India Funding Roundup: Zapak, Portea Medical, LogiNext, Juggernaut, InnerChef, SilverPush, Capabiliti

Advertisement
By Sriram Sharma | Updated: 28 September 2015 20:41 IST

Zapak
Chinese conglomerate Lead Eastern Group is picking up a 10 percent stake in Anil Ambani-owned Reliance Games' mobile gaming company Zapak Mobile Games for $15 million (roughly Rs. 99 crores). The transaction, subject to regulatory approvals and due diligence, will value Zapak at $150 million (roughly Rs. 991 crores).

Portea
MedicalHome healthcare provider Portea Medical said on Sunday it had received $37.5 million (Rs. 246 crores) for business expansion in its latest funding round, led by venture capital firm Accel Partners. International Finance Corporation (IFC), an arm of the World Bank, and existing investors Qualcomm Ventures and Ventureast also participated in the funding round, Portea said in a statement.

LogiNext
Mobile commerce platform Paytm is investing $10 million (roughly Rs. 66 crores) in Mumbai-based logistics data startup LogiNext. The move is in line with Paytm's strategic plan to invest $150 million (roughly Rs. 990 crores) in a dozen Indian tech startups over the next few months, the company said in a statement. LogiNext's products enable real time shipment tracking, pick-up and delivery automation, and last mile delivery optimisation.

Advertisement

Juggernaut
Delhi-based mobile-first publishing platform Juggernaut has raised an undisclosed amount of funding led by FabIndia founder William Bissell, Infosys co-founder Nandan Nilekani, and Neeraj Aggarwal, managing director of Boston Consulting Group India. The firm launched its operations earlier this week, and aims to "create a world-class Indian publishing company that will give authors both a digital and a physical platform."

InnerChef
Gurgaon based online recipe box startup InnerChef raised a pre-series A round of Rs. 11 crores from leading investors, including Phanindra Sama, Founder of RedBus, Vijay Shekhar Sharma, Founder of Paytm, Anupam Mittal, Founder of Shaadi.com, Vishal Gondal, Founder of GOQii, the firm said in an emailed statement. Founded in April 2015 by Rajesh Sawhney, Bal DiGhent and Sanjeev Singhal, InnerChef plans to use the funds to expand its footprint to 10 new kitchens in Delhi, Bengaluru, and Mumbai. The startup will also build out a hyperlocal marketplace for desserts, and plans to aggregate 100,000 home bakers across 100 Indian cities within a year.

SilverPush
Hiro Mashita-led, early-stage investment firm M&S Partners has invested about Rs 8.2 crores in Gurgaon-based cross-device mapping platform SilverPush. Founded in 2012, the firm's product portfolio includes UAB, which lets advertisers reach out to mobile users who have watched a TV ad, and Prism, which helps measure and analyse the impact of TV ads and analyse competitors in real time.

Advertisement

Qustn Technologies
Noida-based startup Qustn Technologies has secured Rs. 2.6 crore in a funding round led by 500 Startups, Smile Group and angel investors like Snapdeal Co-founders Kunal Bahl and Rohit Bansal and Freshdesk, founder Girish Matrubootham. Qustnm Technologies provides a mobile first platform to train and onboard remote users with Capabiliti, a SaaS training and recruitment platform. Its pricing model ranges from $200 to $800, and offers a branded app to enterprises as a custom solution.



Affiliate links may be automatically generated - see our ethics statement for details.
 

Catch the latest from the Consumer Electronics Show on Gadgets 360, at our CES 2026 hub.

Advertisement

Related Stories

Popular Mobile Brands
  1. Here's When the Realme P4 Power 5G Will Launch in India
  2. JioHotstar Announces Monthly Subscription Plans Across All Tiers
  3. Vivo X200T With Zeiss Cameras to Launch in India on This Date
  4. Google Pixel 10a Leak Suggests No Price Hike Over Pixel 9a
  5. OnePlus 16 May Launch With These Display, Battery and Camera Upgrades
  6. Amazon's New Echo Show 11 Debuts in India With These Features
  7. iQOO 15R Will Be Launched in India Soon, Company Confirms
  8. OneUI 8.5 Beta 4 Could Roll Out Soon With Upgraded Bixby, New Features
  9. OpenAI Offer: ChatGPT Plus Is Now Free for One Month
  10. Samsung Galaxy A57 Spotted on Certification Site With These Key Features
  1. Xiaomi 18 Series to Offer Periscope Telephoto Lens, Wireless Charging Across All Models, Tipster Claims
  2. Bindiya Ke Bahubali Season 2 OTT Release Date: Know Everyting About Cast, Plot, and More
  3. Far Cry 3, Far Cry 3: Blood Dragon and Far Cry Primal Getting 60 FPS Patch on Current-Gen Consoles
  4. OpenAI Offer: ChatGPT Plus Is Now Free for One Month
  5. Mastiii 4 OTT Release Date Confirmed: When and Where to Watch Vivek-Aftab-Riteish’s Adult Comedy Online
  6. Bitcoin Tests Key Support as Crypto Market Stays in Consolidation Mode
  7. Tere Ishk Main OTT Release Date Confirmed: Know When and Where to Watch Dhanush Starrer Film Online
  8. Conflict OTT Release Date Revealed: Know When and Where to Watch it Online?
  9. Nearly All Indian Creators Believe Generative AI Is Powering Their Growth: Adobe Survey
  10. Vivo X200T India Launch Date Announced; Will Feature Dimensity 9400+ SoC, 50-Megapixel Zeiss Cameras
Gadgets 360 is available in
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2026. All rights reserved.