India Funding Roundup: A Wedding Marketplace, Mobile Developer Tool Startup, and More

Our latest funding roundup compiles seed level and undisclosed investments in a toolkit provider for mobile app developers, wedding marketplaces, personal styling apps, and advertising networks. Two startups got Ratan Tata’s backing on Monday, one is a developer of anti-cancer drugs, while the other is a online marketplace for industrial products.
Bengaluru-based, has raised an undisclosed amount of funding through TracxnSyndicate, led by Endiya Partners. The round also saw participation from Tracxn Labs and angel investors Mekin Maheshwari and Rajesh Sawhney, among others. The startup offers a toolkit for mobile developers that automatically reproduces issues, fixes crashes at runtime, and dynamically communicates with users at an issue level.

Tata Sons Chairman Emeritus Ratan Tata has invested in Moglix, an e-commerce company specialising in B2B procurement of industrial products. Tata will play an important role in mentoring the startup, founded in August 2015 by former Googler Rahul Garg.

Invictus Oncology
Delhi-based Invictus Oncology, a biopharmaceutical company focused on the development of therapeutics for cancer treatment, has received an undisclosed sum in funding from Ratan Tata, in his seventh investment of 2016. Founded in 2013, the startup reportedly employs a supramolecular technology platform to design anti-cancer drugs.

IStyleYou, AdUrCup
Gurgaon-based startup accelerator Green House Ventures (GHV) has reportedly invested $100,000 (roughly Rs. 67 lakhs) in personal stylist app IStyleYou and ad network AdUrCup. Delhi-based AdUrCup offers an affiliate offline advertising network for the food and beverages industry in Delhi NCR, while IStyleYou provides a chat-based personal styling advice through its app for Android users on Google Play.

Urban Dhobi
On-demand laundry service Urban Dhobi has reportedly raised an undisclosed amount in pre-Series A funding from consumer-centric venture fund Sixth Sense Ventures. The Jaipur-based startup will will utilise its funds to expand its operations to other cities and has reportedly served over 2,500 customes.

Weddingz, an online marketplace for booking and discovery of vendors for weddings, has reportedly secured an undisclosed amount in pre-Series A funding from consumer-centric venture fund Sixth Sense Ventures. Operational in ten Indian cities, the startup will reportedly use the funds to offer virtual tours and develop a mobile app.


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