🇮🇳 Roundup: Fluid Ventures’ debut fund closes at $6.5m

Startups in India, including Recur Technologies, Headfone, Eekifoods, SaveIN, WorkIndia, Flippy, and OneImpact have raised at least US$53.2 million in disclosed funding today from international and local investors.

Here’s a snapshot of the fundraising:

Here’s some important tech news from India today:

Fluid Ventures‘ debut fund closes at US$6.5 million

Focused on direct-to-consumer brands, the fund invests between 15 to 30 million rupees (US$196,663 to US$393,326) in each firm.

It has already invested in six companies in the past three quarters: Fabriclore (fabrics), Shumee Toys (sustainable wooden toys), WallMantra (home decor), Eske (luxury lifestyle), Raskik (coconut-infused drinks) and MasterChow (Chinese condiments and sauces).

Fluid Ventures’ first fund saw participation from more than 35 limited partners.

Whatfix acquires onboarding platform

The digital adoption platform provider has acquired Leap.is, a mobile-first onboarding and assistance firm.

This move is seen to expand Whatfix’s mobile capabilities as it looks to boost its customer experience. It also targets improved activations and adoption, as well as reduced time-to-ship for onboarding experiences.

Whatfix said its revenue has grown 76% every year, with an 85% increase in new business revenue and 250% surge in existing business revenue.

Currency converted from Indian rupee to US dollar: US$1 = 76.26 rupees.

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