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

INTERESTING STARTUPS

CrediFiable (2016, Bangalore), peer to peer lending platform for personal loans. Founder is from Sol Primero and is an alumnus of University of Pennsylvania – The Wharton School. Local competitors include Faircent (2013, Gurgaon, $8.25M) and i2i Funding (2014, Noida). Global comparables include Prosper (2005, SF, $353M) and Lending Club (2006, SF, $166M, Public).

INDIA INTERESTING NEWS

FreeCharge (2010, Mumbai), prepaid wallet and bill payment app, raises $4.5M in funding from Jasper Infotech. Link

AppBrowzer (2015, Bangalore), mobile app to discover and access apps without downloading, raises $500k in funding led by Deepak Gurnani – member of Singapore Angel Network and others. Link

Your Space (2016, Noida), provider of branded accommodation for college girls, raises $500k in angel round of funding from a group of undisclosed HNIs. Link

MyDermacy (2013, Delhi), curated marketplace of skin clinics and chain of co-branded dermatology clinics, raises an undisclosed amount in pre series A round of funding from Cyber Carrier and others. Link

Property Share (2015, Bangalore), online platform facilitating fractional ownership of residential properties, raises an undisclosed amount in funding led by Asuka Holdings with participation from Pravega Ventures and Beenext. Link

iOrderFresh (2014, Gurgaon), Mobile app for ordering farm to table fruits and vegetables, raises an undisclosed amount in funding from Singapore Angel Network. Link

Blue Box Media (2014, Jaipur), operator of online news and leisure portals, acquires a majority stake in Connect Jaipur (2016, Jaipur), platform offering lifestyle content around Jaipur city, for an undisclosed amount. Link

Applop (2014, Kolkata), DIY app building platform, has been selected for Facebook’s FbStart Programme. Link

Karnataka govt announces $1.5M fund for women entrepreneurs. Link

The Nasdaq Entrepreneurial Center, partners with Startup India to launch Milestone Makers India program in May 2017. Link

Z Nation Lab, Mumbai-based accelerator, announces Three Week Bootcamp Program in Silicon Valley for Indian Startups. Link

GLOBAL ROUNDUP

Intel (1968, Santa Clara), microprocessor developer, acquires Mobileye (1999, Jerusalem), vision-based advanced driver assistance systems, in a $15.3B deal. Link

Job Today (2014, Luxembourg), mobile job board focussed on the retail & hospitality industry, announces a $25M media-for-equity deal. Link

Skuid (2013, Chattanooga), platform for building apps without writing code, raises $25M in series B round of funding led by Iconiq Capital with participation from K1 Investment Management. Link

Canopy (2014, Lehi), tax resolution and practice management software provider, raises $20M in series B round of funding led by Pelion Venture Partners with participation from New Enterprise Associates (NEA), EPIC Ventures and Deep Fork Capital. Link

InterCloud (2010, Paris), provider of enterprise cloud delivery solutions, raises $10.5M in funding from CapHorn Invest, Ventech, Hi Inov and BPI France. Link

Waitr (2013, Lake Charles), online platform for food ordering and delivery, raises $10M in funding led by New Orleans Saints quarterback Drew Brees. Link

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