Investments, News

#Fundingwire: Crownit Bags $4M in Series B; Indicare Raises $526K and More


Crownit has raised around $4 million in Series B round of funding.

#FundingWire is your quick daily dose of notable investments made in the last 24 hours. Invested firms covered in this segment – Crownit, Indicare and MUrgency

Crownit Bags $4M in Series B Round of Funding

Gurgaon-based GoldVIP Technology Solutions Pvt. Ltd, which runs mobile-based marketing and customer rewards management platform Crownit, has raised around $4 million in Series B round of funding from a Silicon Valley-based investor and a Mumbai-based investor. Existing investors, Accel Partners and Helion Venture Partners have also participated in the funding round. Read more.

Indicare Health Services Raises $526K from HNIs

New Delhi-based Indicare Health Services Pvt. Ltd, which provides home care and wellness services under the brand MyCareLine, has raised close to $526k from two women high-net-worth individuals (HNIs) based out of Singapore and India. Read more.

Ratan Tata Backs MUrgency

Silicon Valley-based startup MUrgency which had recently raised an undisclosed amount of funding from Axilor Ventures, set up by Infosys co-founders Kris Gopalakrishnan and S D Shibulal, gets Ratan Tata as an another investor. The amount of Tata’s investment has not been disclosed.

It is a mobile application which connects people who need emergency response, with their family and friends, qualified medical, safety, rescue and assistance professionals, and other users of the app. Read more.

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