Celerix Technologies has raised $400,000 as initial funding from early stage investor Bitkemy Ventures; ProcMart — a B2B marketplace startup with a corporate centric sourcing approach — has raised pre series A undisclosed funding and Cleartrip has raised an undisclosed amount in a fresh round of funding.

Fintech Startup Celerix Raises $400K from Bitkemy Ventures

Bengaluru-based financial technology (or fintech) startup Celerix Technologies has raised $400,000 as initial funding from early stage investor Bitkemy Ventures. Founded in 2014, Celerix is a fintech product and services company that caters mainly to the capital markets domain. It serves as  technology outsourcing partner for buy-side, sell-side firms, investment banks, exchange operators, brokerages and hedge funds.

The raised funding will be used for expanding the team. The investment by Bitkemy is the first external funding round raised by the startup, which was previously bootstrapped. “With further induction of funds, we want to strengthen our team and maybe establish a sales office in Mumbai,” Celerix Founder, Nagesh Kodavali said. The company is also eyeing overseas expansion, for which Singapore is the most likely option due to its recognition as a financial hub in Asia.

ProcMart Raises Pre Series A Funding from IndiaMART

ProcMart — a B2B marketplace startup with a corporate centric sourcing approach — has raised pre series A undisclosed funding from IndiaMART, a leading Indian B2B eCommerce space.  This is their second round of funding.

As per BS report, ProcMart would be investing their finances in creating a comprehensive, user friendly and easily scalable technology. The company would also be expanding their presence across all the Tier-1 cities in the coming few months.

ProcMart at present operates in NCR and Maharashtra region. They are already working with customers of LG, Religare, Harman International, Coca-Cola etc to fulfill their requirements.

Cleartrip Bags Fresh Round of Funds from Existing Investors

Online travel agency Cleartrip has raised an undisclosed amount in a fresh round of funding from existing investors US-based Concur Technologies and Gund Investment, among others, as per LiveMint report.

The company declined to specify the funding amount. Cleartrip has raised $75 million so far. The firm has also launched a segment called ‘Local‘ on its app. With four sub-categories- events, fitness, food and adventure, it will help consumers to book places in the city ranging from food joints to yoga classes and adventure sports like Dirt Biking. Activities as a separate segment was launched in the middle of 2015, it is only now that the company has divided it into four categories.

Cleartrip claims to be earning a margin of 15-20% from its hotel and activities businesses and a margin of 5-6% from the flights business.

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