A daily newsletter summarizing interesting Indian startups and recent activity both in India & globally.
INTERESTING STARTUPS
Pedagogy (2016, Pune), AI-enabled personalized learning platform. Founders are ex-Cyberoam Technologies, Elitecore Technologies and are alumni of Purdue University. Local comparable is ThirdLeap (2014, Hyderabad).
Global comparables are Acrobatiq (2013, Pittsburgh, $10.4M) and Claned (2013, Helsinki, $9.24M).
INDIA INTERESTING NEWS
Gold Farm (2013, Bangalore), digital platform for harvest equipment booking, raises $2M in Seed round of funding from Mahindra & Infuse Ventures. Link
Stage 3 (2015, Delhi), online luxury fashion rental portal, plans to raise $2.5M in funding from undisclosed investors, as per reports. Link
Flipkart (2007, Bangalore), online horizontal marketplace, ties up with Decathlon (2004, Bangalore), offline and online store for sports goods, to sell sports merchandise. Link
Snapdeal (2007, Delhi), online horizontal marketplace, CTO Rajiv Mangla quits. Link
Perpule (2016, Bangalore), provider of self-checkout solution for offline retail stores, partners with HyperCity (2004, Mumbai), chain of supermarkets, to open two fully cashier-less stores in Hyderabad. Link
GLOBAL ROUNDUP
Carousell (2012, Singapore), P2P mobile marketplace for garage sales, raises $70-$80M in Series C round of funding from undisclosed investors. Link
RiskGenius (2016, Overland Park), provider of machine learning solution to review insurance policies, raises $50M in Seed round of funding from QBE Ventures. Link
Braviant Holdings (2014, Chicago), provider of alternative financing solutions, raises $40M in funding from Redpoint Capital Group. Link
Eidoo (2017, Chiasso), application for managing assets in blockchains, raises $27.9M in ICO. Link
Buddy Platform (2006, Australia), platform for collecting and processing Internet of Things (IoT) data, raises $23M in funding from undisclosed investors.Link
Farmobile (2013, Leawood), developer of a device for collection and interpretation of agricultural machinery data, raises $18M in Series B round of funding from Anterra Capital, AmTrust Agricultural Insurance Services and existing investors. Link
