India Dealbook: TBS Planet, Gurukul & XPrep fundraise

Startups like comic studios TBS Planet Comics, co-working space provider Gurukul and ed-tech company XPrep have raised funding.

TBS Planet gets angel funding

TBS Planet Comics, a Bangalore-based firm, has raised an undisclosed amount from angel investors like Amit Singal, founder of Startup Buddy and Rohit Prakash, founder of HuHuba Comics Reader founder.

As part of the investment, Singal has joined the board of the company. “Comics are making a comeback in a big way and there is enough opportunity in the domestic market. There have been a few very big players for a very long time who have introduced great heroes. It is time India created its own,” said Singal.

TBS Plant was founded in 2016 by Rajeev Tamhankar, an IIT Roorkee alumnus. It publishes paperback and digital comics and graphic novels.

“This funding round will help us move closer to our goal. Our investors come from varied backgrounds – while some have been founders of successful startups, some are seasoned professionals from leading globally-renowned companies such as Microsoft and Flipkart,” said Tamhankar.

Creator’s Gurukul raises funds

Cricketer Yuvraj Singh-backed co-working space provider Creator’s Gurukul has raised an undisclosed amount of funding from investors like Rajit Nanda, CIO of ACWA Power, Dubai; Smarak Bhuyan, an investor based out of the Bay area, California and Sashwat Brahma senior banker and an environmentalist based out of Singapore.

Founded in 2016 by Abhinav Tandon and Mohammed Sirajuddin, Creator’s Gurukul is looking to open its first centre, a 500-seat space in Gurgaon. It also plans to launch two centres in Mangalore and Delhi by the end of the year, according to an official statement.

The startup raised an undisclosed amount from Singh in July this year. As part of the investment, Singh also joined board as a partner and brand ambassador for the startup.

Ed-tech firm XPrep secures funding led by Rising Stars

Delhi’s tutorial platform XPrep has received an undisclosed sum in funding led by Netherlands-based venture capital fund Rising Stars.

Other investors like Yatra’s co-founder Manish Amin, Knowlarity’s co-founder Pallav Pandey, and Chavi Jafa, head of business solutions, South Asia at payments firm Visa, also took part in the round.

XPrep will use the proceeds for enhancing its technology, expanding product portfolio and hiring people.

The company is also in advanced talks to raise a follow-on round of capital, as per a statement.

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