Mumbai-based e-tailing platform Blubox has raised Rs. 66,00,000 in angel funding, VC Circle reported. The platform helps businesses with online e-tailing functions like cataloguing, order management, inventory management, pricing and campaigns management and payments reconciliation under one platform. The firm claimed to be servicing over 150 brands, including Flipkart.
Bengaluru-based Vistaar Financial Services Pvt Ltd raised about Rs. 250 crores in an internal round of funding led by its existing investors WestBridge Capital, Omidyar Network, Elevar Equity, Saama Capital and Lok Capital, Dealcurry reported. The firm provides loans to the micro and small enterprise market, and invest in technology enabled credit processing and workflow management.
Bengaluru-based hotel-tech startup RoomCentral, which provides cloud-based tools for hotels to manage room inventory, billing and accounting raised $2 million (roughly Rs. 12 crores) from angel investor Karanpal Singh, ET reported. Ibibo group recently acquired a minority stake in cloud-based hotel sales platform provider Djubo late August, a sign of growing investor activity in this space.
Quintillion Media, the digital content venture founded by Raghav Bahl and Ritu Kapur has invested Rs. 4 crores in Noida-based YouthKiAwaaz.com. The platform aims to amplify youth voices on social issues, and boasts a monthly readership of two million, and a community of over 35,000 contributors.
HiJinny.com, a mobile app-based marketplace for in-home beauty services for women has raised an undisclosed amount of angel funding, Dealcurry reported. The service is currently being piloted in Pune, and is looking to expand its geographical presence. Vyomo and StyleCracker saw recent funding activity in this segment.