Funding Series: List of 10 Indian Startups Who Secured Funding (8-October to 14-October 2018)

Earlypad brings you a fresh edition of Funding Series of Indian Startups who secured funding in the week of 8-October to 14-October 2018. Altogether there are 10 startups who could make noise in the Indian startup economy in this week. Out of these 10 startups – RevFin and Sattvaponics have secured an undisclosed amount from their investors.

 GoZefo

Bangalore-based GoZefo an early stage eCommerce startup committed to giving buyers and sellers an absolutely hassle-free used furniture shopping experience.

ElaWoman

New Delhi-based ElaWomen, a data-driven platform which lists fertility doctors, the portal consists of more than 1265 Fertility Centres across India and South- East Asia.

  • Founded Year: July 1, 2016
  • Founders: Aditya Kandoi, Ritu Singh, Yogesh Agarwal
  • Funding: ElaWomen has secured an amount of $3 Million in series A round of funding led by Chiratae Ventures. This healthcare startup plans to improve its technology and expand its geographical reach to the non-metro cities in India and to expand to international markets such as Asia Pacific countries which is at present catering to a market of more than $4 Bn with the raised capital.

LetsTransport

Bangalore-based LetsTransport offers its services to B2C and B2B, they are considered as a “Last mile” logistics solution provider.

  • Founded Year: 2015
  • Founders: Ankit Parasher, Pushkar Singh, Sudarshan Ravi
  • Funding: LetsTransport has secured $12 Million in a Series B round of funding led by Fosun RZ Capital.

Truebil

Mumbai-based Truebil is an online marketplace for pre-owned cars. It is a team of young, highly motivated professionals who strive to help you buy and sell used cars in the simplest way possible.

  • Founded Year: 2015
  • Founders: Rakesh Raman, Ravi Chirania, Ritesh Pandey, Shubh Bansal, Suraj Kalwani
  • Funding: Truebil has secured close to $1 million from Kalaari Capital.

Innov8 Coworking

Gurugram-based Innov8  is the coworking startup encourages community engagement of like-minded individuals from any space, whether they are founders, investors, freelancers, creators or just want to work in a highly productive zone.

  • Founded Year: Oct 29, 2015
  • Founders: Ritesh Malik, Shailesh Gupta, Sumit Ranka
  • Funding: Innov8 has secured an amount of $4 Million in a seed round of funding led by Credence Family Office.

Sattvaponics

Mumbai-based Sattvaponics focused on solving the most critical problem of Natural products industry, i,e. raw material problem.

  • Founded Year: 2017
  • Funding: Sattvaponics Solutions Pvt. Ltd has secured an undisclosed amount of seed funding Indian Institute of Management, Ahmedabad, and OmniActive Health Technologies Ltd founder Sanjaya Mariwala.

RevFin

Delhi-based RevFin is an instant digital lending startup.

  • Founded Year: 2018
  • Funding: RevFin has secured undisclosed amount of funding in seed round led by Angel Investors – Harash Jain (CEO, Litejoy International), Anil K Goyal (Founder, Anil K Goyal, and Associates), Anil Lanba (Senior Technology Executive, EVP Pyramid Consulting) and Krishan B Singh (Investor based in New York). The startup plans to use the funds to launch its services in the Indian market, improve its technology infrastructure and enhance its distribution.

Betterhalf.ai

Bengaluru-based Betterhalf.ai is an AI-focussed Online dating startup

  • Founded Year: 2016
  • Founders: Pawan Gupta, Rahul Namdev
  • Funding: ai has secured an amount of $500K in a seed round of funding led by Shailesh Rao (Former Managing Director of Google India), Subramanian (Former Investment Director at Flipkart) and Rehan A Khan.

Lavelle Networks

Bangalore-based Lavelle Networks is an enterprise networking startup which provides Software Defined Networking (SDN) platform for Wide Area Networking (WAN) management.

  • Founded Year: Mar 2015
  • Founders: Karthik Madhava, Shyamal Kumar, Vishal Khare
  • Funding: Lavelle Networks has secured an amount of Rs.20 Million in venture round of funding from ASM Technologies Limited.

Blackbuck

Bangalore-based BlackBuck offers B2B tech-enabled logistics startup for long-haul tracking operated by Zinka Logistics.

  • Founded Year: 2015
  • Founders: Chanakya Hridaya, Rajesh Yabaji, Ramasubramaniam B
  • Funding: BlackBuck has secured an amount of Rs.2 Billion in series D round of funding led by Accel, Sequoia Capital India, and Sands Capital Ventures.

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