Consumer Internet Industry

1) MagicPin founded by Anshoo Sharma and Brij Bhushan: Hyperlocal discovery platform MagicPin secured $1 million in venture debt from Trifecta Capital.

2) HireXP founder Vikas Kakkar: Gurugram-based HR solutions startup HireXP secured an undisclosed amount of funding from the CEO of Knowlarity, Ambarish Gupta along with a British entrepreneur, Marina Zoltoverkh. The startup plans to deploy the capital to assemble a new product line, CamXP – Campus hiring and Inject AI in the existing platform.

E-commerce Industry

3) Pepperfry founded by Ambareesh Murty and Ashish Shah: Online furniture retailer Pepperfry secured $38.5 million in its fifth round of funding from State Street Global Advisors, the asset management business of State Street Corporation. The raised funding will be used to expand Pepperfry’s Experience Centers in Tier II Towns, invest behind developing AR/VR technology for virtual touch and feel, and boost the Private Brand franchise in preparation for its next financial milestone of an IPO.

4) InnerSense founded by Neerja Lakhani and Abhishek Lodha: Organic antimicrobial lingerie brand InnerSense raised $384.5K from Venture Catalysts in Pre-Series A round.

Technology Industry

5) AUS founded by Nikhil Upadhye, Suhas Banshiwala, Vipul Singh and Yeshwanth Reddy: Bengaluru-based drone startup Aarav Unmanned Systems (AUS) secured an undisclosed amount in a Pre-Series A funding round led by GrowX Ventures, 500 Startups, and BellWether Advisors. The funding from the round will be used for expanding the company’s reach and furthering R&D activities.

6) Hotelogix founded by Aditya Sanghi and Prabhash Bhatnagar: Cloud-based hotel property management system (PMS), Hotelogix raised $5 million in a funding round from Vertex Ventures, with the participation of Accel Partners and Saama Capital. The company plans to deploy the funds for product innovation and market expansion. The startup is also gearing up to expand its operations in Thailand, and make it the hub for Southeast Asia.

7) Ultraviolette founded by Narayan Subramaniam and Niraj Rajmohan: Bengaluru-based electric bike startup raised $430K from Kumar Vembu’s Gofrugal Technologies.

8) Anaek founded by Kanav Abrol and Ujjwal Grover: Delhi-based SaaS startup Anaek raised $1 million in a Seed funding round led by Matrix Partners India. The startup funds will be utilized for marketing and promotion activities. Anaek will also hire across functions such as engineering, accounting, sales, and advertising.

Fintech Industry

9) Finova Capital founded by Sunita Sahney: Jaipur-based NBFC Finova Capital, raised $6 million from Sequoia India. The startup will use the funds raised for expanding operations, investment in technology and talent acquisition.

10) Kuvera founded by Gaurav Rastogi, Mayank Sharma and Neelabh Sanyal: New Delhi-based online platform for mutual fund investments, Kuvera raised $250K from angel investors for product expansion and growth. Investors in the round include Baskar Subramanian, co-founder of Amagi Media Labs, Saket Kumar, managing director at Swank Capital, Gaurav Suri, managing director at Livermore Capital, and Ankit Kesarwani from New Vernon Investment Management.

Healthcare Industry

11) MedGenome founded by Sam Santhosh: Bengaluru-based genomics research and diagnostics company MedGenome secured an additional $10 million in funding from HDFC Ltd., HDFC Life and HDFC Asset Management to complete its Series C round of  $40 million.

12) CureFit founded by Ankit Nagori and Mukesh Bansal: Bengaluru-based fitness startup CureFit raised an undisclosed amount of funding from Flipkart CEO Kalyan Krishnamurthy. The startup also newly raised $10 million in debt financing from HDFC Bank and Axis Bank.

13) LiveHealth founded by Abhimanyu Bhosale, Mukund Malani and Sanket Savla: Healthtech startup LiveHealth, working on digitizing diagnostic lab workflows, raised a Seed round of $1.1 million from Nexus Venture Partners. The funding will further enhance its focus on addressing the tech gap in healthcare and allow all-in-one interaction among all stakeholders.

14) Wellthy Therapeutics founded by Abhishek Shah, Maaz Shaikh and Prayat Shah: Mumbai-based digital therapeutics healthtech, Wellthy Therapeutics raised $2.1 million in Seed funding from Dr. Ranjan Pai’s family office MEMG (Manipal Education and Medical Group), along with Beenext Ventures, GrowX Ventures, Currae Healthcare and other strategic HNIs like Ashutosh Taparia and Karan Bhagat. This funding will help the startup continue to pioneer a new category of medicine that aims to revolutionize chronic disease care across Asia.

Entertainment Industry

15) PictureTime founded by Sushil Chaudhary: Mobile movie theatre PictureTime raised $3.85 million in a Pre Series A funding round from a group of high net-worth individuals (HNIs). The round of funding was led by Ajay Relan, Founder and Chairman of CX Partners. The company will deploy the funding to expand its mobile theatres to 100 operational units, from its current 10 units, by March 2019.

Real Estate Industry

16) NestAway founded by Amarendra Sahu, Deepak Dhar, Jitendra Jagadev and Smruti Parida: Bengaluru-based home rental startup NestAway raised an undisclosed amount of funding from Flipkart CEO Kalyan Krishnamurthy. Nestaway freshly received $51 million from Goldman Sachs and a joint venture firm of former Tata Sons Chairman Ratan Tata.

Agritech Industry

17) Ninjacart founded by Ashutosh Vikram, Kartheeswaran K K, Sachin Jose, Sharath Loganathan and Thirukumaran Nagarajan: Bengaluru-based B2B agri-marketing platform Ninjacart secured $1 million in venture debt funding round from Trifecta Capital. Ninjacart will deploy the funding to invest in capital expenditure and strengthen the supply chain infrastructure of the company.

18) Gramophone founded by Nishant Vats, Harshit Gupta and Tauseef Khan: Indore-based Agstack Technologies, which owns and operates agritech startup Gramophone secured $1 million Pre-Series A funding from Info Edge. Post the investment, the aggregate shareholding of Info Edge in Gramophone would be 25% on fully converted and diluted basis.

Travel Industry

19) Tripeur founded by Sajit Chacko and Thiagarajan Rajagopalan: Shorebird Technologies, the makers of the third generation, end-to-end corporate travel management platform Tripeur secured $600K in Pre-Series A funding led by Japan-based Incubate Fund and a few angel investors including existing investor Rajul Garg. The startup will deploy the funding for deploying latest innovations in artificial intelligence, machine learning and personalization in various aspects of corporate travel space.

The post 19 Indian Startups Making News This Week (04 March- 11 March 2018) appeared first on Delhi School of Internet Marketing- Digital marketing blog.

Consumer Internet Industry

1) MCaffeine founded by Vikas Lachhwani and Tarun Sharma: Mumbai-based caffeinated personal care brand MCaffeine raised $500K in Pre-Series A round of funding led by Wazir Advisors, Let’s Venture and Calcutta Angel. The startup will utilize the funds for product research and development, inventory buildup and expansion of its product portfolio.

2) Healofy founded by Gaurav Aggarwal and Shubham Maheshwari: Bengaluru-based Healofy, a parenting social network startup, secured $1 million in a Seed funding round from Omidyar Network. The company will use the funds to hire talent in leadership positions across product, technology and data science; to build onto the existing personalization engine and layer in multiple regional languages on their platform.

E-commerce Industry

3) Vinculum founded by Annajee Nott, Deepak Singla, Piyush Madan and Venkataramana Nott: Delhi-based e-commerce software solutions provider secured $127.7K from its existing investor Song Hoi See, founder & CEO of Plaza Premium Group.

4) Grofers founded by Albinder Dhindsa and Saurabh Kumar: SoftBank leading an investment of $61.6 million in online grocery delivery startup Grofers. With this new Series E round, the company will continue to invest in building private labels and supply chain improvements. The investment will go towards building infrastructure and technology and resourceful supply chain management to accomplish deeper penetration in existing Grofers cities.

Technology Industry

5) Purple Quarter founded by Deepak Singh Ahlawat: Abhishek Goyal, founder of California-based startup Tracxn, and Mekin Maheshwari, a former senior executive at Flipkart, have financed in Bengaluru-based Purple Quarter, a technology head recruitment startup.

6) Appiyo Technologies founded by Ashok Anand: Chennai-based Appiyo Technologies, a startup offering enterprise workflow automation solution, secured $500K in a Seed round of funding from Axilor Ventures, with participation from The Chennai Angels and others. The startup will use the recently raised funding to expand its services globally.

7) Peritus.ai founded by Kamesh Raghavendra, Mohan Reddy and T.M. Ravi: California and Bengaluru-headquartered AI focussed startup Peritus.ai secured $2 million in funding from VC firm Ideaspring Capital and early-stage fund The Hive. The company will deploy the funds to strengthen its development team in India.

Fintech Industry

8) Avail Finance founded by Ankush Aggarwal: Bengaluru-based Avail Finance, an online lending platform, secured $17.2 million in a Series A funding round from Matrix Partners and other investors. The round is a mix of debt and equity.

9) Pine Labs founded by Rajul Garg and Tarun Upaday: New Delhi-based Pine Labs, a digital retail payments platform, secured a funding round of $82 million from Actis Capital and Altimeter Capital. The company will use the funds to quicken its network penetration in India and expand outside India.

Healthcare Industry

10) HealthAssure founded by Varun Gera: Mumbai-based HealthAssure, a healthtech startup, secured $ 1 million in a Pre-Series A round of funding from The HR Fund. The startup plans to deploy the funds to further grow new consumer products in primary healthcare, digitizing the ecosystem, and building extensive distribution.

Food Industry

11) SmartQ founded by Krishna Wage and Abhishek Ashok: Bengaluru-based SmartQ, a foodtech platform, secured $1 million in funding from a group of Dubai based investors. The company plans to deploy the funds to expand its business in India and also globally with a stronger team.

Education Industry

12) Doubtnut founded by Aditya Shankar and Tanushree Nagori: Gurugram-based multilingual online learning platform Doubtnut secured $537.7K in a Pre-Series A round of funding from WaterBridge Ventures. The startup will use the funding to expand its platform, add more subjects, support more Indian languages and accelerate the advance of several exciting new product features.

Digital Industry

13) Stumagz founded by Sri Charan Lakkaraju: Hyderabad-based Stumagz, a digital campus communications and collaboration platform for educational institutions secured an Angel Round of investment of an undisclosed amount from a group of US-based investors. The company will deploy funds for geographical and technological expansion.

The post 13 Indian Startups Making News This Week (12 March- 18 March 2018) appeared first on Delhi School of Internet Marketing- Digital marketing blog.

Consumer Internet Industry

1) What’s Up Life founded by Gaurav H Luthra: Gurugram-based What’s Up Life raised an undisclosed amount of funding led by Karan Puri, author and Praveen Puri of Skyline Knowledge Centre, a Skyline Education Group Company. The startup will deploy the fresh funding for expansion and growing its team to newer cities and will also create new business lines.

E-commerce Industry

2) ZineOne founded by Arnab Mukherjee, Debjani Deb and Manish Malhotra: Bengaluru-based customer engagement company ZineOne secured $2.5 million in Series A round of funding from Omidyar Network. It plans to use the funds towards accelerating sales, marketing and the execution of a product roadmap that is focused on building the most intelligent system within its category, with significant investments toward getting top talent in machine learning and artificial intelligence.

Technology Industry

3) One Labs founded by Rahul Gupta: AI-based startup One Labs secured an undisclosed amount of funding from handset maker Micromax Informatics. The funding will be used for further product development and have 200+ apps on the platform within the next 12 months by opening inOne to third-party developers and making it an instant app platform.

4) CustomerSuccessBox founded by Amritpal Singh and Puneet Kataria: San Francisco- and Gurugram-based CustomerSuccessBox, a customer success platform for B2B SaaS companies, secured $1 million in a Pre Series A round of funding from early-stage venture fund pi Ventures and Axilor Ventures. The startup plans to use the funding to drive growth and product innovation.

Fintech Industry

5) i2iFunding founded by Abhinav Johary, Manisha Bansal, Neha Aggarwal, Raghavendra Pratap Singh and Vaibhav Pandey: Noida-based P2P lending startup i2iFunding raised $768K from SucSEED Venture Partners; Manish Poddar, a serial entrepreneur and investor, and a group of angel investors. The company will deploy the funds to reinforce its technology infrastructure and geographical expansion.

6) ChargeBee founded by KP Saravanan, Krish Subramanian, Rajaraman Santhanam and Thiyagarajan T: Chennai-based subscription management and recurring billing solutions startup Chargebee secured $18 million Series C funding led by New York-based Insight Venture Partners. The company will deploy the funding to expand globally and improve closeness to customer locations, increase investments in product, sales marketing, and growth initiatives.

