Funding News
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Franchise India Bureau Apr 03 2018 - 1 min readPaytm Mall, the e-commerce arm of Paytm has secured close to Rs 2,900 crore from SoftBank Investment Holdings and Alibaba.com Singapore e-commerce in a deal that valued at US $2 billion. According to a regulatory filing by Paytm e-commerce, an aggregate amount of US $400 million (about Rs 2,600 crore) has ...
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Franchise India Bureau Sep 29 2017 - 2 min readFounded in 2014, PurpleHealth.com, a 360-degree health and wellness platform has successfully bagged $100,000 from disruptive tech investor- Katabole Technology Venture.The startup delivers a diverse spectrum of solutions, services and products to consumers, corporates, healthcare providers and institutions.Talking about the same, Balaji Jagannathan, Founder and CEO, Katabole said, “What really excited us about PurpleHealth was ...
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Franchise India Bureau Sep 29 2017 - 2 min readDelhi-based home care and wellness service provider MyCareLine.in has raised close to Rs3.5 crore ($526,000) from two female high-net-worth individuals (HNIs) based out of Singapore and India.One of them, a startup specialist, has invested more than $500,000 in the firm for a minority stake, MyCareLine founder and CEO Anuradha Khairnar said without disclosing the names ...
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Franchise India Bureau Sep 29 2017 - 3 min readBengaluru and Coimbatore-based Orane Healthcare India Pvt Ltd that operates online doctor consultation platform iCliniq raised an undisclosed amount in angel funding from Erode-based laparoscopic surgeon Madhan Kumar Madathupalayam.As part of the transaction, Madathupalayam, who was earlier, associated with the venture in a consulting capacity, will join the board of iCliniq.The funds will be used ...
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Franchise India Bureau Sep 29 2017 - 2 min readChennai-based start-up Syona Cosmetics Pvt Ltd, providing professional beauty products and training to leading salons and spas across Southern region of India, has raised Rs1 Crore in the second tranche of Angel Funding from The Chennai Angels.The company has tie-ups with international laboratories in Europe for developing world class products that are a combination of ...