future purchases. Till date, the company has secured a total funding of USD 125 million including this round. Also, it aims to accelerate its hotel booking business and will focus more on branding.
Launched in 2012, Mumbai based real estate portal has raised USD 18 million from venture capitalists. The raised funds will be used further to expand its existing operations in almost 40 cities. Till date, the company has raised a total funding of USD 20 million including the recent USD 2.5 million series A funding round led by Nexus Venture partners.
Deal Investor: Helion Venture Partners
Online employee privilege platform has recently raised USD 12 million from a group of angel investors. On this platform user can engage with various brands through different mediums like mailers, surveys, contests, exclusive deals etc. Raised fund will enable the company to further expand its reach and innovative solutions to its clients. Founded in 2011 by Partha Neog(CEO), KC Ramakrishna(COO), Anjan Pathak(CTO), Delhi based portal facilitates shopping from 950 national and international brands.
Deal Investor: Undisclosed
TaxiForSure, an online aggregator of taxis and car rentals, has raised a series B round. Existing investors also participated in the round. Previously, the company has raised USD 4 million in series A round of funding. The raised funds will be used to expand its existing operations to 20 new cities.
Gurgaon based enterprise supplier management platform has raised USD 6.54 million in a series A round of funding. Ajay Agarwal, Co-founder of Sirion, also put in USD 1.96 million in the total amount. Founded in 2006, the company helps business by delivering critical intelligence on demand and performance tracking, relationship alignment and invoice processing risk on a single platform. This funding will be used to grow its market network and accelerate research development.
Founded in 2011, the online grocery store raised USD 3 million in a bridge round of funding from an individual investor based in Singapore. The company has 10,000 products and 1,000 brands in its grocery list and is operating out of Bangalore. Funds will be used to expand its presence to 10 cities. Also, it aims to hit a turnover of USD 16 million in FY13-14. Earlier, the firm had raised USD 10 million from Ascent Capital in series A round of funding in 2012.
Deal Investors: Undisclosed
Bangalore based mobile application platform has raised USD 2.1 million in a fresh round of funding. Till date, the company has raised a total funding of USD 36.2 million. Earlier the firm raised two rounds of funding viz. USD 15 million (Feb. 2012) and USD 13.10 million (April 2011).
Deal Investors: Undisclosed
Founded in 2009, Foradian technology raised USD 2 million in an angel funding round. It aims to provide ERP software solutions to educational institutions in more than 100 countries. Till date, the company has raised a total funding of USD 2 million.
Deal Investors: William Bissell
Invention labs that develops avaz Apps for autistic children has raised USD 500,000 in seed round. Avaz is a picture based communication tool that helps autistic children to use their picture identification skill to create picture messages. Established in 2007 and based in Chennai, the company will use the raised funds to expand Avaz into new geographies with additional features.
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