Home > Blog > Blog > 12 Indian Startups Making News This Week (19 March-25 March 2018)

12 Indian Startups Making News This Week (19 March-25 March 2018)

26/03/2018

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Consumer Internet Industry

1) What’s Up Life founded by Gaurav H Luthra: Gurugram-based What’s Up Life raised an undisclosed amount of funding led by Karan Puri, author and Praveen Puri of Skyline Knowledge Centre, a Skyline Education Group Company. The startup will deploy the fresh funding for expansion and growing its team to newer cities and will also create new business lines.

E-commerce Industry

2) ZineOne founded by Arnab Mukherjee, Debjani Deb and Manish Malhotra: Bengaluru-based customer engagement company ZineOne secured $2.5 million in Series A round of funding from Omidyar Network. It plans to use the funds towards accelerating sales, marketing and the execution of a product roadmap that is focused on building the most intelligent system within its category, with significant investments toward getting top talent in machine learning and artificial intelligence.

Technology Industry

3) One Labs founded by Rahul Gupta: AI-based startup One Labs secured an undisclosed amount of funding from handset maker Micromax Informatics. The funding will be used for further product development and have 200+ apps on the platform within the next 12 months by opening inOne to third-party developers and making it an instant app platform.

4) CustomerSuccessBox founded by Amritpal Singh and Puneet Kataria: San Francisco- and Gurugram-based CustomerSuccessBox, a customer success platform for B2B SaaS companies, secured $1 million in a Pre Series A round of funding from early-stage venture fund pi Ventures and Axilor Ventures. The startup plans to use the funding to drive growth and product innovation.

Fintech Industry

5) i2iFunding founded by Abhinav Johary, Manisha Bansal, Neha Aggarwal, Raghavendra Pratap Singh and Vaibhav Pandey: Noida-based P2P lending startup i2iFunding raised $768K from SucSEED Venture Partners; Manish Poddar, a serial entrepreneur and investor, and a group of angel investors. The company will deploy the funds to reinforce its technology infrastructure and geographical expansion.

6) ChargeBee founded by KP Saravanan, Krish Subramanian, Rajaraman Santhanam and Thiyagarajan T: Chennai-based subscription management and recurring billing solutions startup Chargebee secured $18 million Series C funding led by New York-based Insight Venture Partners. The company will deploy the funding to expand globally and improve closeness to customer locations, increase investments in product, sales marketing, and growth initiatives.

Healthcare Industry

7) Karma Healthcare founded by Jagdeep Gambhir: Kolkata-based healthcare startup Karma Healthcare raised $500K led by 1Crowd, existing investors Ankur Capital, Ennovent Capital and Beyond Capital, and angel investors. The company will utilize the funding to scale its operations as well as improve its technology offering to develop the quality of care and provide great tolerant experience.

Food industry

8) Kottaram Agro Foods founded by Prashant Parameswaran: Bengaluru-based packaged foods company, Kottaram Agro Foods secured $5.3 million in funding from Aavishkaar’s Bharat Fund. The company will utilize the funds to help the company support its product ‘Soulfull’ portfolio, accelerate marketing and expand its distribution reach to over 50,000 retail outlets in the next 3 years.

9) Zappfresh founded by Deepanshu Manchanda and Shruti Gochhwal: Gurugram-based raw meat etailer Zappfresh secured $3 million in funding from Amit Burman, Vice Chairman of Dabur India with participation from SIDBI Venture Capital. The company will deploy the funding to expand Zappfresh’s supply chain, strengthen its management team and widen its geographical presence.

10) Fingerlix founded by Shree Bharambe: Mumbai-based footech startup, Fingerlix secured $1.31 million in venture debt funding from Alteria Capital’s maiden venture debt fund. The company will deploy the funding towards building out Fingerlix’s production capacity, expansion of the product suite as well as growth into newer markets.

Education Industry

11) GigIndia founded by Sahil Sharma: Pune-headquartered GigIndia, which provides micro-jobs to students, secured an undisclosed amount of Seed funding from a consortium of angel investors. The company will deploy the freshly raised funding for its expansion, hiring of staff and shaping the product with automation techniques to improve the user experience.

Entertainment Industry

12) GSC (Global Sports Commerce) founded by M S Muralidharan: Emerald Media leading $80 million funding round Singapore and Chennai-based sports tech company GSC (Global Sports Commerce) through a combination of primary and secondary investments. The company will use the new funding for inorganic acquisition opportunities, develop next-generation technologies for the sporting ecosystem, and expand GSC’s operations in Asia and the US.

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