reach@earlypad.com

Funding Series: List of 13 Indian Startups Who Secured Funding (10- September to 16-September 2018)

Earlypad brings you a fresh edition of Funding Series of Indian Startups who secured funding in the week of 10-September to 16-September 2018. Altogether there are 13 startups who could make noise in the Indian startup economy in this week. Out of these 13 startups –BabyChakra, Frubites, 91springboard and LeagueSX has secured an undisclosed amount of funding from their investors.

Myra

Bangalore-based Myra is a unique health-care solution of technology and operations that makes buying medicines fast and efficient.

· Founded Year: 2014

· Founders: Anirudh Coontoor, Faizan Aziz

· Funding: Myra has secured an amount of Rs. 8.8 Million in venture round of funding led by Matrix Partners, Dream Incubator and Times Internet.

LeagueSX

LeagueSX, India’s first football fans engagement platform using Fantasy sports at its core.

· Founded Year: 2016 · Founders: Anshul Agrawal

· Funding: LeagueSX has secured an undisclosed amount in angel round of funding led by Prashant Malik and Akshay Ghulati.

91springboard

Gurgaon-based coworking startup 91springboard creates a shared network, and we add to it with events geared specifically toward networking with the entrepreneur.

· Founded Year: 2012

· Founders: Anuj Pulstya, Pranay Gupta, Varun Chawla, Deepak Sharma, Anand Vemuri, and Susan Lim.

· Funding: FreakOut, global marketing technology company has marked its first investment in 91springboard, as a is of FreakOut’s ‘Funding Initiatives’ programme.

Kissht

Mumbai-based Kishht is a fintech startup that enables instant, seamless credit for consumers to make purchases at digital points of sales.

· Founded Year: July 13, 2015

· Founders: Krishnan Vishwanathan

· Funding: Kissht has secured an amount of $30 Million in a Series C round of funding led by Vertex Ventures Southeast Asia (SEA) and India and Sistema Asia Fund. Kissht plans to increase its base of both offline & online merchants, to deepen its presence across categories, and further enhance its data & analytics capabilities through its raised funds.

ShiftKarado

Gurugram-based ShiftKarado is a tech-oriented packing and moving startup.

· Founded Year: 2015

· Founders: Sahil Mithal, Atul Mithal , AulinaMithalSood, Ashish Mullick

· Funding: ShiftKarado has secured an amount of Rs. 5 Crore funding from Star WorldWide Group. The startup plans to use its raised funds to deploy more resources and upgrade its services for a better customer experience.

Frubites

Pune-based Rev Snack Pvt. Ltd., that sells fruit snacks under the brand Frubites

· Founded Year: 2018

· Founders: Bharat Kulkarni, Rohit Kulkarni

· Funding: Rev Snack has secured an undisclosed amount of seed funding from Mumbai Angels Network. The company plans to build the brand, expand distribution, and widen their product offering across vegetables, nuts, and more fruits with its raised funds.

Vokal

Bengaluru-based Vokal is a Peer-to-Peer Knowledge Sharing Platform in Indian Languages.

· Founded Year: 2015

· Founders: Aprameya Radhakrishna, Mayank Bidawatka

· Funding: Vokal has secured an amount of $1.5 Million in a Series A round of funding Kalaari Capital. The startup plans expand to multiple languages and to strengthen its product and technology through its raised funds.

Bon(Bonfleet Solutions)

Pune-based Bon (Bonfleet Solutions) is an financial service company for gig economy workers.

· Founded Year: May 2016

· Founders: Bhasker “Bosky” Kode

· Funding: Bon has secured an amount of Rs.78 Million in a Seed Round of funding led by Omidyar. This fintech startup plans to use its funds to further partnerships with banks and non-banking financial companies (NBFCs) as well as increase its presence to 25 cities across India over the next 18 months and kick off operations in other markets in Asia.

Upwards Fintech

Mumbai-based Upwards Fintech provide quick loans online to salaried individuals, usually without credit history.

· Founded Year: 2017

· Founders: Nimesh Verma, Abhishek Soni

· Funding: Upwards Fintech has secured an amount of $5 Millin in a Series A round of funding led by Shunwei Capital, IndiaQuotient and Mayfield. The company plans to strengthen its technology, data science capabilities and to expand in more cities through its raised funds.

PharmEasy

Mumbai-based PharmEasy is a largest pharmacy aggregators which helps patients connect with local pharmacy stores and diagnostic centres in order to fulfil their extensive medical needs.

· Founded Year: 2015

· Founders: Dharmil Sheth, Dhaval Shah, Mikhil Innani

· Funding :PharmEasy has secured an amount of Rs. 400 Million in debt funding round of funding led by InnoVen Capital. This healthcare startuup plans to strengthen inventory, develop warehouse across the country and to receive better customer experience through its raised funds.

BabyChakra

Mumbai-based BabyChakra is an online parenting community platform for Indian parents and parents to-be, it provides information on conception, pregenacy, birth and early childhood.

· Founded Year: 2015

· Founders: Naiyya Saggi

· Funding: BabyChakra has secured an undisclosed amount in Series B round of fudning led by a clutch of new and existing investors. This child care, IT company plans to strengthen its region and vernacular segment through the raised funds.

Verzeo

Bengaluru-based Verzeo is an AI-focused edtech which bridges the gap between a students’ classroom environment and their workplace atmosphere.

· Founded Year: 2017

· Founders: Subrahmanyam venkata

· Funding : Verzeo has secured an amount of $5 Million in Series A round of funding from a clutch of HNIs. The startup plans to improve its marketing and to expand the product as well as on research and development.

MamaEarth

Gurugram-based MamaEarth is a mother and baby care startup which is an online retailer specializing in baby and toddler products.

· Founded Year: 2016

· Founders:Varun Alagh

· Funding: MamaEarth has secured an amount of $4 Million in a Series A round of funding led by Fireside Ventures and Stellaris Ventures. The startup plans to expand its team, invest further in product Research & Development, strengthen its offline retail presence, and scale up direct consumer reach while building brand awareness through its raised capital.

Leave a Reply

Your email address will not be published. Required fields are marked *