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Carat lane raises $31 million

BS Reporter 

Chennai-based Carat Lane Trading, which operates online jewellery portal Caratlane.com, has raised Rs 192 crore ($31 million) in a Series-D round of funding from existing investor The funding comes almost two years after it raised its Series-C round worth around $10 million from Before that, it had raised $10-12 million in its first two rounds of funding, in 2011 and 2012.

Antuit raises $56 million
Analytics firm Antuit Holdings, which has an office in Bengaluru, has raised $56 million (Rs 345 crore) led by Goldman Sachs with participation of existing seed investor Antuit was founded by Arijit Sengupta, who currently serves as the chief executive officer of the firm. According to the deal, Goldman Sachs' managing directors Ankur Sahu and Vishal Bakshi will join the Antuit board.

Hopscotch raises $11 million
Hit The Mark, the company which owns baby care-focused e-commerce portal Hopscotch.in, has raised $11 million (Rs 66 crore) in its Series-B round led by Facebook co-founder Eduardo Saverin and Velos Partners. This round also saw the participation of Rise Capital, Jabbar Internet Group, and existing investors - Singapore based Lionrock Capital and Skype co-founder Toivo Annus.

raises angel funding
Crowdfunding platform has completed its seed round of funding. It raised Rs 4 crore from a group of angel investors. Rajan Anandan, managing director, Google India, and Sharad Sharma, co-founder, iSPIRT Foundation took part in the funding round. While Rs 3 crore came from Anandan, Sharma, T V Mohandas Pai and Deep Kalra on LetsVenture, Rs 1 crore came in from seven investors at an event called 'TiE the Knot', organised by The Indus Entrepreneurs.


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First Published: Mon, January 26 2015. 00:22 IST
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