<article>While e-commerce firm ShopClues has raised a $1 million bridge round, Ankur Capital has put in $500,000 in Agricx. Also, Invoice Bazaar has invested in ODeX.</article>

While e-commerce firm ShopClues has raised a $1 million bridge round, Ankur Capital has put in $500,000 in Agricx. Also, Invoice Bazaar has invested in ODeX.
<h3>ShopClues raises $1m bridge round from Unilazer Ventures</h3>
E-commerce firm <a href="http://dealstreetasia.com/tag/shopclues" target="_blank" rel="noopener">ShopClues </a>has raised a $1 million bridge round from Ronnie Screwvala-led <a href="http://dealstreetasia.com/tag/unilazer" target="_blank" rel="noopener">Unilazer Ventures</a>.
According to a Times of India<a href="https://timesofindia.indiatimes.com/companies/amid-fund-crunch-shopclues-raises-1-mn-bridge-round-from-unilazer-ventures/articleshow/62993178.cms" target="_blank" rel="noopener"> report </a>quoting information by Paper.vc, Clues Network, which owns ShopClues, has allocated about 1,027 equity shares to the Indian subsidiary for raising this round.
The Gugraon-based company&#8217;s last major round of investment came in 2016, when it raised $100-140 million from Singapore’s sovereign wealth fund GIC Pte Ltd, and existing investors Tiger Global Management and Nexus Venture Partners, at a valuation of over $1.1 billion.
Since then the company has raised some rounds of venture debt.
Founded in 2011, ShopClues had last closed an ads-for-equity deal with the Times of India group in September 2017.
<h3>Ankur Capital invests $500k in Agricx</h3>
Impact investor <a href="http://dealstreetasia.com/tag/ankur-capital" target="_blank" rel="noopener">Ankur Capital</a> has made a fresh investment of $500,000 in Agricx&#8217;s seed round.
IIM Ahmedabad’s Centre for Innovation Incubation and Entrepreneurship also participated in the funding round.
The Thane-based company plans to use the funding to to expand its crop range and quality parameters to deliver an easily accessible, quantifiable and affordable solution for food produce quantification.
Agricx has developed a mobile application that uses computer vision and artificial intelligence on images to yield objective, accurate and faster quality assessment of agricultural produce. Agricx currently offers a solution to warehouses and enterprise clients with a 
plan to expand across food produce supply chain.
<h3>Invoice Bazaar invests in ODeX</h3>
FinTech supply chain finance platform Invoice Bazaar has made an investment of an undisclosed amount in online document exchange platform ODeX.
In lieu of its investment, Invoice Bazaar has picked up a minority stake in ODeX.
The investment from Invoice Bazaar will be used towards expanding ODeX’s footprint in Middle East as well as towards product development, according to an official statement.
On the other hand Invoice Bazaar is seeking to expand its Supply Chain Finance reach to the shipping industry through this minority acquisition.
&#8220;This is purely a strategic investment. ODeX has a strong management team with deep understanding of the shipping ecosystem. We are seeking to leverage their platform to expand our presence in the shipping niche,&#8221; said Anand Nagaraj, CEO of Invoice Bazaar.
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<a style="color: #ff0000;" href="https://www.dealstreetasia.com/stories/india-dealbook-192-90531/" target="_blank" rel="noopener">ERC Eye Care raises $1m from Ankur Capital, Ennovent, others</a>
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While ShopClues has raised a $1 million bridge round, Ankur Capital has put in $500,000 in Agricx. Also, Invoice Bazaar has invested in ODeX.

India Dealbook: ShopClues, Agricx, ODeX raise funding

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