InstaCash-funding

Jaipur based Recommerce startup InstaCash receives undisclosed funding

Recommerce startup InstaCash has secured undisclosed funding from Singapore headquartered recommerce company CompAsia. CompAsia sells quality refurbished smartphones and tablets in Singapore and other Asian countries. InstaCash will use the funds to consolidate its presence in India and lucrative foreign markets such as Southeast Asia and East Asia. The Jaipur based company enables consumers to sell…

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Sattviko-funding

Delhi based Food Startup Sattviko raises Undisclosed funding from angel investors

Delhi based Healthy and hygienic food startup Sattviko has raised undisclosed amount from clutch of individual investors. The investment round was led by Ashish Gupta, founder of well-known venture capital firm Helion Venture. The round also saw participation by Sunil Chandiramani and others senior private equity professionals. Sattviko, inspired from the word sattvik (pure food), was…

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Almora-founder

Almora: This Blockchain startup aims to become a leading Crypto Investment Bank

Almora In a glance Headquarters: Gurugram Founder: Vajahaath Hussain Funds raised: Bootstrapped Vajahaath Hussain, founder & CEO of Almora Almora is a brainchild of Vajahaath Hussain, a young budding entrepreneur whose restless entrepreneurial spirit is certainly symbolic of India’s modern economic aspirations. By the way, Hussain’s voyage into the blockchain world is not his first entrepreneurial mission. He has already…

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Cygni-Energy

Solar energy startup Cygni Energy raises $6.4 Mn through debt & equity funding

Solar energy startup Cygni Energy has successfully raised $6.4 million as the company looks to cater the increasing demand for solar energy across the country. The company raised the funds via combination of equity funding and debt. The equity funding was spearheaded by early-stage venture capital firm Endiya Partners, while the debt funding was done…

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PropTiger.com_Makaan.com.

PropTiger.com & Makaan.com’s Parent firm receives $35 Mn from Citigroup

Citi Group’s Singapore division has pumped $35 million (nearly Rs 245 crore) in Elara Technologies, which owns online real estate startups Housing.com, PropTiger.com and Makaan.com. According to reports, the funds were raised through debt instrument. Elara Technologies, which is also based in Singapore, will use the latest fund infusion for various business expansion purposes. This includes…

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