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14 “NEW BUSINESS IDEAS” For You This Week (17-23 Sept. 2018)

26/09/2018
funding-dsim
S.No. Startup Ideas Founded In Founder Funding Amount
 1. Ola 2010 Ankit Bhati, Bhavish Aggarwal $50 million
 2. CleanseCar 2018 Kalyandar Vinukonda, Pratibha Shalini Undisclosed
 3. Sheroes 2013 Sairee Chahal Undisclosed
 4. Flipkart 2007 Binny Bansal, Sachin Bansal $475.75 million
 5. Livspace 2012 Anuj Srivastava, Ramakant Sharma, Shagufta Anurag $70 million
 6. ShareChat 2015 Ankush Sachdeva, Bhanu Singh, Farid Ahsan $100 million
 7. Knocksense 2016 Vibhore Mayank, Varul Mayank Undisclosed
 8. NewsBytes 2013 Sumedh Chaudhry, Shikha Chaudhry, Romesh Khaddar, and Sripriya Yegneswaran $1 million
 9. DocPrime 2018 Alok Bansal, Yashish Dahiya $50 million
 10. Cyclops MedTech 2015 D R Srinivas, Dr. Srinivas Dorasala, Niranjan Subbarao, Ravi Nayar $1 million
 11. Xplorabox 2015 Dhirendra Meena, Rishi Das Agarwal Undisclosed
 12. Mate Labs 2016 Kailash Ahirwar, Rahul Vishwakarma $550K
 13. Parkwheels 2015 Dhananjay Rathore, Sumit Jain $166K
 14. Qbera 2015 Aditya Kumar, Anubhav Jain $3 million

Consumer Internet Industry

1) Ola

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Founded: 2010

Founder: Ankit Bhati, Bhavish Aggarwal

Funding raised: $50 million

Summary: Ola is a mobile app that brings together cab drivers and customers using technology to make transportation hassle-free in India.

It secured their recent funding from two new investors – Hong Kong-based Sailing Capital and the China-Eurasian Economic Cooperation Fund (CEECF).

Working Model: Ola is basically an “On- Demand” Taxi Hailing Service using which people with smartphones can book a chauffeur driven cab in a driven by owners or helps of the owners of the cars.

Future Planning: The Company has been expanding its global presence having launched operations in New Zealand, Australia, and The UK.

2) CleanseCar

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Founded: 2018

Founder: Kalyandar Vinukonda, Pratibha Shalini

Funding raised: Undisclosed

Summary: Bengaluru-based daily car cleaning and standardized repair startup CleanseCar raised Seed funding from Dhianu Das.

The startup offers environment-friendly waterless car wash available to customers through mobile its mobile app, ensuring flexibility.

Working Model: It offers quality end-to-end car cleaning services to its customers at their doorsteps at competitive prices.

Future Planning: The startup plans to use this fund to expand its geographic presence and also invest in research & development, to create a comprehensive and environment-friendly end-to-end solution for car owners.

3) Sheroes

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Founded: 2013

Founder: Sairee Chahal

Funding raised: Undisclosed

Summary: Sheroes is a platform centric model that helps connect businesses to women professionals. This Delhi-based platform raised an undisclosed amount of funding from Leo Capital, and Facebook executive Anand Chandrasekaran.

Working Model: Sheroes is a career support platform that takes into account the life stages to help women choose work opportunities that suit them the best.

Future Planning: The startup will use the fresh funds to strengthen its vernacular reach, and build more value for its members.

E-commerce Industry

4) Flipkart

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Founded: 2007

Founder: Binny Bansal, Sachin Bansal

Funding raised: $475.75 million

Summary: Flipkart initially started as an online book store. Later, as the company’s popularity grew, it also started selling other items and revolutionized Indian e-commerce market in India.

It is one of India’s leading e-commerce marketplaces, received its recent funding from Flipkart Marketplace, Singapore.

Working Model: B2C portal which delivers shopping opportunities to the Indian consumers. It allows the sellers to sell their collection of products by giving attractive discounts to its consumers.

Future Planning: The Company plans to add more exclusive partnerships and expand its collection of globally recognized labels in the coming months.

5) Livspace

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Founded: 2012

Founder: Anuj Srivastava, Ramakant Sharma, Shagufta Anurag

Funding raised: $70 million

Summary: Livspace is the end-to-end home design and decor service provider where you can design, decorate and furnish your dream home.

Recently, it raised in a Series C funding round led by US-based private equity company TPG Growth and global investment bank and active investor Goldman Sachs.

Business Model:  A platform wherein designers, architects, contractors et al can come together and will automatically get access to a high quality customer.

Future Planning: The startup plans to use the funds to expand its presence from seven cities to 13 by 2019.

Digital Media Industry

6) ShareChat

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Founded: 2015

Founder: Ankush Sachdeva, Bhanu Singh, Farid Ahsan

Funding raised: $100 million

Summary: ShareChat is a social networking and regional content platform. It allows users to create, discover and share content in their preferred Indian language from digital platforms to its own interface and vice versa.

Bengaluru-based company ShareChat raised funding round that will boost its valuation to $460 million.

Working Model: The platform is a little bit of everything from Facebook, to Twitter to Instagram, to Pinterest. They have an amalgamation of features from all these platforms.

