1. Startup PaySense Raises $18 Mn From Naspers-Backed PayU after selling an undisclosed stake. PayU has invested $11.5 Mn in the company while other existing investors including Jungle Ventures and Nexus Venture Partners also participated in the round.

2. Gaadi.com Parent GirnarSoft Raises $3.6 Mn From Trifecta. GirnarSoft (also known as Girnar Software), the parent company of automobile portals like CarDekho.com and Gaadi.com, has raised $3.6 Mn (INR 25 Cr) in debt fund from Trifecta Venture Debt Fund-I, as per the ministry of corporate affairs (MCA) filings accessed by Inc42.

3. Gurugram and Mumbai-headquartered SaaS-based platform VTION has raised $280K in a funding round through AngelList India – will use the funds to expand its product line in India and abroad. Founded in 2016 by Manoj Dawane and Rajshree Dave, VTION focuses on media consumption measurement techniques and audio analytics.

4. Big Data Analytics Startup Iqlect Raises $2.5 Mn Build A Bridge To US MarketsBig Data Analytics Startup Iqlect Raises $2.5 Mn Build A Bridge To US Markets – Aiming at an annual recurring revenue of $1 Mn by year end. Founded in 2015 by ex Jabong CTO and former co-founder of LimeRoad, Sachin Sinha, Iqlect offers an all-in-one converged cloud-based real-time big data analytics platform.

5. MinersINC has raised angel funding from V C Bothra. Founded in October 2017 by Nitin Narkhede and Deepak Jayaram, MinersINC is using blockchain to enable a robust technology-driven system that can offer solutions problems faced by the Indian entertainment industry such as piracy, revenue leakages, rights management, and opaque systems.

6. Enterprise Application Provider LoginRadius Secures $17 Mn In Series A Funding led by ForgePoint and Microsoft’s Venture Fund, M12. The startup offers Customer Identity and Access Management (cIAM) solutions.

7. Taxi For-Sure Co-founder Aprameya Radhakrishna’s Knowledge Sharing Platform Vokal Raises $5 Mn in a Series A round of funding. The investment was led by Chinese investor Shunwei Capital, and 500 Startups. Existing investors Accel India and Blume Ventures also participated in this funding round.

8. Y Combinator Backs Former Housing Cofounder’s Smart SMS App Kyte.ai. Kyte.ai has raised $120K from Y Combinator as part of it summer cohort 2018. Launched in 2018 by former Housing co-founder Ravish Naresh, Kyte.ai specialises in blocking spam and automatically organises the user’s inbox.

9. Emotion AI Startup Entropik Tech Raises $1.1 Mn From BIF, Parampara Capital, And Others

 

Follow our News Feed #TADSignals on LinkedIn and catch up on all that is happening around you in the startup/SME ecosystem.

 

Talk to us for help/support/query