LetsTransport Raises Series A Funding

Bangalore-based logistics startup, LetsTransport has raised $4 Mn in its Series A round of funding led by GMO, a Japan-based payment gateway company, along with Neelesh Bhatnagar, former CEO of Landmark Arabia.

Founded by Pushkar Singh, Sudarshan Ravi and Ankit Parasher in January 2015,  LetsTransport that facilitate inter-city aggregation of mini trucks and a large vehicles across industry sectors like retail, FMCG, and ecommerce. With the aim to streamline and revolutionise intra-city logistics at the tap of a button, LetsTransport operates on both B2B and B2C model.

NowFloats Raises $10 Mn In Series B Funding

NowFloats, a digital enabler of Small and Medium Businesses (SME) business presence has raised $10 Mn in its Series B round of funding from Iron Pillar Capital and IIFL, along with existing investors Blume Ventures & Omidyar Network. IIFL invested through its Seed Ventures Fund I & Cash Opportunities Fund.

Hyderabad-based NowFloats was founded in May 2012 by Neeraj Sabharwal, Nitin Jain, Ronak Samantray, and Jasminder Gulati. The company enables SME’s to get online presence by simply using SMS. Besides the NowFloats algorithm ensures highest discoverability through intelligent Search Engine Optimization (SEO). It has its office presence in Delhi, Bangalore and Ahmedabad.

Betaout Raises Funding From South East Asian Investors

Betaout, a customer intelligence and marketing automation platform for ecommerce companies, has raised an undisclosed amount of funding from SEA focused East Ventures and angel investors.

Betaout was founded in October 2014 by Ankit Maheshwari, Raghubir Thakur, Mayank Dhingra, Arjun Maheshwari and Nandini Rathi. It enables ecommerce businesses to increase conversions and personalise user engagement using real-time user persona and intent data.

Cuemath Raises $15 Mn In Series B Funding

Math learning startup Cuemath has raised $15 Mn in its Series B round of funding from CapitalG and Sequoia India. CapitalG (formerly known as Google Capital), the growth equity investment fund of Alphabet (Google’s parent company), led this round of funding.

Founded in 2013, Cuemath is an after-school math excellence program for children in KG to grade 8 and is offered through home-based centers. Cuemath strives to make children great at math with the belief that math can transform a child’s future. The centers are managed and run by trained and certified Cuemath Teachers who share Cuemath’s vision of math excellence. The company now has over 2,000 centers educating more than 10,000 students across the country.

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