Investments, News

FundingWire: AppilyEver, Carveniche Technologies and OfBusiness

Wedding Services Provider App AppliyEver Raises $400K in Seed Round

Hyderabad-based wedding services provider app, AppilyEver which was founded in 2015, by Rakesh Gupta and Sumit Handa, has raised $400,000 in a seed round of funding. The raised will be utilized by the company for product development and marketing.

The startup which allows users to send out invites, share updates and pictures, create events, and access relevant content, has over 2000 products and curates over 10 categories for planning a wedding. The funding came from a group of angel investors, led by Varun Aggarwal, founder of Univariety.

Ed Tech Firm Carveniche Technologies Gets Angel Funding

Bangalore based ed-tech firm Carveniche Technologies Pvt Ltd whose products are used by over 25,000 students across India, has raised angel funding. The round was led by Calcutta Angels, Lead Angels and a bunch of HNIs. The raised funding will be used for product development, scaling up operations, marketing and also for strengthening its B2C (business to consumer) operations.

The company has two learning platforms, the first is beGalileo, a math learning platform and other product offering is WisdomLeap, offers course content for Science, Social Studies and Math. In 2012, the company received an angel funding of around Rs 1 crore from Mumbai Angels.

OfBusiness Raises $5M in Series A from Matrix Partners

OfBusiness, an online marketplace for business to business commerce, has raised Series A funding of $5 million led by Matrix Partners India. The funds will be used to expand the team and build a technology platform for SMEs who are moving online to discover and transact with new customers and suppliers.


Other investors who participated in the round include Apoorva Patni, Bhavish Aggarwal, Pranay Chulet, Prashant Malik, Rohit MA, Sumesh Menon, among others. OfBusiness is operational in 10 states across the country and is active across two verticals – construction and manufacturing, with plans of entering healthcare soon. The company is headquartered in Gurgaon and has offices across the country.

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