7) Knocksense

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Founded: 2016

Founder: Vibhore Mayank, Varul Mayank

Funding raised: Undisclosed

Summary: Lucknow-based local discovery cum recommendation startup Knocksense, raised seed funding from Amitesh Pandey (Founder of VBS Infravision Private Limited).

Working Model: Knocksense is a leisure reading portal, which aims to write on topics which are generally left uncovered by mainstream media. It covers various categories such as Tech, Food, Events, Culture, Travel, Startups and other Entertainment based stories.

Future Planning: The startup plans to expand to Indore, Jaipur and other growing tier-II cities in India.

8) NewsBytes

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Founded: 2013

Founder: Sumedh Chaudhry, Shikha Chaudhry, Romesh Khaddar, and Sripriya Yegneswaran

Funding raised: $1 million

Summary: Gurugram-based digital news and media platform NewsBytes is aiming to fill the gap between long form and short form content raised in a Pre-Series A funding round led by Germany-based MM Inno GmbH, along with the US-based Powerhouse Ventures in participation with the existing investor Mumbai Angels.

Working Model: Its aim to provide you enough context to suffice for an in depth understanding of the news and yet spare the reader an information overload.

Future Planning: The funds will be used to expand its technology team, support its growing footprint, establish the Hindi and other vernacular desks, and venture into video based content.

Healthcare Industry

9) DocPrime

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Founded: 2018

Founder: Alok Bansal, Yashish Dahiya

Funding raised: $50 million

Summary: DocPrime offers a one-stop healthcare solution right at the comfort of patients’ homes. It is a healthcare venture by Policybazaar Group received an angel funding from the parent company.

Working Model: It is a monthly subscription-based service that will provide complete coverage of outpatient department (OPD) expenses incurred by users, covering all doctor calls, medical checks and tests, barring surgeries and pharmacy-related expenses.

Future Planning: It aims to expand its network to 150K doctors and 20,000 labs across 100+ cities.

10) Cyclops MedTech

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Founded: 2015

Founder: D R Srinivas, Dr. Srinivas Dorasala, Niranjan Subbarao, Ravi Nayar

Funding raised: $1 million

Summary: Bengaluru-based Cyclops MedTech, a startup working on clinical and wearable diagnostic and rehab products for neuro-vestibular disorders using eye-tracking technology raised from Unitus Ventures.

Working Model: It works on diagnostic solutions for episodic neurological events like vertigo, using eye tracking technology. The revenue model will work around product sales and cloud subscriptions.

Future Planning: The startup plans to use funds to augment its role as a leader in the neuro-vestibular diagnostic space and rapidly scale up its installations base in India and the rest of Asia.

Education Industry

11) Xplorabox

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Founded: 2015

Founder: Dhirendra Meena, Rishi Das Agarwal

Funding raised: Undisclosed

Summary: New Delhi-based educational subscription activity box for children Xplorabox raised in a Seed funding round from Z Nations Lab, Sridham Enterprises and Metaform Ventures.

The Company aims to provide the children an opportunity to engage in offline games and healthy activities which will help the parents reduce their children’s screen time.

Working Model: It is an educational subscription box startup designed to engage children in activity-based learning programmes.

Future Planning: The startup plans to use the funds to expand its services, including the launch of products to cater to higher age categories, diversifying into curriculum-mapped products, and tapping the overseas markets of North America and the Gulf Cooperation Council (GCC).

Technology Industry

12) Mate Labs

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Founded: 2016

Founder: Kailash Ahirwar, Rahul Vishwakarma

Funding raised: $550K

Summary: Bengaluru-based AI-focussed startup Mate labs has raised in a Seed funding round from lead investor Omphalos Ventures India LLP and other investors from around the world.

Working Model: Mate Labs build a fully automated Machine Learning platform called Mateverse designed for Data Scientists as well as Analysts without writing a single line of code.

Future Planning: The start-up is currently focused on developing their SME and Enterprise business pipelines belonging to BFSI and Retail sectors.

13) Parkwheels

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Founded: 2015

Founder: Dhananjay Rathore, Sumit Jain

Funding raised: $166K

Summary: Gurugram-based RFID technology based smart parking system Parkwheels raised seed funding from 91springboard, Amit Lakhotia (ex-VP Paytm), Kuwait Based Investment firm and others.

Working Model: Parkwheels aims at solving the big, bad & unsexy parking problems of India. It provides customized smart parking solution for corporates, apartments, malls, societies etc. through intelligent RFID system.

Future Planning: The funding will be mainly used to strengthen their technology and to serve their current order books.

Fintech Industry

14) Qbera

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Founded: 2015

Founder: Aditya Kumar, Anubhav Jain

Funding raised: $3 million

Summary: Bengaluru-based online lending platform Qbera. the digital platform allows consumers to avail loans and provides instant approval to borrowers, committing loan disbursal in as little as 24 hours secured funding round led by Mumbai-based investor E-City Ventures.

Working Model: Borrowers can visit Qbera’s website and complete their loan applications, following which they receive instant loan offers.

The interest rates start at 14% which translates into an EMI of Rs 3,418 per lakh (for 3 years). Qbera offers personal loans to borrowers with CIBIL scores of more than 600, with its focus on individuals earning upwards of Rs 20,000 a month.

Future Planning: The startup plans to use the funds towards ramping up its technology and analytics capabilities. It also plans to expand its team across functions, scale its business and expand its geographical reach to more parts of the country.

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