Knowledge Partners


 Basiz Fund Service    Economic Laws Practice    Avalon Consulting  

 Spark Capital    Tatva Legal   

July 09, 2014

Deal Alert: Cardback raises $170-K from Rajan Anandan, Sunil Kalra, others

Cardback, creator of an Android app that provides notifications to users about offers on their credit and debit cards on mobiles, has raised INR 1 crore ($170,000) via LetsVenture, an online platform that connects startups with angels. Rajan Anandan, Sunil Kalra, Rishi Shrivastava have led the round along with Alok Mittal (of Canaan Partners), Naval Bir Kumar (VP of IDFC), Soumitra Sharma (ex-IDG Ventures), and Nitin Aggarwal (Founder of Yebhi.com). 

Following the round, Rishi Shrivastava joined the company’s board. The startup will use the fund for product enhancement, user traction, expansion to more cities and geographies. 

Source: Yourstory.com
 
Venture Intelligence is the leading provider of data and analysis on Private Company Financials, Transactions (private equity, venture capital and M&A) & their Valuations in India. Click Here to view our products list including the Free Deal Digest Weekly: India's First & Most Exhaustive Transactions Newsletter.