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.

 

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

Related Stories

Popular Mobile Brands
  1. OTT Releases This Week: Mahavatar Narsimha, The Bads of Bollywood, and More
  1. Aramm 2 Now Streaming Online: Know Everything About Nayanthara Starrer Tamil Drama
  2. Blue Origin Successfully Launches 35th New Shepard Mission After Prolonged Delay
  3. Russia’s Progress-93 Cargo Spacecraft Successfully Docks with International Space Station
  4. Researchers Develop Next-Gen Nano Switches to Reduce Heat Loss in Devices
  5. Chinese Astronomers Search for Extraterrestrial Signals in TRAPPIST-1 System
  6. NASA Images Show New Island Formed by Retreat of Alaska’s Alsek Glacier
  7. Cygnus NG-23 Mission Achieves Record Cargo Delivery to International Space Station
  8. Sundarakanda OTT Release Date Revealed Online: When and Where to Watch This Telugu Romance Drama Online
  9. Police Police Streaming Now Online: Know Everything about this Tamil Original Series
  10. Sshhh Season 2 Streaming Now: Know Everything About Plot, Cast, Crew, and More
Gadgets 360 is available in
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2025. All rights reserved.