Investments, News

Fundingwire – Housing Raises Fresh $5M from Softbank & 10 More Funding Updates

Shown Above - Jason Kothari, CEO, Housing

Shown Above – Jason Kothari, CEO, Housing

Fundingwire is a quick dose of notable investment announcements for the Indian technology ecosystem. Firms which have recently raised funding include Housing, Vymo, Aye Finance, numberz, Bats on Delivery, Awesummly, NODD, Pictor, WorkIndia, VoLT and Datasigns.

Housing Raises Fresh $5M from Softbank

Mumbai-based real estate portal, has raised $5 million from its existing investor Softbank. The company’s last round was in January 2016, when it had raised $15 million from the Japanese firm.

It was founded in June 2012 by 12 IIT Bombay students, but most of the founders have exited since. Its present CEO Jason Kothari confirms that the firm has been receiving acquisition offers, but none have been materialised yet. Read More

Predictive Sales Analytics Firm Vymo Raises $5M

Bangalore-based sales enablement software maker, Vymo, has secured $5 million in Series A round of investment, from Sequoia India. The firm offers a predictive sales analytics solutions, that it claims is being used by over 25000 sales professionals at present.

Vymo was founded in May 2013 by Yamini Bhat and Venkat Malladi. Read More

MSME Lender Aye Finance Secures Rs 70 Cr in Series B

Delhi-based NBFC, Aye Finance, has secured Rs 70 crore in Series B round of investment. The round was led by LGT Impact Ventures and saw participation from existing investors SAIF Partners, and Accion. The firm had raised $1 million in seed funding in February 2015, and Rs 20 crore in series A round in December 2015.

It has built tools for assessing credit worthiness of borrowers, it intends to invest the raise amount to build more such technology. It was founded in February 2015 by Sanjay Sharma and Vikram Jetley. Read More

Fintech Startup numberz Secures $650K from Kae Capital & Khosla Impact

Gurgaon-based cash flow management software maker, numberz, has secured $650,000 in investment from Kae Capital & Khosla Impact. The firm offers invoice management and expense management solutions for small business owners. It was founded in July 2016 by Aditya Tulsian, Baskar Ganapathy and Rajeev Chari. Read More

Late-Night Food Delivery Firm ‘Bats on Delivery’ Secures Rs 60L

Gurgaon-based late night food delivery firm ‘Bats on Delivery’, has secured Rs 60 lakhs angel investment from Delhi-based businessman, Devdeep Singh. The firm works on a hybrid model i.e. taking orders both online & offline. It was founded in 2016 by Nitin Grewal and Leena Rahar. Read More

Personalised News Summary App Awesummly Secures $146K

Bangalore-based automated news summarisation app startup, Awesummly, has secured $146,000 in investment. The investors who participated in this angel round include Vivek Bhargava, CEO, iProspect and Ameera Shah, Managing Director, Metropolis Healthcare.

Awesummly was founded in July 2015 by Deepak Mishra, Ankit Dhawan and Nitin Mishra. Read More

Networking App NODD Raises Rs 1 Cr in Seed Round

Mumbai-based networking app NODD has raised Rs 1 crore in seed round of investment, from 11 angel investors. The app based networking platform was founded in March 2016 by Shubham Rai, Praleed Suvarna, Rohaan Haval and Arpit Bhajpai. Read More

Product Photography App Pictor Raises Rs 1 Cr from Quarizon

Mumbai-based product photography startup, Pictor Imaging, has secured Rs 1 crore from Quarizon Consultancy Services. Its app allows eCommerce retailers to easily capture product images to be uploaded on online stores for selling. It was founded in November 2015 by Neelesh Soni, Siddharth Chilukuri, Gaurav Raj and Akshay Sathaye. Read More

EdTech Startup VoLT Raises Seed Investment

Mumbai-based EdTech startup VoLT, has raised an undisclosed amount of investment in seed round from YMS Mobitech. VoLT (Vocabulary Learning Technique) is a product of Edutainment Spearheads, that aims at simplifying vocabulary training. It was founded in August 2016 by Abhishek Jain & Smita Mishra. Read More

Fintech Firm Datasigns Raises Angel Investment

Bangalore-based lending credit assessment platform, Datasigns has secured an undisclosed amount of angel investment. The round was led by Former JP Morgan MD, Sanjai Vohra and Goldman Sachs India MD, Bunty Bohra.

SHUBH Loans is a mobile app that’s operated by Datasigns, which helps borrowers generate individual credit score. It was founded in 2016 by Anand Barua and Monish Anand. Read More

Blue Collar Jobs Portal WorkIndia Secures Funds from Asuka Holdings

Mumbai-based recruitment portal for blue-collar jobs, WorkIndia, has secured an undisclosed amount of funds from Asuka Holdings. It was founded in July 2015 by Kunal Patil, Anjali Patil and Ajay Kumar, and claims to have 80,000 users onboard. Read More

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