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IIM-Ahmedabad’s investment arm backs vernacular chatbot startup

DheeYantra Research Labs, the creator of vernacular chatbot platform, has raised an undisclosed amount in seed funding from Centre for Innovation Incubation and Entrepreneurship (CIIE), the incubator-cum-investment arm of Indian Institute of Management-Ahmedabad. The company said in a statement that Gopal Krishna, former managing director of Maxim India Integrated Circuits, and stock market investor Vijay Kedia had also participated in the round. The startup will primarily use the capital to strengthen its sales and marketing initiatives while also investing on feature additions such as adding support for more languages for…

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India Funding Roundup: A Bike Taxi Startup, File Sharing App, and More

Our latest funding roundup compiles investments in Indian startups engaged in e-commerce, fashion discovery, on-demand transportation, B2B and B2C e-commerce startups. Ninjacart Bengaluru-based Ninjacart, a B2B startup connects farmers and brands to retailers, has raised $3 million (around Rs. 20 crores) in Series A funding round led by Accel Partners, Qualcomm Ventures, M&S Partners, and Zop Smart. Founded in 2015, Ninjacart helps producers to sell directly to retail stores by providing a selling platform and assisting in warehousing and order fulfilment. Wooplr Social fashion discovery platform Wooplr has reportedly received…

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