Last Week's Deals

Deals raises $157k seed funding

Date posted: Monday 15 January 2018, an online marketplace for contract workers, has raised Rs.1 cr. ($157,300) in a seed round led by Kamalraj Chandrasekaran, founder and executive director of Kamalraj Hospitality Concepts India Pvt Ltd. Bengaluru-based will use the funds for product development, team expansion, and to execute marketing activities.

(DealStreet Asia)

Kuants raises Rs.50 lakh from angel investors

Date posted: Monday 15 January 2018

Kuants, an algorithmic trading platform, has raised Rs.50 lakh from angel investors, Pankaj Chopra and Ankush Gupta. Set up in October last year, Kuants plans to use the fresh funds to strengthen its technology backbone.

(Times of India)

Zerodha invests Rs.2.25 Cr in Streak

Date posted: Monday 15 January 2018

Discount brokerage firm Zerodha, through its in-house incubator and fund Rainmatter, has invested Rs.2.25 cr. in Streak – a first-of-its-kind platform where traders can create trading algorithms without coding. The funds raised are being used for product development as well as hiring.

(ET Tech)

Rivigo ends series-D funding drive with $50 million

Date posted: Monday 15 January 2018

Gurugram-based surface transport and logistics company Rivigo Services has closed a $50-million (about Rs.333 cr.) funding round, which has been led by two of its existing investors, marquee private equity firm Warburg Pincus and sector agnostic investment firm SAIF Partners.

(Economic Times)

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