Healthcare Industry

7) Karma Healthcare founded by Jagdeep Gambhir: Kolkata-based healthcare startup Karma Healthcare raised $500K led by 1Crowd, existing investors Ankur Capital, Ennovent Capital and Beyond Capital, and angel investors. The company will utilize the funding to scale its operations as well as improve its technology offering to develop the quality of care and provide great tolerant experience.

Food industry

8) Kottaram Agro Foods founded by Prashant Parameswaran: Bengaluru-based packaged foods company, Kottaram Agro Foods secured $5.3 million in funding from Aavishkaar’s Bharat Fund. The company will utilize the funds to help the company support its product ‘Soulfull’ portfolio, accelerate marketing and expand its distribution reach to over 50,000 retail outlets in the next 3 years.

9) Zappfresh founded by Deepanshu Manchanda and Shruti Gochhwal: Gurugram-based raw meat etailer Zappfresh secured $3 million in funding from Amit Burman, Vice Chairman of Dabur India with participation from SIDBI Venture Capital. The company will deploy the funding to expand Zappfresh’s supply chain, strengthen its management team and widen its geographical presence.

10) Fingerlix founded by Shree Bharambe: Mumbai-based footech startup, Fingerlix secured $1.31 million in venture debt funding from Alteria Capital’s maiden venture debt fund. The company will deploy the funding towards building out Fingerlix’s production capacity, expansion of the product suite as well as growth into newer markets.

Education Industry

11) GigIndia founded by Sahil Sharma: Pune-headquartered GigIndia, which provides micro-jobs to students, secured an undisclosed amount of Seed funding from a consortium of angel investors. The company will deploy the freshly raised funding for its expansion, hiring of staff and shaping the product with automation techniques to improve the user experience.

Entertainment Industry

12) GSC (Global Sports Commerce) founded by M S Muralidharan: Emerald Media leading $80 million funding round Singapore and Chennai-based sports tech company GSC (Global Sports Commerce) through a combination of primary and secondary investments. The company will use the new funding for inorganic acquisition opportunities, develop next-generation technologies for the sporting ecosystem, and expand GSC’s operations in Asia and the US.

The post 12 Indian Startups Making News This Week (19 March-25 March 2018) appeared first on Delhi School of Internet Marketing- Digital marketing blog.

Consumer Internet Industry

1) Roadcast founded by Rahul Mehra, Vishal Jain and Anshul Jain: Delhi-based online vehicle tracking platform Roadcast secured $250K in a seed round of funding from the United Arab Emirates. The startup plans to deploy the funding to scale its operations across major cities in India and further expand its research and development programme, hiring technology talent and building infrastructure for its operations.

2) Survaider founded by Madhulika Mukherjee and Tushar Mishra: Bengaluru-based customer engagement platform raised $276.28K led by Axilor Ventures, Pratithi Trust, and The Chennai Angels in a seed round.

3) V Resorts founded by Aditi Balbir: Noida-based resort management startup secured $271.63K between January and March this year from existing investor, RB Investments.

4) Phonepe founded by Burzin Engineer, Rahul Chari and Sameer Nigam: Flipkart infusing $79.6 million in fresh funding into Phonepe.

E-commerce Industry

5) Fynd founded by Farooq Adam, Harsh Shah and Sreeraman Mohan Girija: Mumbai-based O2O fashion e-commerce platform, Fynd raised an undisclosed amount in Series C funding from global search giant Google and other angel investors. The startup plans to utilize the funding to enhance the way it engages with consumers and dealers in a better way.

Technology Industry

6) Planys Technologies founded by Tanuj Jhunjhunwala and Vineet Upadhyay: Chennai-based underwater robotics and diagnostics startup Planys Technologies raised $151.9K in Series A round of funding from Oil and Natural Gas Corporation.

7) Benepik founded by Saurabh Jain: Gurugram-based HRTech startup Benepik, a mobile-based solution for Employee Communication, Engagement, Rewards and Recognition, secured an undisclosed amount in seed funding from a group of investors including Vishal Bali, Yogesh Misra, and a Delhi based HNI.

Fintech Industry

8) SmartCoin founded by Rohit Garg: Bengaluru-based micro-lending startup SmartCoin secured $2 million in a Pre-Series A round of funding from an undisclosed Chinese venture fund and other groups of investors. The startup will utilize the funding to further invest in technology and grow its team as it continues with its expansion plans, with an aim to cover a much larger customer base.

9) Cash Suvidha founded by Anoop Garg and Rajesh Gupta: Delhi-based online lending platform Cash Suvidha raised $1 million in a Pre-Series A funding round from Initia Holdings; Vipin Agarwal, Partner in India Industrial Growth Fund and others. The company will deploy the funding to increase the loan books of the company and to further reinforce its technological infrastructure.

10) Creditas Solutions founded by Anshuman Panwar and Madan Srinivasan: Gurugram-based fintech startup, Creditas Solutions, raised an undisclosed amount in a Pre-Series A funding round from its existing investor 1Crowd, an equity crowdfunding platform. The startup plans to use the up-to-date funding for expansion of the team, data science capabilities and to make investments in technology, mainly to focus on providing banks with a single platform to manage the entire delinquency cycle.

Healthcare Industry

11) Predible Health founded by Suthirth Vaidya, Abhijith Chunduru and Deepak Mohan: Artificial Intelligence-based cancer radiology platform Predible Health raised $35.3K led by the Hyderabad-based incubator, IKP Knowledge Park.

12) Myra founded by Anirudh Coontoor and Faizan Aziz: Bengaluru-based Myra, an online pharmacy, raised $1.84 million in funding led by Tokyo-headquartered management consulting firm Dream Incubator. The startup will use the funding to fund its expansion in other geographies.

Food Industry

13) DelyBazar founded by Abhinava Ray Chaudhuri: Kolkata-based Delybazar, a raw meat etailer, raised $300K in a Pre-Series A round of funding from a group of investors. The startup plans to utilize the funding to expand its operations in cities like Bhubaneswar, Hyderabad and Bengaluru.

Gaming Industry

14) Smaash founded by Shripal Morakhia: Mumbai-based gaming company Smaaash secured $6.17 million funding from 23 High Networth Individuals (HNIs).

Media Industry

15) The Print founded by Shekhar Gupta and Barkha Dutt: Delhi-based online news portal The Print raised $535K in a seed funding round from existing investor Ratan Tata.

16) FactorDaily founded by Jayadevan PK, Titash Neogi and Pankaj Mishra: Bengaluru-based news media startup FactorDaily raised $116.65K from existing investors, Vijay Shekhar Sharma and Girish Mathrubootham in an extended series A funding round.

17) The Ken founded by Ashish K Mishra, Rohin Dharmakumar and Seema Singh: Bengaluru-based business news platform raised $225.63K from a set of HNIs, Siddharth Bhammar (Executive Director – JP Morgan), Anchal Jain (Portfolio Manager- Balyasny Asset Management and former MD FX Options – JP Morgan), and Murali A (MD – Graticule Asset Management Asia and ex-Fortis).

Agritech Industry

18) Carmel Organics founded by Rajesh Sagitla and Shailendra Dhakad: Neemuch, Madhya Pradesh-based agritech startup Carmel Organics raised an undisclosed amount of funding from Ankur Capital, an India-focussed VC fund backing early-stage startups. The startup will deploy the funding to scale-up its business, mostly targeting the global markets.

Fashion Industry

19) USPL founded by Anjana Reddy: Bengaluru-based fashion startup Universal Sportsbiz Pvt Ltd (USPL) raised $4.64 million in venture debt funding from lately launched venture debt fund Alteria Capital. The company plans to deploy the funding to invest in 80-100 startups in the course of next three to four years.

Travel Industry

20) DriveU founder by Amulmeet Chadha, Ashok Shastry and Rahm Shastry: Bengaluru-based on-demand driver aggregator DriveU raised $3 million in Pre-Series A funding led by Singhal Foundation, an NGO working for education of underprivileged children. The startup will plan to expand its existing fleet of 6,000 drivers to 10,000 drivers by the end of 2018.

The post 20 Indian Startups Making News This Week (26 March-31 March 2018) appeared first on Delhi School of Internet Marketing- Digital marketing blog.

Consumer Internet Industry

1) UClean founded by Arunabh Sinha: Faridabad-based Tech-enabled laundry and cleaning solutions company UClean secured $615.6K pre-Series A funding led by US-based existing angel investor Anubhav Chopra. The company plans to deploy the funds for its growth.

2) DriveU founded by Amulmeet Chadha, Ashok Shastry, and Rahm Shastry: Bengaluru-based on-demand driver provider DriveU raised $246.49K in pre-series A round of funding from Amitabh and Shilpa Singhal Living Trust, Amit Singhal’s investment vehicle.

3) Dosamatic founded by Vikas Eshwar and Sudeep Sabat: Bengaluru-based Dosamatic, which designed a machine that can make dosas, secured $146.35K from existing investor, Indian Angel Network.

E-commerce Industry

4) Zilingo founded by Dhruv Kapoor and Ankiti Bose: Southeast Asian fashion marketplace, with office in Bengaluru, Zilingo raised $54 million in Series C round of funding by Sofina, Burda Principal Investments and Sequoia Capital India. Amadeus Capital too joins as a new investor to grow further and expand internationally to new markets such as Malaysia and Philippines.

5) CoutLoot founded by Jasmeet Thind, Mahima Kaul and Vinit Jain: Mumbai-based fashion e-commerce startup CoutLoot secured $1million in its Pre-Series A funding led by Jadevalue Fintech, the investment arm of Chinese unicorn CashBUS while existing investors including Artha India Ventures and Venture Catalysts. The startup will use the latest funding to add more categories and further expand geographically.

6) IndustryBuying founded by Rahul Gupta and Swati Gupta: New Delhi-based B2B procurement startup and a one-stop platform for business, industrial and office goods, IndustryBuying, raised $1.8 million as venture debt from Mumbai-based specialized debt player Blacksoil Capital. It will be used to scale further and address working capital requirement on account of increasing order book with blue-chip customers.

7) Paytm founded by Vijay Shekhar Sharma: Paytm Mall reaching a new benchmark- Unicorn. Paytm’s e-commerce subsidiary Paytm Mall secured $445 million in a funding round by SoftBank and Alibaba. The funds will be used for empowering the shopkeepers with superior technology, building superior logistics, strengthening the Paytm Mall brand and bringing an enriching experience to the customers.

Technology Industry

8) Letstrack founded by Vikram Kumar: US-headquartered IoT startup Letstrack raised $1.7 million in a Seed funding round from a US-based investor, James Arthur at a valuation of $17 million. The funding round is intended for bringing additional talent into the company at the highest level, to accelerate the international expansion.

Healthcare Industry

9) BeatO founded by Gautam Chopra: Delhi-based healthtech startup BeatO, a comprehensive platform dedicated to diabetes solutions raised $1.3 million in funding, from Leo Capital and co-led by Blume Ventures. The startup plans to use the funding to scale up the production and focus on better technology and innovations and distribution network.

10) Fitternity founded by Neha Motwani: Mumbai-based fitness discovery startup Fitternity secured $2 million in a funding round from its existing as well as new investors.

11) Sepalika founded by Mahesh Jayaraman and Sharda Agarwal: US-headquartered with an office in Mumbai healthcare content provider Sepalika secured $306.6K from existing investor Accel Partners.

12) BeYouPlus founded by Ankit Khurana: Delhi-based health and wellness startup BeYouPlus (previously MyDermacy) raised $77.03K from existing investors including Fortis Healthcare president Daljit Singh.

13) Medikoe founded by Sreevalsan Menon: Bengaluru-based healthcare platform Medikoe secured $154.08K in a rights issue from By The Bay Enterprises LLP.

Transport Industry

14) MoveInSync founded by Akash Maheshwari, Anuvrata Arora and Deepesh Agarwal: Bengaluru-based employee transportation startup MoveInSync Technology Solutions raised $8 million in Series B funding round from Nexus Venture Partners. Existing investors including Inventus Capital Partners, Saama Capital and Qualcomm Ventures also participated in this round. The startup plans to use the funding to further develop end-to-end transport offerings, accelerating customer acquisition and pace up its launch in the international markets.

Fintech Industry

15) Finzy founded by Abhinandan Sangam, Amit More and Vishwas Dixit: Bengaluru-based P2P lending company Finzy raised $1.3 million in Pre-Series A round of funding led by a group of investors. The startup plans to use the funding to accelerate growth by investing in technology, making the processes leaner and faster and in building the team. The funding will also be used for geographical expansion across Tier I cities to take Finzy’s value proposition to a wider audience.

16) Namaste Credit founded by Gaurav Anand, Krishnan Parameswaran and Lucas Bianchi: New Delhi-based SME lending company Namaste Credit raised $3.8 million in Series A round of funding from Nexus Venture Partners. The startup plans to use the funding to grow its geographic footprint, continue to enhance its technology and data analytics platform and further scale its businesses. With this, the startup plans to meaningfully increase its channel partner programme across India and further expand its technology licensing partnerships with leading lenders globally.

