This week 22 startups raised about $30 Mn in funding altogether. (The funding amount is based on the startups that disclosed their funding amounts).
Startups That Raised Funds This Week
FindUrClass: An extracurricular activity and hobby class curation startup, FindURClass, raised an undisclosed amount of funding from a set of angel investors associated with VentureNursery. The startup will use the funds to scale up and expand to more Tier 1 cities apart from Pune and Bangalore.
Truebil: Peer-to-peer car sales startup, Truebil, raised about $5 Mn (INR 35 Cr.) in series A round of funding from Kalaari Capital, Inventus Capital and Tekton Ventures. Existing investor Kae Capital also participated in this round. The startup will use the newly raised capital to scale up its operations and for expanding to four cities including Bangalore and Delhi.
Qriyo: A startup that aims to provide avenues for a fitter & active lifestyle, Qriyo Infolabs, raised $160K in its seed round of funding from Idein Ventures. The startup is currently active in Jodhpur and is now looking for expansion to Mumbai and Bangalore.
Wizn: Home-automation startup, WiZN Systems, raised an undisclosed amount in angel round of funding led by Foxconn Technology Group along with Kanwaljit Singh. The raised capital will be used to fuel the expansion. Foxconn will manufacture the initial set of hardware products for WiZN, as per the terms of the agreement.
DesignBids: A marketplace for architecture and interior design services, DesignBids, raised an undisclosed amount of funding from the Indian Angel Network. The startup will use the raised funds to improve its technology, expand the team and scale up operations in all the major metros.