Lokal, India’s hyperlocal content, community, and classified platform, announced it has raised INR 120 Cr in Series B funding from new investors Global Brain and Sony Innovation Fund, with participation from India Quotient and other existing investors. The company will use the fresh funds to grow in existing markets, launch new categories and product capabilities, further…
Ahmedabad-based startup, Brands.live, a platform that provides digital content for Indian businesses, has received $1M in funding led by IndiaQuotient. Indiabiz also participated in the funding round as angel investors. Brands.live was founded in 2019 by Bhavesh Korat and Bhavesh Patel. The startup plans to use this funding to scale up its operations and develop more features for…
DhiWise, a visual programming platform, announced a $2.5 million seed round by India Quotient and Dholakia Ventures. “DhiWise is building a solution that is desperately needed for developers to be more effective and help accelerate the pace of technological advancement. DhiWise is a niche, high impact, and next-gen solution. It is awe-inspiring to see global…
Pankhuri, a Bengaluru-based social community platform for women, announced it has raised $3.2 million in funding led by Surge, a rapid scale-up programme by Sequoia Capital India. India Quotient and Taurus Ventures also participated in the funding round. Founded in 2019 by Pankhuri Shrivastava, the platform provides users with information on topics, including beauty and personal care, through live and short videos, and…
NeoDove, a sales and marketing automation platform, announced it has raised $1.5 million in seed funding led by India Quotient, according to ET report. A clutch of angel investors including Vyapar founder Sumit Agarwal and WakeFit founder Ankit Garg also participated in the round. NeoDove, which helps small and medium businesses (SMBs) in sales and…
Saveo Healthtech Pvt. Ltd, which operates a business-to-business e-commerce marketplace for pharmacies, has raised $4 million in seed capital led by Matrix Partners India and RTP Global, the company said in a statement. Other participants in the round include Incubate Fund and existing investor India Quotient. A clutch of angel investors also took part in…
PagarBook, a staff management solutions provider, has raised $15 million (about Rs 110 crore) in funding led by Sequoia Capital. The funds from the Series A round, which also saw participation from India Quotient, will be used in further product development and to drive customer acquisition, a statement said. The company also plans to add…
Education-technology startup Yellow Class has raised $1.3 million in a pre-Series A funding round led by India Quotient, an early stage investor. India Quotient fund companies building disruptive businesses aimed at Indian consumers. Other participants that participated in the funding round are Snapdeal founders Kunal Bahl and Rohit Bansal, Indifi founder Alok Mittal, Oyo executives…
Cityflo, an app-based bus service that provides a commute experience for corporate professionals in Mumbai, has raised Rs 57 crore in Series A funding led by Lightbox Ventures. Existing investor India Quotient along with other angel investors also participated in the round. Earlier in 2019, India Quotient had invested Rs 3 crore into the startup…
Fleetx.io, a Gurugram-based intelligent operating system to optimise fleet and logistics operations, announced that it had raised $3.1 million in pre-Series B funding from existing investors, including Singapore-based Beenext and India Quotient, according to YourStory report. Founded in 2017 by Vineet Sharma, Abhay Jeet Gupta, Udbhav Rai, Parveen Kataria, and Vishal Misra, Fleetx is an…
Gurgaon-based intercity mobility startup Yolobus recently announced that it has raised $3.3mn in Series A funding round. The fundraiser was led by Nexus Venture Partners along with participation from early-stage VC firm India Quotient. As part of the recent investment, Suvir Sujan, Managing Director of Nexus Venture Partners and Anand Lunia, General Partner, India Quotient…
Lendingkart Technologies Private Limited, a fintech startup that develops technology tools based on big data analysis, announced that it has raised an equity round of little over Rs 319 crore in its Series D funding led by existing investors. Fullerton Financial Holdings Pte Ltd, Bertelsmann India Investments, Sistema Asia Fund and India Quotient participated in…