FundingWire: Eywa Media, Loancircle, EasyFix and Wydr

Digital Signal Processing Startup Eywa Media Raises $1M from ah! Ventures, Viktor Koenig and Mantra Ventures

Eywa Media Raises $1M from ah! Ventures, Viktor Koenig and Mantra Ventures- Shown Above: Eywa Media's Team

Eywa Media Raises $1M from ah! Ventures, Viktor Koenig and Mantra Ventures- Shown Above: Eywa Media’s Team

Eywa Media, a digital signal processing technology startup, has raised a seed fund round of $1 million through ah! Ventures, US-based private equity fund Viktor Koenig and Indian venture capital firm Mantra Ventures. The company plans to use the raised funds for technology building, upgrading existing products and launching new products, expanding its sales and marketing presence across new geographies. The firm is also planning for its its expansion.

The deal was supported and syndicated by ah! Ventures and led to closure on its investment platform, CLUBah.com. Eywa Media is headquartered in Singapore, and has offices in Mumbai and Bengaluru. Started in 2014, the company leads audience interaction and engagement measurement along with analytics using audio detection technology for brands, broadcasters, retailers, advertisers, production houses, agencies etc across connected devices using its multi patent pending EywaConnect TV+ cloud platform!

The firm is exploring options to foray into the US, Malaysia, Thailand, the Philippines, Qatar and Saudi Arabia. It was incubated under the Kyron Accelerator Program in 2013.

Loancircle Raises Angel Funding from Topper’s Co-Founder Zishaan Hayath and Others

Loancircle Raises Angel Funding from Topper's Co-Founder Zishaan Hayath and Others - Image Source

Loancircle Raises Angel Funding from Topper’s Co-Founder Zishaan Hayath and Others – Image Source

Bengaluru-based Consumer lending marketplace Loancircle.in has raised an undisclosed amount of angel funding from Toppr.com co-founder Zishaan Hayath, Trifecta Capital MD Rahul Khanna, and Quintype CEO Amit Rathore with participation from HSBC Global’s Amit Arora, Appiterate co-founders Anuj Bhargava and Mayank Kumar. The company will use the raised funds to expand its technology, operations and risk management teams.

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The startup is owned and operated by Moneyvation Technologies Pvt Ltd. and was founded in 2015 by Tanuj Mendiratta, Anubhav Jain, and Abhishek Arora. It claims to consider a person’s education, work experience, expected career growth, and up to 1000 other data points, while evaluating a loan application.

EasyFix Handy Solutions Raises Funding from Axilor

EasyFix Handy Solutions Raises Funding from Axilor - Image Source

EasyFix Handy Solutions Raises Funding from Axilor – Image Source

Gurgaon-based EasyFix Handy Solutions India Pvt Ltd., a maintenance and repair service company, has raised its first round of institutional funding of an undisclosed amount from Axilor. The startup plans to utilise the new investment to expand its geographical reach to 15 cities. Further, the company will concentrate on tech-enablement of its on-field professionals and improving services’ delivery turn-around time.

Established in 2011, EasyFix provides repair and maintenance services for carpentry, electrical work and plumbing at homes and offices.

“We plan to invest in growing our field professional network from 2,000 to 5,000 strong, and tech-enabling them to ensure the home repairs experience is as close to the ‘Uber’ experience as possible,” said EasyFix’s Founder Shaifali Agarwal Holani.

Serial Entrepreneur Sandeep Aggarwal Backs Performance Based Wholesale Marketplace Platform Wydr

Serial Entrepreneur Sandeep Aggarwal Backs Performance Based Wholesale Marketplace Platform Wydr - Image Source

Serial Entrepreneur Sandeep Aggarwal Backs Performance Based Wholesale Marketplace Platform Wydr – Image Source

Former Shopclues chief, Sandeep Aggarwal, has invested an undisclosed amount into Wydr, a mobile app only performance based wholesale marketplace platform, founded by Devesh Rai, founding team member of ShopClues. Sandeep is the founder of ShopClues and Droom. The company is in talks with investors for another funding round of raising around $2 million as fresh funds.

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The firm is targeting the $300 billion worth Indian Wholesale market which has millions of wholesalers and more than 14 million retailers currently in play. The company aims to offer tech-driven business solutions to make the wholesale buying and selling experience organised and hassle-free through features such as real-time catalogue sharing, network building, deal discovery, order processing and reach expansion through chat-enabled features.

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