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India Funding Roundup: Kaaryah, RoomsTonite, ZapLuk, Wigzo, CollegeDekho

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India Funding Roundup: Kaaryah, RoomsTonite, ZapLuk, Wigzo, CollegeDekho

Gurgaon-based Kaaryah Lifestyle Solutions, an online store for women's formal wear, announced Wednesday that it has raised an undisclosed sum in its pre-series A round of funding from Mohandas Pai and The Saha Fund. Founded in 2014, Nidhi Agarwal CEO of the company, said in an emailed statement that it plans to use the funds for recruitment, digitisation, automation, raw material sourcing, marketing, and brand building.

Last minute mobile booking app RoomsTonite secured $1.5 million (roughly Rs. 9.9 crores) in angel funding from Lashit Sanghvi, Co-Founder of Alchemy Capital; Nikhil Vora, Founder of Sixth Sense Ventures; Venkat Vardhan, promoter of DNA Networks; Mohammed Bin Abdul Rehman Al Khalifa, chairman of Caravan Group, and Ralph Berezan of Berezan Group of Canada.

The company will use these funds to further expand their services in India and other countries, as well as to strengthen its team to complement its capabilities. The Bengaluru-headquartered startup launched its operations in June 2014, and said that it has partnered with over 4,000 hotels across 325 destinations in India, according to an emailed statement.

Hyderabad-based beauty and wellness app ZapLuk has reportedly raised an undisclosed amount of angel funding from a group of angel investors including former MD of Apple India. Founded by Mahesh Gogineni and Manan Maheshwari, Zapluk launched its operations in November this year, and currently provides an app for Android on Google Play.

Delhi-based marketing automation startup, Wigzo, has reportedly raised $500,000 (roughly Rs. 3 crores) in its pre-series A round led by Aarin Capital Partners and chairman of Manipal Global Education, TV Mohandas Pai. Founded in 2013 by Umair Mohammed, Himanshu Kaushik, Shamail Tayyab, and Vikrant Khushu, the company reportedly claims to have improved its customer engagement by a factor of three.

Gurgaon-based Edtech startup CollegeDekho, a discovery platform for Indian universities, has reportedly raised $1 million (roughly Rs. 6.6 crores) in seed funding from Girnar Soft. The company reportedly plans to use its funds on developing its platform, and building its team and marketing.


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