India Dealbook: KidzByte bags seed funding; Indifi’s Alok Mittal, others back Baxi-Fresh

KidzByte founders Chetan D’Souza and Swagat Salunke

Interactive educational news app for younger readers KidzByte, and micro-delivery startup Baxi-Fresh are among the latest Indian startups to have secured funding.

KidzByte raises seed funding

KidzByte MediaTech Pvt. Ltd., which operates educational news app KidzByte, has raised Rs. 2 crore in seed funding from serial entrepreneur Pranay Goyal.

Founded by marketing and communication professionals, Chetan D’Souza and Swagat Salunke, KidzByte will use the investment primarily towards further scaling its technology, expanding its user base and resources.

KidzByte, which caters to younger readers, has already seen over 20,000 app downloads. The app is updated with daily news from around the globe, across a number of categories like India and world, career & education, science & discovery, and more.

Indifi’s Alok Mittal, others back Baxi-Fresh

Micro-delivery startup Baxi-Fresh has raised Rs 2 crore in a new bridge round from existing investors, including Alok Mittal, founder and CEO of Indifi Technologies, angel investor Nitin Singhal, and Mahendra Pratap, founder of Shiksha Infotech.

The company plans to use the funds to expand and launch its delivery services in 200 residential neighbourhoods in Gurugram and New Delhi region by July this year, it said in a statement.

Baxi-Fresh currently serves homes in 20 sectors in Gurugram and one in Dwarka. The company already has a fleet of 900 part-time bikers.

Also Read:

India Dealbook: Ariana CEO backs iChamp; Sequoia, Leo Capital invest in Bulbulshop

India Dealbook: Venuelook raises pre-Series A; New Street Tech bags $2m

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.