Enterprise Tech

Avataar Ventures Backs Appnomic With USD 22 Mn Funding

Bengaluru and California-based self-help enterprise tech startup Appnomic Systems, on Wednesday (December 18), announced that it has raised USD 22 Mn funding from Avataar Ventures. Additionally, as part of top management restructuring, the company appointed industry veterans — Nitin Kumar as the CEO; Cuneyt Buyukbezci as CMO and Girish Muckai as CRO.

Source: INC42


Travel Tech

DROR Raises Funding From IP Ventures To Make Safe Spaces For Women, Tourists

Gurugram-based security management startup DROR, on Wednesday, announced that it has raised an undisclosed amount of fund from IP Ventures.

Source: INC42



Medlife Raises USD 15.5 Mn From Wilson Global Opportunities Fund For Growth

Bengaluru-based epharmacy Medlife announced on Wednesday (December 18) that it has raised USD 15.5 Mn (INR 110 Cr) from Wilson Global Opportunities Fund in a debt funding round.

Source: INC42



Springboard Raises USD 11 Mn From Reach Capital, Others To Expand Operations

San Francisco and Bengaluru-based online edtech startup Springboard has raised USD 11 Mn in a post-Series-A funding round led by Reach Capital. Venture capital companies such as Pearson Ventures, International Finance Corporation (IFC), as well as its existing investors Costanoa Ventures, Learn Capital, and Blue Fog Capital also participated in the funding round.

Source: INC42


Recruiting and Employment

HackerRank Acquires Mimir To Make Budding Developers Job-Ready

US-based coding talent evaluation platform HackerRank, on Wednesday (December 18), announced that it has acquired a cloud-based platform for computer science courses, Mimir.

Source: INC42



Snapdeal Founders’ VC Arm Invests In Women’s Wellness Startup Azah

Azah Personal Care Pvt. Ltd., which operates an eponymous startup focussed on women’s health, has raised pre-Series A funding from e-commerce firm Snapdeal’s founders Kunal Bahl and Rohit Bansal.