Nominations open for 3rd edition of VCCircle Healthcare Awards

Keeping with the commitment to honour healthcare entrepreneurs, professionals & docpreneurs for their outstanding contribution in demonstrating innovations in healthcare products, services & delivery and healthcare ecosystem in the country, VCCircle is glad to announce its 3rd edition of VCCirclre Healthcare Awards as a part of its well-received VCCircle Healthcare Investment Summit to be held on September 15 and 16 at Vivanta By Taj, Mumbai. Awards ceremony [...] [...]

Exclusive: IDfy raises funding from NEA, others

Mumbai-based Baldor Technologies Pvt Ltd that runs IDfy.com, an online platform providing verification services to help users manage their profiles, has raised a fresh round of venture capital funding from NEA with participation of existing investor Blume Ventures and others, sources privy to the development told Techcircle.in. For more details on the funding click here. Separate [...] [...]

Foxconn, Alibaba & others invest $500M in Snapdeal; eBay pares stake

Online marketplace Snapdeal  raised $500 million (Rs 3,250 crore) in fresh funding led by iPhone manufacturer Foxconn, Chinese e-commerce giant Alibaba and existing investor SoftBank. Its other existing investors Temasek, BlackRock, Myriad and PremjiInvest also participated in this round, as per a press statement. Separately, e-commerce giant eBay said it has sold a portion of [...] [...]

Tracksmith Raises $4M To Outfit The Classic Runner

Screen Shot 2015-08-17 at 7.42.34 PM Tracksmith, a running apparel brand based in Boston, has pulled in $4.1 million in new funding to outfit a growing pack of runners in the traditional style of the world’s oldest sport. Pentland Brands, the management group behind Reebok, Speedo, and Lacoste footwear, among other sporting brands, led the Series A round, which brings the company’s funding total to $5.7… Read More
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Social wellness app builder Zoojoo.be raises $1M from RoundGlass

Uber Health Tech Private Ltd, a startup that builds social wellness apps for corporate staffers under the brand Zoojoo.be, has bagged $1 million (Rs 6.4 crore) in series A funding from US-based VC fund RoundGlass Partners. Avinash Sourabh, co-founder and CEO of the IIM Bangalore-incubated Zoojoo.be, said the company will use the money raised for [...] [...]