#Fundingwire is your dose of notable investment announcements in the technology ecosystem. The firms which have recently raised investment include ZiPi, Joolz, Buttercups, Cuberoot and Zenoti.
ZiPi Raises Investment from Swan Angel Network
Indore-based ZiPi has raised an undisclosed amount of funding from Swan Angel Network. The firm provides a chatbot platform to allow users to engage with local business and services.
ZiPi was founded in October 2015,and was launched in January 2016 for public by a 15-member team led by Sukrat Ray, Pranav Singhi, Sumay Dubey & Siddharth Ray. It plans to use the funds to accelerate sales and continue developing technology that securely connects businesses with their customer by means of bots and conversational interface.
Jewellery marketplace Joolz Raises Rs 3.3 Cr in Pre-Series A
Mumbai-based online jewellery marketplace Joolz has raised Rs 3.3 crore in a pre-Series-A round led by Silicon Valley-based Powerhouse Ventures and Japan’s M&S Partners.
Joolz was founded in June 2015 by Arnaud Lorie and Eli Atlas, the latter left the firm in November 2015. GSF Accelerator alumni firm will use the raised investment to grow operations, products, marketing and further build up its team. Read More
Online Lingerie Brand Buttercups Closes Pre-Series A
Bangalore-based online lingerie brand Buttercups has raised an undisclosed amount of investment in pre-series A round from online marketplace Snapdeal’s former chief product officer Anand Chandrasekaran, and its existing angel investors Kanwaljit Singh and Manoj Varghese.
Buttercups was founded in 2013 by Arpita Ganesh. It sells its products via both online and offline stores. Read More
Audience Management Platform Cuberoot Raises Close to $500K
Gurgaon-based audience management platform Cuberoot has raised $500,000 from investors whose names haven’t been disclosed. It provides data driven insights to brands, advertisers, agencies, publishers, etc. to advertise to their target audience better.
Cuberoot was founded in April 2015 by Nishith Srivastava, Atul Soni and Sandip Kumar. It plans to expand to overseas markets in the coming months. Read More
Zenoti Raises $15M Led by Norwest Venture Partners
Cloud-based spa and salon management software Zenoti has raised $15 million in investment, in a round led by Norwest Venture Partners with participation from existing investor Accel India.
Founded in 2010 by Sudheer Koneru, the company claims to provide services to 5000 businesses across 32 countries in the domains of beauty and wellness. Read More