ALSO READOnline-content platform for children mycity4kids raises $3 mn from SIDBI Venture Capital Delhivery, Tracxn Labs invest $5 mn in logistics firm Parcelled Big firms' honchos fuelling exodus from start-ups Zone Startups closes Rs 190-cr fund Fresher salaries peak as startups look for young talent: study
Bangalore-based Tracxn, which was founded in 2013 to track startups, has just found an investor in Indian industrialist Ratan Tata.
Abhishek and co-founder Neha Singh were involved with startup discovery when they were with VC firms Accel Partners and Sequoia Capital. Today, they have 130 analysts tracking startups in 230 business segments globally.
Mycity4kids, an online platform to help mothers multi-task, has raised $3 million from SIDBI Venture Capital and YourNest Angel Fund, the company announced today.
Mycity4kids says a million parents visit the website every month, with 2.5 million page views, 700 bloggers and 75,000 service providers listed across nine cities. But it still sees plenty of room to grow, with over 50 million mums online.
Zebpay, an Ahmedabad-based mobile bitcoin startup, has raised close to $1 million in a series A round. The funding was led by growth equity investor Arjun Handa and Amit Jindal, MD of Jindal worldwide.
The company was co-founded by Mahin Gupta, Saurabh Agrawal, and Sandeep Goenka. The fresh funds will be used to ramp up its services and talent acquisition in order to widen the reach of its bitcoin wallet in India.
My Child App
My Child App, a parenting app, has raised a seed round of $100,000 led by 500 Startups, the company said in a statement.
Angel investors like Anisha Mittal, Amit Gupta, Ritesh Malik, Pallav Nadhani, Lalit Mangal, Arihant Patni, Deobrat Singh, Samir Bangara, and Saurab Paruthi, and the Singapore Angel Network also took part in the round.
The app helps track a child’s growth and his or her developmental disorders. My Child App was founded by three college dropouts – Harsh Songra, Aafreen Ansari, and Shreya Shrivastava, who are just 19 years old.
The funding will be used to build its tech muscle and also expand operations internationally, specifically to Brazil, Thailand, Egypt, Germany, and Dubai. Currently, the three-year-old startup has tie-ups with over 1,500 hospitals in India and Turkey.
This is an excerpt from Tech in Asia. You can read the full article here.