A daily newsletter summarizing interesting Indian startups and recent activity both in India & globally

INTERESTING STARTUPS

PickQuick (2015, Bangalore) DIY mobile app development suite. Founders are from Google, Disney, Gaana, Freecharge, Preburn, GE, Coal India and alumni of IIT KGP. Local comparables include Instappy (2015, Delhi) and Mobapper (2013, Bangalore). Global comparables includeDwnld (2014, NYC, $14M) and AppMachine (2011, Heerenveen, $15M).

INDIA INTERESTING NEWS

ClearTax (2010, Delhi) Income tax preparation and e-filing platform raises $2M from FF Angel and Sequoia Capital Link

Arcatron Mobility (2012, Pune) Patient friendly wheelchair provider raises $100K in funding led by Vaibhav Kulkarni and Sudhir Mehta Link

Roast (2016, Ahmedabad) App based social network for short humorous and witty content raises $37K from Indian Angel Network Link

Consure Medical (2011, Delhi) Medical device for fecal incontinence raises an undisclosed amount in series B round of funding from Accel Partners and others Link

EdCast (2013, Mountain View) Platform for creating own branded live courses acquires Sales University (2011, Indore) Online sales training platform provider Link

Exotel (2011, Bangalore) Cloud telephony startup for small and medium enterprises appoints Ananda Kumar as chief finance & strategy officer and Rashmme Eshwar as Head of people operations Link

Aha Taxis (2015, Kanpur) Online taxi aggregator for one way outstation travel appoints two senior professionals Shailly Tyagi as Head of Customer Experience and Ghanendra Singh as Head of Driver-Partner Engagement Link

GLOBAL ROUNDUP

Viptela (2012, San Jose) Software defined WAN company raises $75M in series C round of funding led by Redline Capital,  Northgate Capital and Sequoia Capital Link

eero (2014, SF) Mesh networked WiFi system provider inside a house raises $50M in funding led by Menlo Ventures, Index Ventures, First Round Capital and others Link

Seismic (2011, San Diego) Content management system for enterprises raises $40M in series C round of funding led by General Atlantic Link

TransferWise (2010, London) International money transmitter based on currency swaps raises $26M from Baillie Gifford and others Link

Dashlane (2009, NYC) Password manager and digital wallet closes $22.5M in series C round of funding led by TransUnion, Rho Ventures, FirstMark Capital and Bessemer Venture Partners Link

Stem (2009, Millbrae) Cloud based energy solutions provider raises $15M in funding led by Mithril Capital Management Link

Affectiva (2011, Waltham) Provider of emotion recognition software raises $14M in funding led by Fenox Venture Capital CAC Holdings, Bandai Namco and Sega Sammy Holdings Link

Toyota Motor Corporation, Japan’s automobile manufacturer makes strategic investment in Uber (2009, SF) Mobile app that connects passengers with vehicle drivers for hire Link

Post Oak Energy Capital, Houston based private equity firm closes Third Fund, at $600M Link

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