India investment Roundup: an online Tea save, a home renovation market, and extra

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India Funding Roundup: An Online Tea Shop, a Home Renovation Marketplace, and More

VC firm Saama Capital India Advisers became inside the information currently, after raising $100 million (roughly Rs. 680 crores) in three separate finances. Our ultra-modern investment roundup sees angel and pre-series A funding rounds in a domestic maintenance market, a portal for tea shopping, an onlinecondo platform, a staff control software program issuer, and an app-primarily based wellbeing outlet chain.

Gurgaon-primarily based Buildzar, a marketplace for home construction and home upkeep introducedthat it has obtained $4 million (more or less Rs. 27.2 crores) from character investor Puneet Dalmia in a pre-series A investment spherical. Buildzar operates verticals: The cloth save – a marketplace with over 20,000 merchandise related to home additives and BuildMyHome, a curated platform with over 70 contractors and designers on its platform.

Ratan Tata, Chairman Emeritus of Tata Sons has invested an undisclosed sum in Teabox, a web store that sells tea to over 90 countries round the world. that is Tata’s 5th funding in 2016, following FirstCry, Tracxn, Dogspot, and Cashkaro.

(also see: From Smartphones to Smartcars, here‘s Ratan Tata’s 2015 Startup buying list)

Whats On hire
Bengaluru-primarily based online condo platform, what is On lease has reportedly raised an undisclosedamount of angel investment from Lalit Mangal, Co-founding father of CommonFloor, and Neeraj Gupta, co-founder of Excubator. based in July 2015, the startup offers domestic appliances, computers, fixtures,camping, fitness, and clinical device on lease.

personnel management software provider Applicate, has reportedly raised $1 million (round Rs 6.eightcrore) in angel funding from a collection of excessive internet well worth individuals. The Bangalore-based agency will reportedly use the funds to similarly expand exchange GINI,its mobile primarily based e-trade platform for offline retailers and on-line sellers.

Gurgaon-based wellness shops chain Gajty has reportedly secured an undisclosed quantity in seedfunding from US-primarily based challenge capital firm Purvi Ventures. The startup has been operationalgiven that in October 2015, and gives apps for users and traders on the Play keep. It presently operates in Gurgaon with round 60 retailers, which includes spas and salons, and claims to have processed over 15,000 orders.

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Tags: Applicate, Apps, Buildzar, funding, Gajty, India, internet, investment, Startups, Teabox, Whats Onlease