Investments, News

Fundingwire – Zarget Raises $6M in Series A Led By Sequoia India & More

Shown Above - Zarget Founders

Shown Above – Zarget Founders

Fundingwire is your quick dose of notable investments in the technology ecosystem. Firms which have recently secured investment include Zarget, DoSelect, TalentNext, Freshdesk, LetsMD, LaundryAnna and Connect India.

Zarget Raises $6M in Series A Led By Sequoia Capital India

Chennai & California-based MarTech firm, Zarget, has secured $6 million in Series A round of investment. The round was led by Sequoia India, and saw participation from investors Accel Partners and Matrix Partners. The company has made a conversion rate optimization software for websites. It was founded in 2015 by Arvind Parthiban, Naveen Venkat, and Santhosh Kumar. Read More

Tech Talent Recruitment Startup DoSelect Secures $490K in Seed Round

Bangalore-based recruitment portal, DoSelect, has raised $490,000 in seed round of investment. It’s a platform for companies to hire technology talent, and offers online tools to do so with ease. The investment was made by 3one4 Capital and Mumbai Angels. The firm was founded by Sanket Saurav, Rohit Tirkey and Iliyas Shirol in 2014. Read More

Entertainment Talent Discovery Platform TalentNext Raises $1M

Mumbai-based online platform for creative talent discovery & recruitment, TalentNext, has raised $1 million in investment from Karanpal Singh, managing director, KJS Cement and a few other angel investors. The firm acts like a bridge between entertainment professionals like actors, writers, singers, comedians etc. and the mainstream industry. It was founded by Shekhar Purohit, in July 2016. Read More

Freshdesk Raises $55M in Series F at $700M Valuation

Chennai-based cloud customer support software maker, Freshdesk, has secured $55 million in Series F round of investment. The round was led by Sequoia Capital India, and saw participation from existing investor Accel Partners. The company is now valued at $700 million, and has raised $150 million till date. It was founded by Girish Mathrubootham in 2010. Read More

HealthTech Startup LetsMD Secures Angel Investment

Delhi-based healthcare startup, LetsMD, has raised an undisclosed amount of investment, against a 25% stake. The investors who participated in this round include Calcutta Angels Network, LetsVenture, Anupam Mittal and Currae Healthtech Fund. The firm operates as a marketplace of hospitals and medical procedures. It was founded in December 2015 by Nivesh Khandelwal. Read More

Laundry Startup LaundryAnna Raises Rs 1Cr

Bangalore-based laundry startup, LaundryAnna, has raised Rs 1 crore in seed investment from a group of angel investors. The firm has its own supply chain and laundry units. It was founded by Prateek Rana in 2015. And claims to process over 3000 garments per day. Read More

Last Mile Logistics Firm Connect India Raises $1M

Bangalore-based last mile distribution firm, Connect India, has secured $1 million from from Aavishkaar Venture Management. It aims to connect all rural locations in India with urban supply chain through its logistics network. Read More


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