17) Power2SME founded by R. Narayan: Gurugram-based B2B marketplace and SME lending firm Power2SME secured debt financing of $6.2 million from InnoVen Capital. The startup will use the debt funding towards pushing the company’s growth and working capital.

Education Industry

18) IndigoLearn founded by Sriram Somayajula and Suraj Lakhotia: Hyderabad-based finance and accounting focused edtech startup IndigoLearn raised $150K in its seed round from angel investors. The company plans to use the funding to expand its student base 10x in next 12 months on the back of its funding and new product launches scheduled in the coming months.

Beauty Industry

19) Zooty founded by Anshuman Pandey, Keerthi Chennupati, Pushkar Soni and Shantanu Jha: Mumbai-based salon and spa search and booking platform Zooty raised $261.93K from existing investors Orios Venture Partners and Singapore-based RB Investments.

The post 19 Indian Startups Making News This Week (01 April -08 April 2018) appeared first on Delhi School of Internet Marketing- Digital marketing blog.

Consumer Internet Industry

1) PoolToo founded by Aradhana Jha, Nancy Martin, Ranvijay Singh, and Sarita Mishra: Hyderabad-based city bike and car-pooling startup Pooltoo raised an undisclosed amount of funding from Devika Ganesh, a High network individual (HNI). The startup plans to deploy the funding to reinforce its tech infrastructure and build its operations and marketing.

2) FullOnWedding founded by Himanshu Jagwani, Khushbu Jagwani and Shalabh Jhalawad: Bengaluru-based wedding tech startup FullOnWedding secured an undisclosed amount in Pre-Series A round of funding led by a group of marquee investors. The startup plans to deploy this funding to expand geographically, grow the business verticals and support its partner network.

E-commerce Industry

3) Pipa+Bella founded by Shivani Pandya and Shuchi Pandya: Mumbai-based fashion accessories etailer Pipa Bella Accessories Pvt Ltd, which runs the brand ‘Pipa+Bella’, raised $1 million in a funding round from Fireside Ventures. The startup plans to use the funding to build the brand through innovative and continual marketing efforts, scale operations through new distribution channels and make key management hires.

Technology Industry

4) Elemential founded by Anil Dukkipatty and Raunaq Vaisoha: Mumbai-based blockchain startup Elemential raised an undisclosed amount of seed funding from Matrix Partners India. The startup plans to utilize the funding for team expansion to cater to its global demand.

5) Chariot founded by Nilay Mehrotra and Raj Garg.: New Delhi-based Internet of Things (IoT) startup Chariot secured $306K in a Pre-Series A round of funding from Gems Partners, a micro venture capital fund. The startup plans to deploy the funding to expand its customer base and develop its products.

Healthcare Industry

6) LetsMD founded by Prakhar Gupta: Delhi-NCR based LetsMD, which offers a platform to discover healthcare financing options secured $1 million in Pre Series A round of funding from SRI Capital with participation from existing investors Waterbridge Ventures and Thinkuvate. The startup plans to use the funding to scale up its pan-India operations.

Logistics Industry

7) LoadShare founded by Pramod Nair, Raghuram Talluri, Rakib Ahmed, and Tanmoy Karmakar: Bengaluru-headquartered logistics startup LoadShare raised an undisclosed amount in a Series A round of funding from Stellaris Venture Partners and existing investor Matrix Partners. The startup will utilize the funding to support its core leadership team, expand to new regions and invest in its logistics technology platform.

8) Mojro founded by Amit Kulkarni and Kishan Ashwath: Bengaluru-based urban logistics startup Mojro secured $650K funding led by 1Crowd and its investor community. The startup plans to use the funding for technology development, team expansion for marketing and building partnerships with fleet owners.

Fintech Industry

9) Ideal Insurance founded by Rahul Agarwal: Kolkata-based complete insurance management startup Ideal Insurance Brokers Pvt. Ltd raised $1 million in its seed round of funding from Venture Catalysts. The company plans to use the funding for building a strong infrastructural support for our operations and backend team as well as for marketing purposes.

10) Loanzen founded by Madhu Sudhan and Venkatesh Sankararaman: Bengaluru-based peer to peer lending marketplace startup, Loanzen, secured an undisclosed amount of pre-Series A funding led by venture capital firm Kae Capital Management. The startup will deploy the funding to expand its team in Bengaluru and grow its loan book.

11) Aye Finance founded by Sanjay Sharma and Vikram Jetley: Gurugram-headquartered online lending startup Aye Finance secured $4.6 million in debt funding led by Swiss impact investor BlueOrchard Finance Ltd. This funding will allow Aye Finance to further expand its lending portfolio, with the aim of reaching out to more MSMEs in India.

12) Kaleidofin founded by Sucharita Mukherjee: Chennai-based fintech startup Kaleidofin secured $2.8 million in seed funding from Omidyar Network. The startup plans to use the funding to accelerate its customer acquisition pan-India, expand the company’s network of strategic partners, and allow deep investments in technology and analytics.

Education Industry

13) Smartivity founded by Apoorv Gupta, Ashwini Kumar, ASHWINI KUMAR, Rajat Jain, Rajat Jain and Tushar A Amin: Delhi-based edtech startup Smartivity raised $53.8 K from Education-focused publishing house S Chand & Company Ltd.

Digital Industry

14) Kristal.AI founded by Asheesh Chanda, Vineeth Narasimhan and Vivek Mohindra: Kristal.AI, an AI-powered digital asset management platform raised $1.87 million in a Seed funding round led by IDG Ventures India. The startup plans to use the raised funding to strengthen its technology stack as well as accelerate the integration of machine learning capabilities for providing faster and more efficient financial advisory to its clients. It is also looking at expanding its reach beyond the three countries, mainly into South-East Asia, Middle-East and the US.

Travel Industry

15) TravelTriangle founded by Prabhat Gupta, Sanchit Garg and Sankalp Agarwal: Gurugram-headquartered travel marketplace TravelTriangle raised $12 million in a Series C round of funding led by growth-capital fund Fundamentum. The startup plans to utilize the funding to invest in building technology, in order to further strengthen the customer interaction layer using artificial intelligence and machine learning, while the data analytics will help build a recommendation engine. The company is also looking to expand to newer destinations and invest in brand building.

FMCG Industry

16) YumLane founded by Hitesh Ahuja: Mumbai-based FMCG startup QwikPik Technology, which owns and operates YumLane, raised $4 million in a Series A round of funding led by Singapore-based family office RB Investments. The company plans to deploy the funds to develop products, increase retail footprint, hire sales and marketing executives, and manage its backend operations.

The post 16 Indian Startups Making News This Week (09 April -15 April 2018) appeared first on Delhi School of Internet Marketing- Digital marketing blog.

Consumer Internet Industry

1) Fyle founded by Sivaramakrishnan Narayanan and Yashwanth Madhusudan: Bengaluru-based expense management startup Fyle secured $1.1 million in funding from existing investors, Pravega Ventures and Beenext. The startup will deploy the funding to expand its sales and marketing teams and also invest in R&D to assist customers even better.

2) True Balance founded by Cheolwon Lee: Gurugram and Korea-based mobile balance management service startup True Balance raised $23 million in a bridge round of funding led by a consortium of investors including Japan-based global messenger Line Ventures Corporation, Korean search engine Naver, Korean lender Shinhan Bank and TS Investment amongst others. The startup plans to utilize the funding towards talent acquisition and expanding benefits of need-based financial services.

E-commerce Industry

3) ShopX founded by Amit Sharma and Apoorva Jois: Bengaluru-based assisted ecommerce startup ShopX raised $2 million in funding from strategic investor Nandan Nilekani.

4) MamaEarth founded by Varun Alagh: Delhi-based online baby care products startup MamaEarth raised $250K from Bollywood actress Shilpa Shetty Kundra. The startup plans to use the fresh fundings to improve awareness of the brand, expand product categories as also scale up its offline footprint and distribution.

Fintech Industry

5) Affordplan founded by Hemal Bhatt: New Delhi-based fintech startup Affordplan raised $10 million in Series B round of funding from Lok Capital, Omidyar Network. The startup plans to utilize the funding to meet the growing demand for its platform and to advance the countrywide adoption of Affordplan in several hospitals.

6) PaisaDukan founded by Rajiv Ranjan: Mumbai-based fintech startup secured $650K in an angel funding. The startup plans to deploy the funding for marketplace platform and mobile app development.

7) Coverfox founded by Devendra Rane and Varun Dua: Mumbai-based online insurance brokerage platform CoverFox raised $22 million in a Series C funding round led by IFC, a member of the World Bank Group; Transamerica and other existing investors. The startup will utilize the funding to expand insurance coverage into Tier-II and Tier-II cities and specifically address women’s needs.

Logistics Industry

8) Pando founded by Nitin Jayakrishnan: Bengaluru-based startup digitizing the logistics operations for majorly Fortune 500s and global blue-chips Pando raised $2 million in a Seed round of funding from Nexus Venture Partners. Kashyap Deorah at Hypertrack, Girish Mathrubootham at Freshdesk, Nishant Rao at Sirion Labs (Ex-LinkedIn India MD) and P Balaji at Vodafone (Ex-Nokia, Sony Erickson India MD) also participated in the latest funding round. The startup will stay focus on product and people, to comfort and support commerce through digital deliveries.

9) Lynk founded by Abinav Raja and Shekhar Bhende: Chennai-based logistics startup Lynk raised $3 million in funding from the existing investor Ramco Group.

10) Cogoport founded by Anurag Dabral, Harsh Kumar, Kunal Rathod and Shekhar Purnendu: Mumbai-based freight logistics startup Cogoport raised an undisclosed amount of Series A funding led by Accel Partners. The startup plans to utilize the funding to capitalize in developing new product and fuel business growth by expanding globally and increase its footprint in the domestic market.

Agritech Industry

11) AgNext founded by Deepak Jaiswal, Mrigank Sharad and Taranjeet Singh Bhamra: Chandigarh-based agritech startup AgNext raised an undisclosed amount of Series A funding through its Omnivore partners India Fund 2. The startup plans to deploy the funding to expand its product in the data analytics in agriculture space by creating a combination of both hardware and software.

Fintness Industry

12) CureFit founded by Ankit Nagori and Mukesh Bansal: Bengaluru-based fitness startup CureFit raised $632.8K led by Flipkart co-founder Binny Bansal and Myntra-Jabong CEO Ananth Narayanan.

Healthcare Industry

13) PregBuddy founded by Sivareena Sarika, Subhadeep Mondal and Yash Ladia: Bengaluru-based healthcare startup for mothers PregBuddy raised an undisclosed amount in a Seed round of funding from Indian Angel Network. The startup plans to utilize the funding to expand its team in fields of technology, marketing, and business development and scale up the platform.

14) MBLOOD founded by Sushil Lalwani: Chennai-based blood donation startup MBLOOD secured $75.7K from SPPLJ Charitable Trust, Chennai to expand its services to a network of 1 million users by the end of the year 2018.

Hotel Industry

15) Icanstay.com founded by Puneet Gupta: New Delhi-based hotel aggregator icanstay.com raised a fresh round of funding of $197.84K from an angel investor Manoj Prasad, executive chairman at Singapore-based venture capital and management advisory firm MP Morgan Capital Partners Pte. Ltd. The startup plans to use the funding to strengthen the technology and expand hotel network.

Food Industry

16) Chai Point founded by Amuleek Singh Bijral: Bengaluru-based tea retailer Chai Point raised $20 million in Series C round of funding from Paragon Partners. The startup plans to use a substantial portion towards deepening its sales, marketing and service operations for its automated hot beverage dispensing business – boxC.in – which is the next growth driver for the business.

17) Sleepy Owl founded by Ajai Thandi, Ashwajeet Singh and Arman Sood.: Delhi-based cold brew coffee company, Sleepy Owl raised $500K in seed funding from DSG Consumer Partners (DSGCP). The startup will use the funding to leverage its product development and manufacturing capabilities to expand its product portfolio and grow on a national scale.

The post 17 Indian Startups Making News This Week (16 April -22 April 2018) appeared first on Delhi School of Internet Marketing- Digital marketing blog.

Consumer Internet Industry

1) Pitstop founded by Mihir Mohan: Bengaluru-based car repair and servicing startup Pitstop secured $1.6 million in a Pre-Series A funding round from its existing investors Blume Ventures and Singapore-based Goldbell Group. The startup plans to deploy the funding to scale up its ‘Doorstep service’ across Bengaluru and Delhi-NCR along with building high-end technology to support the infrastructure.

2) POPxo founded by Priyanka Gill: Delhi-based digital media startup POPxo raised $5.5 million in a funding round from Neoplux (Doosan Group, Korea) and OPPO (China). Existing investors IDG Ventures India, Kalaari Capital, GREE Ventures (Japan) and Summit Media (Philippines) also participated in the latest round of funding. The company plans to use the funding to combine commerce as a strong revenue stream and strengthen its vernacular offering, beginning with Hindi along with continued investment in video and platform.

