TRACKING DEALS

Affimity raises $1.2 million

Affimity, a Bengaluru and San Francisco-based social networking start-up, has raised $1.2 million angel funding from Silicon Valley angel investors and founders. It will use the money to expand its services in India and other countries and strengthen its team.

Housejoy acquires Orobind

Housejoy, a leading home services provider, has acquired Orobind, an at-home personal fitness tech start-up for an undisclosed amount. This will help Housejoy strengthen its fitness offering. Orobind has been serving more than 1,000 customers in Bengaluru alone with around 135 active personal trainers on the platform. As part of the deal, Housejoy has acquired Orobind’s trainers, its customer base and the technology.

Jaideep Mehta invests in Stylofie

Jaideep Mehta, Managing Director – South Asia, IDC, has invested an undisclosed amount in Gurgaon-based beauty and wellness start-up Stylofie. Launched in September 2015 as an online marketplace for beauty and wellness centres, Stylofie recently acquired its competitor, Bengaluru-based Hyve, taking on board 250 salons and a user base of more than 20,000 consumers. Stylofie is now working on expansion and raising its next round of funding.

Weddingz gets Sixth Sense back-up

Weddingz.in, a leading wedding market place, has raised pre-Series A funding from Sixth Sense Ventures, a consumer-centric fund. Weddingz.in had raised over $1 million in seed capital in December 2015 from a group of angel investors led by Ambit Capital. The company will use the money for technology, automation and expanding the team. It also plans to get into new categories such as décor and honeymoon packages.

Saumya Tandon invests in Jugnoo

Jugnoo, a mobile app that offers a large network of auto-rickshaws across the country, has signed a deal with actor Saumya Tandon, who has also invested in the company. Saumya Tandon signing up as the face of Jugnoo is in line with a host of start-ups roping in celebrities to be their brand ambassadors.

Advantage Club receives ₹2.7 cr

Mumbai Angels, Purvi Ventures and a clutch of individual investors have put in ₹2.7 crore in Advantage Club (previously Work Advantage), a mobile first platform for corporate-employee benefits. The money will be used to enhance the product with analytical features.

ADV Partners on buying spree

ADV Partners, a Hong Kong-based private equity firm, has acquired the entire stake held by Avigo Capital and a clutch of wealthy individuals in Technology Frontiers, which provides technology solutions for arena management in the sports, media and entertainment space. Our Bureau

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