Fundingwire is your dose of notable investment announcements in the Indian technology ecosystem. Firms which have recently funding include OfBusiness, Indifi, FitMeIn, Comet, Doctor Insta, Urban Piper and Wooplr.
B2B eCommerce firm OfBusiness Secures Rs 75 Cr
Gurgaon-based B2B commerce platform for SMEs, OfBusiness, has secured Rs 75 crore in an investment round led by Zodius Technology Opportunities Fund with participation from existing investor Matrix Partners India. This brings the total amount raised by the firm till date to Rs 110 crore.
OfBusiness was founded in August 2015 by Asish Mohapatra, Bhuvan Gupta and Ruchi Kalra. Read More
Online Lending Platform Indifi Raises $10M in Series B
Gurgaon-based financing for SMBs, Indifi, has raised $10 million in a Series B round led by Omidyar Network, with participation from existing investors Accel Partners and Elevar Equity. It had previously raised an undisclosed amount in October 2015, at the time of its inception. It was founded by ex-Canaan venture capitalist, Alok Mittal. Read More
Fitness Centres Locator FitMeIn Raises Pre-Series A
Delhi-based fitness centres discovery platform, FitMeIn, has secured an undisclosed amount of Pre-Series A investment led by Japan-based healthtech firm FiNC, with participation from existing investor GHV accelerator. The firm had earlier secured $100,000 in seed funding from GHV in September 2015.
It was founded by Nidhisha Varshney, Lalit Singh and Vishesh Goel in June 2015. Read More
Freight Services Marketplace Comet Raises Seed Funding
Mumbai-based freight services marketplace, Comet, has raised an undisclosed amount in seed round of investment. The funding was led by India Quotient, and saw participation from a group of investors, including Rajul Garg, Founders of BlackBuck, Nobel House, Sunstone Capital and Alok Mittal.
It offers an end to end platform for international B2B freight service providers. It was founded in June 2016 by Chitransh Sahai, Gautam Prem Jain, Ayush Lodhi, and Mehul Katiyar. Read More
Telemedicine Startup Doctor Insta Raises $2.5M
Gurgaon-based telemedicine startup, Doctor Insta, has secured $2.5 million in investment led by RoundGlass Partners, with participation from existing investor BrahmaX Ventures. It had previously raised $500,000 in Pre-Series A in December 2015. It was founded in 2015 by Amit Munjal. Read More
eCommerce SaaS Platform UrbanPiper Secures Angel Investment
Bangalore-based eCommerce platform provider for hyper local businesses, UrbanPiper, has raised an undisclosed amount of angel investment from Axilor, and a group of angels. It was founded in 2015 by Saurabh Gupta and Anirban Majumdar. Read More
Wooplr Raises Funds from Anand Chandrasekaran & Astarc Ventures
Bangalore-based fashion discovery app firm, Wooplr, has secured an undisclosed amount of investment from angel investor Anand Chandrasekaran and Astarc Ventures. It had previously raised $5 million in February 2015 led by Helion Venture Partners. It was founded in 2013 by Arjun Zacharia, Praveen Rajaretnam, Soumen Sarkar and Ankit Sabharwal. Read More