3) Hasura founded by Rajoshi Ghosh: Bengaluru and San Francisco based developer tools startup Hasura raised $1.6 million in a Seed round of funding from Nexus Venture Partners along with GREE Ventures. The startup plans to utilize these funds to accelerate product development to make sure its offerings continue to remain on the cutting edge and to strengthen its marketing and developer relations teams.

E-commerce Industry

4) Nykaa founded by Falguni Nayar: Mumbai-based online beauty marketplace Nykaa raised $11.32 million in a funding led by existing investors which include Sunil Munjal’s family office; Marico’s Mariwala family office; Dalip Pathak, a special limited partner at Warburg Pincus; along with other existing and new high net worth individuals. The company plans to deploy the funds to enhance retail distribution to boost its private label.

5) ShoeKonnect founded by Siddharth Vij:The Agra-based B2B marketplace for leather products ShoeKonnect raised $460K from online classifieds company Info Edge (India) Ltd, BSE filings shown. The startup deploys to use the funding to start a new line of business.

Technology Industry

6) Hyderabad.IO founded by Samrat Krishna: Hyderabad-based sales tech startup Hyderabad.IO raised $75K from CCube Angels Network, with participation from Atim Kabra, founding partner of Frontline Strategy Limited and an active angel investor, and Abhay Deshpande, a SaaS veteran and a Serial Entrepreneur. The startup plans to utilize the funds to reinforce product offering, increase data coverage, improve quality and add new signals.

7) Visit founded by Anurag Prasad, Vaibhav Singh, Shashvat Tripathi and Chetan Anand: Delhi-based AI-powered chatbot for health advice Visit raised an undisclosed amount of funding from Twitter co-founder Biz Stone, with participation from Snapdeal co-founders: Kunal Bahl and Rohit Bansal; US-based BlueJeans Network co-founder Alagu Periyannan and Karthee Madasamy, a former top official of Qualcomm Ventures. The capital will be used towards building its telemedicine app, including offering an AI-driven diagnosis.

8) Emotix founded by Sneh Rajkumar Vaswani, Prashant Iyengar and Chintan Raikar: Mumbai-based robotics startup emotix that identifies emotional intelligence secured $2 million funding from IDG Ventures India and YourNest. The startup plans to use the funds for new product development and research in the area of consumer robotics focused on emotional and artificial intelligence.

Fintech Industry

9) Capital Float founded by Sashank Rishyasringa: Bengaluru-based online SME lending platform Capital Float raised $22 million in a follow-on Series C funding round from Amazon Inc. The freshly raised funds will be used to strengthen Capital Float’s exclusive end-to-end digital loan origination system and to design innovative credit solutions for customers.

10) Mihuru founded by Shruti Mehrotra: Mumbai-based travel fintech startup Mihuru secured $150K. The startup plans to use the funding to further improve their current product and expand their team. The startup will also expand into credit products for other travel verticals in addition to the current flights vertical.

11) PayMe India founded by Vijay Shekhar Sharma: Noida-based online lending startup PayMe India raised $2 million in funding led by Singapore-based angel investors. The startup will deploy the funding chiefly for capacity and market expansion.

Healthcare Industry

12) 1mg founded by Prashant Tandon, Vikas Chauhan, and Gaurav Agarwal: Gurugram-based healthtech startup 1mg Technologies raised fresh funding to scale its business.

13) Doxper founded by Pawan Jain, Randeep Singh, and Shailesh Prithani: Mumbai-based healthtech startup Doxper raised $1.1 million in a Pre-Series A funding round from existing investor Vidal Healthcare. The startup now targets to take its mission of digitizing the global OPD processes to the UK, Middle East, Southeast Asia, Brazil and South Africa by early next year.

Travel Industry

14) Tripshelf founded by Jai Raj Gupta: New Delhi headquartered online travel marketplace Tripshelf secured $239.6K in Pre-Series A round of funding from a group of professional investors including GEMS Advisory (a micro VC); Alok Mittal of Indifi; Sachin Bhatia, Co-Founder of MakeMyTrip and Truly Madly; Anita Gupta, Global Equity Strategist; Singapore Angel Network; and Alka Puri, IIM-C Alumnus & Founder of Roads Ahead Consult; amongst other HNIs. The startup plans to use the funding to deepen pillars of its business operations and form a long-term asset vs. hyper growth capital.

15) RailYatri founded by Kapil Raizada, Manish Rathi and Sachin Saxena Noida-based long-distance travel app, RailYatri raised an undisclosed amount of Series B round of funding from Omidyar Network. The funding round saw participation from other existing investors including Nandan Nilekani, Blume Ventures and Helion Venture Partners.

Education Industry

16) Utter founded by Amit Bhadbhade: Pune headquartered chatbot-based edtech startup Utter raised $824.48K from Unitus Seed Fund. The startup plans to use the funding to target 1 million paid learners by December 2020 and expand internationally in USA, Europe and South Asia through telecom and reseller partnerships.

17) Career Anna founded by Varun Saxena: Gurugram-based video-driven online learning platform Career Anna secured $449.5K from a group of angel investors represented by Subinder Khurana. The startup plans to utilize the funds to launch a series of PRO Degree online learning programs on Artificial Intelligence, Data Science, Machine Learning, Deep Learning, DevOps and other new-technology fields where demand for talent far exceeds supply.

The post 17 Indian Startups Making News This Week (23 April -30 April 2018) appeared first on Delhi School of Internet Marketing- Digital marketing blog.

Consumer Internet Industry

1) SAMCO founded by Jimeet Modi: Mumbai-based discount broking firm SAMCO raised $7.5 million in a Series B funding round led by existing promoters and London-based investment management firm Bay Capital Investment Partners. The startup plans to deploy the funding towards building its mutual fund distribution, lending capability, research and advisory businesses.

2) Excess2Sell founded by Rajan Sharma: Mumbai-based B2B startup excess2sell raised an undisclosed amount of funding from Angel Investors including Aashish Pitale and Harinder Singh. The startup plans to utilize the funding to improve technology solutions on the platform, expand footprint and customer base, and widen the reach of its offerings across the country.

E-commerce Industry

3) Bizongo founded by Aniket Deb, Ankit Tomar and Sachin Agrawal: Mumbai-based B2B online marketplace Bizongo (Business On-The-Go) secured $22 million Series B funding round led by B Capital along with International Finance Corporation (IFC), in participation with the existing investors, Accel Partners and IDG Ventures. The startup plans to use the funding to focus on advancing its technology platform and design functions, as well as reinforce its teams across cities.

4) boAt founded by Aman Gupta and Sameer Mehta: Delhi-based consumer tech lifestyle start-up boAt raised $897.85K led by Fireside Ventures. The startup aims to sail new-age consumers toward an era where they are always connected over high-quality audio with smart, efficient, stylish and durable ‘hearables’.

Technology Industry

5) Eruvaka founded by Sreeram Raavi: Vijayawada-based Internet of Things aquatech startup Eruvaka raised an undisclosed amount of Series B funding from Nutreco, a global leader in animal nutrition and aqua feed, and existing investor Omnivore. With the finance, Nutreco takes a 25% stake in Eruvaka, thus entering into a commercial partnership to help scale Eruvaka globally.

Fintech Industry

6) Capital Float founded by Sashank Rishyasringa: Bengaluru-based online SME lending platform Capital Float raised its first international debt investment of $7.2 million from the Netherlands-based Triodos Investment Management, taking total debt raise to $130 million so far. The startup plans to use the funds for onward lending, with major focus on expanding its MSME borrower segments.

7) MyLoanCare founded by Gaurav Gupta and Deepak Gupta: Gurugram-based B2C online loans marketplace MyLoanCare secured $977.7K equity Series A funding from Ncubate Capital Partners, a private investment arm of SAR Group family office. The startup plans to deploy the funding for branding, technology augmentation and growth.

8) Rubique founded by Manavjeet Singh: Mumbai-headquartered online lending marketplace Rubique secured seed funding from Japan’s Recruit Group and Russian venture capital management company Emery Capital. The startup plans to utilize the funds to hire more data scientists and enhance technology.

9) OYE! Loans founded by Pradeep Rathnam: Noida-headquartered consumer-focussed lending startup OYE! Loans raised $2.25 million seed funding from its parent company, GAIN Credit. The startup plans to deploy the fresh funding to reinforce its underwriting models aimed at new-to-credit consumers, scale-up operations, and boost its footprint to cover multiple cities.

10) OpenTap founded by Harish Devarajan, Senthil Natarajan and Suresh Venkataramani: Chennai-based fintech startup OpenTap secured $450K in funding from a group of high net-worth individuals. The startup plans to deploy the funding to develop its team, to strengthen its technology infrastructure, for marketing, and to expand the reach of its financial services network across the country.

Healthcare Industry

11) Suki founded by Punit Soni: AI enabled healthtech startup Suki (formerly called Robin) raised $20 million led by Venrock, First Round, Social Capital, as well as individual Googlers and other angels including Nat Turner of Flatiron Health, and Marc Benioff (CEO of Salesforce).

Automobile Industry

12) Uniti founded by Lewis Horne: Anthill Ventures made an undisclosed investment in Uniti, a Swedish urban mobility electric car startup looking to drive its electric cars on the Indian roads.  Anthill Ventures will be offering Uniti a platform to discover market opportunities in India and South East Asia.

Gaming Industry

13) Cricnwin founded by Vipul Agrawal: Gurugram-based social gaming platform Cricnwin secured an undisclosed amount in a seed funding round from Chinese accelerator and venture fund ZDream Ventures. The startup plans to deploy the funding for product and market development.

Logistics Industry

14) FreightBro founded by Raghavendran Viswanathan and Mohammed Zakkiria. A: Mumbai-based, logistics technology startup, FreightBro secured a seed round with Suresh Kumar, former Global CIO of Bank of New York Mellon. The startup plans to use the funding to expand across all major and slight port cities of India by the end of 2018.

The post 14 Indian Startups Making News This Week (01 May -06 May 2018) appeared first on Delhi School of Internet Marketing- Digital marketing blog.

Consumer Internet Industry

1) Rare Media founded by Siddhartha Gupta: Delhi-based online classifieds company, Info Edge, invested $513.58K in Rare Media Company Pvt. Ltd.

2) Promorph founded by Onkar Prasad: Kanpur-based Promorph which offers actionable, real-time data on RTE, secured $111.25K of seed funding from Villgro Innovations Foundation. In addition to funding, the entrepreneurs will receive mentoring from senior advisors who provide strategic guidance to grow and scale their respective businesses, and access to Villgro’s network of downstream investors, channel partners, and domain experts.

3) Wishfie founded by Akshay Pruthi: Bengaluru based Wishfie, a short-video platform that helps people voice their opinions on news, trending stories and issues, raised an undisclosed amount in angel funding from Staffopedia CEO, Abhishek Singh and a New York-based angel network, Tusker Invests. This funding will be deployed to develop the product further, to support vernacular content, and to build its community.

Technology Industry

4) I3 Systems founded by Dr. Mallesh Bommanahal and Varzavand Batliwala: Mumbai-based i3 Systems, an AI-Powered Insure-tech platform raised $1 million in funding from Unitus Ventures. The startup plans to utilize the capitals in planning to partner with India’s top 20 Life and Health insurance companies and process one million policies through its digital platform, in the next 12 months.

5) Avaamo founded by Ram Menon and Sriram Chakravarthy: California-based AI startup Avaamo raised $14.2 million in a Series A funding round, from Intel Capital. The startup plans to use the funding to expand its sales and marketing channels to meet the demand in the enterprise for conversational AI solutions in the growing global market.

Healthcare Industry

6) Innovaccer founded by Abhinav Shashank, Kanav Hasija, and Sandeep Gupta: Healthcare data analytics startup Innovaccer raised $25 million Series B round of funding from Westbridge Capital with participation from Lightspeed Ventures. The company plans to use the funds to continue building on its industry-leading suite and go-to-market capabilities.

Fintech Industry

7) Easypolicy founded by Alok Bhatnagar and Neeraj Aggarwala: Noida-based online insurance comparison startup Easypolicy secured $6.7 million – $7.43 million led by Unilazer Ventures.

8) PaisaDukan founded by Rajiv Ranjan: Mumbai-based PaisaDukan.com, a P2P Lending marketplace, raised $225K through angel investment. The funding will lift company’s progress and will help in hiring experienced key resources and expand our technology workforce.

Education Industry

9) Disprz founded by Subramanian Viswanathan: Chennai-based SaaS startup focussed on B2B education and skill training, Disprz secured $2.5 million in a Series A round of funding from IL&FS Private Equity and Kae Capital. The startup plans to boost its data science capabilities and also to expand its overseas markets operations.

10) Toppr founded by Hemanth Goteti and Zishaan Hayath: Mumbai-based personalized e-learning solutions provider and online test preparation platform, Toppr raised a venture debt funding of $2.3 million from Alteria Capital.

