India Funding Roundup: A Hyperlocal Discovery Platform, Mobile Parenting App, and More

India Funding Roundup: A Hyperlocal Discovery Platform, Mobile Parenting App, and More

February 22, 2016 Richard Gomez 0

Our latest funding roundup covers angel and VC investments in startups engaged in hyperlocal discovery, parenting, home services, finance, medical diagnostics, and e-commerce.
Magicpin
Gurgaon-based hyperlocal discovery platform, Magicpin, has reportedly raised $3 million (roughly Rs. 20 crores) in Series A round of funding from existing investor Lightspeed Venture Partners. The startup founded in 2015 by Brij Bhushan, and Anshoo Sharma provides real-time promotions, loyalty programmes and content updates to promote merchants registered on its platform.
BabyBerry
Parenting app BabyBerry, operated by Bengaluru-based CereBrahm Innovations has reportedly secured $1 million (Rs. 6.8 crores) in angel funding. The startup provides features such as vaccination charts, health records management and doctor discovery, through its apps, available on iOS and Android.
Taskbob
Home services startup Taskbob has reportedly raised Rs. 28 crores in its Series A round of funding, led by IvyCap Ventur..