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India Deals: DoSelect Raises Rs 3.2 Cr in Seed Round and 13 More Updates

Healthy-dining restaurant chain Sattviko has raised an undisclosed amount of angel investment from a clutch of investors led by Raman Roy, founder of Quattro Global Services.

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Here is a list of deals that happened in India Startup Ecosystem today including funding, merger, acquisition, product launch & appointment etc.

1. 1. Human resources technology startup DoSelect has raised $490,000 (Rs 3.2 crore) in its seed round of funding from T.V. Mohandas Pai’s family fund 3one4 Capital and Mumbai Angels. Read More

2. Connect India, which claims to be building a last-mile network of distribution points for e-commerce firms across the country, has raised fresh funding from one of its existing investors, Aavishkaar Venture Management. Read More

3. Healthy-dining restaurant chain Sattviko has raised an undisclosed amount of angel investment from a clutch of investors led by Raman Roy, founder of Quatrro Global Services. Read More

4. Amit Garg, the executive director, digital, of HT Media Ltd, stepped down from his position on Wednesday to pursue other opportunities. Read More

5. Delhi-based health-tech startup Letsmd.com has secured an undisclosed amount of angel funding from Calcutta Angels Network (CAN). Read More

6. One97 Communications Ltd, which runs mobile wallet and e-commerce platform Paytm, has hired executive Deepak Abbot from Times Internet Ltd as senior vice president of product growth. Read More

7. New Delhi-based Corseco Technologies Pvt. Ltd, the company which runs and operates Corseco, which provides AI-based Software as a Service (SaaS) solutions to other businesses has raised $150,000 (Rs 1 crore) in funding from Ameera Shah, managing director and CEO, Metropolis Healthcare Limited, and Vivek Bhargava, CEO, iProspect India for an 8% equity stake. Read More

8. Hyderabad state government-backed startup incubator T-Hub Hyderabad has launched an ‘AgriTech Accelerator Program’ in partnership with ICRISAT (International Crops Research Institute for the Semi-Arid-Tropics). Read More

9. Bengaluru-based doorstep laundry startup LaundryAnna has secured $150K (INR 1 Cr) in Seed funding from angel investors. Read More

10. BookMyTime, car purchase and service platform has acqui-hired car management startup ServicemyKar.com. Read More

11. Twitter Inc.’s India head, Rishi Jaitly, announced that he is leaving the company after four years in a series of tweets earlier on Monday. Read More

12. Dabur India Ltd on Tuesday said it will acquire the personal care, hair care and creams businesses of South Africa-based CTL Group of Companies for 18.8 million South African rand (around $1.5 million). Read More

13. Freshdesk, the cloud-based customer support platform, has raised $55 million in Series F round led by venture capital firm Sequoia Capital. Read More

14. Lazada Group, a southeast Asian e-commerce company backed by Alibaba Group Holding Ltd, agreed to buy Singapore-based online grocer RedMart. Read More



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