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Health content startup myUpchar raises in $300,000 seed funding

Medical content startup myUpchar has raised Rs 2 crore ($300,000) in seed funding from a clutch of investors through online deal-making platform LetsVenture, a company statement said. The investors were Rajan Anandan, managing director at Google India; Alok Mittal, co-founder and chief executive of lending startup Indifi; Mohit Satyanand, founder of ed-tech venture Teamwork Arts;… Read More »

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TechCrunch collaborates with Facebook for first Startup Battlefield Africa

TechCrunch and Facebook have collaborated to bring TechCrunch’s very first Startup Battlefield to Africa, at an event scheduled to hold on Wednesday, October 11 at 9:00 AM EAT in Nairobi, Kenya. The pitch-off competition will feature startups from all over Africa in three categories: Productivity and Utility, Social Good, and Gaming and Entertainment. Representing Nigeria at the event… Read More »

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Music Blockchain, Machine Learning Startup raises $1.2M

Blokur, led several music industry veterans, has raided a $1.2 million seed round to bring blockchain technology to music and other creative arts. But Blokur faces steep competition, as well as, the age-old problem of getting the music industry on the same page… about anything. Blockchain is seen by some as the solution to many… Read More »

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Virtual and Augmented Reality Startup GridRaster Raises $2 Mn Seed Funding

Palo Alto, California and Bengaluru based startup GridRaster, bagged a seed funding of $2 million from a clutch of investors including Exfinity Ventures, Lumia Capital, Pipeline Capital, NexStar Partners, Unshackled Ventures and Explorer Group. The startup works on enabling high-end virtual and augmented reality experiences on mobile devices, using multiple stack approach. The company plans to utilize the… Read More »

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Funding Rooftop Solar Startup Oorjan Raises 450K in Seed Funding

Mumbai-based rooftop solar platform, Oorjan Cleantech, has raised $450,000 in seed funding led by Globevestor. A group of senior directors in banks and financial services companies, including Sayandev Chakravartti, Aditya Sharma, Nisha Pillai and Mayur Bhat, also joined the round. Founded in November 2014, Oorjan is bringing together the power of cleantech, fintech and IoT… Read More »

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Pie Insurance Gets $4.3 Million Seed Funding

Pie Insurance, a direct distribution workers’ compensation Insurtech business, has launched today at InsureTech Connect. Pie Insurance said it had closed on a $4.3 million seed round led by Sirius Group, Moxley holdings and Elefund. Sirius Group, is a global specialty insurer and reinsurer with $2.9 billion in capital and an A.M. Best “A” rating;… Read More »

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NearGroup chatbot startup lands $1.6m Seed round

Neargroup, a chatbot allowing users to connect with like-minded people based on proximity, personality and their creative content has raised a $1.6m (£1.2m) seed round led by OpenOcean, with participation from Neotribe and BoostVC. NearGroup will use the funding to expand in Asia Pacific, the US and Europe. The NearGroup chatbot (open in for Messenger)… Read More »

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Tony Elumelu Foundation to host ‘largest gathering of African entrepreneurs’

The Tony Elumelu Foundation (TEF) has announced that the 3rd annual TEF entrepreneurship forum will take place in Lagos between October 13 and October 14. The organisers described forum, which will see the gathering of 1,300 African entrepreneurs, business leaders, policymakers from 54 countries, as the “most inclusive gathering of African small market enterprises (SMEs)”…. Read More »

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Used Furniture Platform Zefo Raises $9 million in Series B Round

Used furniture and appliances platform Zefo, which operates as gozefo.com, has raised Rs60 crore (about $9 million) in a Series B round from Sequoia Capital India, Helion Venture Partners and Beenext Pte. Ltd, the company said in a statement.   The Bengaluru-based company will use the money to widen operations, improve customer care, expand inventory… Read More »

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Sequoia Capital Raises $50.2M for China Focused Fund

Global venture capital firm Sequoia Capital has raised $50.2m for a China focused fund. Per an SEC filing, Sequoia Capital China Venture VI Principals Fund eceived support from 86 investors. Led by Neil Shen (listed in the SEC form), Xi Cao, Caroline Fu, Colin Guo, Steven Ji, Cen Wang, Xing Liu, Cherry Lu, Xiaobo Lu,… Read More »

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