Shown Above: Zipgrid Founders, Jaydip Popat and Kunal Gupta
#Fundingwire is your dose of notable investment announcements in the technology ecosystem. Firms which have recently announced fresh funding rounds include Zipgrid, AdPushup, Mojarto, Transport on Demand and VSY Travels
Mumbai-based Zipgrid which provides services management software for housing societies and communities, has raised $200,000 in equity funding. The investment was raised via crowdfunding platform 1Crowd.
The company was founded by Jaydip Popat and Kunal Gupta, and has operations in Mumbai and Ahmedabad. It aims at providing economical tech driven solutions in areas of accounting, finance, compliance and control management. Read More
Delaware-based AdTech startup AdPushup has raised an undisclosed amount in Series A round of investment. The round was led by Japan-based AdTech firm Geniee, Inc., with participation from existing investors and Chicago-based investment firm Purvi Capital.
AdPushup was founded in New Delhi in 2013 by Ankit Oberoi and Atul Agarwal. The company had raised $632,000 in angel investment in October 2014 from a consortium of investors. Read More
Mojarto, which is a subsidiary of NDTV owned OnArt Quest, has raised $445,000 in its first round of investment. The names of the investors haven’t been disclosed yet.
Founded in December 2015 by Manisha Lath Gupta and Tara Roy, the portal allow users to discover and buy artwork listed from different artists, galleries, brands etc. Read More
On demand intra-city logistics startup Transport-on-Demand(ToD) has raised $150,000 from angel investor Dhruv Taneja. It’s application connects users directly with truck drivers and allows reverse bidding.
ToD was founded in January 2015 by Yash Vasant. It is further looking raise a second round of $2 million. Read More
Kerala-based travel startup, VST Travels has raised Rs 1.8 crore from Dubai-based Promatus Group. The investment will be used for development and marketing of its application – VehicleST.
The firm was founded by Alvin George and is incubated by Kerala State Industrial Development Corporation (KSIDC). Its app allows travellers to book tickets for various modes of transportation ranging from buses to flights to also locate ambulances, bulldozers etc. Read More