India Digest: 19thMile, Spanugo get funds; Mobycy to raise $3m; Tata’s lending platform

Photo: Reuters

In the startup space, sales acceleration platform 19th Mile has raised around Rs 1.2 crore ($180,000) in an angel round of funding, Spanugo has secured investment from Ideaspring Capital and The Fabric, while Gurugram-based bike sharing platform Mobycy is in advanced talks to raise $3 million from Venture Catalysts, IDG Ventures and Orios Venture Partners. In another development, Tata Capital has launched an online working lending platform for its customers.

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