While startups Paperflite, ZiffyHomes and Skillate have raised funds, train travel app RailYatri has acqui-hired YatraChef.
Paperflite raises $400k seed funding
SaaS Startup Paperflite has raised seed funding of $400,000 in a round led by The Chennai Angels.
According to an official statement, Girish Mathrubootham, Founder and CEO of Freshworks; T R Santhanakrishnan, CEO of Datatracks and ex-CFO of Sutherland Global Services; and Mithun Sancheti, CEO of Caratlane participated in the round as part of The Chennai Angels, amongst others.
The round also saw participation from Like Mind Ventures led by Krishnan Srinivasan and an HNI group led by Adrian Rusu from Singapore, both of whom will join the Paperflite board as Observers.
US-based Paperflite Inc, which also has offices in India, is a content enablement software for marketing, sales and channel partners.
ZiffyHomes raises $314k from angel investors
Gurgaon-based home rental marketplace ZiffyHomes has raised seed funding of Rs 2 crore ($313,600) from individual investors.
The round was led by Bikky Khosla, angel investor and CEO at TradeIndia.com and Anirudh Agarwal, Managing Director at Shree Sharda Group. The duo will also join ZiffyHomes’s board, the company said in a statement
Established in May 2015, ZiffyHomes is an online discovery platform for rental accommodation.
“With these funds, we plan to foray into studio apartments segment which would further cater to niche section of executive class accommodation,” said Sanchal Ranjan, CEO & Co-Founder, ZiffyHomes.
With a presence in Delhi-NCR, ZiffyHomes plans to provide services across all smart cities of India, and the current funding will help the company expand its operations.
HR Tech startup Skillate raises funds from Incubate Fund India
Incubate Fund India, an early-stage investment firm backed by Japan’s leading seed focused Incubate Fund, has invested an undisclosed amount of funding in HR tech startup Skillate, according to an Inc42 report.
Industry expert and Zyoin director Anuj Agrawal also participated in the latest round of funding.
According to the news report, the company plans to use this funding to accelerate product development, expand its team and bolster marketing initiatives to ramp up its customer base in India and abroad.
Founded in 2016, Skillate aims to empower recruiters to hire the best talent using artificial intelligence and machine learning.
Train travel app RailYatri acqui-hires YatraChef
Train travel app RailYatri has acqui-hired Kochi-based food-delivery technology startup YatraChef.
Subsequent to the deal completion, YatraChef’s team will manage the pan-India supply side of RailYatri’s in-transit delivery business.
Noida-based RailYatri, which is backed by Google’s accelerator programme, claims to have strengthened its supply-side commerce capabilities, as it continues to add new offerings to its travel marketplace, according to a statement.
“YatraChef’s skills will help us jointly develop new offerings that would re-define the traveller experience with RailYatri. We are delighted to have them on board,” said Manish Rathi, CEO, and co-founder of RailYatri.
YatraChef was founded in 2013 by Rameez Ashraf and Arun Rajan with an aim to serve restaurant food for passengers of Indian Railways.