11) Blackboard Radio founded by Michael Chasen: Jaipur-Bengaluru based Blackboard Radio, an AI-powered personalized spoken English coach, raised $111.25K of seed funding led by Villgro Innovations Foundation. And also, the entrepreneurs will receive mentoring from senior advisors who provide strategic guidance to grow and scale their respective businesses, and access to Villgro’s network of downstream investors, channel partners, and domain experts.

12) MadGuy Labs founded by Alok Katiyar: Hyderabad-based mobile-based online test-preparation platform for government jobs in vernacular languages, MadGuy Labs secured $111.25K of seed funding from Villgro Innovations Foundation. In addition to funding, the entrepreneurs will receive mentoring from senior advisors who provide strategic guidance to grow and scale their respective businesses, and access to Villgro’s network of downstream investors, channel partners, and domain experts.

Food Industry

13) Charcoal Eats founded by Anurag Mehrotra, Krishnakant Thakur and Mohammed Bhol: Mumbai-based Tech-enabled, full stack QSR startup Charcoal Eats raised $742.9K Pre-Series A round of funding from HNI investors such as Rajesh Ramanathan (Head Global Growth Mondelez), Kush Verma (Asoka Capital) among others. The startup plans to deploy the funding to increase its footprint across new geographies as well as merge its presence in existing markets and invest in customer acquisition and brand building.

The post 13 Indian Startups Making News This Week (07 May -13 May 2018) appeared first on Delhi School of Internet Marketing- Digital marketing blog.

Consumer Internet Industry

1) SpringRole founded by Kartik Mandaville: Bengaluru-based job-listing startup SpringRole secured $1.3 million private funding from its early investors- AlphaBlock Investments, investment and consulting firm DNA, Isaac Lee’s BlockWater, and Wavemaker Genesis. The startup plans to use the fund towards solving the challenges of hiring technical professionals for outsourcing by using blockchain technology.

E-commerce Industry

2) Nykaa founded by Falguni Nayar: Mumbai-headquartered online beauty marketplace Nykaa secured $24.45 million in Series D round of funding. The capital is likely to help the startup fund its growth capital and expand its retail footprint. It further aims to fuel its plans towards expanding its offline presence.

Healthcare Industry

3) Mfine founded by Ashutosh Lawania and Prasad Kompalli: Bengaluru-based AI focussed healthtech startup mfine raised $4.2 million in a Series A round of funding from Prime Venture Partners. Existing investors Stellaris Venture Partners, and healthcare entrepreneur Mayur Abhaya also participated in this funding round. The startup will use the latest funding to build the hospital networks across cities and further strengthen its technology team.

Fintech Industry

4) LenDenClub founded by Bhavin Patel and Dipesh Karki: Mumbai-based P2P lending startup LenDenClub secured $500K in Pre-Series A round of funding from Artha Venture Fund. The startup plans to focus aggressively on product partnerships to expand their portfolio.

5) Open Financial Technologies founded by Anish Achuthan, Ajeesh Achuthan, Mabel Chacko and Deena Jacob: Bengaluru-based fintech startup Open Financial Technologies secured an undisclosed amount of pre-series A round of funding led by Unicorn India Ventures and Recruit Co. Ltd, through its investment subsidiary RSP India Fund LLC. The startup plans to utilize the funding to accelerate customer acquisition and growth and improve its core platform.

Education Industry

6) Knudge.me founded by Pushp Raj Saurabh, Udit Jain and Zunaid Ahmed: Bengaluru-based gamified social learning startup Knudge.me raised funds from Indian Angel Network. The startup plans to utilize the funds to build the product and focus on creating a global edutainment platform.

Automobile Industry

7) Droom founded by Sandeep Aggarwal:  Gurugram-headquartered Automobile marketplace Droom raised $30 million in Series D round of funding led by Toyota Tsusho Corporation (TTC), a Toyota Group Corporation company and Japan-based Digital Garage. The company plans to deploy the investment to further strengthen its position, make its ecosystem tools more scalable and advance its international expansion plans.

The post 7 Indian Startups Making News This Week (14 May -20 May 2018) appeared first on Delhi School of Internet Marketing- Digital marketing blog.

Consumer Internet Industry

1) ImpactGuru founded by Piyush Jain and Khushboo Jain: Mumbai-based Non-profit crowdfunding startup ImpactGuru secured $2 million in Series-A round of funding from Apollo Hospitals Group and Venture Catalysts. The startup plans to deploy the capital to scale crowdfunding in India by ramping up sales and marketing as well as by developing its technology platform.

E-commerce Industry

2) Edyoo founder Rakshit Kejriwal: Bengaluru-based e-commerce startup Edyoo secured $1 million in pre-Series A round of funding led by RS Shanbag, chairman and managing director of the diversified Valuepoint Group. The startup plans to deploy the funding for product development, technology, marketing, and to expand its team and areas of operation.

3) Milkbasket founded by Anurag Jain, Ashish Goel, Ekwe Chiwundu Charles and Yatish Talavdia: Gurugram-based micro delivery startup Milkbasket raised $7 million in Series A funding from Kalaari Capital with participation from the Singapore-based BeeNext. The startup plans to utilize the funding to bring productivities in its supply chain, last-mile logistics, and to expand into other geographies.

4) Arzooo.com founded by Khushnud Khan and Rishi Raj Rathore: Bengaluru-based reverse auction e-commerce platform Arzooo.com secured $221.19K in an angel round of funding from Omphalos Ventures India. The startup plans to further develop their technology, and expand its operations to the top-ten Indian cities.

Technology Industry

5) Mobisy founded by Lalit Bhise: Bengaluru-based SaaS startup Mobisy raised a second round of venture capital funding of $3.5 million led by SIDBI Venture Capital Limited (SVCL). The startup plans to use the funding to reinforce its R&D and power expansion plans through a strengthened sales and marketing push.

6) BetterPlace founded by Pravin Agarwala: Bengaluru-based BetterPlace, an HRtech startup for the blue-collar workforce, raised $3 million in a Series A funding round from 3one4 Capital. With the funding, the startup plans to add new solutions and expand to new verticals such as skilling, compliance, and fintech services in order to consolidate its position as a single platform for the semi-formal workforce in the country.

7) DheeYantra founded by Sreekumar Jairaj aand Vidhu Bennie: Bengaluru-based conversational chatbot startup DheeYantra secured an undisclosed amount of seed investment from CIIE Initiatives, Gopal Krishna and Vijay Kedia. The startup plans to use the funding to strengthen its sales, marketing, and also feature additions like support for more vernacular languages being used in India and the global market.

Fintech Industry

8) Cashkumar founded by Dhiren Makhija, Kannan Kandappan and  Yogesh Joshi: Bengaluru-based P2P lending platform Cashkumar secured $737.33K pre-series A round of funding. The startup plans to utilize the funds to meet regulatory norms, start paid marketing campaigns and expand operations from the current 6 to 20 cities.

Education Industry

9) Smartivity Labs founded by Apoorv Gupta, Ashwini Kumar, Ashwini Kumar, Rajat Jain, Rajat Jain and Tushar A Amin: Delhi-based edtech startup Smartivity Labs raised $2 million led by small- and mid-cap stock picker Ashish Kacholia. The startup plans to use the funds to scale its operations into international geographies, among others.

Healthcare Industry

10) Cure.Fit founded by Ankit Nagori and Mukesh Bansal: Bengaluru-based fitness startup Cure.Fit raised $878.2K led by Bollywood actor Hrithik Roshan. In August 2017, Cure.Fit had signed on Hrithik Roshan as its brand ambassador.

Digital Industry

11) NewsDog founded by Chen Yukun and Yi Ma: Content aggregator NewsDog raised $50 million in Series C round led by Tencent, in participation with DHVC, Legend Capital, and Dotc United Group. The company plans to use the funding to follow its vision of empowering individuals and professional content creators to showcase their work and reach digital readers in large numbers.

12) Rocketium founded by Anurag Dwivedi and Satej Sirur: Bengaluru-based web-based video creation startup Rocketium raised $294.94K led by Blume Ventures and angel investors. The startup plans to use the funding to expand its global footprint by hiring sales and marketing talent and building a Machine Intelligence team to further automate the video creation process.

Food & Beverages Industry

14) Raw Pressery founded by Anuj Rakyan: Mumbai-based organic juice startup Raw Pressery secured $9.55 million in funding from its existing investors such as Sequoia Capital, Saama Capital and DSG Consumer Partners. With the funding, the company plans to expand its footprint to Southeast Asia and also support its distribution and supply chain as it looks to scale up new offerings.

15) PLiNG founded by Andrine Mendez: Kochi-based FMCG startup, PLiNG Foods & Beverages raised $191.69K in equity funding. The startup is in talks with distribution partners to speed up their retail presence and is also investing in its R&D.

The post 14 Indian Startups Making News This Week (21 May -27 May 2018) appeared first on Delhi School of Internet Marketing- Digital marketing blog.

Consumer Internet Industry

1) Pine labs founded by Vicky Bindra: Pine Labs secured $125 million in funding from Temasek and PayPal Holdings. The investments will help them to move a step closer to their vision for building a world-class merchant-centric payments ecosystem.

2) Qtrove founded by Vinamra Pandiya: Bengaluru-based curated marketplace QTrove raised $51.57 million in funding from Springboard Ventures, an investment arm of Bennett, Coleman & Co Ltd (BCCL). The startup plans to deploy the funding to further intensify their marketing, customer acquisition efforts and vendor network through BCCL’s stable of print, television, radio and digital media.

3) MobileWalla founded by Anindya Datta and Jay Clark: Kolkata-headquartered MobileWalla, the US-based next-generation consumer data company, raised $12.5 million in a Series B funding round led by New York-based GCP Capital with participation from its existing investor, Madrona Venture Group, and a new investor, ATW Partners. The startup is viewing to grow its data science team, boost its ability to take strategic data acquisitions from partners, and make them even better and more specific.

4) Myforexeye founded by Anand Tandon: Delhi-based Myforexeye, full-service Forex startup raised Bridge round funding of $500K from InRhythm Energy Ltd. The Indian startup plans to utilize the funding for technology advancement, new product lineups and geographical expansion across the country.

Technology Industry

5) Aidia Technovations founded by Jigish Sonagara: Aidia Technovations raised an undisclosed amount of funding from the clutch of investors. The startup plans to use funds for team expansion, technology, content creation and branding for its extra curriculum marketplace, imd1 (I Am The 1).

6) Stellapps founded by Jinesh Shah, Praveen Nale, Ranjith Mukundan, Ravishankar Shiroor and Venkatesh Seshasayee: Bengaluru-based dairy-tech startup Stellapps added Bill and Melinda Gates Foundation and IndusAge Partners to its list of investors, raised $14 million. Other investors that participated in the funding round are Qualcomm Ventures and ABB Technology Ventures. The IoT-focussed startup will use the funding for product development and expansion.

Fintech Industry

7) Acko founded by Varun Dua: Online-only insurance startup Acko secured $12 million funding from Amazon in participation with Ashish Dhawan, the founder of private equity firm ChrysCap, and Catamaran Ventures. The Indian startup plans to use the funds to beef up its technology. It’s greatly tech-intensive, both, operationally and technology-wise, to set up rights across the country.

8) CoinTribe founded by Amit Sachdev, Manish Chaudhari, Manish Chaudhari and Rohit Lohia: Gurugram-based online lending startup CoinTribe for salaried individuals and business professionals has raised $10 million in a Series B funding round led by Sabre Partners. The Indian startup will use the new capital to enhance its credit underwriting algorithm, expand to new markets, and develop its technology base.

9) CredRight founded by Neeraj Bansal: Accion Venture Lab and YourNest along with a few other prominent angels mutually invested $1.3 million in the Hyderabad-based fintech startup CredRight. The company will be utilizing the funds towards onward lending with NBFCs or banks, strengthen AI or ML credit algorithm, further enhancement of tech platform, expand reach to more than 25 cities or towns as well as towards hiring & building a world-class team.

10) Orowealth founded by Nitin Agrawal, Swati Aggarwal, Vijay Kuppa and Yogesh Powar: Mumbai-based direct mutual funds investment platform Orowealth raised $1.6 million in Series A Funding from Powerhouse Ventures. Money Forward Inc, Social Capital, B Dash Ventures, Anand Chandrsekaran (Airtel ex-CPO), Dinesh Agarwal (founder Indiamart), along with existing investors M&S Partners and GSF also participated in this funding round. The startup plans to use the funds towards product innovation and to strengthen its research capabilities besides focusing on shaping alliances with partners.

11) Toffee Insurance founded by Nishant Jain and Rohan Kumar: Digital-only insurance platform Toffee Insurance secured $1.5 million in a Seed funding round led by Kalaari Capital, Omidyar Network and Accion Venture Lab. The company plans to use the funds to focus on product development and create efficiencies in channel approach as well as expanding its team. The startup also intends to build a strong insurtech team with capabilities across data science, machine learning and AI.

Healthcare Industry

12) HealWell24 founded by Harddik K Patel and J K Singha: Mumbai-based home healthcare service provider HealWell24 raised $200K in Pre-Series A round of funding from ICON, R. Ranganathan (Fresh Fund), Oncotrust and Medintel Services Pvt Ltd. The startup aims to expand to Delhi, Bengaluru, Nagpur, Cochin and Pune by 2019-2020.

