A daily newsletter summarizing interesting Indian startups and recent activity both in India & globally
INTERESTING STARTUPS
FamousEnuf (2015, Bangalore) Facebook influencer marketplace for running marketing campaigns. Founder is from Bluestone and ISB. Local comparables include Pulpkey (2015, Bangalore) and Influencer (2014, Chennai). Global comparables include Adly (2009, Beverly Hills, $7.5M) and Naritiv (2014, LA, $4M)
INDIA INTERESTING NEWS
Dr Agarwal’s Healthcare (1994, Chennai) Chain of eye care hospitals raises $45M from ADV partners Link
Mahaveer Group (1997, Bangalore) A mid income housing firm gets a PE investment of $15M from Peninsula Brookfield Investment Managers Link
Rare Media Company (2012, New Delhi) Mobility and cloud based software developing company raises $1.1M from InfoEdge Link
Strike (2014, Bangalore) Social app to connect with people across network, MaaxMarket (2015,Chennai) SaaS based marketing automation tool, Gamooz (2011, Gurgaon) White-label AR apps for businesses and ColorString (2015, Mumbai) Sound effects technology products provider won $22K each in the first edition of Ten Minute Million organized by E-Cell, IIT Bombay Link
TinMen (2015, Hyderabad) A mobile app based lunch subscription service raises an undisclosed amount in angel round from Lead Angels Link
GLOBAL ROUNDUP
Farmers Edge (2005, Winnipeg) Precision agriculture services and data management raises CAD $58M in a funding round led by existing investors Mitsui, Kleiner Perkins Caufield & Byers’ Green Growth Fund and Osmington Link
BloomReach (2009, Mountain View) Customer Analytics and site optimization Machine Intelligence Platform raises $56M in series D funding from Bain Capital, Battery Ventures, Lightspeed VC, NEA and Salesforce Ventures Link
Sonovate (2012, London) Provider of finance to the contract recruitment industry raised $28.5M in equity and debt financing Link
Vascular Flow (1998, Dundee) Medical device company raises $14M in funding Link
Sprinklebit (2011, San Diego) Social investing platform raises $10M in series A funding from VC firm GTC Link
Next Games (2013, Helsinki) Mobile games developer focusing on Mid-core games raises $10M in VC funding round led by existing investors IDG Ventures and Jari Ovaskainen, with participation from AMC Networks and others Link
Webradar (2008, Rio De Janeiro) Big data analytics and IoT company raises $10M in funding from Qualcomm Ventures and DGF Investimentos Link
BirdEye (2012, Sunnyvale) Provider of a Business Reputation and Customer Experience platform raises $8M in series A funding led by Trinity Ventures, with participation from Salesforce founder and others Link
Cosmosid (2008, Rockville) Genomic big data company focused on microbiome research, outbreak investigations, and infectious disease diagnostics, using DNA sequencing, raises $6M in series B funding led by Applied Value Group Link
Apple (1976, Cupertino) Multinational technology company acquires Flybymedia (2010, NYC) Augmented reality startup which allows mobile phones to see the world around them Link