Our weekly column summarizes the tech financing highlights in India this week.
O2O leads in this week’s Indian tech market again. Online sports and fitness discovery portal Sportobuddy raised the largest amount of investment with USD 1.5 million. Online marketplace Homergize with construction and interior designing secured USD 1 million. And Online scooter rental startup Vogo raised undisclosed seed funding. Other areas like India and Africa-focused smart recruitment platform Shortlist, co-working space 91springboard, and fintech startup CrediFiable also secured funding this week.
Online sports discovery platform Sportobuddy raises USD 1.5 M for seed round
Sportobuddy
Founders: Sandeep Madhavan and Sunil Kukadia
Founded in: 2015
Financing status: USD 1.5 million for undisclosed round in 2017
Online sports discovery platform Sportobuddy on Monday raised USD 1.5 M for seed round to accelerate the brand’s digital initiative and reach out to a broad base of new users.
Construction & interior designing online marketplace Homergize secures USD 1 M for Pre-Series A
Homergize
Founder: Vinod R Kaushik
Founded in: 2016
Financing status: USD 1 million for pre-Series A round in 2017
Construction & interior designing online marketplace Homergize last Thursday secured USD 1 million for pre-Series A to enhance its technological, fuel expansion and make new service revenue opportunities.
Scooter rental startup Vogo raises undisclosed amount for seed round
Vogo Rentals
Founder: Anand Ayyadurai, Padmanabhan Balakrishnan and Sanchit Mittal
Founded in: 2016
Financing status: Undisclosed amount for seed round in 2017
Scooter rental startup Vogo on Tuesday raised undisclosed amount for seed round to build an automated technology platform, increase tech team, and accelerate marking growth.
Co-working space startup 91springboard raises undisclosed amount
91springboard
Founder: Anand Vemuri, Deepak Sharma, Pranay Gupta, Susan Lim, Varun Chawla
Founded in: 2012
Financing status: Undisclosed amount for undisclosed round in 2017
Co-working space startup 91springboard last Wednesday raised undisclosed amount to expand in existing and new markets.
Employment tech startup Shortlist raises USD 1 M for seed round
Shortlist
Founder: Simon Desjardins, Paul Breloff and Matt Schnuck
Founded in: 2016
Financing status: USD 1 million for seed round in 2017
Employment tech startup Shortlist last Tuesday raised USD 1 million to enhance its data-driven talent screening product.
Fintech startup CrediFiable raises undisclosed amount for seed round
CrediFiable
Founder: Presha Paragash
Founded in: 2016
Financing status: Undisclosed amount for seed round in 2017
Fintech startup CrediFiable on Tuesday raised undisclosed amount for seed round.
(Top photo from Pixabay)
