India Funding Roundup: Faasos, Zenatix, Shuttl, Leaf Wearables, Custom Furnish

Advertisement
By Sriram Sharma | Updated: 7 December 2015 19:24 IST

Faasos
Online food on-demand startup Faasos has reportedly raised Rs. 200 crores in fresh funding led by ru-Net, with participation from existing investors Sequoia Capital and Lightbox Ventures. The deal reportedly values Faasos at between $130 million and $160 million (roughly Rs. 870 crores and Rs. 1,071 crores). Founded in 2011 by Kallol Banerjee and Jaydeep Barman, Faasos currently has 160 distribution centres and is present in 15 cities across India.

Zenatix
Gurgaon-based energy monitoring analytics startup Zenatix has reportedly raised an undisclosed sum of funding in its pre-series A round from Blume Ventures. Founded by Rahul Bhalla, Vishal Bansal, and Amarjeet Singh in 2013, the company uses smart meters and controllers to help consumers understand their energy consumption patterns, and take steps to save energy.

Shuttl
Gurgaon-based Shuttl, an app-based minibus service, has reportedly closed a $25-million (roughly Rs. 160 crores) funding round from Lightspeed Venture Partners, with participation from existing investors Sequoia Capital and Times Internet. Founded in 2014, Shuttl currently operates in Gurgaon, Noida, and Delhi, and offers apps for apps for Android and iOS, with a fleet of over 450 air-conditioned and GPS-enabled buses.

Advertisement

Leaf Wearables
Leaf Innovation Pvt. Ltd, makers of wearable security and tracking device Safer, have reportedly raised $250,000 (roughly Rs. 1.6 crores) in seed funding. Founded by students from IIT-Delhi and Delhi Technological University, its women's safety device Safer can be used to trigger an alarm and send messages to pre-selected phone numbers in case of emergency.

Advertisement

Custom Furnish
Hyderabad-based Custom Furnish, a vertically focused online e-commerce startup that retails furniture and home furnishing, has reportedly raised nearly $4.5 million (roughly Rs. 30 crores) in a fresh round of funding from Agnus Capital. Launched in early 2015, CustomFurnish.com currently offers its services in Hyderabad, and Bengaluru and reportedly plans to expand its presence to the other four metros.

 

Get your daily dose of tech news, reviews, and insights, in under 80 characters on Gadgets 360 Turbo. Connect with fellow tech lovers on our Forum. Follow us on X, Facebook, WhatsApp, Threads and Google News for instant updates. Catch all the action on our YouTube channel.

Advertisement

Related Stories

Popular Mobile Brands
  1. Realme C83 5G Debuts in India With a 7,000mAh Battery at This Price
  2. Here's When the Poco C85x 5G Will be Launched in India
  3. OpenAI's GPT-5.4 AI Model Is Here, and It Can Use Your Computer
  4. OnePlus 15T Key Specifications Confirmed Ahead of Launch in China
  5. This AI Device Claims to Stop Microphones From Recording Your Voice
  6. Poco X8 Pro Max Visits Geekbench as Company Finally Confirms Chip Details
  7. Google Pixel 10a Review: More of the Same?
  1. Vivo X300 Max With Zeiss Cameras and Android 16 Spotted at MWC 2026, Could Launch Soon
  2. WhatsApp Update Introduces Support for Discovering Stickers While Typing Emoji: How It Works
  3. This AI-Powered Portable Device Claims to Detect Microphones and Jam Audio Recordings
  4. Poco X8 Pro Series Global Launch Date Leaked Ahead of Anticipated Debut: Expected Price, Specifications
  5. MacBook Neo Geekbench Scores Indicate It Performs on Par With iPhone 16 Pro Max
  6. Xiaomi Testing Experimental AI Agent Miclaw, Can Perform Complex Tasks Across Devices
  7. Dear Radhi OTT Release: Where to Watch the Tamil Thriller Online?
  8. With Love Now Streaming on Netflix: Know Everything About Plot, Cast, and More
  9. Kaattaan OTT Release Date Confirmed: When and Where to Watch Vijay Sethupathi Starrer Online?
  10. OnePlus 15T Display Size, Ultrasonic Fingerprint Sensor Confirmed; Geekbench Listing Hints at Chip, Memory
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2026. All rights reserved.