Augmented Virtual Reality Startup ShilpMIS Raised Angel Funding Through IvyCamp

Augmented Virtual Reality Startup ShilpMIS Raised Angel Funding Through IvyCamp

Surat-based Augmented Virtual Reality Startup, ShilpMIS Technologies running under Shilp Maitri Innovative Solutions LLP., has raised an undisclosed amount of angel funding through IvyCamp, an initiative of IvyCap Ventures Advisors Pvt. Ltd., from Digital Industry veteran Mr Puneet Gupta and Nimitt Desai, partner at Deloitte USA, and other HNIs. IvyCamp is India’s first unified technology […]

Sales Intelligence Startup - PipeCandy

Sales Intelligence Startup PipeCandy Raises US$1.1Mn Seed Funding

Sales Intelligence Startup, PipeCandy, has raised US $1.1 million in seed round from IDG Ventures India, Axilor Ventures, Emergent Ventures and Indian Angel Network. The raised capital by the PipeCandy will be deployed to expand the data science team as well as venture into other categories such as healthcare and commercial real estate. Sales Intelligence Startup […]

Ecommerce Solutions Provider Infibeam Incorporation Acquired DRC Systems

Ecommerce Solutions Provider Infibeam Incorporation Acquired DRC Systems

Ecommerce solutions provider, Infibeam Incorporation Ltd., acquired DRC Systems Pvt. Ltd. through its wholly-owned subsidiary NSI Infinium Global Pvt Ltd for an undisclosed financial amount. DRC Systems provides cloud enterprise ERP solutions and develops customised software for e-commerce applications. Infibeam has been engaging DRC Systems’ services to provide customised BuildaBazaar solutions to its merchants in […]

Invoice Discounting Platform - KredX

Invoice Discounting Platform KredX Acquired NewYork Based Startup Hummingbill

Invoice Discounting Platform, KredX, acquired New York headquartered Accounts Receivables Management software startup Hummingbill for an undisclosed sum. This acquisition will help KredX to enhance its technological capabilities on Accounts Receivables side along with the addition of the talent pool from Hummingbill. KredX also aims to enhance its customer experience, optimize invoice delivery, tracking, follow-ups […]

Online Lending Platform - CreditMantri

Online Lending Platform CreditMantri Secures US$7.6Mn In Series B Funding From Quona

Online Lending Platform, CreditMantri, has raised US $7.6 million (about INR 51.4 crore) in a second strategic round of Series B funding from Quona Capital and others. The funding round was led by Accion Frontier Inclusion Fund, managed by Quona Capital along with Newid Capital and existing investors Elevar Equity, IDG Partners and Accion Venture […]

Predictive Outbound Hiring Platform - Belong

Predictive Outbound Hiring Platform Belong Raises US$10Mn Series B Funding Led by Sequoia Capital India

World’s first predictive outbound hiring platform, Belong, announced that it has raised US $10 million in Series B funding led by Sequoia Capital India, with participation from existing investor Matrix Partners India. The raised capital will be used to accelerate product development, expand sales and support operations, and hire new talent across engineering, data science, […]

Cloud Enabled Mobile Parking Technology Startup - Get My Parking

Cloud Enabled Mobile Parking Technology Startup Get My Parking Secured US$1.1Mn From IAN & Others

Delhi-based Cloud enabled mobile parking technology startup, Get My Parking running under Agile Parking Solutions Pvt. Ltd., has secured Pre-Series A funding of US $1.1 Million (about INR 7.35 Crore) led by Indian Angel Network (IAN), The Chennai Angels (TCA), BEENEXT and Sunil Munjal (Hero group). Earlier in January 2015, the startup has raised US $376,000 (INR […]

Queue Management Startup - Sminq

Queue Management Startup Sminq Acquired Software Service Provider CodePandora

Queue management startup, Sminq running under Sminq India Solutions Pvt. Ltd., acquired Codepandora, a UX-focused software service provider, in a cash-and-equity deal. After this acquisition, CodePandora founder Bjorn Mascarenhas will be heading the UX efforts at Sminq and he will be assisting the startup to realize a broader global vision. Queue management startup Sminq was founded in […]

eCommerce Major - Snapdeal

eCommerce Major Snapdeal All Set To Fire 30% Of Its WorkForce In Next 2 Months

eCommerce Major Snapdeal aims to trim about 30% of its workforce over the next two months, according to Gurgaon-based company reported to Economic Times. The report quoted four people aware of the downsizing plan as saying that around 1,000 staff members directly employed by the company will be let off apart from nearly 8,000 contract […]

Fashion Discovery Platform - Wooplr

Fashion Discovery Platform Wooplr Raised US$8Mn Series B Funding Led By Sistema Asia Fund

Fashion discovery platform for women, Wooplr Technologies Pvt. Ltd., has raised US $8 million in a series B round of funding led by Sistema Asia Fund. Amereus Group and existing investor Helion Ventures also participated in the round. The raised capital will be used for for product development and technology enhancement by the company. Wooplr also […]