Tired of ads? Enjoy an ad-free experience by signing up.
Rahul Raj · · 2 min read

India funding round-up: Roadrunnr, Mobikon, Ketto

17309480255_44ca6e1bec_k

Over US$5 billion of venture capital funding flowed into Indian startups last year. This year, the deals are coming thicker and faster. So we thought it would be useful to start a daily digest of startup funding in India.

Here’s today’s funding round-up:

Roadrunnr

Roadrunnr, an online B2B platform and service provider for businesses, has raised US$11 million from Sequoia Capital, as well as existing investors Nexus Venture Partners and Blume Ventures. With this investment, Roadrunnr will bolster its technology platform, expand nationally, and increase its fleet of on-demand hyperlocal delivery carriers. The startup was founded by Mohit Kumar and Arpit Dave.

Mobikon

Mobikon, a marketing and customer engagement platform for restaurants has raised US$2.3 million funding from Singapore-based Jungle Ventures. With this funding, the startup plans to aggressively expand in India and Southeast Asia. It previously raised US$1.7 million from Jungle Ventures and Spring Singapore. Mobikon was founded by Samir Khadepaun and Salil Khamkar.

Ketto

Mumbai-based crowd-funding platform Ketto has raised US$700,000 from Calcutta Angels co-founder Pradyumma Dalmia and IndusAge Partners co-founder Sudhir Rao (who is also deal champion at Chennai Angels).This investment will be used to strengthen Ketto’s technology and business development team, in order to acheive its goal of facilitating US$100 million of funding for other firms. Ketto was founded in October 2012 by Varun Sheth, Kunal Kapoor, and Zaheer Adenwala.

Editing by Charlie Custer, image by Pictures of Money

(And yes, we’re serious about ethics and transparency. More information here.)

Stay ahead in Asia’s tech landscape

You've reached your 2 free content limit for the month. Sign up for free to read the full story.

🏄 For casual readers / 👶 Free

Basic

US$0

Free forever

Get instant access to this article and more every month

0 premium content

Unlimited news briefs

5

5 articles

Ad-free reading experience

Just US$0 per day

⌛Sign up in 20s. No payment details needed.

📖 For learners / 👍 Starter

Lite

US$4.92/month

Billed annually at US$59/year

Get instant access to this article and more every month

4

4 premium content

Unlimited news briefs & articles

Ad-free reading experience

Just US$0.17 per day

Cancel anytime

Our subscriber community includes professionals from these companies:

Stay updated on the go with our mobile app.

Get latest insights with smoother, more personalized experience through TIA mobile app.

Community Writer

Rahul Raj

A journalist, a photography enthusiast and a dreamer. He's mostly based in New Delhi, India. You can reach him at rahul@techinasia.com with news tips, story ideas, feedback, and insights.