Articles for Investment

NephroPlus Raises Rs 100 Cr from SeaLink Capital Partners and International Finance Corporation

The new infusion of funds will be used to meet the growing need for kidney disease management services in the country and for the expansion of NephroPlus’ network. Over the next 5 years, NephroPlus aims to provide over 4 million treatments per year and create around 5,000 skilled health services jobs.

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Crownit Secures Funding from FreeCharge and FreshDesk Founders

Crownit is India’s leading O2O platform, connecting consumers with local merchants. Launched in July-2014, Crownit has seen widespread growth across four cities including Delhi, Mumbai and Bangalore.

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NearFox Raises Funds From Clutch of Investors, Sets Sights on New York

Founded by Kiran Patil and Pritesh Mittal, both IIT-Bombay graduates, in 2015, NearFox brings to users the best in the city in food, shopping, beauty, fashion, fitness, entertainment and local travel. It is currently operational in Delhi, Bangalore and Mumbai.

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CureFit Invests $3M in Cult - Plans to Expand to 200 Centres in 5 Years

CULT will continue to run as an independent company and will look to expand its reach to over 25 offline centres by end of 2017 and 200 centres in next 5 years. CureFit, founded by Mukesh Bansal & Ankit Nagori had earlier this year announced its Series A funding of $15 million. CureFit is expected to launch its service in Bangalore in early 2017.

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Consumer IoT Start-up Witworks Gets Investment from Fireside Ventures, Top Management of OLA, OYO

Witworks, in its earlier avatar, has successfully designed, manufactured, and launched a simple innovative solution for earphone entanglement called Rewind of which ~40,000 units has already been sold.

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Couponhaat.in Gears up to Raise $2M in Series A Funding

Within just one year of its operation, Couponhaat has emerged as the fresh face of the online coupons and deals industry. Couponhaat offers more than 300,000 coupons to redeem and 7000 live coupons, thousands of product pages and countless deals listed on the site.

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Zoomcar Raises $24M in Series B Investment Round

Zoomcar’s capital raise will be used primarily for accelerating its innovative marketplace model along with furthering its technological lead. The Zoomcar Associate Program (ZAP) launched earlier in 2016, thereby allowing individuals to purchase vehicles on behalf of Zoomcar, list the vehicle on a dynamic basis on its platform, and then finally share in the profit on a monthly basis.

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Innovative Ed-Tech Startup, ConveGenius Raises Rs 60M from Michael & Susan Dell Foundation

Founded in 2013 by Jairaj Bhattacharya and Shashank Pandey, alumni of IIIT Hyderabad, ConveGenius aims to improve learning outcomes of school-going children by making learning interactive, result-oriented and fun.

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