India Dealbook: Startups Crayon Data, MedsOnWay, The Office Pass raise funds

Big data company Crayon Data, e-pharmacy MedsOnWay and co-working space startup The Office Pass have raised funds.

Kris Gopalakrishnan backs big data firm Crayon Data

Infosys co-founder Kris Gopalakrishnan has invested an undisclosed amount in Singapore and Chennai-based big data company Crayon Data, according to a report in The Economic Times.

Crayon Data already counts Jungle Ventures, Tata Sons chairman emeritus Ratan Tata, Mitsui & Co, and a number of angel investors among its backers.

The investment, which is a part of  Crayon’s Series A2 round of funding, will be used to enhance its flagship product Maya, and expand its global footprint.

Founded in 2012, Crayon had earlier raised around $10 million in seed and Series A funding from investors such as Jungle Ventures and Spring Seeds, after which Japanese conglomerate Mitsui had also invested an undisclosed amount.

RPG Ventures invests $600k in e-pharmacy MedsOnWay

Pune-based e-pharmacy MedsOnWay has raised $600,000 in funding from RPG Ventures, the venture capital arm of RPG Group.

The startup plans to raise a new round soon to fund its expansion plans. It claims to cater to 250 orders per day and having served over 25,000 customers.

Founded in 2015, MedsOnWay allows users to search for medicines, upload prescriptions and get medicines delivered at their doorstep through a mobile app.

The investment is part of RPG Group’s strategy to use RPG Ventures to incubate and build new businesses. Earlier this year, it invested $1 million in Seniority – an online portal that sells elderly care products to senior citizens.

PropTiger CEO backs co-working space startup The Office Pass

Co-working space startup The Office Pass has raised an undisclosed amount of funding from Dhruv Agarwala, chief executive officer of PropTiger and, as well as some independent investors.

The Office Pass was founded by Aditya Verma, co-founder and former CEO of, which was acquired by PropTiger in 2015. Verma left PropTiger in late 2016.

“Starting January, we would look to launch at least one-two facilities, with an average seating of about 250-300 every quarter,” Verma said in an interview to Mint. Two new centres will come up in Gurugram early next year, followed by one in Noida, he added.

In March, the startup had opened its first 65-seater co-working space in Gurugram.

Also Read:

India: Mitsui invests in Ratan Tata-backed Crayon to fund its global expansion

Ratan Tata backs Jungle Ventures-funded SG startup Crayon Data

RPG Ventures invests $1m in elderly care products portal Seniority