Investments, News

#Fundingwire: Byndr Raises $700K in Seed Funding; Modasta Secures $1.5M in Angel Round & More



Fundingwire is your quick summary of notable investments made in the technology space. The firms which have recently raised investment include Byndr, Modasta, Suma Agro and Istyleyou

Byndr Raises $700K in Seed Funding

Mobile learning management platform Byndr, has raised $700,000 in seed funding from Education Design Studio, Ben Franklin Technology Partners and a group of angel investors.

The Hyderabad-based firm was founded in March 2015, firm will used the raised fund to expand its sales and development team. Read More

Modasta Secures $1.5M in Angel round

Modasta, a Bangalore-based health content and queries platform, has raised $1.5 million from Mauritius-based HNIs. The newly raised funding will be used by the company to further grow its business, upgrade technology, for talent acquisition and marketing outreach activities.

Modasta was founded in 2015 by Bikram Barman and Dr Geethanjali Barman, along with IIM alumnus Pankaj Pandey. The company covers a range of health-related content, curated by Indian doctors, across five regional languages, along with English – Hindi, Telugu, Tamil, Kannada and Malayalam. Read More

Suma Agro Raised $89K from Ankur Capital

Mumbai-based impact investor Ankur Capital has invested $89,000 in Suma Agro. This is the fifth investment by Ankur Capital so far from its Rs 40 crore maiden fund.

Suma Agro, which was launched in 2011 by Krishnamoorthy Karthikeyan and Sumathi Balamurukan. It is a Chennai-based sustainable agro-input firm, that offers humic-acid-based soil nutrient solutions. Read More

Istyleyou Raises Investment from TV Personality Rannvijay Singh

Television personality Rannvijay Singh backs fashion styling app Istyleyou by investing an undisclosed amount and endorsing the brand. Istyleyou is a fashion styling platform, where users can interact with fashion stylists and also know what is trending as per their own style profile.

Istyleyou was Founded in November 2015 by Pallav Modi, Amit Kejriwal and Vinayak Khanijo. Previously, it had received around $100K from Gurgaon-based GHV Accelerator.

Image Source: byndr

Have ideas to share? Submit a post on iamwire

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>