#Asia Today’s India funding roundup: BookMyBai, PayTunes, Bobble, YourDost


Aiming to make biz loans as simple as shopping online, India's Capital Float raises $1 million

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In the first three quarters of this year, startups in India have raised over US$6.4 billion in funding. The lion’s share of it went to consumer-facing ecommerce companies like Paytm, Flipkart, and Snapdeal.

Here’s today’s funding roundup. Among startups that got funding in India today was one that looks to solve maid troubles in urban households.


Mumbai-based domestic help provider BookMyBai has raised around US$150,000 in angel funding from 50K Ventures and Vineel Nalla, CEO of NBOS Technologies and founder of 50K Ventures.

BookMyBai.com operates in four cities – Mumbai, Ahmedabad, Surat, and Pune – and helps people to hire maids, cooks, babysitters, and caretakers.


CIO Angel Network (CAN) has made an undisclosed investment in Delhi-based PayTunes, a mobile advertising platform on Android. Sanjay Mehta and Anoop Mathur led the round along with other members from CAN.


Delhi-based Bobble, a mobile app that converts selfies into comical stickers, has raised an undisclosed amount in series A funding from SAIF Partners and unnamed investors. Talent Unlimited Online Services Pvt Ltd, which owns Bobble, will use the money to expand the app into a full-fledged instant messaging platform.


Technology startup YourDost has raised INR 2.5 crore (US$380,000) in angel funding to cover its marketing and expansion needs. The venture through the web portal offers complete support to people looking to discuss any kind of emotional issues by providing them instant online access to experts, it said in a statement.

See: What are the hottest sectors for venture capital in India this year? (INFOGRAPHIC)

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