A daily newsletter summarizing interesting Indian startups and recent activity both in India & globally
INTERESTING STARTUPS
Shopperts (2016, Delhi) Community-based fashion product discovery platform. Founders are ex- IBM, Mentor Graphics, and IIT-KGP, Rice University, University of Maryland alumni. Local competitors include Yebhi (2009, Gurgaon, $40M)
INDIA INTERESTING NEWS
Nestaway (2015, Bangalore) Marketplace for managed rentals raises $30M in funding from Tiger Global and others Link
Naturals (Chennai, 2000) Chain of beauty salons invests $15M in Vyomo (Singapore, 2014) mobile-based beauty and wellness services startup, acquiring a majority stake and rebrands it to Naturals@Home Link
MindYourFleet (2014, Noida) Car fleet management solution raises undisclosed amount of angel funding from undisclosed investors Link
OrganicShop (2011, Jaipur) Online store of branded and certified organic products raises undisclosed amount of funding from Vivek Nathani, Yogesh Chaudhary and Kamal Kothari Link
IndiaQuotient, a Mumbai based micro VC firm is launching its accelerator program called IQ Snipers Link
GLOBAL ROUNDUP
Flipp (2008, Toronto) App-based solution for retailers to digitize their promotion-based flyers raises $61M from General Atlantic Link
Quartet (2014, NYC) Population health management platform for integrated behavioral and medical health raises $40M in series B funding round led by GV with participation from Oak HC/FT Partners, F-Prime Capital Partners and Polaris Partners Link
ACCO Semiconductor (1994, Sunnyvale) CMOS RF solutions for smartphones and IoT raises $35M in funding round led by Bpifrance with participation from Foundation Capital, Pond Ventures, Partech Ventures and others Link
Organogenesis (1985, Canton) Regenerative therapies developer for wound care raises $30M from undisclosed investors Link
Onfido (2012, London) Automated background and reference checking services for employers raises $25M from Idinvest Partners with participation from Wellington Partners and CrunchFundLink
OnShift (2008, Cleveland) Staff scheduling software for healthcare raises $18M in series D funding round led by Health Velocity Capital with participation from Draper Triangle Ventures, Early Stage Partners, Fifth Third Capital, HLM Venture Partners, North Coast Venture Fund and West Capital Advisors Link
EdCast (2013, Mountain View) Platform for creating own branded live courses raises $16M in series B round of funding led by GE Asset Management with participation from SoftBank Capital, Cervin Ventures, Stanford StartX Fund and Penta Global Link
TargEDys (2015, Rouen) Developer of solutions to regulate appetite raises $6.5M in series A funding round led by Seventure Partners, NCI and Pontifax Link
Crosswise (2013, Tel Aviv) Cross device advertising company gets acquired by Oracle (1977, Redwood city, IPO), Computer technology corporation developing and marketing computer hardware systems and enterprise software products, for $50M USD Link