Investments, News

FundingWire: BigFoot Raises $8M; Vcats Invest in VPhrase Analytics; NOW Raises $500k & More

BigFoot Retail Raises $2M to Complete its Series B at $8M

BigFoot Retail, which operates eCommerce solution provider KartRocket, has raised $2 million, closing its Series B at $8 million. The recent funds were raised by an unnamed Japanese investor. This news comes in just after 2 months after the Delhi based startup had raised $6 million led by Bertelsmann India Investments, the strategic investment arm of German media conglomerate Bertelsmann SE & Co.

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Vcats Invest in VPhrase Analytics

Venture Catalysts, Indian Seed Investment platform, has invested in vPhrase Analytics Solutions, an AI enabled platform that helps companies communicate insights in data, in words, at scale. The seed investment was led by Apoorv Ranjan Sharma and Daud Ali from Venture Catalysts, while other prominent Angels from the VCats networks include Anil Jain, Anuj Golecha, Anirudh Damani, Vishal Maheshwari, Nitin Aggarwal, Mayank Shah, Jayesh Shah and Anand Ladsariya.

On-Demand Bike Taxi App NOW Raises $500K

NOW, on-demand bike taxi and hyperlocal delivery app, has raised $500K from Jaipuria Group’s managing director Ruchirans Jaipuria and director of Supreme Motors Anuj Sanghi. Co-Founder of the company Vivek Pandey stated that Of the target $500K, the startup has already raised $200K, and the remaining capital will flow on the basis of performance

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myGubbi Raises $2.5M From Founder of BigBasket, NeoBytes & EVO of Infosys

myGubbi, online home decor and furnishing company, has raised $2.5 million in a seed fund round. The round was led by Co-Founder of Big Basket Vipul Parekh, Co-Founder of NeoBytes Ananda Kallugadde and Rajesh K Murthy, EVO of Infosys.

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Dunzo Raises $650K From Aspada and Blume Ventures

Dunzo, an app that offers daily tasks solution, has raised $650K in Pre-Series A round from Aspada and Blume Ventures. The list of investors also included Rajan Anandan and Sandipan Chattopadhyay. The app leverages both AI and human operators in providing solutions for consumers’ everyday tasks.

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