Our weekly column summarizes the tech financing highlights in India this week.
AI-driven healthcare startup Touchkin attracts millions of US dollars for seed funding round this week even while O2O continues to drive financing trends in the Indian investment arena. There were two more O2O startups that closed their financing rounds, a budget-hotel marketplace, FabHotels, and a fitness aggregator, Gympik.
AI-based healthcare startup Touchkin closes USD 1.3M for seed round
Touchkin
Founders: Jyotsana Aggarwal, Ramakant Vempati
Founded in: 2015
Financing status: USD 1.3 million for Seed round in 2017
AI-based healthcare startup Touchkin on Wednesday closes USD 1.3 million to enhance its AI chatbot Wysa.
Online budget hotel marketplace FabHotels raises USD 25M for Series B
FabHotels
Founders: Vaibhav Aggarwal, Adarsh Manpuria
Founded in: 2014
Financing status: USD 25 million for Series B round in 2017
Online budget hotel marketplace FabHotels last week raised USD 25M for Series B to double the number of hotel rooms and strengthen its marketing.
Data & cloud service provider Pi Datacenters raises USD 90M for Series B
Pi Datacenters
Founder: Kalyan Muppaneni
Founded in: 2014
Financing status: USD 90 million for Series B round in 2017
Data & cloud service provider Pi Datacenters on Tuesday raised USD 90M for Series B to support the second phase of the new Pi Amaravati facility, and plan to build new data centers in Kochi and Naya Raipur.
Online fitness marketplace Gympik raises undisclosed funds
Gympik
Founders: Amaresh Ojha, Karan Malik
Founded in: 2012
Financing status: Undisclosed amount for undisclosed round in 2017
Online fitness marketplace Gympik last Friday raised undisclosed funds for expansion to more cities and to develop its technology team.
O2O beauty service marketplace BigStylist raises USD 1.2 M
BigStylist
Founders: Richa Singh, Chinmaya Sharma, and Anurag Srivastava.
Founded in: 2015
Financing status: USD 1.2 million for undisclosed round in 2017
O2O beauty service marketplace BigStylist last Thursday raised USD 1.2 M to set up shop in Delhi NCR.