Indian Startup Funding Alert | 1st Nov – 7th Nov | VC Venture Capital Investment



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Safe House :
Headquartered in Tel Aviv, the startup is committed to securing India’s cyberspace and creating a cyber-resilient environment. With its products, SafeHouse Technologies aims to democratize the entire cyber security framework for the everyday consumer. SafeHouse was founded by Aditya Narang and Liad Herman. The company will also be expanding its operations into India and the United Kingdom
Aditya Narang, co-founder at SafeHouse, said the funds will be used for promoting BodyGuard, its flagship security app, and increase its investment in research and development. Other investors that participated in the funding round include Purnendu Chatterjee, the founder and chairman of The Chatterjee Group, SafeHouse said in a statement. SafeHouse Technologies Ltd, a startup focussed on mobile-first cybersecurity has raised $2.2 million (approximately Rs 15.55 crore

LOKAL :
Lokal has a presence in 27 districts across Telangana, Andhra Pradesh, and Uttar Pradesh
Lokal provides local news, jobs, classifieds, and matrimonial ads through its Android app. The app has more than three million downloads in 27 districts across Andhra Pradesh, Telangana, and Uttar Pradesh.
Jani Pasha and Vipul Choudhary, in May 2018
Focused on regional languages, Lokal will be using the freshly raised funds to improve its product and expand to newer geographies. The Bengaluru startup also plans to expand its team and strengthen its presence in the existing market.
News and classifieds platform Lokal has raised $3 million from 3one4 Capital, Y Combinator, RB Investments, SOMA Capital, and its existing investor – India Quotient.

BEYOUPLUS :
BeYouPlus, which is operated by Dermacy Healthcare Pvt. Ltd, will use the funds to enhance its technological infrastructure and expand its products and services to new markets
a startup which is aiming to standardise beauty treatments by partnering with local clinics has raised $3 million (approximately Rs 21.20 crore at current exchange rates) in a Series A funding round led by the Mumbai-based IvyCap Ventures.

ADDA247 :

Currently, Adda247 has a presence on both online and offline platforms, with more than 450 coaching centers, 500+ professionals, and about 1000 teachers across the country.
The edtech player plans to leverage the funds raised to expand its offerings to new exam categories, add new languages on the platform, and amplify its pan-India presence.
Founded by Anil Nagar and Saurabh Bansal in 2010, Adda247 offers products like live-video classes, on-demand video courses, mock tests, and books focused on government examinations.

GRADEUP:
The Co-founders of Gradeup: Shobhit Bhatnagar (left), Sanjeev Kumar, and Vibhu Bhushan.
Gradeup says its platform helps over 15 million exam aspirants prepare for competitive tests such as the Joint Entrance Examination (JEE), the National Eligibility Cum Entrance Test (NEET), the Institute of Banking Personnel Selection Probationary Officers Exam (IBPS), and the Union Public Service Commission examination
The company will use the funds to enhance its technological infrastructure, product diversification and expand its academic team, the Noida-based firm said in a statement.
Series A funding round from Times Internet Ltd (TIL),

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