The funds will be utilised by the company to expand its production capacity and further its distribution outreach into neighbouring districts in Jharkhand and Bihar.
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Noon.com is a one billion dollar project and will be launching next year, first in the Middle East then across the world.
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TapChief, a platform to seek advice from industry experts for students and startups was founded in early 2016 by BITS Pilani alumni Shashank Murali, Binay Krishna & Arjun Krishna.
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The investment round also saw participation from existing investors including Germany based Barkawi Holdings GmbH, TM Service Technology Holdings Gmbh and Sreevathsa Prabhakar, Founder of Servify.
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Hubilo, founded in 2015 was incubated at iCreate with a Seed Fund of INR 15 lakh and had received a Scale up Grant of INR 8.9 lakh from the Government of Gujarat.
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Froyofit is a fitness app available on android and iOS platforms and caters mainly to the tier-2 market of fitness enthusiasts.
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This acquisition has swelled its client base to 200 with the addition of new customers like Dabur, SC Johnson, Perfetti Van Melle and Patanjali. The move will propel its turnover toward the Rs. 800 crore-mark.
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Founded in 2015, BetterPlace has created India’s first web service that addresses the ‘trust deficit’ in any form of alliance or interaction between individuals and entities.
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