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India Funding Roundup: Chillr, Shopalyst, Eywa Media, FirsTouch, Wydr

India Funding Roundup: Chillr, Shopalyst, Eywa Media, FirsTouch, Wydr

Mumbai-based Backwater Technologies Pvt. Ltd, makers of Chillr, a smartphone application for P2P money transactions has received Rs 40 crore in funding from venture capital firm Sequoia, ET reported. The Chillr App lets users send or receive money with phonebook contacts without having to know their account number, IFSC code, or requiring an OTP SMSs. The full set of features of the app are presently available only to HDFC Bank and Bank of Baroda customers on Android, iOS, and Windows. Other bank customers can only receive money.

Bengaluru-based Shopalyst, founded by four veterans from Infosys in 2014 has has reportedly raised $2 million (roughly Rs. 13 crores) in funding from VC firm Kalaari Capital. Its flagship product Shortlyst enables publishers and developers to add in-app buy buttons enabling retailers to sell their products directly in the apps.

Eywa Media
Eywa Media Innovations Pvt Ltd, a data analytics startup that provides digital signal processing solutions for broadcasters, has raised $1 million (roughly Rs. 6.6 crores) in seed funding from ah! Ventures, PE fund Viktor Koenig and Mantra Ventures. The Bengaluru-based firm uses analytics and audio detection technologies to improve audience interaction and measurement engagement.

Mumbai-based MoFirst Solutions, makers of FirsTouch OS, which claims to be India's first regional smartphone operating system has reportedly received funding from angel investors. The Firstouch OS, built on Android features a virtual keyboard that supports 10 Indian languages, with Matra and word predictions.

(Also Read: Micromax Unite 3 Review: Crossing Language Barriers)

Droom founder and ex-Shopclues CEO Sandeep Aggarwal has invested an undisclosed amount in Wydr, which claims to be India's first performance based wholesale marketplace. The company is reportedly in talks with potential investors for another funding round of $2 million (roughly Rs. 13 crores).


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