Ecommerce, Investments, News

#Fundingwire: PrettySecrets to Close $6.13M; Cleartrip Raises Fresh Funding & More

Shown Above: Pretty Secrets Founder Karan Behal

Shown Above: Pretty Secrets Founder Karan Behal

Fundingwire is your quick summary of notable investments made in the technology space. The firms which have recently raised investment include PrettySecrets, Cleartrip, Procmart, Cyclops Medtech & Celerix

PrettySecrets Bags $6.13M in Investment

Mumbai-based online lingerie platform PrettySecrets is raising $6.13 million (Rs.40 crore) in a round led by Singapore based venture capital fund RB Investments Pte. Ltd, with participation from existing investor Orios Venture Capital. The company had last raised $12 million in Series A in September 2014.

The lingerie firm was launched in 2012 by Karan Behal, and had raised the seed round from Indian Angel Network and Harvard Business Angels. Read More

Cleartrip Raises Fresh Investment from Existing Investors

Travel portal Cleartrip has raised fresh investment from its existing investors including Concur Technologies and Gund Investment. The amount of the new round hasn’t been disclosed. However, company’s COO & President Samyukth Sridharan mentions that the firm has raised $75 million so far. Read More

IndiaMart Invests in B2B Marketplace ProcMart

B2B eCommerce firm IndiaMart has invested an undisclosed amount in B2B marketplace for office supplies – ProcMart. The latter is a marketplace for bulk procurement of office furniture and equipment. It was founded in 2015 by IIM Lucknow alumnus – Anish Popli, Pratik Potnis and Saheel Joshi. Read More

Healthtech Startup Cyclops Medtech Raises Seed Round

Healthtech startup Cyclops Medtech has raised an undisclosed amount of seed funding from CP Bothra, Chairman and Managing Director of Medreich Pharma. The firm has built a wearable device for diagnosing episodic neurological events like vertigo with the use of eye-tracking technology. It will used the raised funds for manufacturing & rolling out the product. Read More

Fintech Startup Celerix Raises $400K from Bitkemy Ventures

Celerix a fintech product and services startup, has raised $400K in seed funding from seed stage venture capital firm Bitkemy Ventures. The Bangalore-based firm was founded in 2013 by NITK Surathkal alumni Nagesh Kodavali and Nithish Rao. It offers products and services for stock market trading and portfolio management. Read More

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