<article>Online delivery startup Satvacart is raising $2 million, public transport app Ridlr has got $6 million, and investment banking platform BankerBay has received $2 million funding.</article>

Online delivery startup Satvacart is raising $2 million, public transport app Ridlr has got $6 million, and investment banking platform BankerBay has received $2 million funding.
<h3>Online delivery startup Satvacart raising $2m</h3>
<a style="color: #000080;" href="http://www.dealstreetasia.com/?s=satvacart" target="_blank">SatvaCart</a>, a Gurgaon-based online grocery start-up, is raising $2 million in a new round and angel investors like Abhijit Avasthi, Karan Chellani and SP Vijay have already put in money.
According to a statement, the company has also appointed three senior industry professionals &#8211; Abhijeet Avasthi (Sideways), Sameer Bagul (EVP &amp; CFO, Cleartrip) and Sri Ramakrishnan, a marketing veteran with 20 years&#8217; of experience and a visiting faculty at IIMA with expertise in eGrocery &#8211; to its board of directors.
Last November, SatvaCart had <a style="color: #000080;" href="http://www.dealstreetasia.com/stories/india-dealbook-satvacart-gets-1-8m-funding-saina-nehwal-invests-in-paree-explara-raise-funds-from-ness-wadia-others-18699/" target="_blank">raised</a> nearly $1.8 million in second round of angel funding from existing investor <a style="color: #000080;" href="http://www.dealstreetasia.com/?s=Palaash+Ventures" target="_blank">Palaash Ventures</a> and others.
<h3>Public transport information provider Ridlr gets $6m</h3>
Public transport information provider Ridlr, which is run by Birds Eye Systems Pvt Ltd, has got $6 million in Series B round led by <a style="color: #000080;" href="http://www.dealstreetasia.com/?s=times+internet" target="_blank">Times Internet</a> and <a style="color: #000080;" href="http://www.dealstreetasia.com/?s=InnoVen+Capital" target="_blank">Innoven Capital</a>.
Existing investors like <a style="color: #000080;" href="http://www.dealstreetasia.com/?s=matrix" target="_blank">Matrix Partners India</a> and <a style="color: #000080;" href="http://www.dealstreetasia.com/?s=Qualcomm" target="_blank">Qualcomm Ventures</a> also participated.
Ridlr will use the funding for scaling up public transport ticketing, hiring and for increasing user base. The company also counts <a style="color: #000080;" href="http://www.dealstreetasia.com/?s=Indian+Angel+Network" target="_blank">Indian Angel Network</a> as its investor.
<h3>Investment banking platform BankerBay receives $2m</h3>
BankerBay Technologies Pte Ltd, an investment banking platform for M&amp;A and private equity deals, has received $2 million from a group of unnamed investors.
&#8220;The round included investors from prior rounds as well as new high profile family offices and global leaders in the investment banking industry,&#8221; the company said in a statement.
BankerBay, which is based out of Bangalore and Singapore, will use the funding for building sales, marketing and business development teams in London and New York.
Founded in 2012 by Ash Narain and Jayawickrama, BankerBay’s primary focus is the global mid-market segment that involves deals and investment opportunity ranging from $10 million to $250 million in transaction value.
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<a style="color: #ff0000;" href="http://www.dealstreetasia.com/stories/innoven-capital-india-loaned-12-million-to-eight-start-ups-in-q1-46601/" target="_blank">Temasek-backed InnoVen Capital India extends $12m debt to 8 startups in Q1</a>
<a style="color: #ff0000;" href="http://www.dealstreetasia.com/stories/india-dealbook-16-36365/" target="_blank">India Dealbook: Mukesh Bansal backs Cult; Haptik raises funds from Times Internet; Process9 gets pre-Series A funding</a>

Satvacart is raising $2 million, Ridlr has got $6 million, BankerBay has received $2 million funding.

India Dealbook: Satvacart, Ridlr & BankerBay raise funds

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