Moovo.in gets funds from YouWeCan
Moovo.in, an on-demand booking platform for mini-trucks owned by OrbitNote Technologies, has raised an undisclosed amount in a seed round from YouWeCan, an early-stage venture capital fund backed by cricketer Yuvraj Singh, and a group of other angel investors. Floated in December 2014, Moovo.in is in the process of expanding to six other cities by the end of this year.
Hansa Cequity gets Rs 30 cr from ASK
Hansa Customer Equity (Hansa Cequity), a Chennai-based data analytics and market research firm, has secured Rs 30 crore in a first round of funding from private equity player ASK Pravi. The proceeds would be deployed to enter new cities. It is already present in New Delhi, Bengaluru, Mumbai and Chennai.
PayMango raises close to Rs 1.5 crore
PayMango, a hyper-local m-marketplace, has secured around Rs 1.5 crore in a seed round of funding from undisclosed investors. The start-up, founded by Gajinder Singh, former chief executive of Klickpay and ex-chief technology officer at PayU India, and Ram Singla, former CTO at Klickpay, Tradus and Zomato, plans to utilise the funds to bring more merchants on board.
Cucumbertown gets acquired
Cookpad, a Tokyo Stock Exchange-listed recipe network, has acquired Bengaluru-based online recipe-blogging start-up Cucumbertown for an undisclosed sum, making its entry into the Indian market. Cucumbertown, which has eight employees in Bengaluru and one in the US, will remain an independent subsidiary under Cookpad.
CAKART gets angel funding
CAKART, an e-learning and video tutorial portal run by Bengaluru-based Suphalaam Technologies, said it has raised an undisclosed amount in an angel round from serial entrepreneur Sunil Maheshwari and others. Founded by IITian Puru Mishra, NIT gold medalist Sunil Javaji and Arun Kumar in 2009, CAKART currently works with about 50 faculty members.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
