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India Deals: Wooplr Gets an Undisclosed Amount of Funding from Astarc Ventures and 15 More Updates

Android utility app suite SooperMo, operated by Gurgaon-based SooperMo Appstudio Pte Ltd, has raised $100,000 (Rs 67 lakh) in seed funding from Dubai-based entrepreneur Lalit Vase.

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Photo Credit : ShutterStock,

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

1. Wooplr Technologies Pvt. Ltd, which runs an eponymous fashion discovery app for women, has received an undisclosed amount of funding from Astarc Ventures. Read More

2. Android utility app suite SooperMo, operated by Gurgaon-based SooperMo Appstudio Pte Ltd, has raised $100,000 (Rs 67 lakh) in seed funding from Dubai-based entrepreneur Lalit Vase. Read More

3. CreditMate, an online lender focused on the used two-wheeler market in India, has secured $500,000 (Rs 3.3 crore) in seed funding from early stage investment firm India Quotient. Read More

4. Online local business search service Just Dial’s chief technology officer RV Raman has left the company. Raman, who took over as CTO in January this year, resigned last week. Read More

5. Facebook-owned messaging app WhatsApp is rolling out its much awaited ‘video calling’ feature. The feature, in its beta version, is being tested by users who are members of Android’s beta programme. Read More

6. Online grocery store Satvacart has closed its third round of angel funding with the participation of serial entrepreneur and angel investor Nimit Panigrahi. Read More

7. Bangalore-based Minions Ventures Pvt. Ltd, which runs invoice discounting platform KredX, has raised $6.25 million (around Rs 42 crore) in its Series A round of funding led by marquee investment firm Sequoia India. Read More

8. Global IT services and solutions provider L&T Infotech (LTI) is all set to acquire Pune-based Augmentiq Data Sciences Pvt. Ltd, a startup offering IP-based, big data and analytics solutions that help enterprises derive business benefits from big data. Read More

9. San Francisco and Delhi based social media marketing startup Orange Twig has raised a Seed round of $1 Mn funding from an undisclosed Silicon Valley investor. Read More

10. Fintech company that provides lending solutions to international students pursuing higher education in the US, MPOWER Financing has received $6 Mn in a funding round led by PE fund Zephyr Peacock. Read More

11. Pune-based mobile-first savings discovery platform Scandid - Savings Ka Sahi Jugaad has acquired hyperlocal startup Snabar for an undisclosed deal amount. Read More

12. Sagoon Inc., a social network and e-commerce start-up with offices in Washington DC and Delhi, is set to tap US capital markets through its proposed mini-initial public offering to raise as much as $20 million. Read More

13. Flipkart chief financial officer Sanjay Baweja has quit the company, just under two years of joining India's largest e-commerce marketplace. Read More

14. Dr. Ralf Speth, CEO of JLR, and N. Chandrasekaran, CEO & MD of TCS, have been appointed as Additional Directors on the Tata Sons Board. Read More

15. Intelenet Global Services has set up a new facility in The Philippines and said it planned to double its head count in the country. Read More

16. Online entertainer and celebrity booking platform Jilmore has expanded its operations to the US and UK, an official said on Monday. Read More



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