Funding Digest: Mobiefit, Rentickle, Tempogo, and others

MobieFit, a Goa-based mobile fitness startup has raised a pre Series A funding of $1.35 Million (Rs 8.85 Crore) led by NB Ventures of Dubai with co-investment from existing investor MediAssist. Founded in 2015, the startup had raised seed funding of $1 million in the same year from MediAssist and included prominent angels Siddharth Parekh (founder of private equity firm Paragon Partners) and Mahesh Murthy of SeedFund. Founded in 2015, the startup had raised close to $1 million a year ago from Silver Range Investments, Lumina Datamatics and Shun Yoshida, Managing Director, Merrill Lynch, Tokyo and others. Rentickle, a platform to rent lifestyle products such as furniture, has raised funding of $ 4 million led by Ajay Relan, chairman of VC firm CX Partners, and Singapore-based ThinKuvate. Founded in 2015 by Amit Sodhi and Vineet Chawla, the company offers furniture, home appliances, etc on rent, and currently operates in Delhi, Noida, Gurgaon and Hyderabad.