Delhi-based GoYaNo has raised $50,000 as seed funding from an angel investor to fund its expansion plan. Meanwhile, Kolkata-based health care startup iKure plans to raise $3-5 million from global investors in the next six months.
GoYaNo raises $50k seed funding from angel investor
The company is also in advanced talks with some angel networks including Chandigarh angels and some VC firms to close another round of funding by March end, Nitin Sharma, co-founder of GoYaNo, told DEALSTREETASIA.
“The current funding is being used primarily to develop a world class product. The company is also investing money in business development activities,” Sharma said.
While the startup is present in the Delhi-NCR region currently it plans to expand to six cities by end of this year.
GoYaNo is a marketplace which enables restaurants, artists, event managers to list events and real time offers. It is built as a social platform where users can follow and chat with their favourite restaurants, artists and like minded community to ensure they do not miss any events and offers or any other important information.
Users can thus discover & book personalised geo-located events through the platform.
Kolkata-based iKure plans to raise $3-5 million in next six months
“We plan to use the proceeds to scale up our operations to 50 blocks in eight states, strengthen team size, upgrade technological capabilities as well as train 500 community members,” said Sujay Santra, promoter of iKure and an ex Oracle employee.
The company has so far raised close to Rs 2 crore in the past two years by offloading nearly 30 per cent stake.
Formed in 2010 with seed fund support from WEBEL venture, iKure has already raised angel rounds from reputed high net worth individuals of Calcutta Angels, I3N, Mumbai Angels among others.