India Funding Roundup: Capillary Technologies, Luxury Hues, StyleCracker, TOFlo, iamWire, HolaChef

Advertisement
By Sriram Sharma | Updated: 2 September 2015 13:01 IST

Capillary Technologies
Bengaluru-based software firm Capillary Technologies has raised $45 million (roughly Rs. 300 crores) led by New York-based private equity firm Warburg Pincus, ET reported. The report further states that the company has used a significant portion of the funding to acquire Hyderabad-based digital e-commerce solution provider MartJack and machine learning startup Ruaha Labs, other than a minority stake in Chennai-based CloudCherry, a customer satisfaction management firm.

Luxury Hues
Reliance Capital and a Singapore-based partner have made a strategic investment in Gurgaon-based LuxuryHues, a marketing consultancy and shopping platform for luxury goods. The investment from Anil Ambani-controlled Reliance Capital Ltd was reportedly $903,000 (roughly Rs. 6 crores). The Luxury Hues group owns other entities such as HighStreetLabels, Quintessentially, and operates the India arm of trade group Luxury Marketing Council.

StyleCracker
Mumbai-based online styling platform StyleCracker, that provides personalised styling advice to its users has raised $1 million (roughly Rs. 6.6 crores) from four angel investors its first round of funding. Founded in 2012 by Northwestern University alumnus Dhimaan Shah, the platform has over 100,000 registered users, who can consult a team of expert fashion stylists online, 24 hours a day.

Advertisement

TOFlo
Mumbai-based Toflo Fintech Consulting Pvt Ltd, which claims to be India's first Fintech funding access platform has raised seed funding, VCCircle reported. The money raised will be used by TOFlo to launch an incubation and funding programme for startups in the financial technology space, which has seen a significant amount of funding activity in recent times.

Advertisement

iamWire
Growthword Digital, the holding company of Gurgaon-based technology media venture iamWire, raised an undisclosed amount in pre-series A round led by Li Tao, Founder, APUS Group, Li Jian, Founder, Draphant Consultants. Founded in 2011 by Abhinav Dinesh, IamWire is focused on news content related to business, technology and culture, and has a Submit your startup page. The funding news follows the recent investment in Bengaluru-based Yourstory.com.

HolaChef
Ratan Tata has made a personal investment of an undisclosed amount in Mumbai-based food-tech startup, Holachef. Launched in September 2014 by Saurabh Saxena and Anil Gelra, Holachef offers a web platform and an app, where users can browse through dishes, place online orders for home delivery. Food deliveries are made at a time slot pre-selected by the customer. Holachef is available in Mumbai and Pune, and works on Cash on Delivery.

 

For the latest tech news and reviews, follow Gadgets 360 on X, Facebook, WhatsApp, Threads and Google News. For the latest videos on gadgets and tech, subscribe to our YouTube channel. If you want to know everything about top influencers, follow our in-house Who'sThat360 on Instagram and YouTube.

Advertisement
Popular Mobile Brands
  1. New Images of Interstellar Object 3I/ATLAS Show a Giant Jet Shooting Toward the Sun
  2. NASA's Europa Clipper May Cross a Comet's Tail, Offering Rare Glimpse of Interstellar Mate
  1. New Images of Interstellar Object 3I/ATLAS Show a Giant Jet Shooting Toward the Sun
  2. NASA’s Europa Clipper May Cross a Comet’s Tail, Offering Rare Glimpse of Interstellar Material
  3. Newly Found ‘Super-Earth’ GJ 251 c Could Be One of the Most Promising Worlds for Alien Life
  4. New Fossil Evidence Shows Dinosaurs Flourished Until Their Final Days
  5. Flattened Dark Matter May Explain Mysterious Gamma-Ray Glow at Milky Way’s Core, Study Finds
  6. NASA Telescopes Capture First-Ever Companion Star Orbiting Massive Red Supergiant Betelgeuse
  7. Scientists Caution That Artificial Cooling of Earth May Disrupt Monsoons and Weather Systems
  8. Carnegie Mellon’s AI Drones Can Build Mid-Air Structures With 90 Percent Success Rate
  9. Baai Tuzyapayi OTT Release Date: When and Where to Watch Marathi Romantic Drama Online?
  10. Maxton Hall Season 2 OTT Release Date: When and Where to Watch it Online?
Gadgets 360 is available in
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2025. All rights reserved.