A daily newsletter summarizing interesting Indian startups and recent activity both in India & globally
INTERESTING STARTUPS
Bloomist (2016, Bangalore) Marketplace for recruitment consultants. Founder is ex-Tracxn, Flipkart and alumni of IIT-KGP. Local competitor is PiQube (2012, Chennai, $500K). Global comparables are HunterOn (2012, Shanghai, $30M) and BountyJobs (2006, NYC, $30M)
INDIA INTERESTING NEWS
Infibeam (2007, Ahmedabad) Online retail marketplace to launch $67M IPO today Link
LogiNext Solutions (2013, Mumbai) Real-time asset tracking hardware and big data analytics platform raises $10M from Paytm Link
Lifcare (2015, Jaipur) Subscription based medicine delivery raises $1M in a round led by angel investor Rajul Garg Link
CreditSeva (2011, Hyderabad) Credit reports analysis, correction and monitoring service provider raises Rs 2.4 crore in a bridge round from investors including Pix Vine Capital and Infocomm Investments Link
Withme (2015, Gurgaon) Social fashion discovery app raises $250K funding from angel investors including Alex Kuruvilla (MD, CondeNast), Pradeep Guha (ex-Head, Zee Group and TOI) and Saket Dhankar (Head of Lakme Fashion Week) Link
goSporto (2016, Gurgaon) Online platform to book sports grounds & courts raises $30k in seed funding from Singapore-based angel investor Naveen Gupta Link
Mobikwik (2009, Gurgaon) Mobile wallet, recharge, bill payments ventured into the hyperlocal space with the launch of ‘Explore Nearby’ Link
Alibaba (1999, Hangzhou) B2B marketplace for small businesses all set to enter Indian ecommerce market by end of 2016 Link
OneClickwash (2014, Gurgaon) Online laundry and dry cleaning service provider raises undisclosed funding amount from Unitus Seed Fund Link
Indus Net (1997, Kolkata) Internet consulting company has acquired InfluxERP (Kolkata, 2009) ERP solution provider Link
GLOBAL ROUNDUP
ApniCure (2010, Redwood City) Home use device for sleep apnea treatment raises $16M in funding from undisclosed investors Link
Mattermark (2013, SF) Data signaling platform for VC and sales raises $7M in series B funding led by Foundry Group and Jon Hallet Link
Crowdfox (2014, Cologne) Online marketplace raises $6M in funding from Dr. Axel Meyer, Dr. Thomas Fischer, Peter Hartkopf, Manon Goo, Arndt Geiwitz and Dirk Pahlke Link
Bloomup (2010, Marseille) Cosmetics company raises $4M in funding from ACG managementLink
Anellotech (Pearl River) Producer of renewable chemicals from non-food biomass raises $3M in equity funding from undisclosed investor Link
ServisHero (2015, Kuala Lumpur) On demand marketplace for local services raises $2.7M in pre-series A funding from Golden Gate Ventures and Cradle Seed Ventures Link
TinkerGarten (2014, Northampton) Children education through outdoor activities raises $1.6M in seed funding led by Omidyar Network Link
WeWork (2010, NYC) Co-working space and professional community acquires Welkio (2010, SF, $400K) Digital sign-in system for guests at an office for an undisclosed amount Link
Union Square Ventures, NYC-based venture capital firm closes its latest fund at $167M Link