Flipkart's Soni invests in Razorpay

Punit Soni, Flipkart's chief product officer, has made a personal investment in Jaipur-based online payment company Razorpay Software Pvt Ltd. The details of the transaction have not been disclosed. Razorpay is an online payment gateway firm for small businesses and institutions like schools, colleges and training centres.

Nudgespot raises $650,000

Nudgespot, a platform that provides tailor-made communication for businesses and their customers, has raised $650,000 in seed funding from Kae Capital and angel investors Anoop Goyal, Mike Shah and V A Sastry. It allows firms to automate or broadcast messages to customers based on their behaviour. The platform is aimed at helping marketers, engineering and product development teams to gain easy access to customer information.

Byond Travel to raise $3 million

Byond Travel, a Bengaluru-based experience-focused travel platform, is looking at raising $1- 3 million in a Series-A round of funding. It plans to use this money to build team, expand into multiple regions and for customer acquisitions, according to its founder Vikram Ahuja. The first start-up out of Kyron's Innovation Labs, it had raised an initial seed round of $100,000 from Kyron Angel Network. Ahuja is a founding partner at Kyron, a global start-up accelerator and capital (venture capitalist) funding firm based out of Bengaluru.

Crown-it raises $5.5 million

Gurgaon-based Crown-it, a marketplace for local businesses, has raised $5.5 million from venture capital firms Accel Partners and Helion Venture Partners in Series-A funding. It helps consumers discover local merchants and drive business to those merchants. It charges the merchants a marketing fee for sales driven at the outlets, and shares part of the fee with consumers as cash-back.

Twitter co-founder backs Lookup

Lookup, a messaging app that connects shoppers with local businesses has raised $382,000 in Series-A funding from Twitter co-founder Biz Stone, who has joined the team as an investor and advisor. Other investors include S Gopalakrishnan, Teru Sato, DeNA and MKS Group (Switzerland). Lookup will use the funds to expand its merchant base and reach.