India Dealbook: Mobile app Bobble, financial services platform Loanbaba & hotel aggregator Deyor Rooms raise funds

Visuals taken from Bobble website

In a spate of small-ticket sized deals in India, Talent Unlimited Online Services Pvt Ltd, a parent firm of mobile application Bobble, online lending platform Loanbaba.com and budget hotel aggregator Deyor Rooms, have raised funding.

Bobble raises funding from SAIF Partners, others 

Bobble, which converts selfies into comical stickers, has raised Series A round of funding from venture firm SAIF Partners and others, VCCircle has reported.

The company will use the funding to expand its footprint into foreign markets like Southeast Asia as well as establish itself as a full-fledged instant messaging platform.

Touch Talent.com is also owned by Talent Unlimited Online Services and backed by SAIF Partners and other investors like Deep Kalra.

Bobble was founded by IIT Delhi alumni Ankit Prasad and Mohd Wassem. The app claims to have  3.5 million users currently.

Loanbaba receives angel funding

Mumbai-based Sahas Technologies Pvt Ltd, which runs online lending marketplace Loanbaba.com has received $320k in angel funding from a group of angel investors, according to a VCCircle article.

The money will be used for marketing and technology.

Loanbaba was founded by Sanket Hasabnis and Satchit Hasabnis. A CA by education, Sanket worked with Transcend Services and AD’s Consultancy Services before co-founding this venture while Satchit was working with Caparo Financial Services and did his MBA in finance from ICFAI.

Loanbaba provides financial products such as home loans, personal loans and car loans. The startup has tie ups with NBFCs and banks.

Deyor Rooms raises funding from Redcliffe Capital’s Dheeraj Jain, others

Deyor Inns Pvt Ltd, which runs online marketplace Deyor, has raised $500k from Redcliffe Capital’s Dheeraj Jain and other unnamed investors, VCCircle reported.

As a part of the investment, Jain has joined the board of Deyor and has become a co-founder.

Founded by Sanjeev Newar and Chirag Gupta, Deyor was started in September 2015 and focuses on pilgrim towns and tourist destinations.

The startup will use the funding to expand operations, standardise hotel rooms and enhance marketing.

It has tied up with hotels in 22 cities including Mathura, Noida, Mumbai, Rishikesh, Shimla and Ranikhet.

Also Read: 

India Dealbook: TVS Capital hikes stake in IEX to 4%; Budget hotel chain Qik Stay raises $250k from ID Enablers

Singapore: Budget hotel platform RedDoorz raises pre-Series A funds from Jungle Ventures

Former Lightspeed Venture exec Maninder Gulati joins India’s budget hotels site OYO Rooms

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.