India Agri Business Fund has invested R50Cr in Hyderabad-based Super Agri Seeds Pvt. Ltd. Super Agri Seeds will use the funds to finance its expansion and set up Research and development centres in Hyderabad and in Bangalore.
Xola, a cloud-based travel and marketing software, headquartered in San Francisco, USA, has managed to raise $5 million in Series A funding round led by Rakuten Travel. Xola, created by Xola, Inc. lets travel companies manage and handle online and mobile bookings, schedules, marketing of tours and management payments. It fills the distribution gap existing between resellers and tour operators.