Agritech Startup

13) FarmFolks founded by Lakshmipriyan VG: Bengaluru-based agritech startup FarmFolks raised an undisclosed amount of funding from Menterra Social Impact Fund and Artha Venture Challenge. The Indian startup plans to use the funding to invest in infrastructure and expand reach to cover additional products and geographies.

Food Industry

14) YCook founded by Gayathri Swahar, Janardhan Swahar and Vijay Reddy: Bengaluru-based organic, ready-to-cook processed food startup, YCook raised $5 million in a Series B round of funding from Binny Bansal backed venture capital firm, 021 Capital and Netherlands-based impact fund Oikocredit. The startup plans to use the funding to continue expanding its reach, accelerate product growth and innovation and invest in marketing.

The post 14 Indian Startups Making News This Week (28 May -03 June 2018) appeared first on Delhi School of Internet Marketing- Digital marketing blog.

Consumer Internet Industry

1) Amazon Retail India founded by Jeff Bezos: Amazon has financed $1.5 million in its Indian food retail arm, Amazon Retail India. After facing delays due to government norms in February, Amazon Retail has started its pilot services in Pune. It will now sell locally made and packaged food to consumers directly and is looking to completely roll out its food selling business in the country within a quarter.

2) ClearDekho founded by Shivi Singh and Saurabh Dayal: Delhi based budget eyewear brand, Clear Dekho raised $297.7K in a pre-Series A funding round from Venture Catalysts. The startup plans to utilize the funding to fuel their expansion, strengthen back-end and to boost their marketing initiatives. The company further plans to launch 100 stores before December 2018 and have 500 stores operational across India within the next two years.

3) Kashmir Box founded by Muheet Mehraj: Online handicrafts and handlooms marketplace, Kashmir Box raised an undisclosed amount of funding from Bhairavi Jani (SCA Group director), Alok Divatia (LG India ex-marketing head), Namrata Koul (Deutsche Bank ex-MD ), Sohail Hashemi (Amazon US software development manager), and Kashmir-based handicraft exporter Aijaz Saleem. The Kashmiri startup goals to make a boosted effort in digital marketing and expand its reach to include 30K artisans & 6K farmers.

E-commerce Industry

4) Meesho founded by Sanjeev Barnwal and Vidit Aatrey: Social commerce startup Meesho based out of Bengaluru raised $11.5 million in a Series B funding round from Sequoia Capital. Existing investor SAIF Partners also participated in the newest equity funding round. The startup plans to use the funds to rise up its tech platform and to strengthen its employee base across critical functions, such as product, supply, and technology.

Technology Industry

5) DigiConnectt founded by Prrashanth H. Nagaraj and Uma Dakshinamurthy: Bengaluru-based analytics and AI company DigiConnectt secured $125K in a Seed funding round from the US-based transport management solutions leader Aspire Logistics LLC at a pre-market evaluation of $5 million. The startup will capitalize the funds towards product innovation, for team expansion and to merge its research capabilities.

6) Inntot Technologies founded by Rajith Nair: Software Defined Radio (SDR) startup Inntot Technologies raised an undisclosed amount of funding in a seed funding round from Unicorn Ventures. The Kerala based startup plans to deploy the funds raised for acquiring hi-tech testing equipment, boosted marketing efforts, solution field testing and hiring key personnel.

7) Orbo founded by Manoj Shinde: Mumbai-based computer vision and AI imaging startup Orbo received an undisclosed amount of funding from the London-based Founders Factory in a Seed round. Founders Factory will form a customized plan to support Orbo. The startup is all set to scale at a quick pace to new markets.

8) Reculta founded by Kajal Malik: Delhi based HR Tech startup Reculta received seed funding from CIIE Initiatives. The startup plans to deploy the funds for expanding its sales & marketing efforts within & outside of India and build their tech capabilities in ML to deliver personalized insights to the users of the platform. The startup is building a campus hiring marketplace with an aim to simplify the placement/hiring processes for its principal stakeholders.

9) Avi Networks founded by Murali Basavaiah, Ranga Rajagopalan, Umesh Mahajan, and Guru Chahal: Avi Networks, California-based application delivery platform raised $60 million in Series D funding led by Cisco Investments along with DAG Ventures, Greylock Partners, Lightspeed Venture Partners, and Menlo Ventures in an oversubscribed round. The startup targets to continue its efforts to deliver elasticity, intelligence, and multi-cloud capabilities to enterprises.

Fintech Industry

10) Crowdera founded by Chet Jain: California and India based fintech startup Crowdera raised an undisclosed amount of funding as a part of its recent Pre-Series funding round. Anil Advani (the Silicon Valley startup attorney), Pramod Jain, Amrendra Reddy and Manish Satnaliwala( angel investors from Singapore) and Anand Daga (SME IPO specialist from Central India) were the prominent investors in this round. The startup plans to deploy the funding to propel the early stage growth and amplify the overall impact by improving the product and scaling customer success activities.

11) Paytm Money founded by Vijay Shekhar Sharma: One97 Communications, the Paytm’s parent company invested $1.3 million in its wealth management unit Paytm Money. Bengaluru based Paytm Money wishes to increase the size of the wealth-management customer base and bring simple and easy-to-understand wealth products to consumers.

Healthcare Industry

12) Zoctr founded by Nidhi Saxena: Healthtech startup Zoctr Health raised an undisclosed amount of Pre-Series A funding led by NB Ventures, Dubai and a host of other angel investors including Udaipur Angel Network etc. The Mumbai based startup plans to use the funds to build deeper technology and domain expertise. The startup is also looking to enter the home cancer care and chemotherapy market.

Logistics Industry

13) Hey Deedee founded by Jagdish Gothi and Revathi Roy: Hey Deedee, India’s only all-women last mile logistic services company raised pre-seed funding of $ 500K from Metaform Ventures LLC of an undisclosed sum of funding. The Delhi based startup plans to use the funds for expansion of footprint, gaining bandwidth and building technology. The startup aims to grow from current four cities to 10 cities in this calendar year 2018.

14) Locus founded by Nishith Rastogi: Bengaluru based logistics startup, Locus raised $4 million in a pre-Series B round of funding from Rocketship.vc, Recruit Strategic Partners, pi Ventures, and Hemendra Kothari of DSP Group. The startup plans to use the funds to build intellectual property (IP) and to expand globally.  Locus visualizes to automate all human decisions involved in the logistics sector.

Sport Industry

15) Sports Flashes founded by Raman Raheja: New Delhi based startup Sports Flashes raised $1 million in a Pre-Series A round from SRI Capital. The startup aims to be amongst the best sports content platforms in the country. The company would be using the investments in expanding their business with impactful and strategic initiatives.

The post 15 Indian Startups Making News This Week (03 June- 11 June 2018) appeared first on Delhi School of Internet Marketing- Digital marketing blog.

Consumer Internet Industry

1) Pixr8 founded by Nitish Singh: The online business media platform based out of Ghaziabad raised $37K in seed funding. The startup will deploy the fresh capital for expanding its customer base, acquiring readership and hiring new talent that could boost its market reach and business operations. The startup is focussed at the intersection of platforms, publishers and communities.

2) HomeLane founded by Srikanth Iyer: Bengaluru-based online home furnishing startup HomeLane secured $3.54 million from Brand Capital which is the strategic investment arm of the media giant Bennett, Coleman and Co. Ltd. HomeLane plans to deploy this fresh funding for expansion and strengthening its brand to attract customers. The startup aims to offer its customers a smoother and more streamlined home designing experience supported by technology.

3) DailyNinja founded by Sagar Yarnalkar and Anurag Gupta: DailyNinja, the hyperlocal subscription-based delivery startup based out of Bengaluru raised $3 million lead by Saama Capital and existing investor Sequoia Capital. The startup plans to expand its business by acquiring more customers across Bengaluru, Hyderabad, and Gurugram. The funds will also be utilized to upgrade customer experience by adding more offerings for their customers.

E-commerce Industry

4) eShakti founded by B.G.Krishnan: Mumbai based Paragon Partners invested $11 million in Chennai-based women’s fashion brand startup eShakti. The investment will be used to fuel startup’s growth plans.

5) What’s Up Life founded by Gaurav H Luthra: The Gurugram-based online lifestyle media platform What’s Up Life raised an undisclosed amount of funding from television personality Rannvijay Singh, who also joins the company as its brand ambassador. Currently present in Gurugram, Kolkata, and Hyderabad, the startup plans to expand to various other cities like Mumbai, Bengaluru, Pune, Chandigarh, and Jaipur in the next six months. The startup also has many exciting events and product upgrades lined up.

Technology Industry

6) Network Intelligence founded by K K Mookhey: Bengaluru-based cybersecurity services company Network Intelligence raised $4.87 million from private equity firm Helix Investments. The startup plans to use the funds for two purposes- expanding to the US and Europe markets and to enhance product development initiatives.

Fintech Industry

7) Aye Finance founded by Sanjay Sharma and Vikram Jetley: Gurugram-headquartered online lending startup Aye Finance. The company secured $21.7 million in its Series C round of funding led by CapitalG. Aye Finance will use the funding to further increase its loan book, which stands at about $77 million and in building its technology platforms.

8) CredAble founded by Nirav Choksi: Mumbai-based supply chain financing startup CredAble raised $14.8 million in a Series A funding round from Alpha Capital. The startup will mainly use the funds to expand its loan book and to accelerate its growth plans by looking at new hirings and building a robust technology backbone. The startup also plans to develop value propositions across additional ecosystems such as manufacturing, etc.

9) Nivesh.com founded by Anurag Garg and Sridhar Srinivasan: Noida based mass market mutual funds investment platform, Nivesh.com secured $440K in seed funding through LetsVenture. Rajan Anadan (Google India MD) and Basab Pradhan (former Infosys Global Sales Head) are among the major angel investors in the venture. The startup is also looking at strengthening its distribution network and in enhancing its technology platform to make it more intelligent.

10) Paytm Mall founded by Vijay Shekhar Sharma – Paytm Mall received $225 million as the last tranche of $445 million funding from SoftBank and Alibaba. SoftBank’s investment arm SB Investment Holdings invested $200 million while Alibaba put in $25 million in the e-commerce company. With this funding, SoftBank looks to take up a 21% stake in Paytm Mall, while Alibaba will hold 46%. The startup believes that online-to-offline retail is the way forward in India and aims to triple its offline presence by the end of 2019.

Healthcare Industry

11) Theranosis Life Sciences founded by Shibichakravarthy Kannan: The medical diagnostic startup based out of Hyderabad raised an undisclosed amount of funding from Mumbai Angels Network. The company aims to explore non-invasive diagnostics for cancer patients and has patented a device that can reduce the need for surgical biopsies. The startup plans to use the funds to exhibit revolutionary innovations in the cancer treatment landscape.

12) NirogStreet founded by Ram Kumar: Technology led Ayurveda platform NirogStreet raised $ 300K from the Japanese venture fund Spiral Ventures, Subho Ray (President, IAMAI) and Samir Kumar (Director of Derivatives at Deutsche Bank, Singapore).The startup plans to employ these funds for the technological advancement of their platform dedicated to make Ayurveda the first call of treatment globally. The funds would also be deployed in spreading awareness and visibility about Ayurveda.

Food Industry

13) Wow! Momo founded by Sagar Daryani: Kolkata-based quick-service restaurant chain, Wow! Momo raised an undisclosed amount from William Bissell, the MD Fabindia. Mr. Bissell will also play a role in advising us the startup on their growth strategy.

14) Everyday Gourmet Kitchen Pvt. Ltd. founded by Satyajit Roy: Mumbai-based Everyday Gourmet Kitchen Pvt. Ltd. (EGK) secured pre-seed funding of $ 300K from Pradyumna Kokil, belonging to a family of CAs from Nasik, to take the company to its next level of expansion.

The post 14 Indian Startups Making News This Week (11 June -17 June 2018) appeared first on Delhi School of Internet Marketing- Digital marketing blog.

Consumer Internet Industry

1) IndiQube founded by Rishi Das: Bengaluru-based Coworking space provider IndiQube raised $15 million equity funding in a round from WestBridge Capital. Ashish Gupta, co-founder of Helion Ventures, also participated in the round. The startup plans to use the funds to strengthen its execution capabilities and expand aggressively across Pune, Hyderabad, Chennai, Mumbai, and NCR.

2) RentSher founded by Harsh Dhand: Bengaluru-based online product rental startup raised $1.1 million funding from Abu-Dhabi based venture capital fund Shorooq Investments and Dubai-based Latitude Consultants. The startup plans to utilize the funds towards developing a global tech platform that supports customers as well as business partners. The company is also planning to use the funding for geographical expansion in some five to eight cities in India and the Middle East in 2018.

