Photo credit: Santabanta.
Even as investors turn increasingly tight-fisted, deals are still happening. After a hiatus for the festival week, when deals were few, we’re back with our daily funding roundup.
YuppTV
YuppTV is a Netflix for Indian movies and TV shows aimed at the Indian diaspora around the world. The startup based in the US and India raised US$50 million in a series B round led by Emerald Media. YuppTV is also becoming popular in India.
Capillary
Capillary Technologies, a success story in Indian SaaS with its user analytics and customer engagement products, has acquired Sellerworx, which helps vendors use multiple online marketplaces. Sellerworx hopes to improve its O2O (online to offline) services and customer support with the help of Capillary, says a statement from Sellerworx.
Sibia Analytics
Kolkata-based marketing analytics startup Sibia Analytics has raised an undisclosed amount of seed funding from a group of investors. The startup was founded in 2013 by Angshuman Bhattacharjee and was one of the first to be incubated in the Nasscom Warehouse which opened a branch last year in the upcoming tech hub of Kolkata.
GoZefo
GoZefo, a marketplace for used furniture and appliances, as well as slightly faulty products, has raised fresh funding of US$1 million from Helion Ventures. Singapore-based Beenext also participated in the round. The startup was founded last year by four IIT grads.
FlexiLoans
Digital lending platform FlexiLoans has raised US$15 million from a group of high-level finance professionals, including Sanjay Nayar, CEO of KKR India, Vikram Sud, former head of ops at Citibank, and Narayan Seshadri, former head of KPMG’s advisory business. Nayar, Sud, and Seshadri have formed a non-banking finance company Epimoney which has taken a stake in FlexiLoans.
Sheroes
Sheroes, an online career platform for women, has acquired Gharkamai, a portal helping professional women find home-based work. This follows the acquisition of online counselling portal LoveDoctor, as Sheroes seeks to expand its repertoire following a US$2 million funding round earlier this year.
Muhurtmaza
Puja (prayer ritual) booking site Muhurtmaza has raised an undisclosed amount of funding from a US-based investor. The portal lets users call pundits (priests) for over 100 types ofpujas in the varied religious scenario of India. This is the religious festival season, with Dussehra just concluded and Deepavali coming up.
