Funding Series : List of 6 Indian Startups Who Secured Funding (5 November to 11-November 2018)

Earlypad brings you a fresh edition of Funding Series of Indian Startups who secured funding in the week of 5 November to 11 November 2018. Altogether there are 6 startups that could make noise in the Indian startup economy in this week. Out of these  startups – Healthcubed, Startoon has secured an undisclosed amount from their investors.

Dunzo

Bengaluru-based Dunzo is a daily tasks management app that connects you with the nearest available delivery partner to pick up or delivers items for you.

  • Founded Year: 2015
  • Founders: Ankur Aggarwal, Dalvir Suri, Kabeer Biswas, Mukund Jha
  • Funding: Dunzo has secured an amount of Rs. 70 Million in debt financing from Alteria Capital. With the help of the funding, the startup plans to expand its services.

Mobile Premier League (MPL)

Bengaluru-based Mobile Premier League is a Digital gaming startup operated by Galactus Funware Technology Pvt. Ltd is based on E-Sports platform where you can play your favorite mobile games and win real cash always.

  • Founded Year: 2018
  • Founders: Sai Srinivas Kiran G, Shubham Malhotra
  • Funding: Mobile Premier League has secured an amount of $5 Million in Series A round of funding Sequoia Capital.

Quantela

San Francisco and Hyderabad based Quantela is Smart city automation and AI solutions provider.

  • Founded Year: 2010
  • Founders: Prakash Dantuluri, Raju Indukuri, Sridhar Gadhi
  • Funding: Quantela is secured an amount of $10 Million in Series A round of funding led by Digital Alpha Advisors.

HealthCubed

 New Delhi-based Healthcubed is in the business of digitizing global health for improving access, quality and efficiency.

  • Founded Year: 2015
  • Founders: Ramanan Laxminarayan
  • Funding: HealthCubed has secured an undisclosed amount of funding led by Acumen.

Meesho

Bangalore-based Meesho is an online reseller network of housewives, entrepreneurs, students, teachers, build there and promote their online businesses using WhatsApp, Facebook, and other social media channels.

  • Founded Year: 2015
  • Founders: Sanjeev Barnwal, Vidit Aatrey
  • Funding: Meesho has secured an amount of $50 Million in series C round of funding led by Shunwei Capital, Yuri Milner’s DST Partners and RPS Ventures, SAIF Partners, Y Combinator, Venture Highway and Sequoia Capital. With the help of funding the startup plans to more categories from its core lifestyle focus, and scale its domestic and international supply base.

Startoon Labs

Hyderabad-based Startoon Labs is a product development company that is designing and developing industrial-grade IoT products and smart electronics systems in the embedded systems and robotics fields.

  • Founded Year: 2017
  • Founders: Suresh Susurla V S, Mythreyi Kondapi
  • Funding: Startoon Labs has secured an undisclosed amount in equity funding. The startup plans to use its raised funds to build Pheezee, the world’s first smart physiotherapy toolkit.

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Source: Inc42, entrackr.com, VCCircle.com, indianweb2.com, Pixr8,Crunchbase