#Fundingwire is your quick dose of notable investment announcements in the technology ecosystem. The firms which have recently raised investment include Impact Analytics, Fr8, Ather Energy, Idea Bubbles and The Kettlery.
Impact Analytics Raises $750K from Aarin Capital & Others
Bangalore & US-based big data analysis firm, Impact Analytics, has raised $750,000 in investment. The round was led by Prashant Agrawal, and saw participation from serial entrepreneur Michael Herzig and Ashish Lakhanpal, CEO, Kismet Capital.
It’s a B2B enterprise data firm, which will utilise the investment for product development. It was founded in 2015 by Prashant Agrawal. Read More
Freight Logistics Firm FR8 Raises $971K From Omnivore Partners
Chennai-based logistics firm FR8 has raised about $971,000 from Omnivore Partners. It offers long-haul truck solutions to enterprises, including agricultural & F&B firms. It was founded in 2016 by Vasanth Immanuel and Jayendran Panneerselvam, and claims to book close to Rs 2.5 crore worth orders per month. Read More
Ather Energy Secures Rs 180 Cr from Hero MotoCorp
Bangalore-based electric vehicle maker Ather Energy has closed Rs 180 crore from Hero MotoCorp against a 26%-30% stake. The total size of the deal is Rs 205 crore, out of which the first tranche has been received. Prior to this round the firm had closed Rs 81 crore in investment till date from investors including Flipkart founders and Tiger Global.
Ather Energy was founded in 2013 by Tarun Mehta and Swapnil Jain. It is soon going to launch its first product S340. Read More
Healthtech Startup Idea Bubbles Raises Rs 4.5Cr
Bangalore-based healthcare startup Idea Bubbles has raised Rs 4.5 crore in investment from 1Crowd, Eureka Forbes Ltd, and Shapoorji Pallonji & Co. Ltd. It offers tele-consultation services, including with cloud solutions to store medical records.
It was founded in 2014 by Gururaj Potni, and claims to have nearly 12,000 patients and 600 doctors on its platform. Read More
Specialty Tea eCommerce Firm The Kettlery Raises $1M in Seed Round
Ahmedabad-based specialty tea eCommerce firm The Kettlery has raised $1 million in seed investment from shooter Abhinav Bindra’s fund Shooting Star Sports LLP and Franchise India Brands. The company operates in a hybrid commerce model, where it retails different varieties of tea and associated products. It was founded in April 2015 by Sandeep Kotecha. Read More
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