India Dealbook: YatraGenie raises Series A round; Fashion startup Zapyle bags $1m; Star Health Insurance eyes $60m via PE route

India Dealbook: YatraGenie raises Series A round; Fashion startup Zapyle bags $1m; Star Health Insurance eyes $60m via PE route

Visual sourced from Yatragenie website

The Indian consumer sector is coming of age with as many as 15-20 million internet users transacting online. As a result, India’s vibrant e-commerce startup space is witnessing a huge traction as far as funding is concerned. Bus and cab ticket booking platform YatraGenie has raised fresh funds to expand its operations across India, fashion startup Zapyle has raised $1 million in fresh funding. In another sectoral development, financial services player Star Health Insurance is reportedly eyeing $60million from a bunch of private equity investors to fund its expansion plans.

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