Fundings Raised by India Startups Last Week(06 March- 13 March 2018)

159
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E-commerce Industry

 

PepperFry

India’s favorite online furniture marketplace Pepperfry just finished its fifth round of funding and raised 38.5 million dollars from State Street Global Advisors, the asset management business of State Street Corporation. The company is looking to expand Pepperfry’s Experience Centers in Tier II cities in India

InnerSense

Orgain lingerie brand founded by Neerja Lakhani and Abhishek Lodha raised 384.5 thousand dollars from Venture Catalysts in Pre-Series A round.

Technology Industry

Hotelogix

Founded by Aditya Sanghi and Prabhash Bhatnagar Hotelogix is robust cloud-based property management system. The startup raised 5 million dollars in a funding round from Vertex Ventures, with the participation of Accel Partners and Saama Capital.

Ultraviolette

Bengaluru-based electric bike startup raised 430 thousand dollars from Kumar Vembu’s Gofrugal Technologies.

MagicPin

Hyperlocal discovery platform MagicPin founded by Anshoo Sharma and Brij Bhushan raised 1 million dollars in venture debt from Trifecta Capital.

Fintech Industry

Finova Capital 

A Non-Banking Financial Company Finova Capital founded by Sunita Sahney raised 6 million dollars from Sequoia India.

Kuvera

Online mutual fund startup based in Delhi raised 250 thousand dollars from angel investors for product expansion and growth.

Entertainment Industry

PictureTime

Digiplex founded by Sushil Chaudhary based in New Delhi raised 3.85 million dollars in a Pre Series A funding round from a group of high net-worth individuals (HNIs).

Agritech Industry

Ninjacart

Bengaluru-based India’s largest B2B Vegetables and Fruits marketing platform Ninjacart secured 1 million dollars in venture debt funding round from Trifecta Capital.

Gramophone 

Gramophone startup that helps farmers through technology secured 1 million dollars Pre-Series A funding from Info Edge. Info Edge is now 25% shareholder in this Indore-based startup.

Travel Industry

Tripeur

Corporate travel management platform founded by Sajit Chacko and Thiagarajan Rajagopalan, Tripeur secured 600 thousand dollars in Pre-Series A funding led by Japan-based Incubate Fund and a few angel investors including existing investor Rajul Garg.

Healthcare Industry

MedGenome

MedGenome is a genomics-driven research and diagnostics company founded by Sam Santhosh. The company raised 10 million dollars in funding from HDFC Ltd.

LiveHealth 

Healthcare startup enabling better interaction between Healthcare Providers, Doctors, and Patients on one platform raised 1.1 million dollars from Nexus Venture Partners in a seed funding round.

Wellthy Therapeutics

Wellthy Therapeutics raised 2.1 million dollars in Seed funding from Dr. Ranjan Pai’s family office MEMG (Manipal Education and Medical Group), along with Bee next Ventures, and GrowX Ventures.

 

from State Street Global Advisors, the asset management business of State Street Corporation. The company is looking to expand Pepperfry’s Experience Centers in Tier II cities in India

InnerSense

Orgain lingerie brand founded by Neerja Lakhani and Abhishek Lodha raised 384.5 thousand dollars from Venture Catalysts in Pre-Series A round.

Technology Industry

Hotelogix

Founded by Aditya Sanghi and Prabhash Bhatnagar Hotelogix is robust cloud-based property management system. The startup raised 5 million dollars in a funding round from Vertex Ventures, with the participation of Accel Partners and Saama Capital.

Ultraviolette

Bengaluru-based electric bike startup raised 430 thousand dollars from Kumar Vembu’s Gofrugal Technologies.

MagicPin

Hyperlocal discovery platform MagicPin founded by Anshoo Sharma and Brij Bhushan  raised 1 million dollars in venture debt from Trifecta Capital.

Fintech Industry

Finova Capital 

A Non-Banking Financial Company Finova Capital founded by Sunita Sahney raised 6 million dollars from Sequoia India.

Kuvera

Online mutual fund startup based in Delhi raised 250 thousand dollars from angel investors for product expansion and growth.

Entertainment Industry

PictureTime

Digiplex founded by Sushil Chaudhary based in New Delhi raised 3.85 million dollars in a Pre Series A funding round from a group of high net-worth individuals (HNIs).

Agritech Industry

Ninjacart

Bengaluru-based B2B agri-marketing platform Ninjacart secured 1 million dollars in venture debt funding round from Trifecta Capital.

Gramophone 

Gramophone startup that helps farmers through technology secured 1 million dollars Pre-Series A funding from Info Edge. Info Edge is now 25% shareholder in this Indore-based startup.

Travel Industry

Tripeur

End-to-end corporate travel management platform Tripeur secured 600 thousand dollars in Pre-Series A funding led by Japan-based Incubate Fund and a few angel investors including existing investor Rajul Garg.

Healthcare Industry

MedGenome

MedGenome is a genomics-driven research and diagnostics company founded by Sam Santhosh. The company raised 10 million dollars in funding from HDFC Ltd.

LiveHealth 

Healthcare startup enabling better interaction between Healthcare Providers, Doctors, and Patients on one platform raised 1.1 million dollars from Nexus Venture Partners in a seed funding round.

Wellthy Therapeutics

Wellthy Therapeutics raised 2.1 million dollars in Seed funding from Dr. Ranjan Pai’s family office MEMG (Manipal Education and Medical Group), along with Bee next Ventures, and GrowX Ventures.

 

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