India Deals: Healthtech Startup Tiyo Raises Seed Funding and 14 More Updates

Here is a list of deals that happened in India Startup Ecosystem including funding, merger, acquisition, product launch & appointment etc.

1. Delhi-based Internet media and news startup, ScoopWhoop Media has acquired Touchfone Technologies (owns a video streaming and ad targeting service, Strmeasy) for an undisclosed amount. Read More

2. Kolkata-based healthtech startup, Tiyo, run by Labsense Technology Services, has raised an undisclosed amount in its Seed round of funding led by Middle East-based existing investor, Ajith Nair, CEO IAdepto Global. Read More

3. Bengaluru-based brokerage-free real estate portal, NoBroker.com has raised $7 Mn, as an extension to its Series B funding. Read More

4. The startup ecosystem in Tamil Nadu is likely to get a boost as the Amma Venture Capital Fund, announced by former CM J Jayalalithaa, will soon become operational, said government sources. With a 200 crore commitment, Amma VC Fund will work along the same lines as the already launched 20-crore biotech incubation centre in Chennai. Read More

5. Business-to-consumer (B2C) marketplace for construction materials Buildzar.com, run by Gurgaon-based Glow Homes Technologies Pvt. Ltd, has decided to shut down as consumer traffic and revenues failed to pick up. Read More

6. Snapdeal-controlled digital payments platform FreeCharge has appointed Anand Sinha, co-founder and former chief executive of Sequoia Capital-backed travel entertainment startup Press Play TV, as director of partnerships and strategic initiatives. Read More

7. Online jewellery marketplace VivoCarat.com has raised $50,000 (Rs 33.8 lakh) in seed funding from a group of individual investors. Read More

8. Private equity (PE) firm Kedaara Capital Advisors Llp has agreed to invest Rs 430 crore in Hyderabad-based diagnostics chain Vijaya Diagnostic Centre Pvt. Ltd. Read More

9. Payworld India, which offers domestic money remittance services and mobile recharges, is in talks with a strategic investor to infuse funds and help the company grow its business. Read More

10. National Stock Exchange (NSE) to begin hunt for new CEO. Read More

11. Seed investor India Quotient is targeting a first close of $30 million (about Rs200 crore) for its latest fund by June. Read More

12. Ex-Chief information security officer - Narayan Neelakantan
at NSE launches blockchain powered Cybersecurity startup - Block Armour. Read More

13. Uber and Indonesia's second-biggest taxi operator PT Express Transindo Utama Tbk announced on Monday a partnership on ride-sharing and vehicle financing. Read More

14. BlackBerry to open an autonomous vehicle hub. Read More

15. Gurgaon-based bus aggregator Shuttl is expanding from its core service of providing commuting option to office goers to an intercity travel service. Called ‘Shuttl Rentals’, it will provide flexible packages to its commuters planning a weekend getaway outside the National Capital Territory. Read More

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