WorkIndia, one of India’s leading blue collar recruitment platforms, has raised Rs 42 crore from global technology conglomerate, Xiaomi. Previous investors of WorkIndia who have done multiple investment rounds in the company include global investor Beenext and Asuka investments, a top hedge fund in Japan. The venture has 1.5 crore registered job seekers on its platform and has a presence in 763 cities across India. To know more about the fund raise and the road ahead, Startup Street is with Kunal Patil, Co-founder of WorkIndia.
Titan has acquired Hyderabad-based startup Hug Innovations to bring out differentiated wearables at a much faster pace. The company also launched a new smartwatch called Titan Connected X. The company's CEO for watches and wearables business S Ravi Kant speaks on the road ahead.
Chennai-based WayCool Foods has raised $32 million by way of its Series-C funding. The startup has seen investors like Lightbox and FMO lead its latest round of funding, while existing investors, Lightstone Aspada, has stayed on. The company processes and moves 250 tonnes of produce and dairy every day. WayCool’s Co-founder and CEO Karthik Jayaraman spoke to CNBC-TV18 about the company's growth prospects.
Classplus, a mobile first SaaS platform for private coaching centres, in a pre-Series A round of funding raised $2.5 million from Blume Ventures and Sequoia Capital. Classplus helps coaching centres take their business online and streamline all their communication, content distribution, payments and online assessments through the app. Co-founder Mukul Rustagi talks about the company's strategy.