A daily newsletter summarizing interesting Indian startups and recent activity both in India & globally
INTERESTING STARTUPS
Cadlr (2015, Gurgaon) Mobile based networking platform for used car dealers. Founders are from Samsung, Yahoo, Monster and alumni of Seoul National University, IIT-KGP and Times School of Marketing.
INDIA INTERESTING NEWS
FlipClass (2013, Bangalore) Web-based marketplace for offline home tutoring raises $1M funding from S Chand and Company and Blume Ventures Link
Proximit (2015, Pune) Location based contextual advertising platform raises $149K from a crowdfunding platform 1Crowd Link
Wipro (1945, Bangalore) Software services firm invests undisclosed amount in Emailage (2012, Chandler) Cloud based email risk assessment solution provider Link
eSwasthya (2014, Ahmedabad) Online medicine delivery aggregator raises an undisclosed amount of seed funding from Hemang Sahani, a member of Lothal Angel Ventures Link
AdLift (2009, Gurgaon) Digital Marketing Agency and YouWeCan Ventures together launch Yral (2016, Gurgaon) Platform connecting brands with celebrities and social media influencers Link
Mahindra & Mahindra (1945, Mumbai) Automobile manufacturing corporation announces Trringo, a mobile app for farmers to hire equipment Link
Medikoe (2015, Bangalore) Platform for healthcare appointment booking has partnered with Manipal Ambulance Response Service along with Helpzone (2016, Bangalore) Emergency medical assistance provider to initiate emergency care treatment in Bangalore Link
GLOBAL ROUNDUP
HealthTell (2011, San Ramon) Developer of a diagnostic platform capable of assessing an individual’s immune system response to specific diseases raises $26M in series B funding from Third Point Ventures Link
LendInvest (2013, London) Investment platform for property mortgage loans raises $25M in series B funding from Atomico Link
Cambridge Epigenetix (2012, Cambridge) Developer of epigenetic sequencing technologies raises $21M in series B round from GV (formerly Google Ventures) with participation from Sequoia Capital and existing backers Link
Marley Spoon (2014, Berlin) Recipe kit delivery service raises $17M in series B funding from QD Ventures, Kreos Capital and existing investors including Lakestar Link
Arterys (2012, SF) SaaS analytics platform for medical image analysis raises $12M series A financing from GE Ventures, the Stanford-StartX Fund, Stanford Health Care and Norwich Ventures Link
Alooma (2013, Tel Aviv) Provider of big data processing in real time delivered as a cloud service raises $11.2M in series A round led by Lightspeed Venture Partners and Sequoia Capital Link
Cainiao (2013, Hangzhou) Alibaba-backed logistics firm has raised undisclosed amount of funding from Temasek Holdings and GIC in Singapore, Malaysia’s Khazanah Nasional and China-based Primavera Capital at a valuation of $7.7B Link
The New York Times Company (1851, NYC) Global media organization acquires HelloSociety (2012, Santa Monica) Digital marketing agency for undisclosed amount Link
Data Collective, SF based venture capital firm focused on Big Data launches two funds totaling $280M Link