Online privilege platform VantageCircle raises Rs 1.2 Cr
Delhi based, VantageCircle.com, an exclusive online privilege platform for corporate employees, has raised Rs 1.2 Cr from group of Angel investors, led by Raghu Bathina of Hyderabad Angels. The startup plans to use the new funding round for scaling sales activities, and developing a mobile app for its service.
VantageCircle currently offers corporates like Infosys, Wipro, HCL, Novartis and GE, hand-picked shopping privileges from over 950 national and international brands. It provides a platform where the users can engage with various brands via various mediums like exclusive deals, mailers, contests, etc.
“On this platform we have a range of exclusive privileges across varied categories and segments, offered to employees. Be it dining, holidays, hospitals, utilities or insurance, we currently provide 400-plus hand-picked privileges which are specially personalised and customised as per employee demographics, usage and preferences,” said Partha Neog, CEO, VantageCircle.
Vantage Circle was founded in 2011 by Partha Neog, KC Ramakrishna and Anjan Pathak, it was previously known as TheDealspoint.
Edu startup Foradian raises funding from Fabindia CEO William Bissell
Enterprise software solutions startup for education institutions, Foradian has raised $2 Mn funding from William Bissell of Fabindia. The fund will be used to enhance Fedena, adding more features and opening up new channels for the product on the global platform.