India Dealbook: MishTag, Fashalot raise seed funding; Indus Net Technologies buys TechShu

Kolkata-based Indus Net Technologies has acquired majority stake in TechShu. Fashalot, a location-based fashion and store discovery mobile platform, has raised an undisclosed amount of funding. Shopping Q&A app MishTag has raised funding from Hiro Mashita’s M&Y Partners.

MishTag raises seed funding from M&Y Partners & others

mishTag, a shopping Q&A app, has raised an undisclosed amount of funding from M&Y Partners, SVG Media, Anthil Ventures and other unnamed investors.

It’s also being supported by 91springboard, along with several entrepreneurs and thinkers from the internet industry, the company said in a press note.

Through the app, users can ask any questions around fashion, lifestyle and home décor. mishTag has plenty of fashionistas, stylists, designers and specialists on the platform helping shoppers with their opinions, answers and product recommendations. It currently has a user base of 10,000.

Fashalot raises funding from YourNest, Rajul Garg

Fashalot has raised an undisclosed amount of funding in a round led by YourNest Angel Fund and investor Rajul Garg.

Location-based fashion and store discovery mobile platform will use the money for product development, hiring and for expansion plans. It currently operates in Delhi, NCR and Bangalore.

YourNest Angel Fund, a $20 million VC fund, is managed by YourNest Capital Advisors Pvt Ltd. Its other investments include in the companies like Aahaa, an online office supplies superstore specialising in indirect purchases; Momark, a mobile based marketing solution company; GolfLan Technology Solutions, a leading online marketplace; IT firm Uniphore and others.

Indus Net Technologies buys TechShu

Indus Net Technologies, a Kolkata-based company, has acquired majority stake in digital marketing firm TechShu Consultancy Pvt Ltd.

Kolkata-based TechShu was founded in 2009 by Aji Issac and Prabhanjan Panigrahi. It provides services like search engine optimisation (SEO), social media marketing, email marketing, conversion rate optimization, affiliate marketing, local SEO, website design, website development, online reputation management and pay per click (PPC).

Post acquisition, Techshu will be renamed as Indus Net TechShu.

Founded in 2008, Indus Net Technologies provides web and flash designing, mobile application and SEO specialist services.

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