Vyomo Bags $15M from Naturals; Rebrands itself as [email protected]
Delhi-based Mobile Beauty and Wellness services startup Vyomo, which is already backed by YouWeCanVentures, has raised about $15 million in Series A round of funding led by salon chain Naturals. With this investment, Vyomo has been re-branded itself as Naturals @Home. Naturals has taken the controlling stake in the company and Abhinav Khare, Founder, Vyomo will remain the CEO. Naturals founders – Veena. K and CK Kumarvel will join the board of the company. Read More.
Blue Box Media Secures Angel Fund from a Group of Investors
Jaipur-based Blue Box Media has raised an undisclosed amount of angel funding led by Mahavir Pratap Sharma (founder and director of Oscar Exports) and Ajay Data (CEO of Data Infosys Ltd). The round also saw participation from existing investors Yogesh Chaudhary (director at Jaipur Rugs), Sanjay Phophaliya, Siddharth Agarwal (CEO of Silkasia) and Kamal Kothari.
Blue Box Media was founded in 2011 by Pawas Jain and Deepanshu Khandelwal. It is the parent company which owns and operates two platforms – The Tech Portal and Springtide. The company will use the funding to expand its technology and editorial teams, and for marketing the mobile app of The Tech Portal. It will invest more into video content and for expanding into South East Asia going forward. Read More.
Fashion eCommerce App Hippily Raises $250k in Seed Round of Investment
Mumbai-based fashion eCommerce app Hippily has raised $250K in seed round of funding from a group of high-profile angel investors across India, USA, and Singapore.
Hippily which was founded in 2013 by Dr. Viswanath Ramachandran and Prajakt Deolasee, offers curated trendy fashion products, looks, and collections, especially for women to discover, shop and share from a wide variety of online stores. Further, it employs software algorithms and inputs from social media to personalise the shopping experience for women. Read More.