Roadrunnr, a business-to-business online platform and service provider for hyper local logistics, said it had raised $11 million from Sequoia Capital, Nexus Venture Partners and Blume Ventures. The money will be used to enhance its technology platform, expand nationally and build its delivery network.
QuikWallet raises $1.6 mn
LivQuik Technology, a Mumbai-based start-up that owns mobile payment service QuikWallet, said it had raised $1.6 million in a follow-on funding from Snow Leopard Technology Ventures. The firm will use the money to expand its team and increase its merchant base.
NewsHunt acquires BuyT.in
Ver Se Innovation, owner of local language mobile app NewsHunt, said it had acquired Delhi-based Rocket Science Innovations, which runs e-commerce price comparison platform BuyT.in, for an undisclosed amount. The acquisition will help NewsHunt develop an e-commerce platform for local-language users.
Ketto raises $700,000
Ketto Online Ventures, which operates an online crowd funding platform, said it had raised Rs 4.4 crore ($700,000) in a fresh angel investment round led by Pradyumna Dalmia, co-founder of Calcutta Angels, and Sudhir Rao, deal champion of The Chennai Angels and co-founder of IndusAge Partners.
HackerRank raises $7.5 mn
Bengaluru- and California-based Hacker Rank said it had raised $7.5 million from Japanese firm Recruit Holding's HR Technology Fund. Peeyush Ranjan, vice-president (engineering-Motorola Mobility) at Google; Greg Badros, former senior director (engineering) at Google and Dan Rubinstein, director (product management) at Facebook, also participated in the funding.
MoveInSync raises venture debt
MoveInSync Technology Solutions, which offers transportation management solution, said it had raised an undisclosed amount of venture debt investment from InnoVen Capital India, a non-banking financial corporation.
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