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Latest deals...
 
US-based mobile applications loyalty and rewards platform company Lootsie receives USD 3.5 million funding from group of investors
28-January-2015 | Mobile Media & Applications | Investments
US-based mobile applications loyalty and rewards platform company Lootsie received USD 3.5 million in funding from group of investors in seed funding round. The investors participating in the current funding round included Tim Kendall, Michael Liou, Anthony Saleh, and Brad Schwartz. The company plans to use the proceeds from the current funding round for scaling up its platform. The current investment takes total funds raised by the company to date to USD 4.8 million. Lootsie, founded in 2012 by Marc Mitchell (CEO) and Brandon Werber, provides a loyalty and rewards platform that can be integrated into mobile games and applications.
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US-based email marketing automation solutions platform company Iterable Inc. raises USD 1.2 million funding from group of investors
28-January-2015 | Enterprise Software & Services | Investments
US-based email marketing automation solutions platform company Iterable Inc. received USD 1.2 million in funding from group of investors in seed funding round. The investors participating in the current funding round included Merus Capital, 645 Ventures, TEEC Angels, 500 Startups, Yun-Fang Juan, and Thomas Korte. The company plans to use the proceeds from the current funding round for expanding its business, expanding its team, and for building new growth hacking and mobile features. Iterable, founded in 2013 by Justin Zhu (CEO) and Andrew Boni, provides email growth hacking and marketing automation solutions platform.
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Indian online recruitment platform operator Aasaanjobs raises USD 1.5 million in funding from Inventus Capital and IDG Ventures
28-January-2015 | Online recruitment | Investments
India-based online recruitment platform operator Aasaanjobs Pvt. Ltd. raised USD 1.5 million in funding from Inventus Capital and IDG Ventures. The company plans to utilize the proceeds from the current round of investment to further develop its platform, expand its operations in Mumbai by setting up a verification centre as well as to further grow its services in Tier I Indian cities. Founded in 2013 by Dinesh Goel, Ishank Gupta, Guarav Toshniwal, Aditya Gupta and Kunal Jadhav, Aasaanjobs is an online recruitment platform that connects employers with employees searching for entry-level and mid-level jobs in India.
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Russia-based international news aggregator Anews receives USD 2.7 million funding from TMT Investments & Run Capital led group of investors
28-January-2015 | Consumer Software & Services | Investments
Russia-based international news aggregation services company Anews received USD 2.7 million in funding from TMT Investments and Run Capital led group of investors. 101 Startup along with individual investors also participated in the current funding round. The company plans to use the proceeds from the current funding round for expanding its operations globally and for audience acquisition in other regions. The current investment takes total funds raised by the company to date to USD 4.3 million. Anews, founded in 2013 and led by Vyacheslav Masenkov (CEO), operates as a mobile platform that offers aggregated international news from over 3,000 publications.
For more details...
US-based online peer-to-peer shopping platform operator Tradesy Inc. receives USD 30 million funding from KPCB led group of investors
28-January-2015 | Online retailing | Investments
US-based online peer-to-peer shopping platform operator Tradesy Inc. received USD 30 million in funding from Kleiner Perkins Caufield & Byers (KPCB) led group of investors in series C funding round. Other investors participating in the current funding round included Richard Branson, and Rincon Venture Partners. The company plans to use the proceeds from the current funding round to enhance its online marketplace and expand its team as well as accelerate its business growth strategy. The current investment takes the total funds raised by the company till date to USD 44.5 million. Tradesy, founded in 2012 by Tracy Dinunzio (CEO), John Hall and Sash Catanzarite, operates an online peer-to-peer marketplace for designer fashion wear that allows users to list and sell their pre-owned designer products.
For more details...
Indian online classified advertising automotive marketplace operator Girnar Software raises USD 15 million from group of investors.
28-January-2015 | Consumer Software & Services | Investments
India-based online classified advertising and price comparison portals operator Girnar Software Pvt. Ltd. raised USD 50 million in series B funding from Hillhouse Capital and Tybourne Capital. The company intends to utilize the invested capital for developing its Cardekho.com portal, accelerating its customer acquisition initiatives as well as for exercising additional growth opportunities. Founded in 2007 by Amit Jain and Anurag Jain, Girnar Software is engaged in operating classified advertising and price comparison portals including Bikedekho.com, Pricedekho.com and Cardekho.com along with offering mobile application development, testing and quality assurance services. The company has tie ups with approx 1800 used car dealers and eight auto manufacturers for the sale of new cars on its platform. With this funding the company has raised USD 65 million. Earlier in November 2013, it raised USD 15 million from Sequoia Capital India.
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SaaS-based personal data linking platform Araxid Prime raises USD 12.5 million from Bessemer Venture Partners and Columbia Capital
28-January-2015 | Enterprise Software & Services | Investments
US-based SaaS-based personal data linking and management solutions company Araxid Prime Inc received USD 12.5 million in funding from Bessemer Venture Partners and Columbia Capital led group of investors in series A funding round. The company plans to use the proceeds from the current funding round for extending its technology platform to other industries such as retail, telecom and financial services. As part of the deal, Kent Bennett of BVP and Arun Gupta of Columbia Capital joined Araxid`s board. Araxid, led by Mark LaRow (CEO), provides a SaaS-based platform that helps in resolving linking and privatizing disparate identities stored in one or more databases.
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