The new funding round was led by venture capital firm Accel Partners. Consure had earlier received an undisclosed amount in an initial round of funding from Indian Angel Network, India Innovation Fund as well as India Venture Partners.
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The round saw participation by Sequoia Capital and Founders Fund Angel, each investing $1 million into the Bangalore-based venture.
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Roast is an entertainment mobile application that caters to a specific need of people who love to talk, converse and take stand on anything and everything.
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This is the third investment from its Aavishkaar Frontier Fund (AFF), a regional fund which invests in Sri Lanka, Bangladesh, Indonesia and Pakistan.
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Goalwise has raised $1 million from a bunch of high net-worth individuals (HNIs); Anand Mahindra, Chairman of Mahindra Group has invested into SheThePeople.TV; Nalanda Capital is about to raise $620 million for its new fund; TVS Automobiles Solutions Ltd has acquired a majority stake in Jazzmyride.com; Facebook on Tuesday acquired Edinburgh-based company Two Big Ears and Sachin Tendulkar Promoted Smaaash Entertainment is close to raising Rs 200 crore.
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TinyOwl has reportedly shut down its operations in 17 cities except some areas of Mumbai; Hoppingo has raised Rs 60 lakh from Gurgaon based vCommission; Eatonomist secured seed round and Flipkart’s Sharat Singh has quit within six months.
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With the funds raised from this current round, EduRev will also be introducing a new model that will help colleges in admitting new students.
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VEQTA brings a unique selection of sports action across Cricket, Football, MMA, Wrestling, Basketball, Motorsports, Tennis, Badminton, Olympic Sports etc. from the most authentic sources all over the world and the best analysis/opinions from world class experts.
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