Tech Financing in India this week – Big data draws dough

Our weekly column summarizes the tech financing highlights in India this week.

Big data leads in this week’s Indian tech market. Internet services and retail analytics startup I2e1 raised the largest amount of investment with USD 3 million, followed by customer engagement platform EasyRewardz, which secured USD 2 million. Others like SaaS platform Nopaperforms, B2B travel management startup Itilite, and AR edtech startup Play Shifu also raised funding this week.

Big data and retail analytics startup I2e1 secures USD 3 M for Series A

I2e1

Founders: Satyam Darmora, Nishit Aggarwal, Gaurav Bansal, Maanas Dwivedi, Ashutosh Mishra, and Anugrah Adams

Founded in: 2015

Financing status: USD 3 million for Series A round in 2017

Internet services and retail analytics startup I2e1 on Wednesday secured USD 3 M for Series A to scale up the existing operations and launch a mobile application.

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Photo from 699pic

Customer engagement platform EasyRewardz secures USD 2 M for Series A

EasyRewardz

Founders: Angad Singh, Sapan Kadakia, Soumya Chatterjee and Tejas Kadakia

Founded in: 2011

Financing status: USD 2 million for Series A round in 2017

Customer engagement platform EasyRewardz on Tuesday secured USD 2 M for Series A to expand its business in local and international markets, as well as broaden and accelerate product development.

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Photo from Play Shifu website

AR edtech startup Play Shifu raises undisclosed funding for pre-Series A

Play Shifu

Founders: Vivek Goyal, Dinesh Advani

Founded in: 2016

Financing status: Undisclosed amount for pre-Series A round in 2017

AR edtech startup Play Shifu last Thursday raised undisclosed funding for pre-Series A to expand globally, develop its technology, and strengthen its design team.

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Photo from 699pic website

SaaS platform Nopaperforms raises USD 872K

Nopaperforms

Founder: Naveen Goyal

Founded in: 2008 (incorporated in February 2017)

Financing status: USD 872,000 for undisclosed round in 2017

SaaS platform Nopaperforms last Thursday raised USD 872,000.

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Photo from Pixabay

B2B travel management startup Itilite raises undisclosed funding

Itilite

Founders: Mayank Kukreja, Anish Khadiya

Founded in: 2017

Financing status: Undisclosed amount for undisclosed round in 2017
B2B travel management startup Itilite last Thursday raised undisclosed funding to strengthen its technology and expand its team.

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(Top photo from 699pic.com)

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AllTechAsia Staff

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