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…
Melorra announced that it has raised $12.50 million in funding from Symphony Asia, Lightbox Ventures and Alteria Capital. Existing investors and new family offices of Burman, Jeejeebhoy, others also participated in the funding round. The startup will use the funds for technological innovations, product innovations, and marketing to grow the brand awareness and position Melorra…