3) Muskaan Dreams founded by Abhishek Dubey: Gwalior-based non-profit social startup raised an undisclosed amount of funding from Hindustan Zinc Limited (part of Vedanta Group). Muskaan Dreams targets to transform 100 rural government schools in MP through E-learning classrooms for the students with this amount. This will create a significant impact on 15000 rural students, 300 Teachers and 100 villages across Madhya Pradesh.

E-commerce Industry

4) Purplle founded by Rahul Dash and Manish Taneja: Mumbai-based online beauty products marketplace Purplle raised $2.57 million from a group of investors. The funding round was from an unidentified London-based investment fund, with participation from Patrick Chong Fook Seng (Founder of Luxasia Group) and existing investor JSW Ventures. The startup also runs its own private label by the name of StayQuirky.

5) Wonderchef founded by Sanjeev Kapoor and Ravi Saxena: Mumbai-based startup led by celebrity chef Sanjeev Kapoor raised $10.2 million led by Amicus Capital at a valuation of $102.6 million. The online store for kitchen products plans to deploy the funds in brand building and expanding capabilities in terms of manufacturing and warehousing. The startup also aims to diversify its portfolio with new products.

Technology Industry

6) Noble House founded by Sumer Datta: Delhi-based HRtech startup Noble House secured $734K angel funding from HR and Business leaders based in Singapore and India. The startup is now looking for a Pan-India and Asia expansion before they start exploring the other geographies across the globe. The funding will also help the company improve its technology platform and accelerate hiring to create a wider outreach.

7) Pivotchain Solutions by Deepak Rao: Pune-based data science startup Pivotchain Solutions raised $290 K led by the full stack fintech platform, Mobikwik. The startup looks forward towards working with MobiKwik, to deliver the right lending solution across the user base.

Fintech Industry

8) Cashify founded by Mandeep Manocha: Gurugram-based online used phone platform Cashify secured an undisclosed amount of funding led by the Chinese recommerce giant AiHuiShou. The partnership will also enable Cashify to tap into AiHuiShou’s technology. The startup plans to expand to international markets like Indonesia and the Middle East as a joint entity by next year.

9) SMECorner founded by Samir Bhatia: Mumbai-based online microlending startup SMECorner raised $7 million in the new funding round from Capital First and existing investor Accion Ventures. The startup plans to utilize the funding to scale its loan book by expanding on its offline branches and honing its technology platform.

10) Drip Capital founded by Neil Kothari and Pushkar Mukewar: California and India-based SME lending startup Drip Capital raised $15 million in an equity funding round from Accel, Sequoia India and Wing VC investors. The startup is planning to utilize the raised funds to scale up its operations in India and for modifying its models in other geographies. The startup aims to create a playing field for existing SMEs and increase the global trade.

Healthcare Industry

11) Clinivantage founded by Abhay Chopada, Dinesh Samudra and Nilesh Jain: Mumbai-based healthtech startup Clinivantage Healthcare Technologies raised $1 million led by US-based investor group Metaform Ventures LLC. The startup plans to use the latest raised funds to scale and expand across the globe, for product development, deployment of resources for implementation, and for travel and administration. The startup offers a flagship PaaS (Platform-as-a-Service) across IoA (Internet of Applications) products and the DoTTM (Doctor of Things)-connected IoT medical devices.

Food Industry

12) Swiggy founded by Sriharsha Majety, Nandan Reddy, and Rahul Jaimini: Swiggy raised $210 million in a Series G funding led by existing investor Naspers and new investor DST Global. The round will also see participation from Swiggy’s existing shareholder, Meituan-Dianping, and a new investor, Coatue Management.  With the hottest round of funding, Swiggy marks its entry to the Unicorn club.

Automobile Industry

13) Wicked Ride founded by Anil G, Varun Agni and Vivekananda Hallekere: Bengaluru-based bike rental platform Wicked Ride raised $8.98 million in funding round from venture capital firms Sequoia Capital and Accel Partners. With the support of Sequoia and Accel Partners, the startup looks to support its expansion plans against its increasing number of competitors. Presently, Wicked Ride offers around 65 to 100 bikes at 36 out of 42 metro stations across Bengaluru.

The post 13 Indian Startups Making News This Week (18 June -24 June 2018) appeared first on Delhi School of Internet Marketing- Digital marketing blog.

Consumer Internet Industry

1) ZunRoof founded by Pranesh Chaudhary and Sushant Sachan: Pune-based cleantech startup ZunRoof raised angel funding of $242.45K led by i3N, Paipal Ventures’ Ajith Pai, Gaurav Gupta, Asia Director, Dalbergr and a bunch of IIT Kharagpur alumni based in the US. The startup plans to deploy the funding to triple its sales run rate, to boost and scale up the tech.

2) Aahaa Stores founded by Rajaraman Sundaresan: New Delhi-based office supplies etailer Aahaa Stores raised $2 million from a UAE-based global investment Group Calega. The company plans to use the newest funding to expand business across new verticals and geographies. Also, it is looking to upgrade its technology, and enhance infrastructure by inducting more independent service providers and activating superior talent.

3) Fixpocket founded by Soham Thacker: Mumbai-based crowd-working startup Fixpocket secured $250K in seed funding from La Gajjar Group. The startup utilizes the funding to set up the initial team, design, and development of technology and early-stage marketing activities.

E-commerce Industry

4) Wow Express founded by Mazhat Faruqi, Jayesh Kamat and Sandeep Padoshi: Mumbai-based e-commerce delivery platform Wow Express raised $4.5 million in a Series A round of funding from its existing investor -the Tamarind Family Private Trust of the Mansukhani family. The startup plans to utilize the capital raised to expand its geographical presence, ramp up its technology platform, and reinforce its senior management team.

Technology Industry

5) Picostone founded by Virang Jhaveri: Mumbai-based smart home automation startup Picostone secured $803.2K funding from Metaform Ventures (USA), Arise Ventures (USA), and other Indian angel investors. The startup plans to deploy the funding to further invest in technology development, in moving deeper into the existing market, and in team expansion.

6) Hashtag Loyalty founded by Dhruv Dewan: Mumbai-headquartered CRM and automation startup Hashtag Loyalty secured an undisclosed amount in a Seed funding round from New York-and Delhi-based seed stage-focused investor Ahimsa Capital. With the funding, the startup plans to increase its businesses value proposition and expand its presence.

7) Spotle.ai founded by Sk Mamtajuddin, Samual Moses and Deepak Agarwal: Kolkata-based HRtech startup Spotle.ai secured an undisclosed amount of funding and wants to continue to disrupt this space with more innovations and is preparing to file for a number of patents.

Fintech Industry

8) Cashify founded by Mandeep Manocha: Gurugram-based recommerce startup Cashify secured $12 million in a Series C round of funding led by CDH Investments and MorningSide Group, with Chinese recommerce company AiHuiShou participating as a strategic investor.

9) Paytm Entertainment founded by Vijay Shekhar Sharma: Entertainment arm of digital payments giant Paytm, Paytm Entertainment raised $8.95 million from parent company One97 Communications. The company aims to sell over 100 million tickets by the end of this year.

10) HipBar founded by Prasanna Natarajan: Chennai-based digital payments startup dedicated to serving the needs of the alcohol beverage industry HipBar raised an investment of $3.96 million from beverage alcohol company Diageo India for 26% stake.

11) Sqrrl founded by Dhananjay Kumar Singh, Samant Sikka and Sanjeev Sharma: Gurugram-based App-based investment platform Sqrrl Fintech raised $1 million in its Pre-Series A round of funding from Equanimity Venture Fund. The startup plans to deploy the funding to pursue aggressive growth and add to its product and tech prowess.

12) PolizyBazar founded by Yashish Dahiya, Avaneesh Nirjar, and Alok Bansal: PolicyBazaar, along with PaisaBazaar secured $238 million in equity financing led by SoftBank, the world’s largest technology investor, in the process joining a rapid sequence of Indian enterprises being projected into the once-elusive Unicorn club.

Healthcare Industry

13) SigTuple founded by Rohit Kumar Pandey: Bengaluru-based healthtech startup SigTuple raised $19 million in a Series B funding round from Accel Partners and IDG Ventures. SigTuple plans to deploy the Series B funding to expand assembly and distribution of AI100 as well as on research and development of new solutions, improving its existing solutions, clinical trials, and expansion in other markets.

Food Industry

14) Wholesome Habits Pvt. Ltd founded by Rishit Sanghvi: Mumbai-based healthy snacks startup Wholesome Habits secured $500K in a Seed round of funding from Sprout Venture Partners and a few high-net-worth individuals. The startup plans to use the funds mainly for marketing, branding, increasing the distribution network and beginning new products in the healthy snacks category.

Education Industry

15) Edureka founded by Lovleen Bhatia: Bengaluru-based e-learning platform Edureka raised $2 million led by Leo Capital. With the funding, the startup plans to expand global reach and accelerate growth and innovation. It also aims to achieve 6X growth in the next three years.

Agritech Industry

16) Eggoz founded by Abhishek Negi, Aditya Singh, Pankaj Pandey and Uttam Kumar: Madhya Pradesh-based egg producer and agritech startup Eggoz secured $175.3K led by a group of angel investors including Narendra Sankar, Sunil Mishra, Vishal Sharma, Anurag Jhanwar and Mohini Jhanwar. The startup plans to deploy the funding to expand their business in states Madhya Pradesh and Bihar and also build a company-owned farm in Nalanda, Bihar.

The post 16 Indian Startups Making News This Week (25 June -30 June 2018) appeared first on Delhi School of Internet Marketing- Digital marketing blog.

Consumer Internet Industry

1) Phygicart founded by Dr Jolly Antony and Anish K Joy: UAE-based e-commerce and direct marketing company, Phygicart secured $14.5 million from Boby Chemmanur, Chairman and Managing Director of Boby Chemmanur International group. The company aims to offer an opportunity to small and medium enterprises (SMEs) who come up with innovative products.

2) ThinOptics founded by Darren Lancaster, David Chute, and Teddy Shalon: California-based Eyewear startup ThinOptics raised $0.5 million led by LensKart. The startup has a patented design that allows reading glasses to stay on your nose and you can twist them to get the best fit. With the investment, LensKart aims to work closely with ThinOptics’ California team for growing the India market as well as bringing more innovations in this area.

E-commerce Industry

3) Scale Labs founded by Kiran Kumar and Pramod Panchagnula: Gurugram-based cross-border e-commerce enabler for brands and online retailers, Scale Labs secured $1 million in seed funding from the GPA Group. The company will use these funds for development of its technology product and for gaining an Indian company that has built its fulfillment capabilities in India, Dubai, and Hong Kong. Scale Labs foresees enabling brands by providing them with cutting-edge business services and technology products to address global audiences.

Technology Industry

4) Leena AI founded by Adit Jain: Gurugram-based HR Tech startup, Leena AI secured an undisclosed amount of funding from a US-based investor Y-Combinator. With fresh funding, the startup will be able to improve its pitch and make introductions to companies that can make use of this tool. The startup is looking to double down on its market leadership in India and APAC. It also aims to make way into the US market.

5) Anchanto founded by Abhimanyu Kashikar, Shafique Muhammad and Vaibhav Dabhade: Singapore- and India-based SaaS tech company Anchanto raised $4 million in the first round of the Series C investment from MDI Ventures. The company will be using funds to expand its market outreach and to build stronger regional Southeast Asia presence. As a SaaS platform, Anchanto allows e-commerce sellers, brands, retailers, warehousing and fulfillment service providers to reach over 70 e-commerce sales channels.

Fintech Industry

6) LoanTap founded by Vikas Kumar: Bengaluru-based digital lending company LoanTap raised $6.25 million in an equity funding round from Beijing-based venture capital firm Shunwei Capital. LoanTap is a digital lending platform delivering flexible EMI-free loan products to salaried professionals. The startup plans to leverage this funding by four to five times to source around $29.1 million from lending institutions, which it will then provide to more consumers.

Food Industry

7) Biryani by Kilo founded by Kaushik Roy, Ritesh Sinha, and Vishal Jindal: Gurugram-based Biryani by Kilo secured $1 million in a pre-series A round of funding from a group of investors led by Ajay Relan. With the funding, the startup plans to accomplish a sales run rate of more than $5.8 million by March 2019. The startup wants to open up more than 20 stores in metros and big cities by March 2019.

8) HungerBox founded by Sandipan Mitra: Foodtech company HungerBox secured $4.5 million in Series A funding round led by South Korea-based investment firm Neoplux, and India-focussed PE fund, Sabre Partners. The Bengaluru-based Growth Story-promoted startup plans to use the funds for its growth in India as well as fuel the company’s expansion into the South East Asian market.

Digital Industry

9) Hubhopper founded by Gautam Raj Anand: Delhi-based podcast and content-aggregator, Hubhopper raised an undisclosed amount of funding led by Mumbai-based venture capital firm Unit-E ventures. With the funding, the platform plans to expand its team, work on its recommendation plans, redemption, and marketing plans.

