MobiKwik, GetMyParking, and extra

MobiKwik, GetMyParking, and extra

India Funding Roundup: MobiKwik, GetMyParking, and More

Our ultra-modern investment roundup compiles investments in Indian startups centered on healthcare, cellwallets, EdTech, vehicle servicing, AI, economic making plans services, in addition to motive force oncall for and parking apps.

cellular pockets provider MobiKwik Tuesday said it has raised $50 million (approximately Rs. 330 crores) in investment, led via eastern bills firm Gateway and Taiwanese chip maker MediaTek. Its current traderswhich include Sequoia Capital and Treeline Asia also participated inside the contemporary round offunding. Mobikwik stated that it has 30 million customers in the united states and a network of seventy five,000 retailers.

competitive exam getting to know app Prepathon has raised an undisclosed quantity in its pre-series Around from Blume ventures, an early degree investment company. The budget can be used to addanother 50 guides to the Prepathon stable, which currently has publications in banking, authorities,control, and engineering assessments. launched in August 2015 via PaGaLGuY, an education and take a look at practise network, Prepathon has a proprietary function known ascoach‘ on its app for Androidthat gives interactive getting to know classes., Affordplan, Indie
Kstart, a startup accelerator run by using project capital company Kalaari Capital has invested $500,000every in three startups –, which presents an AI for financial services; Affordplan, which givesmonetary making plans services for clinical treatment; and net video streaming platform Indee. Kstart will reportedly make seed investments in six to 9 different startups this year, said Vani Kola, co-founders anddealing with director of Kalaari.

vehicle servicing app Motomojo has raised an undisclosed amount in angel investment from the founders of startup enabler VentesAvenues. The Mumbai-based totally startup currently presents an Android app toebook vehicle offerings for two and four wheelers, discover help in emergency situations like a flat tyre or car breakdown, and pickup and drop service in choose areas.

Delhi-based totally Agile Parking answers, creators of GetMyParking, an app that gives actual time parkingfacts close to your vacation spot has reportedly raised Rs. 2.five crores from Chennai Angels. The app iscurrently operational in Delhi NCR, with plans to launch quickly in different Indian towns.

Mumbai-based totally driving force on call for service Zuver has raised Rs. 1.2 crore in angel fundingfrom Shruth & Smith group of Bangalore and Pune’s Hermes group. The startup will reportedly use the fundsto expand its operations and ramp up the technology infrastructure.

ThingsMeet answers, which owns soon-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 will allow usersto e-book appointments through the app.

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