funding

The funding was led by Farooq Adam (Founder, Fynd) and Ambi Parameswaran (FCB Ulka Advertising). Saral Designs founded by Suhani Mohan and Kartik Mehta mid-last year, has launched ‘Aisha Ultra XL’ sanitary napkins. It has developed a low-cost process for manufacturing sanitary napkins at a decentralized level.

RedDoorz has raised Pre Series A funding from 500 Startups to intensify its expansion plans in the South East Asia region. RedDoorz was recently launched in Indonesia and has signed on 200+ budget hotels. RedDoorz will intensify its outreach in Indonesia and launch across South East Asia.

The round was led by the University of Oxford’s Saïd Business School Seed Fund. The app which will roll out on both Android and iOS platforms, will help to connect with friends in real life. It matches you with friends nearby who are in the mood to do a similar and helps coordinate the plan.

The Series A funds will be used to invest in technology, recruit talent and expand into international markets. It was founded by Rakesh Deshmukh (CEO), Akash Dongre (Head of Product) and Sudhir B (Head of Technology).Indus OS allows to translate from English into a regional language.

The funding round was led by Ronnie Screwvala’s venture capital firm Unilazer Ventures, Lenskart founder Peyush Bansal and redBus founder Phanindra Sama. The company plans to enter into the offline space and launch around 100 outlets. Three outlets will be set at Mumbai, Delhi and Bangalore airports.

The startup plans to use the fund to enhance its technology, expand in international markets and talent acquisition. Founded by Swati and Bhargava, the company had earlier raised Rs 25 crore from Kalaari Capital. The startup claims that it has partnered with over 1000 retailers and over 10 lakh registered users.

Bangalore based Tinystep founded by Suhail Abidi, has raised an undisclosed amount in its seed round from Flipkart. The startup plans to use this amount to develop the product, enhance user experience, strengthen the team and further accelerate the company’s growth and its user engagement.

Existing investors including Nirvana Digital India Fund, Nirvana Digital Investment, 500 Start-Ups and Beenext participated in the round. The funds will be used for product development, talent acquisition and for marketing. The startup claims that it has 7,500+ shops and adds over 10,000 listings per day.

Voicefriends has raised an undisclosed funding from Wockhardt’s Dr.Huzaifa Khorakiwala. The company was started by 58 year old Gurjit Dhingra in 2015. The startup helps users make instant connections. The platform is free for women while men need to pay. The company plans to launch app and revamp its website.