India Funding Roundup: An Electric Motorcycle Maker, Bitcoin Trading Platform, and More

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Jugnoo
Paytm announced Monday that it led the Series B funding of $10 million in Chandigarh-based Jugnoo. The auto-rickshaw hailing and hyperlocal delivery mobile app received $5 million from Paytm and the remaining from existing investor Snow Leopard and a new investor named Rocketship.vc.

Smytten
Smytten, a discovery platform for premium lifestyle products, has received an undisclosed sum of funding from Rajan Anandan, MD of Google India and South East Asia.

Coinsecure
Indian Bitcoin trading platform Coinsecure announced a fund raise of $1.2 million (roughly Rs. 7.9 crores) as part of its ongoing 'Series A' investment round, the company said it expects expects to close the round soon. Founded in July 2014 by Mohit Kalra and Benson Samuel, Coinsecure launched its Bitcoin exchange on January 1, 2015.

Lenskart
Ratan Tata, chairman emeritus of Tata Sons Ltd, has reportedly invested an undisclosed sum inLenskart Solutions Pvt. Ltd, as the company looks to raise an additional Rs. 400 crores in its latest round.

Tapchief
Bengaluru-based Tapchief, a Web platform for users seeking expert advice, won $150,000 (roughly Rs. 1 crore) in funding from Paytm CEO Vijay Shekhar Sharma.



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