16 startups got funded this week. Though maximum number of startups have left the amount of funding undisclosed, but based on the startups that disclosed their funding amounts, this week, startups raised over $10 Mn in funding altogether.
InstaSafe: A cloud based security solutions provider startup, InstaSafe, raised an undisclosed amount of funding led by Vishal Khare and Alok Agarwal on behalf of IAN. The round also saw participation from CIO Angel Network. The startup plans to use the funds in expansion of sales & marketing efforts, product development and also for hiring talents.
Food Talk India: Digital food community, Food Talk India, raised seed investment of $500K from a private investor. The raised funds will be used to launch its new product, ‘Food Talk Plus’, which is a hyperlocal dish discovery mobile app.
RevX: Komli Media has spun out its integrated cross-channel CRM platform, RevX, as a new company focusing on mobile app re-engagement opportunities globally. The new enterprise secured $4 Mn (INR 26.4 Cr) in funding from Komli’s existing investors Norwest, Nexus, Helion, DFJ and Peepul Capital.
Eazy Coach: A personal mentoring platform for students to pick right college, Eazy Coach, raised an undisclosed amount of angel funding led by angel investor & businessman Ravi Agarwal. The company plans to expand through tie-up with colleges in the UK, Singapore and Australia in coming months.
Belita: On-demand home beauty services brand, Belita, raised about $377K (INR 2.5 Cr) in an angel round of funding led by India Quotient, Supreet Singh and other investors from LetsVenture, with Lead Angels also participating in the round. The funding would be utilized in expanding to various locations in different cities.