Bengaluru-based Emvito Technologies, which operates SpoonJoy, a subscription-based online platform that allows office-goers and other consumers order meal packs such as set cut-fruit packs, has raised $1 million from SAIF Partners. It plans to use the money to expand to Delhi and Mumbai in the next two months.
Flipkart acquires Appiterate
Flipkart has acquired Appiterate, a Delhi-based mobile engagement and marketing automation company. Appiterate helps e-commerce companies combine the strengths of mobile apps and big data to allow them to do one-on-one targeting of their users through push notifications and in-app messages.
Analytics firm Tracxn raises $3.5 mn
Tracxn, an analytics firm co-founded by Sequoia Capital and Accel Partners alumni to track data from startups, has raised a $3.5 million Series-A round of funding from SAIF Partners. The company, which describes itself as "Gartner for start-ups information," plans to use the funding to increase that number of analysts to 150 by the end of this year, including hires in Southeast Asia and Europe.
Travel Triangle raises $8 mn
Venture fund Bessemer Venture Partners is leading an $8-million financing round in Delhi-based Travel Triangle, according to a news report. Existing investor SAIF Partners also participated in the second round of fund-raise for Travel Triangle, an online marketplace which lets customers connect with multiple local travel agents, get quotations, customise their trips and make bookings through the site.
CarDekho buys BuyingIQ
Girnar Software Pvt Ltd, which runs the automobile listings website CarDekho.com, has acquired online shopping and price comparison portal BuyingIQ Online Services Pvt Ltd for an undisclosed sum.
HR Fund invests $500k in PiQube
The HR Fund, India's first human resources (HR) focused private investment company, has announced its third investment in PiQube, a Chennai-based HR start-up. The HR Fund will be investing $500,000 and will also have board presence in the investee company.
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