Automobile Industry

10) GoBumpr founded by Karthik Venkateswaran, Nandha Kumar Ravi and Sundar Natesan: Chennai-based automobile aftermarket platform, GoBumpr secured $600k in Pre-Series A funding led by the existing investors – The Chennai Angels (TCA), Keiretsu Forum and individual investors. GoBumpr is keen to digitize the after-market space and goals to be India’s most trusted auto commerce solution for consumers.

The post 10 Indian Startups Making News This Week (01 July -08 July 2018) appeared first on Delhi School of Internet Marketing- Digital marketing blog.

Consumer Internet Industry

1) Groww founded by Lalit Keshre- Bengaluru-based Groww secured $1.6 million in a pre-series A round of funding from Insignia Ventures Partners, Lightbridge Partners, Kairos with participation from existing investors Mukesh Bansal and Ankit Nagori. The startup plans to use the funding to further reinforce its technology and build scalable growth channels.

2) Spanugo founded by Doc Vaidhyanathan and Doss Karan- Chennai-based Spanugo raised an undisclosed amount of money from the Ideaspring Capital and the Fabric along with strategic angel investors. The funding will be used for product development, go to market and expanding the tech team in India.

3) Headout founded by Suren Sultania, Varun Khona, and Vikram Jit Singh- US and India-based spontaneous experiences provider Headout raised $10 million in a Series A Funding round led by Nexus Venture Partners. The funds will be used for launching services in 100 cities by 2019, expanding the team worldwide and investing in technology to further enable unified last-minute mobile reservations for local experiences.

4) MEngage founded by Manmohan Singh- Jaipur-based app factory platform MEngage raised seed round of $175K from group of angels- Siddharth Agarwal (CEO, Silk Asia and President , TiE Rajasthan), Mahaveer Sharma (Chairman, RAIN ),  Amit Singal (Founder & CEO, Startup Buddy),  Anil Gupta from Doha , Sanjay Harpavat ,  Dr. Bharat Mohan Raturi,  Dr Dhananjay Mangal  and 100 Co-founders Lab.

E-commerce Industry

5) Shop101 founded by Abhinav Jain: Social e-commerce platform Shop101 secured $5 million in a funding round from Stellaris Venture Partners. Others who participated in the funding round were Vy Capital, TaxiForSure co-founder Raghunandan G, and Lispace co-founder Ramakant Sharma. The startup will be utilizing the funds to reinforce its core leadership and product team, scale the supplier network and improve the technology platform.

Technology Industry

6) Survaider founded by Tushar Mishra: Bengaluru-based SaaS-based customer experience management platform Survaider secured an undisclosed amount of money from Rajesh Dembla, an investor for Justdial and Dunzo. The startup plans to scale to $1 million ARR along with adding more geography internationally.

7) SmartVizX founded by Gautam Tewari: Noida-based virtual reality startup SmartVizX raised $1.45 million in a pre-series A funding round from YourNest Venture Capital along with the participation of the Indian Angel Network’s IAN fund. The funds will be deployed for scaling up the product team and building additional capabilities to the product, along with international expansion.

8) 19th Mile founded by Vijay Gogoi: Gurugram-based AI-based field acceleration startup 19th Mile raised a round of angel investments $180K led by HNIs. The startup will be using the funds to strengthen its product, boost technology team, and launch brand awareness initiatives in India and other international markets.

Fintech Industry

9) IndiaLends founded by Mayank Kachhwaha: Delhi-based consumer lending startup IndiaLends raised $10 million in a Series B round of funding led by London-headquartered asset management firm ACPI Investment Managers and India-focused venture capital firm Ganesh Ventures. Amex ventures, along with the other existing investors in the company, such as DSG Consumer Partners and AdvantEdge Partners, also participated in the latest funding round. The startup will be launching new products such as an app-based line of credit and point-of-sale loans to meet the needs of our customers.

10) McXtra founded by A S Narayanan and Nimish Airon: Mumbai-based digital insurance startup McXtra raised a pre-Series A round of $1.3 million funding from a group of twelve unnamed investors. The startup will be deploying the funds to scale up its tech platform and to reach out to more users.

11) Wishberry founded by Anshulika Dubey and Priyanka Agarwal: Mumbai-based crowdfunding platform secured $1.4 million in a series A round of funding from Reliance Entertainment and 3one4 Capital. The funding will be used to launch crowdfunded film studio for low-budget cinema. Further, the startup will utilize funds to expand its team, especially to hire experienced talent in the film production and distribution space.

Healthcare Industry

12) SynThera Biomedical founded by Nilay Lakhkar: Pune-based healthcare startup, SynThera Biomedical raised an undisclosed amount of Seed funding led by an equity crowdfunding platform 1Crowd and the Biotechnology Industry Research Council (BIRAC) seed scheme. The funding will be utilized for the expansion and launch of their first line of bone graft substitute products in the market.

13) 5th Vital founded by Pratap Chandra: Bengaluru-based healthcare services startup 5th Vital raised $250K from Brand Capital, the Times of India’s strategic investment arm. The company will use the funds for expansion and marketing.

14) iNICU founded by Gautam Yadav and Harpreet Singh: New-Delhi based information technology service provider iNICU (Integrated Neo Natal Intensive Care Unit) raised an undisclosed amount of money from Venture Catalysts. The startup will be using the funding to enter into international healthcare market to address the global need with its solution.

Education Industry

15) Genext Students founded by Ali Asgar Kagzi and Asad Daud: Mumbai-based O2O education solutions providing platform Genext Students raised $250K in a bridge round of funding from a group of undisclosed investors. The startup will use the funds raised to fuel its expansion plans in terms of services and markets while it will also make its tech backbone more strong. In terms of tech integration, it will expand the role of AI and other tech tools that will be useful for tutors to deliver much better & measured learning outcomes.

16) Magic Crate founded by Karthik Lakshman: Bengaluru-based education startup Magic Crate raised an undisclosed amount of money in its 3^rd round of funding from Fireside Ventures and 3one4 Capital. Magic Crate will be using the funds to develop a new range of products, market the brand, and to grow the sales channel.

Automobile Industry

17) Boodmo founded by Oleksandr Danylenko and Yevgen Sokolnikov: Gururgram-based online marketplace for automobile spare parts Boodmo raised $729.6K worth of investment through FDI from an undisclosed investor. The startup will be expanding its sorting hubs nationally and fortify its existing operations.

Real Estate Industry

18) Zippserv founded by Sudeep Anandapuram and Debashish Hota: Bengaluru-based real estate risk assessment platform Zippserv raised pre-Series A funding of $440K led by their existing investors, including Info Edge (India) Ltd. The company will use the new funds to aid in the expansion of their offerings to Mumbai and Pune in the coming months.

The post 18 Indian Startups Making News This Week (09 July -15 July 2018) appeared first on Delhi School of Internet Marketing- Digital marketing blog.

Consumer Internet Industry

1) Woodenstreet founded by Lokendra Ranawat, Dinesh Pratap, Virendra Ranawat and Vikas Baheti: Jaipur-based online custom-furniture platform Woodenstreet secured $1 million in a Series A funding round led by RVCF (Rajasthan Venture Capital Funds). The startup plans to expand and open new stores in other major cities, which will help the company to maintain their market leadership for customized solid-wood furniture.

2) StayAbode founded by Viral Chhajer, Devashish Dalmiya and Varun Bhalla: Bengaluru-based co-living space provider StayAbode raised an undisclosed amount of funding in a pre-Series A round led by Anupam Mittal (CEO, People Group), Vineet Sekhsaria (Head, Real Estate Investing, Morgan Stanley), and Japanese gaming company Akatsuki Inc. The startup plans to deploy the funding to scale its business and create more supply as demand increases. It also wants to expand in several other cities in due course of time and plans to go deeper into micro markets.

3) Muskaan Dreams founded by Abhishek Dubey: Youth-driven social startup Muskaan Dreams secured a funding of $218K led by Hindustan Zinc Limited. The startup plans to use the funding to transform 100 rural government schools in MP through online learning classrooms for students. The startup will help students in better understanding of subjects especially Maths, Science, and English with the help of audiovisual content and internet support.

4) SaffronStays founded by Tejas Parulekar: Micro hospitality startup SaffronStays raised $2 million in pre Series A funding from VC Sixth Sense Ventures. The startup has planned to deploy funds to accelerate its growth, hire top talent, and expand its inventory.

Technology Industry

5) Foyr founded by Shailesh Goswami:  VR focused prop-tech startup Foyr raised 4.2 million in an extended Series A Round led by SRI Capital, JLL, and other investors. The startup has planned to use funds to enter the US Market.

Fintech Industry

6) OfBusiness founded by Asish Mohapatra, Bhuvan Gupta, Chandranshu Sinha, Nitin Jain, Ruchi Kalra, Ruchi Kalra, Srinath Ramakkrushnan, and Vasant Sridhar: Gurugram-based SME lending startup OfBusiness raised $29.2 million in a Series C funding round from Creation Investments and Falcon Edge. Other existing investors like Matrix Partners India and Zodius Capital also participated in the funding round. The startup plans to utilize this funding to source funds from banks and other NBFCs for onward lending.

7) Amazon Pay founded by Jeff Bezos: Amazon India’s digital payment platform Amazon Pay raised $33.5 million led by Singapore-based Amazon Corporate Holdings and Amazon.com.incs. Amazon invested in Amazon Pay as it is looking to increase traction on the platform with cashback offers for shopping on its site. Further, the company is also planning to push Amazon Pay beyond its platform to third-party online merchants as well as to offline touchpoints.

Healthcare Industry

8) Welcomecure founded by Jawahar J. Shah and Punit Desai: Mumbai-based online homeopathy platform Welcomecure secured an undisclosed amount of funding from Bollywood couple Riteish and Genelia Deshmukh. The startup plans to deploy the funding to reinforce its infrastructure, expand the team, and promote the brand through consumer engagement activities.

Education Industry

9) Unacademy founded by Gaurav Munjal, Hemesh Singh and Sachin Gupta: Bengaluru-based edtech startup Unacademy raised $21 million in a Series C funding round from Sequoia India, SAIF Partners, and Nexus Venture Partners along with existing investor Blume Ventures. The startup plans to utilize the funding to onboard new educators on the platform and to penetrate deeper into categories including courses for pre-medical, GATE, and CAT. Also, it will be using the funds to support its core product and technology team.

Digital Media Industry

10) The Ken founded by Ashish K Mishra, Rohin Dharmakumar and Seema Singh: Subscription-based news company The Ken raised $1.5 million in a Series A funding round from Omidyar Network. The funding round also saw participation from Yuj Kutumb, the Family Foundation headed by Sid Yog, the Founder and Managing Partner of The Xander Group Inc., and a mix of existing and new angel investors. The startup plans to use new funds for fresh hiring and boosting growth.

11) Vebbler founded by Puneet Kumar and Sahil Bhagat: Bengaluru-based photo sharing application Vebbler raised an undisclosed amount of funding in a pre-Series A round. The funding round was backed by investors including Ambiga Subramanian, ex-CEO of Mu Sigma, actor Dino Morea, and VJ Nikhil Chinapa. The startup further plans to deploy the funding for senior-level hiring and marketing.

Food Industry

12) Eatigo founded by Judy Tan, Michael Cluzel, Pumin Yuvacharuskul and Siddhanta Kothari: Bangkok and India-based online restaurant reservation platform Eatigo raised a follow-on-funding as a part of its pre-Series C round from existing investor Tripadvisor. The startup plans to use the funding to expand in numerous markets and to further extend its product offerings. The startup will also be using the funds to expand its presence and services across the Asia Pacific region.

Entertainment Industry

13) TVF founded by Arunabh Kumar: TVF (The Viral Fever) raised an additional $6 million from existing investor Tiger Global. TVF generates its revenues through marketing and advertising streams associated with its content viewership.

14) FIRSTCut App founded by Abhinav Tyagi and Rishabh Ranjan: An online audition application FIRSTCut App, raised an undisclosed amount of funding from Kunal Singhal, MD, EazyERP. The startup plans to use the funding to reach out to a huge talent sitting in smaller towns. The latest funding will help the startup to augment and consolidate its position with some of the most influential clients in the market and add talent to its team.

15) Bigtree Entertainment founded by Ashish Hemrajani: Bigtree Entertainment, which runs the online ticket booking platform BookMyShow. The company raised $100 million in a Series D funding round led by TPG Growth, the middle market, and growth equity investment platform of alternative asset firm TPG. The company plans to use the latest funding to fuel its growth plans as it transforms into the ultimate ‘Entertainment Destination’ for its customers.

Automobile Industry

16) Cars24 founded by Mehul Agrawal and Vikram Chopra: Gurugram-based online used car marketplace Cars24 raised $49.7 million led by Sequoia Capital India and other existing investors like Cayman Islands-based Kingsway FCI Fund and Toronto-based KCK Global. The startup plans to create an efficient and reliable way for car owners to sell their used cars at the best price.

The post 16 Indian Startups Making News This Week (16 July -22 July 2018) appeared first on Delhi School of Internet Marketing- Digital marketing blog.