India Dealbook: Bakbuck, Saahas, StyleDotMe raise funding

Photo: Reuters

By Pramugdha Mamgain

May 7, 2019

Indian startups continue to attract investor attention. Bakbuck, Saahas, and StyleDotMe are among the latest startups to have raised funding.

Nazara invests in Bakbuck

Mobile games developer Nazara Technologies Ltd has invested an undisclosed amount in vernacular social contesting platform Bakbuck, the latter said in a statement.

Bakbuck, which is currently available in Hindi, will use the funds to expand into 10 more Indian languages in the coming months. It will also use these funds to enhance product development, acquire new users and build a strong community of women while delivering unique gaming and social contesting experiences.

C4D Partners backs Saahas

Saahas Waste Management Pvt. Ltd, which operates as Saahas Zero Waste, has raised Rs 6 crore ($868,600) in a fresh round of funding led by new investor C4D Partners.

Indian Angel Network (IAN), Lesing-Artha Ventures and Asha Impact also took part in the round.

The startup will use the funds to enhance collection and aggregation of all types of non-biodegradable waste, including low-grade plastics, through setting up of material recovery facilities that have the appropriate technology to maximise recovery of resources.

IAN, others invest in StyleDotMe

Fashion startup StyleDotMe has raised an undisclosed amount in funding from the Indian Angel Network (IAN) and other angel investors, per a statement.

IAN investors who took part in the round included Ambarish Raghuvanshi, Ajay Gupta, Deval Tibrewalla, Hari Balasubramanian, Rajan Anandan, Dr. Saurabh Srivastava and Raman Roy. Innov8 founder Dr. Ritesh Malik, Rohit Chanana, Josh Talks founder Supriya Paul and Shobhit Banga also participated in this round.

The startup will use the funding to bolster its operations, strengthen team, increase presence across the country, and source new clients.

Also Read:

India Dealbook: Dr Sheth’s, Rapawalk, FreshoKartz raise early-stage funding

India Dealbook: Edtech startup WhiteHat Jr, cab aggregator Routematic raise funding

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.
APPLY NOW

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.
APPLY NOW