The latest in the startups space in India has seen pet-related information provider TailsLife, online event booking platform BookEventz, fashion app LookAtMe and retailers networking platform Netree all raise funding.
Bangalore-based TailsLife receives seed funding
Bangalore-based online pet-related information provider TailsLife has received an undisclosed amount in seed funding from investors including Encube Venture Partners, Mohan Kumar of Norwest Ventures, V Balakrishnan of Exfinity Ventures, Satish Tembad, Vineet Jain and Nishanth Ramkutty.
“We will use the funds to enhance the product and technology, scale up to new cities, as well as to hire talent for tech, design, sales and operations,” said Balaji Ramesh, co-founder and CEO of TailsLife.
Founded in November 2015 by Ramesh and Kanishk Lihala, TailsLife provides content and services for pet care needs. The app is available on both Android and iOS platforms.
BookEventz secures angel funding led by Mumbai Angels
BookEventz, a Mumbai-based event booking portal, has secured an undisclosed amount in an angel round led by Mumbai Angels.
Girish Mathrubootham from The Chennai Angels, PanZeea Solutions’ Anbu Pandian and other investors on LetsVenture, also participated in the round.
“BookEventz is creating a marketplace to make event bookings easy, quick and efficient by providing comprehensive, end-to-end event planning solutions. The company is seeing tremendous growth and the founders’ vision is to make BookEventz India’s largest event booking platform,” said Shanti Mohan, founder, LetsVenture.
BookEventz, formerly known as Urbanrestro.com, was founded in 2012 by Shriti Chhajed, an engineer and MBA from SP Jain, along with Harsh Baid, an IIT-Bombay and IIM-Lucknow alumnus.
Last year in Dec, the company had raised an undisclosed amount of funding in a second round led by Mumbai Angels and other investors including Singapore Angel Network and serial investor Zishaan Hayath.
Eros Labs backs fashion based social media mobile app LookAtMe
Eros Labs has backed fashion based social media mobile application LookAtMe with an undisclosed sum.
Founded in 2016 by Nakul Kapur, a former Paytm executive, LookAtMe allows users to get advice on what will look good on them. Users can get professional stylists and community members to rate their looks, get advice on what to wear, and even shop for looks directly from the app.
The startup will use the money for increasing its team and enhancing technology.
“We are ‘bottom up’ or personalised. Clothes look very different on different people. What looks good on celebrities, may not look good on a vast majority of normal people. Our platform allows users to get advice on what will look good on them. We intend to leverage the infrastructure built by the big e-commerce players and run as an affiliate to them,” said Kapur.
Delhi-based Netree gets pre-Series A funding
Netree, a Delhi-based retailers networking startup, has got an undisclosed amount of funding in a pre-Series A round led by The Chennai Angels (TCA) and LetsVenture.
Gowrishankar Subramanian, CEO at Aspire Systems, led the round on behalf of TCA.
Netree provides solutions for retailers and businesses enabling seamless integration of retailers with their customers and suppliers, thereby improving productivity of inventory, customer relationship and sales engagement. It was founded in April 2012 by Desi Valli.
The startup will utilise the funding for technology enhancement, business development, and expansion.
“We feel the understanding of the retail market, quality of the solution, initial marquee customer adoption, potential scale of the market and hunger of the entrepreneur makes Netree a strong candidate for investment,” said Subramanian.