India Dealbook: Rainmatter invests in LearnApp; IP Ventures backs Tabono Sports

Photo: Reuters

Digital stock broking platform Zerodha has invested Rs 2 crore in digital learning platform LearnApp while Tabono Sports has raised an undisclosed amount in a pre-series A round of funding from Inflection Point Ventures (IP Ventures).

Rainmatter invests in LearnApp

Digital stock broking platform Zerodha has invested Rs 2 crore in digital learning platform LearnApp through its incubator and investment fund Rainmatter, according to an announcement. Founded in August this year by Prateek Singh, Ankush Oberoi, Swati Sharma and Sohail Alam, LearnApp offers educational material, mainly on markets and investment, through videos and live online classes. The startup plans to use the funding proceeds to expand its video offering besides ramping up technology platform. LearnApp claims to have 25 video courses online, produced with help from top executives of financial companies and major fund houses.

IP Ventures backs Tabono Sports

Gurugram-based sports and fitness company Tabono Sports has raised an undisclosed amount in a pre-series A round of funding from Inflection Point Ventures (IP Ventures). The funding has valued the sports startup at Rs 17 crore, The Economic Times reported. The funds will be used to expand business development, marketing and technology teams to operate projects Tabono has planned across India with a focus on tier-II and tier-III cities. Tabono currently organises sporting events in three cities: Millennium City Marathon in Gurugram, Lucknow City Half Marathon and Madurai 10km Run.

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