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.


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


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.


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.


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.


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.


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.

Bengaluru-based 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.


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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