Venture capital investments in India reached INR 15,600 crore (US$ 2363) till June 2015, surpassing the total INR 14,850 crore (US$ 2250) invested in entire 2014, setting the stage for another record year as interest in local technology startups peak.
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The Wedding Brigade has also recently introduced a services marketplace, which enables users to book venues, hair and make-up artists and mehendi artists online, or through its free expert concierge service.
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We raised $ 20 million from Askme in August 2015. We are looking to raise $100 million within the next six months. This money will help us expand our coverage area, hire more employees and test waters in countries like Malaysia and Kuwait.
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In 2015, the company secured $34 million in Series C round of funding led by Sequoia India and LightSpeed Venture Partners and earmarked nearly $10 million to acquire companies in the data science and mobile technology space.
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Wipro Ventures has so far invested in at least half a dozen early stage startups including big data startup Talena, artificial intelligence startup Vicarious and Pune-based Altizon, which has built a new-age Internet-of-Things powered platform.
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As part of this investment Trifacta will provide a data wrangling solution for the Infosys Information Platform (IIP) and Infosys’ other platforms and offerings.
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Founded in 2011 by Manish Rathi, Kapil Raizada and Sachin Saxena, RailYatri uses deep-analytics technology to make intelligent predictions that help travellers make decisions for their upcoming travel.
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With one tap on the MUrgency app, the nearest trained and validated nurse, doctor or EMT will come to your rescue. Launched in tri-city area (Chandigarh, Mohali, Panchkula) in Punjab, India in February this year, MUrgency has developed a responder network of 36 hospital emergency rooms, 40+ ambulances and 350+ medical professionals.
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Differentiating itself completely from other healthcare players in the segment who are only B2C focused, the company is redefining end-to-end solutions by catering to the needs of micro-pharmacies from both procurement and sales segments – a focus onto the B2B front.
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The idea of Laundrynow came through my own bad experiences with my unprofessional Laundromat who used to serve me with his delayed and unprofessional services. And then I felt that there is a strong need to fill the gap by offering comprehensive solutions at an affordable price and in a time bound manner.
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