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.

Also Read:

India: Fashion retailer Jabong struggles to find buyer, ready to sell for $100m

India: Reliance Industries launches fashion portal Ajio.com

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.