Beenext, Beenos, Digital Garage and BizReach joined the round
By Anirban Sen
For VC firms, particularly home-grown ones, any cash is welcome.
Online marketplace for used automobiles Droom is looking to raise up to $50 million next year, while Tata Sons is planning to set up a startup incubator. Droom looks to raise up to $50 million funding next year After raising around $33 million in its Series B round of funding earlier… Read more »
Digital Garage, Beenos and some other undisclosed investors also participated in the round. Healthians aggregates local pathology laboratories on its platform, competes with a number of diagnostics chains, including Dr Lal PathLabs, and SRL.
This is the fifth-largest deal ever in the Indian start-up business and is expected to give an attractive exit to Citrus Pay investors, Ascent Capital and Beenos and Sequoia Capital, in particular.
Bangkok-based E-commerce company Zilingo has closed an $8 million Series A investment in a round led by Venturra Capital, Sequoia India and Susquehanna International Group. Other participating investors were Wavemaker Partners, Beenext, Beenos and Digital Garage.
Droom’s existing investors, Lightbox Ventures and Beenos, also participated in the latest round along with new institutional investors from China and Japan, founder Sandeep Aggarwal said.
Philippine financial technology (fintech) company Ayannah is in the process of raising $3 million in its Series A round led by 500 Startups and Life.SREDA, and other fintech tech investors have already participated in the financing round.
The startups, that got funded and their ideas validated, represented segments such as online payments, fintech, teleradiology, realty and job platforms and software services