<article><p>Scooter sharing platform Bounce, Vikram Chandra&#8217;s Editorji, startup studio Technology 9 Labs, and healthcare firm Docturnal are among the latest Indian startups to raise funds.</p></article>

<p>Scooter sharing platform Bounce, Vikram Chandra&#8217;s Editorji, startup studio Technology 9 Labs, and healthcare firm Docturnal are among the latest Indian startups to raise funds.</p>
<h3>Bounce secures $3m from InnoVen</h3>
<p>Bounce, a scooter sharing platform formerly known as Metro Bikes, has raised $3 million in debt funding from venture debt firm InnoVen Capital, as per an announcement. The funding will be used by the startup to fund expansion plans and establish a pan-India presence.</p>
<p>Founded in 2014 by Vivekananda HR, Varun Agni and Anil G, Bounce had raised $12.2 million in a Series A funding round led by Sequoia Capital and Accel Partners in August this year.</p>
<p>The average cost per kilometre by Bounce is Rs 6, and the team claims to have seen over 2,00,000 downloads on its Android and iOS platforms. Its services are currently available in cities including Bengaluru, Hyderabad, Mysore, Jaipur, Udaipur, Belagavi, Manipal, and Jaisalmer, among others.</p>
<h3>Airtel backs Vikram Chandra&#8217;s Editorji</h3>
<p>Telecom company Bharti Airtel Ltd, through its subsidiary Nettle Infrastructure, has invested about Rs 20 crore ($2.7 million) in former NDTV chief executive Vikram Chandra-led Editorji Technologies Pvt. Ltd, <strong><a href="https://www.vccircle.com/bharti-airtel-invests-in-vikram-chandra-s-news-video-app">reported</a></strong> <em>VCCircle</em>.</p>
<p>Earlier in May, HT Media had picked up a 10 per cent stake for Rs 10 crore in Editorji, which has launched an eponymous app that produces 15-second news videos. The app allows users to skip stories they don’t want to see with just a swipe, create their own newscast, record their opinions and share it on social media or with their friends and family.</p>
<p>HT Media and Airtel together own about a third of the Delhi-based company, the report said.</p>
<h3>Spiral, Mynavi invest in startup studio T9L</h3>
<p>New Delhi-based startup studio Technology 9 Labs (T9L) has secured an undisclosed amount in funding from Japanese venture capital firm Spiral Ventures and Mynavi Corporation.</p>
<p>The funds will be used by T9L to build infrastructure and hire staff. Established in 2014, T9L has so far worked with 19 companies including CrownIt, Docquity, BroEx, Gigstart, SpotDraft, and NirogStreet, to name a few.</p>
<p>The company intends to help launch over 200 start-ups and transform them into scalable businesses in a period of five years globally including in South Asia, America, and Africa.</p>
<h3>Docturnal bags funding from Mumbai Angels</h3>
<p>Docturnal Pvt. Ltd, a healthcare startup focused on non-invasive screening solutions for tuberculosis, has raised an undisclosed amount in funding from Mumbai Angels Network, <em>VCCircle</em> <strong><a href="https://www.vccircle.com/mumbai-angels-network-invests-in-healthcare-startup-docturnal">reported</a></strong>.</p>
<p>Quoting a statement, the report said, 11 investors from the network have invested in Docturnal including, Akshay Mittal, founder of basmati rice maker Sagar Basmati Rice; angel investor Abhijeet Birewar; and Shantanu Agarwal, executive director at automotive furnishing fabric manufacturer BMD Pvt. Ltd, among others.</p>
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Scooter sharing platform Bounce, Vikram Chandra's Editorji, startup studio Technology 9 Labs, and healthcare firm Docturnal are among the latest Indian startups to raise funds.

India Digest: Bounce, Editorji, T9L, Docturnal secure funding

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India Digest: Bounce, Editorji, T9L, Docturnal secure funding

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