The fresh funds will help the company to launch a new product that will help ClearTax users to save tax by making investments.
The investment has been made under the ‘Small Ticket Funding programme which was announced by IAN last year.
The fund will focus on India and south Asia and the venture capital firm will participate in Series B and C rounds across sectors including ecommerce, financial services, health & wellness and travel & transportation.
This week had been packed with announcements from Digital India. Starting from Tata’s announcement to enter e-commerce space and Tim Cook visiting India, lot has happened in this part of the world.
Founded by Vikram Tanwar and Varun Mathur, VEQTA aims at redefining how sports is consumed in India by serving fans a selection of the best sports content from across the globe through Video On Demand and Live Streaming.
SmartQ has a presence in over 10-15 IT companies and IT Parks in Bangalore. The company has more than 45,000 users on its android app currently and clocks over1800 transactions daily. It is witnessing a growth of 50% every month, claims the company.
BHIVE Workspace a workspace provider, caters to over 150+ ventures. The company currently operates in 4 locations covering 50,000 sq. ft with over 800 active members.
Parentlane, is a social platform to guide parents with personalized & trusted advice on the overall development of their child from the time the child is born till 8 years.
Founded in 2014, PurpleHealth is a 360-degree health and wellness platform that provides a seamless interface to choose the right medical practitioners, schedule appointments, set up video & audio chats with doctors and much more.
The company’s mobile app makes emergency response available with one tap on a mobile phone in under 9.0 minutes in urban areas.