Pearson Affordable Learning Fund (PLAF), an education fund run by UK-based education company Pearson, has invested an undisclosed amount in Bangalore-based Experifun Learning Solutions, which designs next generation science learning aids, reports VC Circle. Last November Experifun, along with another education start-up Sudiksha Knowledge Solutions, had bagged a total of $150,000 from PALF and US-based Village Capital.
Power2SME raises Rs 42 crore
BEBB India, which runs Power2SME, an online buying hub for small and medium enterprises, has raised Rs 42 crore from existing investors in Series C round of funding. The investors included Accel Partners, Kalaari Capital (formerly Indo-US Venture Partners) and Inventus Capital.
DoctorC raises Rs 2.5 crore
DoctorC, a Hyderabad-based health technology startup has raised Rs 2.5 crore from California-based Leviathan Investments headed by Anil Dharni, Ram Gudavalli and Andrew Keidel, the founder of gaming startup Funzio. Other investors are Spice Capital and angel investor Sanjay Jesrani.
Altizon raises funds
Altizon Systems, a Pune-based Big Data startup, has raised an undisclosed amount in seed funding led by Hive India, an early-stage fund floated by Amit and Arihant Patni. The round also saw participation from Infuse Ventures, the venture investment arm of IIM Ahmedabad and Persistent Ventures, which came in with $100,000 investment in the firm.
TargetingMantra raises $1.1 mn
Insightful Labs, which operates TargetingMantra, a data analytics and personalisation service for online stores, has raised $1.1 million in funding from 500Startups, Nexus Venture Partners and One97 Mobility Fund.
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