Home News Fundings Raised by Indian Startups Last Week(26 March to 31 March 2018)

Fundings Raised by Indian Startups Last Week(26 March to 31 March 2018)

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Technology Startups

Planys Technology

An underwater robotics and diagnostics Chennai Based Startup raised 151.9 thousand dollars in Series A round of funding from Oil and Natural Gas Corporation.

Fintech Startups

SmartCoin

SmartCoin provides a user-friendly and scalable lending platform. The Bangalore based startup raised 2 million dollars funding in a Pre-Series A round of funding. The Founder of the company Rohit Garg said that the funds will be utilized to further invest in technology and grow its team as it continues with its expansion plans.

Cash Suvidha  

Cash Suvidha is a Delhi-based lending platform. Founded by Anoop Garg and Rajesh Gupta the startup raised 1 million dollars in a Pre-Series A funding round from Initia Holdings; Vipin Agarwal, Partner in India Industrial Growth Fund and others.

Healthcare Startups

Predible Health

Predible health is an AI startup, building delightful products for cancer radiologists. The startup raised 35.3 thousand dollars led by IKP Knowledge Park. The startup will deploy the funds to scale its cancer AI platform as well as invest in regulatory approvals for its existing products.

Myra

The Bangalore based online pharmacy startup raised 1.84 million dollars in a funding round led by Tokyo-headquartered management consulting firm Dream Incubator.

Gaming Startups

SMAAASH

One of India’s biggest chain gaming centers SMAAASH raised $6.17 million funding from 23 High Networth Individuals. Founded by Shripal Morakhia the company is looking to deploy the funds in its international expansion.

News Startups

The Ken

The Ken is an online news portal based in Bangalore. The startup has raised 225.63 thousand dollars for a group of investors.

The Print

The print another online news portal based in Delhi raised 535 thousand dollars in a seed funding round from existing investor Ratan Tata.

 FactorDaily

Bengaluru-based news media startup FactorDaily raised $116.65K from existing investors, Vijay Shekhar Sharma and Girish Mathrubootham in an extended series A funding round.

AgriTech Startups

Carmel Organics

Carmel Organics is an India based Herb company involves in Sourcing, processing, and distribution of Herbal tea ingredients. The startup raised an undisclosed amount of funding from Ankur Capital, an India-focussed VC fund backing early-stage startups. The startup is looking expand its business in international markets.

Fashion Startup

USPL

USPL short for Universal Sportsbiz Pvt Ltd is a fashion startup based in Bangaluru. The startup raised 4.64 dollars million in venture debt funding from Alteria Capital.

DriveU

DriveU is a young startup based out of Bangalore aiming to build the first network of on-demand private drivers in India. DriveU raised 3 million dollars in Pre-Series A funding led by Singhal Foundation. The company currently has a network of 6,000 drivers and looking to increase the number to 10,000

Food Startup

DelyBazaar

Meat e-tailer DelyBazaar raised 300 thousand dollars in a Pre-Series A round of funding. The Kolata based startup is planning to expand its operations in cities like Bhubaneswar, Hyderabad, and Bengaluru.

Consumer Internet Startup

Roadcast 

Online vehicle tracking platform Roadcast secured 250 thousand dollars in a seed round of funding from the United Arab Emirates.

Survaider 

Survaider is Customer Experience Management platform, which helps businesses to listen, understand and act on customer’s opinions across all channels. The Bangalore based startup raised 276.28 thousand dollars led by Axilor Ventures, Pratithi Trust, and The Chennai Angels in a seed round.

Phonepe

UPI based payment app raised 79.6 Million dollars of funding from Flipkart.

V Resorts

Resort management startup based in Noida raised 271.63 thousand dollars from existing investor, RB Investments.

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