India Dealbook: MobiKwik, DataTrained, ImpactGuru, Generico, Oliva, Flip Flop Hub raise funds

Fintech startups MobiKwik, ImpactGuru, education technology firm DataTrained, pharmacy chain Generico, skincare brand Oliva and footwear retailer Flip Flop Hub have secured new rounds of funding, in a spate of startup funding news.

MobiKwik secures $3.4m fresh funding from existing investors

Fintech firm One MobiKwik Systems Pvt. Ltd, which operates MobiKwik, has raised around Rs 24 crore ($3.4 million) in a fresh round of funding led by existing investor Sequoia Capital India, according to media reports quoting regulatory filings. Sequoia led the round through a Rs 15 crore investment, while the remaining funds came from other existing investors South Africa’s Net 1 UEPS Technologies Inc and Japan-based GMO Payment Gateway.

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