Investments, News

#Fundingwire – Pickrr Secures Pre-Series A; Box8 Bags Rs 50Cr in Series B & More

Shown Above: Team Pickrr

Shown Above: Team Pickrr

#Fundingwire is your quick dose of notable investment announcements in the Indian technology ecosystem. The firms which have recently secured investment include Pickrr, Box8, Foyr, ChatOnGo, WOTU, Healthians, Fisdom, Furlenco, Railyatri & Hipcask.

Logistics Startup Pickrr Secures Pre-Series A

New Delhi-based first mile logistics startup Pickrr has secured an undisclosed amount in Pre-Series A round of investment. The investment was made by Hong Kong-based VC firm Swastika and a few HNI investors. It had raised an undisclosed amount in seed round in November 2015.

It was founded by Rhitiman Majumder, Gaurav Mangla, Ankit Kaushik and Ronak Agrawal in August 2015. It claims to be fulfilling 6000 orders per day. Read More

Food Ordering Platform Box8 Raises Rs 50Cr in Series B

Mumbai-based food delivery platform, Box8, has secured Rs 50 crore in Series B round of investment. The round was led by IIFL Seed Ventures Fund and existing investor Mayfield Fund. It has operations in Mumbai, Pune and Bangalore.

It was founded in July 2012, by Amit Raj and Anshul Gupta as Poncho, but was later rebranded to Box8 in January 2014. It claims to be delivering 12,000 meals/day. Read More

Online Interior Designing Startup Foyr Raises Investment

Hyderabad-based online interior designing startup, Foyr (earlier knows as Renderlogy), has raised an undisclosed amount, property consultancy firm Jones Lang LaSalle (JLL) India. The realty tech startup leverages AR & VR technologies to provide interior design solutions.

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It was founded in March 2014 by Shailesh Goswami. It had raised $1 million in investment from Astarc Ventures in May 2015. Read More

Enterprise Communication Tool ChatOnGo Secures $300K

Mumbai-based enterprise communication tool startup, ChatOnGo, has secured $300,000 from a group of HNIs. The web tool and app, available for both Android & iOS, allows employees in a company to interact with all the 3rd party vendors through a common dashboard. It was founded in January 2016 by Sagar Nagda and Priyank Ranka. Read More

B2B Grocery Marketplace WOTU Raises Funds from Kae Capital

Bangalore-based B2B grocery marketplace, WOTU (We Organise The Unorganised), has secured an undisclosed amount of investment from Kae Capital. It offers a platform for Restaurants, Hotels etc. to procure products from farmers & manufacturers. It was founded in June 2015 by Dhruv Sawhney and Mihir Mehta. Read More

Path Labs Aggregator Healthians Raises Rs 20Cr from BeeNext

Gurgaon-based online pathology test laboratory aggregator, Healthians, has secured Rs 20 crore in a fresh round of investment from Japan-based BeeNext and Digital Garage.

The investment would be used for expanding to other metro cities in India. Healthians was founded by Deepak Sahni in 2014, and has raised about Rs 23 crore till date. Read More

Fintech Venture Fisdom Raises $1.1M from Saama Capital

Bangalore-based personal wealth management app startup Fisdom, has secured $1.1 million from Saama Capital. It had previously raised $500,000 in angel investment in January 2016.

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Fisdom offers automated investment advisory services to its users. It was founded in 2015 by Subramanya S.V., Ramganesh Iyer and Anand Dalmia. Read More

Furlenco Raises $30M in Series B Round

Bangalore-based online furniture rental marketplace, Furlenco, has secured a sum of $30 million in Series B round, involving debt + equity investment. It has raised $15 million of equity investment, led by Lightbox Ventures and Axis Capital. And $15 million in debt, from banks, NBFCs, individuals and family offices.

It was founded in 2012, by Ajith Karimpana. Read More

RailYatri Secures Fresh Investment from Existing Investors

Noida-based platform for information related to railways, RailYatri, has secured an undisclosed amount of investment from its existing investors — Nandan Nilekani, Helion Ventures, Omidyar Partners and Blume Ventures. It had closed Series A in April 2016. It was founded by Kapil Raizada, Sachin Saxena and Manish Rathi in 2011. Read More

Beverage Gifting Platform Hipcask Raises Funds from Mobikon

Mumbai-based online platform for alcohol and coffee discovery & gifting, Hipcask, has raised an undisclosed amount of investment led by Mobikon. The round saw participation from Rajesh Sawhney, Japan Vyas, Surojit Niyogi among others. It was founded in 2010, by Samir Khadepaun and Salil Khamkar. Read More


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