A daily newsletter summarizing interesting Indian startups and recent activity both in India & globally
INTERESTING STARTUPS
Citizengage (2015, Bangalore) Data driven waste management company that collects, segregates and disposes municipal waste. Founders are ex-LinkCycle and Great Eastern Shipping Company and one founder is UC Berkeley alumnus. Local competitors include Let’s Recycle (2006, Ahmedabad, $4.5M), dry waste management services provider and Banyan Nation (2013, Hyderabad, $800K), on-demand recyclable waste pickup services and plastic recycling company. Global companies include Rubicon Global (2008, Atlanta, $80M) and Winter Bros Waste Systems (1950, Danbury, $28M)
INDIA INTERESTING NEWS
SwitchMe (2012, Mumbai) Online loan comparison engine and service provider switching platform bags undisclosed amount of funding from Mohandas Pai, Hiro Mashita and Singapore Angel Network Link
Ressy (2015, Pune) Real time location based deals from restaurants ties up with Paytm (2011, Noida) Mobile wallet, e-commerce platform and payment bank and Mobikwik (2009, Gurgaon) Mobile recharge, wallet, bill payments Link
VistaRooms (2015, Mumbai) Branded marketplace for budget hotel accommodation to enter five new countries by 2016-end Link
Portea (2013, Bangalore) Marketplace for at-home healthcare services acquires Health Mantra(2012, Bangalore) Provider of health technology products along with patient and hospital services in an undisclosed cash and stock deal Link
GLOBAL ROUNDUP
PanTheryx (2007, Boulder) Medical nutrition company raised $53M in financing from Pegasus Capital Advisors Link
Asana (2009, San Francisco) Platform for teams to track their work raised $50M in series C funding round led by Sam Altman with participation from 8VC, Founders Fund, Tony Hsieh, Mark Zuckerberg and Priscilla Chan, Andrew Mason, Eric Ries and others Link
Zavante Therapeutics (2014, San Diego) Late clinical-stage biopharmaceutical company closed a $45M series A financing from Frazier Healthcare Partners, Longitude Capital and Aisling CapitalLink
Invoca (2007, Santa Barbara) Call intelligence company secured $30M in series D financing led by Morgan Stanley Alternative Investment Partners Link
Cyara Solutions (2006, Redwood City) Provider of a customer experience testing and monitoring platform secured $25M in series A funding round led by PeakSpan Capital and Greenspring Associate Link
Cockroach Labs (2015, NYC) Company behind CockroachDB which is an open source, scalable SQL database raised $20M in series A1 round of funding round led by Index Ventures Link
Parlio (2014, Palo Alto) Community to discuss issues of social justice got acquired by Quora(2009, Mountain View) Question and answer website for an undisclosed amount Link