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

INTERESTING STARTUPS

QzIP (2017, Noida), blockchain solution for the management of agricultural supply chain. Founder is an ex-executive from Oracle and Sun Microsystems. Local comparable includes Sofocle Technologies (2016, Noida). Global comparable includes InstaSupply (2014, London, $1.5M).

INDIA INTERESTING NEWS

ZipLoan (2015, Delhi), lending platform for small businesses, raises $650k in pre Series A round of funding led by WaterBridge Ventures. Link

Healthbuds (2014, Kolkata), online appointment booking platform for healthcare services, raises an undisclosed amount in funding from Arun Patodia and Bharat Kedia. Link

Multiplier Solutions (2011, Hyderabad), healthcare marketing analytics service provider and ABI Health (2007, Bangalore), suite of healthcare solutions and services, raises $1.5M each from Norwest Venture Partners and the anticipated merger of both B2B ventures is expected to take place over the next 12-18 months. Link

Roofpik (2005, Gurgaon), online platform for property and broker reviews, acquires Shoppist (2015, Delhi), mobile app only product discovery platform for fashion, for an undisclosed amount. Link

Indus OS (2008, Mumbai), android-based mobile OS provider in Indian languages, partners with Digital Turbine (2011, Austin), mobile app advertising and recommendation company, for publishing ads on Indus OS supported devices. Link

NetApp (1992, Sunnyvale), enterprise information management and storage solutions provider, announces the launch of the NetApp Accelerator programme in Bangalore. Link

Myntra (2007, Bangalore), online retail store for fashion and lifestyle products, appoints former Amazon and Snapdeal executive Jeyandran Venugopal as its chief technology officer (CTO). Link

Amazon Transportation Services (ATS), the logistics arm of online marketplace Amazon India, received $32.1M from Amazon Corporate Holdings Singapore and Amazon Malaysia. Link

IDG Ventures India Advisors, Bangalore-based VC firm, has launched Innovation Program, an initiative to invest up to $500k-$5M in Indian tech startups, in partnership with Unilever Ventures and Amazon AWS. Link

GLOBAL ROUNDUP

Illumio (2013, Sunnyvale), adaptive security platform based data center security for workloads, raises $125M in Series D round of funding led by by J.P. Morgan Asset Management with participation from Andreessen Horowitz, General Catalyst and others. Link

Coursera (2012, Mountain View), massive open online courses (MOOC) provider, raises $64M in Series D round of funding from GSV Asset Management, New Enterprise Associates, Kleiner Perkins Caufield Byers, Learn Capital and The Lampert Foundation. Link

Yubico (2007, Palo Alto), 2-factor authentication provider to networks and services, raises $30M in funding from New Enterprise Associates, the Valley Fund and others. Link

Plynk (2015, Dublin), money messaging app, raises $28M in Series A round of funding led by Swiss Privee. Link

Alta Motors (2010, SF), designer and manufacturer of lightweight electric motorcycles for both off-road and on-road usage, raises $27M in funding led by Grassy Creek Ventures with participation from Mountain Nazca and Bob Fox. Link

Scout RFP (2013, SF), cloud-based sourcing platform, raises $15.5M in Series B round of funding led by Menlo Ventures with participation from New Enterprise Associates. Link

WeWork (2010, NYC), coworking workspace community, acquires Fieldlens (2011, NYC), construction field management app, for an undisclosed amount. Link

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