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India Funding Roundup: Bueno, Plabro, WedMeGood, XSTOK, Briston Technomach

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India Funding Roundup: Bueno, Plabro, WedMeGood, XSTOK, Briston Technomach

Gurgaon-based food-tech startup Buéno, which delivers gourmet food, announced that it has raised $600,000 (roughly Rs. 4 crores) in its pre-series A funding round from an undisclosed angel investor. The funding will be used in talent acquisition, technology up-gradation, data-analytics, operations, footprint enhancement and marketing, physical operations, customer relationship and supply chain management, the company said. Android and iOS apps are on their way, the firm has recently launched GPS tracking, and added referral and loyalty programs. Founded in 2012 by Rohan Arora, Buéno has 5-star chefs who are also co-founders - Vipul Arora and Puneet Jain.

Gurgaon-based PlaBro, a platform for real estate brokerage firms, property agents and dealers raised $350,000 (roughly Rs. 2.3 crores) from Flipkart founders Sachin Bansal and Binny Bansal, Sol Primero, Outbox Ventures and angel investor Sangram Singh. Founded in 2015 by Aaditya Jain and Pankaj Garg, the startup offers an Android and iOS app with built-in communication and analytics features.

Indian Angel Network (IAN) has invested Rs 2.7 crores in Gurgaon-based wedding planning portal WedMeGood, which helps couples plan their dream wedding. The online marketplace lets you find vendors by city and category, view price quotes and reviews. Founded in 2014 by a husband - wife duo of Anand Shahani and Mehak Sagar, the company plans to utilise the funds to scale up technology and sales teams, launch a mobile app and pilot alternative revenue sources.

Mumbai-based XSTOK, a mobile B2B auction platform for surplus stock of apparels and fabric has received a Rs. 3 crores investment from early stage investment firm Oliphans Capital and other angel investors. Founded in January 2015 by Sanjiv Khandelwal and Mihir Shah, the platform has apps for Android and iOS.

Briston Technomach
Delhi-based Internet of Things (IoT) and machine-to-machine (M2M) technologies startup Briston Technomach Pvt Ltd has raised around Rs. 1 crore in seed funding from an undisclosed angel investor, VC Circle reported. Founded in 2014 by Arpeet Gupta and Avnish Kumar, the firm is going to introduce a product called Fuelark, which provides analytics tools for monitoring fuel and energy usage in the power backup industry.


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