Indian Startup World news for August 2018

Here is all you need to know about the Indian Startup World news for August 2018.

Indian Startup World news for August 2018

  • ShopX, a B2B startup connecting retailers and kirana store owners in small towns with FMCG brands, has raised $35 million from Fung Strategic Holdings.
  • Hansel.io, a product operations startup, has raised $4 million in a funding round led by Vertex Ventures. Funds are planned to be used for international expansion and hiring in sales and engineering.

Must Read: Latest India Business News 18th October 2018

  • Vogo, a scooter, and bike sharing start-up have raised around $6-7 million in Series A round of funding led by ANI Technologies and Pawan Munjal. Vogo lets customers rent scooters for short one-way trips at various locations in Bengaluru and Hyderabad.
  • Monish Anand, the founder of Shubh Loans said that it has raised $4.2 million investment which is led by Saama Capital, a venture capital firm. The funds shall be used to enhance the fintech startup’s technology platform. Fintech startup had raised $1.6 million from these investors.

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