Our weekly column summarizes the tech financing highlights in India this week.
O2O logistics startup Truxapp raised USD 3.1 million for pre-Series A funding round this week. This funding attracted a group of Indian and United Arab Emirates investors. O2O continues to be the trend leader for Indian investments. The other O2O startups that received financing are the on-demand warehousing BoxMySpace and home milk and grocery delivery Doodhwala.
Logistics startup Truxapp raises USD 3.1 million for pre-Series A
Truxapp
Founders: Manmohan Agarwal, Dhruv Khandelwal, Sharad Pratap Singh and Naseer Ahmed
Founded in: 2015
Financing status: USD 3.1 million for pre-Series A round in 2017
Logistics startup Truxapp on Tuesday raised USD 3.1 million for pre-Series A.
Health-tech startup Click2Clinic raises USD 850K for seed round
Click2Clinic
Founders: Dr. Sujeeth R. Punnam and Dr. Murali Bharadwaj
Founded in: 2016
Financing status: USD 850,000 for Seed round in 2017
Health-tech startup Click2Clinic last Wednesday raised USD 850K for seed round to strengthen its product offerings and expand its services to new markets.
SaaS startup LimeTray closed undisclosed amount
LimeTray
Founders: Akhilesh Bali and Piyush Jain
Founded in: 2013
Financing status: Undisclosed amount of a new financing round in 2017
SaaS startup LimeTray last Friday closed undisclosed amount to further develop their product “Restaurant OS” and expand to international markets.
BoxMySpace raised undisclosed amount for Pre-Series A
BoxMySpace
Founders: Pratyush Jalan
Founded in: 2015
Financing status: Undisclosed amount for pre-Series A round in 2017
BoxMySpace last Friday raised undisclosed amount for pre-Series A to upgrade technology and optimize operations. The company will also strengthen the back-end infrastructure for building a network of warehouses and supporting logistics services across multiple cities.
Doodhwala raises undisclosed amount for pre-Series A round
Doodhwala
Founders: Ebrahim Akbari and Aakash Agarwal
Founded in: 2015
Financing status: Undisclosed amount for pre-Series A round in 2017
Doodhwala on Wednesday raised undisclosed amount for pre-Series A round to strengthen technology, expand market, and increase the team size.
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SHEROSE acquires Women Restart for undisclosed amount
SHEROSE
Founders: Sairee Chahal
Founded in: 2013
Financing status: USD 1.8 million for Series A round in 2016
Women-focused career platform SHEROES last Friday acquired Women Restart for undisclosed amount to boost its Bengaluru market.
(Top photo from Pixabay)
