Livspace, a home design and décor platform for homeowners and designers, has raised about ₹50 crore ($8 million) from existing investors Helion Venture Partners, Bessemer Venture Partners and Jungle Ventures. Besides, prominent angel investors also participated in this round of fund raise. Livspace will use the money to expand across metros, enhance design content and technology, hire senior level talent across verticals and build mobile and designer oriented products.
$7.5-m funding for OneAssist
OneAssist Consumer Solutions, which offers assistance and protection programmes, has raised about ₹48 crore ($7.5 million) in Series B financing. Assurant, Inc., a global provider of specialty protection products and services, led the round with existing investors Sequoia Capital India and Lightspeed Venture Partners participating. OneAssist will use the money to expand and deepen its distribution, particularly in the online and digital areas and build category awareness for its existing and new products. It plans to allocate significant investments to technology development.
Sheroes.in gets angel funding
Sheroes.in, a jobs and career community for women, has raised an angel round of financing from Raghav Bahl and Ritu Kapur led Quintillion Media, 500 Startups and a group of individuals, including Vijay Shekhar Sharma, Rajan Anandan, Binny Bansal, MekinMaheshwari, Girish Mathrubhootham, Indus Khaitan and Krishna Mehra. Sheroes.in helps women find opportunities, including work from home jobs, part-time jobs, corporate roles, start-up options. It is a community where women can find mentorship, career resources, career content and career advice. The money will be used to improve the quality of its product and scale its community. With over 6,000 companies and half a million women professionals on its platform, Sheroes has processed over a million service requests for its community members.
Mumbai Angels invests in Massblurb raises funding from Mumbai Angels
Massblurb, a marketing automation and online presence management tool for restaurants, has got an undisclosed amount of funding from Mumbai Angels and LetsVenture. It serves close to 200 restaurants across metros and aims to reach 1,000 restaurants by December. It is now present in Mumbai, Bengaluru, Delhi and Pune and plans to expand to four cities shortly.
Carlyle picks up stake in DEE Piping
The Carlyle Group has acquired a significant minority stake in Faridabad-based DEE Piping Systems, which provides design and fabrication of high quality pressure piping systems to clients across diversified industries. Carlyle’s investment is through a mix of primary infusion in the company and purchase of secondary stake from other investors.
Housing.com buys HomeBuy360
Online property search portal Housing.com has bought HomeBuy360, a cloud-based sales lifecycle management platform, for about ₹13 crore ($2 million). HomeBuy360 connects developers, agents and buyers. This is the third acquisition this year by Housing.com, the others being Indian Real Estate Forum and Realty BI.
Unilazer invests ₹15 cr in Timesaverz
Timesaverz, a leading on-demand home services marketplace model, has raised ₹15 crore in Series A funding from Ronnie Screwvala’s Unilazer Ventures. The company, which helps users hire locally-verified and curated service providers through the push of a button, will use the money to expand into new markets and services. O ur Bureau