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