Funding RoundUp: Germin8, Greecart, GradeStack & More…

Kalaari Capital invests in data analytics company Germin8

Mumbai based data analytics firm, Germin8 has raised Rs 18 Cr in series A funding from Kalaari Capital. “The social media analytics space is an open sky, we look to consolidate our position as a significant analytics player in the Indian market and to venture into newer markets. Having said that, we look to strengthen our technology which is the core of our success,” said the company in a blogpost.

Its flagship product Explic8 helps clients to analyse stakeholder conversions drawn from social media and news as well as from private sources such as emails and chats.

Founded in 2007 by Raj Nair and Ranjit Nair, Germin8 clientele include companies like ICICIPrudential, Johnson & Johnson, Marico and MTV.

Recently, Indix Corp, a SaaS-based product intelligence platform company had also raised a $9 Mn funding round.

Greencart raises funding from Techno Group

Mumbai based ecommerce startup, Greencart has raised $1.5 Mn in angel funding from Techno Group which it plans to use for expanding its operations, strengthening distribution channels and for improving its sourcing network.

Founded in 2013,by Rajiv Tevtiya, Kiran Tevtiya and Devidas Mule, Greencart offers farm fresh fruits and vegetables. Apart from this, it also offers gourmet food products i.e. groceries, bakery items, snacks, ready-to-eat products and more. It currently offers more than 1,500 products across 30 categories and is currently operational in Mumbai, Navi Mumbai and Thane.

Times Internet invests in edu startup GradeStack

Education marketplace GradeStack has raised undisclosed amount in a funding led by Times Internet Limited. GradeStack had previously raised Rs 10 lakhs in seed funding from Times Internet and was in third batch of startups of Tlabs.

GradeStack was founded in 2013, it is a marketplace for digital courses available to students on mobile, tablets and web. It works with publishers to build interactive smart courses and helps them reach out to students across the online world. “Just like simply exporting print content to web did not work, similarly just pushing web content on mobile is not the solution. Turning content into shorter modules, gamifying the learning experience and making it social is the key,” said GradeStack co-founder and product head Vibhu Bhushan.

GradeStack plans to use the new funding round to reach 1 mn users and offer 100 courses by June 2014.

Browntape raises funding from Seedfund

Seedfund has recently invested undisclosed amount in inventory management solution provider Browntape, says reports. Serial entrepreneur K Ganesh also participated in the round.

Browntape was founded in 2012, and previously it had received $30,000 in seed funding when it was part of GSF Accelerator’s second startup batch. Its offers order and inventory management solution which enables merchants to sell on marketplaces like eBay, Amazon, Flipkart, Tradus etc.

LEAP raises funding from Sarthi Angel Venture Foundation

Delhi based Learning Edge Academy of Professionals Pvt Ltd (LEAP), has raised undisclosed amount in an angel round from Sarthi Angel Venture Foundation (SAVF), cites reports.

Founded in 2009, LEAP is an elearning, educational technology platform offering professional courses such as CA/CPT, IPC, IITJEE & AIEEE, AIPMT, CAT, IAS and GMAT.

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