Fundingwire is a quick summary of notable investment announcements in the Indian technology ecosystem.
EdTech Startup Curiositi Raises Rs 3.5Cr
Bangalore-based Education startup Curiositi has raised Rs 3.5 crore in Series A round of investment from Menterra Social Impact Fund, with participation from existing investor Unitus Seed Fund. The company develops personalised activity based learning programs, and claims to have reached out to 25,000 students till date. It was founded in July 2013 by Manoj Balaram Thandassery and Vinod Abraham.
Food Ordering Platform Ketchupp Raises Rs 3Cr
New Delhi-based Meta search engine for online food ordering, Ketchupp, has raised Rs 3 crore in a seed round of investment led by India Quotient and a few angel investors. It was founded in June 2015 by Narender Kumar and Chirag Taneja.
Valley Based Emergency Response Startup MUrgency Raises Funds for India Expansion
Silicon Valley-based emergency response firm, MUrgency, has secured about $100,000 from Rishad Premji. The firm is backed by Ratan Tata and Infosys cofounders Kris Gopalakrishnan and SD Shibulal. It is rolling out operations in NCR, Mumbai, Bangalore, Chennai, Hyderabad, and Kolkata. It was founded by Shaffi Mather.
ZoloStays Raises Rs 26Cr Led By Nexus Venture Partners
Bangalore-based accomodation booking platform, ZoloStays, has raised Rs 26 crore in Series A round of investment led by Nexus Venture Partners. The round includes a debt component of Rs 4.5 crore, raised from venture debt firm InnoVen Capital. This brings the total capital raised by the firm to Rs 37 crore. It was founded in June 2015 by Nikhil Sikri and Akhil Sikhri.
Cybersecurity Firm Kratikal Tech Raises Close to $500K in Seed Round
Cybersecurity firm Kratikal Tech has raised $500,000 in seed funding from Amajit Gupta, Former Director of Microsoft India; Praveen Dubey, Co-Founder MutualPR and…