Investments, News

#Fundingwire: AppsDaily Secures $2M from Kalaari Capital & More


Fundingwire is your quick summary of notable investments made in the technology space. The firms which have recently raised investment include Don’t Scratch Your Head, AppsDaily, NXF Digital, Pitstop, Quickli and SpectraVR

AppsDaily Secures $2M from Kalaari Capital

Mobile app development and distribution company AppsDaily Solutions Pvt. Ltd founded by siblings Arun Menon (CEO) and Ajay Menon (director) in 2008, has raised $2 million funding from existing investors Kalaari Capital, Qualcomm Ventures, Russian venture capital fund ru-Net and Zodius Technology Opportunities Fund. Read More

SaaS Based Logistics Platform Don’t Scratch Your Head Raised $250K

SaaS based logistics reconciliation platform Don’t Scratch Your Head (DSYH) raised $250K from Venture Catalysts. Ahmedabad-based DSYH was part of Reliance Industries’ accelerator programme GenNext Hub and is data analytics SaaS start-up in the logistics reconciliation space across multiple sectors. Read More

NFX Digital Closes $1M Led by Indian Angel Network

Indian Angel Network has led a $1-million funding round in NFX Digital, which owns and operates gamified consumer insights portal, Adytude. com. Vikas Kuthiala, was the lead investor for the transaction and will be joining the NFX Digital’s board. Read More

Quickli Secures Bridge Round Led By AVG Group and 500 Startups

Last mile delivery startup Quickli has raised a bridge round led by the AVG Group and US-based 500 Startups. Quickli is currently doing 2,000 orders a day in the Delhi-NCR area and will utilise the capital to enter new geographies, In September last year, the startup had raised seed funding from 500 Startups and former Rocket Internet partner Mato Peric. Read More 

Pitstop Secures Funding from Angel Investors

Car repair and servicing startup Pitstop has raised an undisclosed amount in funding from Alex Chua, chief operating officer of Singapore-based Goldbell Group; and the founder of Moglix, Rahul Garg. Pitstop works through tie-ups with local garages, plans to enter new markets including Mumbai, Pune, Chandigarh, Chennai and Hyderabad. Read More

SpectraVR Raised Seed Funding from Rothenberg Ventures

Mumbai-based virtual reality content studio, SpectraVR has raised an undisclosed amount of seed funding from US-based technology venture capital firm Rothenberg Ventures. The company main focus will be on enabling users to experience virtual reality through their smartphones to make it more cost effective. Read More

Image Credit: AppsDaily

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