India investment Roundup: MobiKwik, GetMyParking, and greater

India investment Roundup: MobiKwik, GetMyParking, and greater

India Funding Roundup: MobiKwik, GetMyParking, and More‘Our modern-day funding roundup compiles investments in Indian startups targeted on healthcare, mobilewallets, EdTech, car servicing, AI, financial making plans offerings, in addition to motive force on call forand parking apps.

cell wallet company MobiKwik Tuesday stated it has raised $50 million (about Rs. 330 crores) in funding, led via japanese bills company Gateway and Taiwanese chip maker MediaTek. Its current tradersinclusive of Sequoia Capital and Treeline Asia additionally participated inside the present day sphericalof investment. Mobikwik said that it has 30 million customers in the usa and a community of 75,000retailers.

aggressive exam getting to know app Prepathon has raised an undisclosed amount in its pre-series Aspherical from Blume ventures, an early stage investment company. The price range will be used to feature some other 50 publications to the Prepathon stable, which currently has publications in banking,government, control, and engineering tests. launched in August 2015 by way of PaGaLGuY, anschooling and take a look at guidance community, Prepathon has a proprietary characteristic calledtrain‘ on its app for Android that gives interactive mastering periods., Affordplan, Indie
Kstart, a startup accelerator run by task capital firm Kalaari Capital has invested $500,000 each in 3 startups –, which presents an AI for financial offerings; Affordplan, which offers financial planningservices for medical remedy; and web video streaming platform Indee. Kstart will reportedly make seed investments in six to nine other startups this 12 months, stated Vani Kola, co-founders and managingdirector of Kalaari.

automobile servicing app Motomojo has raised an undisclosed amount in angel funding from the founders of startup enabler VentesAvenues. The Mumbai-based startup currently offers an Android app to e bookautomobile services for two and four wheelers, locate assist in emergency conditions like a flat tyre orautomobile breakdown, and pickup and drop service in select areas.

Delhi-primarily based Agile Parking solutions, creators of GetMyParking, an app that offers actual time parking facts close to your vacation spot has reportedly raised Rs. 2.five crores from Chennai Angels. The app is currently operational in Delhi NCR, with plans to launch quickly in different Indian towns.

Mumbai-primarily based driver on demand carrier Zuver has raised Rs. 1.2 crore in angel investment from Shruth & Smith institution of Bangalore and Pune’s Hermes group. The startup will reportedly use thefinances to extend its operations and ramp up the technology infrastructure.

ThingsMeet answers, which owns quickly-to-release healthcare app Prescribez, has reportedly raised an undisclosed amount in seed funding. The app is slated to release in Pune this month, and could permitusers to e-book appointments through the app.

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Tags:, Affordplan, Apps, funding, GetMyParking, India, Indie, internet, investment, Mobikwik, MotoMojo, Prepathon, Prescribez, Startups, Zuver