Startups in Hyderabad seeing Uptick, With Investors Return to City.

According to Tracxn, 25 Hyderabad-based ventures have been funded so far this year, compared to 20 during the same time period last year.

NowFloats, a software-as-a-service (SaaS) startup, is close to raising Series-B funds, confirmed Jasminder Singh Gulati, its cofounder, without revealing more details.

Endiya Partners, an early-stage venture capital fund has committed to investing an undisclosed amount in two start-ups-a SaaS and a digital health company ­ making this their first investment in startups from the city.

MyDentistChoice, a B2B ecommerce startup, received angel funding of $150,000 two months ago.