Deals RoundUp: Fitastik, i2ifunding, B-Capital, Russian Venture Capital, Coolpad and Tata CLiQ

Medical Records Storage Startup Fitastik in Talks to Raise Pre-series A Funding

Gurgaon-based One Eighty Aamoksh Technologies Pvt. Ltd. backed Fitastik, a cloud-based healthcare technology platform that provides medical record keeping services to users on their smartphones, is close to raise its pre-Series A round. The round will be led by a couple of venture capital firms. The raised funding will be mainly used for upgrade its application and for marketing campaigns.

Online P2P Lending Platform i2ifunding Gets Rs 2 Cr from a Group of Angel Investors

Online peer-to-peer (P2P) lending marketplace i2ifunding has raised Rs 2 crore in angel funding from a group of angel investors. The investor names are still undisclosed but two angel investors are from Mumbai and one Indian investor based in Japan.

The funds will be used for towards technology expansion and also towards increasing its presence geographically.

Facebook Co-founder Eduardo Saverin Starts B-Capital, Raises $140M for Deals in Asia

The Facebook co-founder Eduardo Saverin has started B Capital, closed an initial $143.6 million, to make investment in Asian startups. The fund’s main headquarters is in Singapore and has offices in San Francisco and Los Angeles. It has already invested in logistics firm Ninja Van, which recently closed a $30 million round, and digital health startup Evidation Health.

Russian Federation-backed Russian Venture Capital Scouts for Tieups to Enter India

To enter and make a mark in Asia's third-largest economy, Russian Federation-backed Russian Venture Capital (RVC) is scouting for Indian ventures to partner its portfolio companies. RVC which manages assets of about $500 million across 22 funds, is keen on joint ventures with Indian entities across sectors, particularly in education, biotechnology, renewable energy and the broader healthcare space.

Coolpad to Set Up R&D Centre in Bengaluru By the End of the Year

Chinese handset maker Coolpad is planning to set up its R&D unit in Bengaluru by the end of the year to add localised features to meet demands of the Indian consumers.

The company has partnered Videocon to assemble its handsets in India and aims to sell about 4 million smartphones this year. The company has launched its new handset - Coolpad Max - priced at Rs 24,999 which will be sold through Amazon in India.

Tata CLiQ Partners with Genesis Luxury; to Bring International Brands for Online Portal

Tata CLiQ , the eCommerce platform from the Tata Group, which will open to consumers on May 27, has announced an exclusive partnership with Genesis Luxury Fashion, to sell international luxury brands exclusively through the portal.

"Our partnership with Genesis Luxury will give us the opportunity to offer exclusive and first-hand luxury experience to online consumers," said Ashutosh Pandey, chief executive of Tata CLiQ.

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