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


Greenboard (2015, Gurgaon), data collection and environmental information monitoring company for aviation industry. Founders are ex-Cisco, Infosys, Aerobay and are alumni of IIT Kanpur. Global comparables are iJet (2010, Seattle, $24.7M) and 30Mhz (2014, Amsterdam, $56k).


Rubique (2014, Mumbai), online marketplace for financial products, plans to raise $20M in Series B round of funding from Chinese and UAE venture capital firms as per the reports. Link

Zilingo (2015, Singapore), online marketplace for fashion, raises $17M in Series B round of funding from  Sequoia Capital, Burda Principal Investments, Beenext, Venturra Capital, SIG, Wavemaker Partners, Tim Draper, Manik Arora and others. Link

Get My Parking (2014, Ghaziabad), marketplace for parking spaces, raises $3M in Series A round of funding from IAN Fund, BEENEXT, and Indian Angel Network. Link

GlowRoad (2016, Bangalore), hyper-local omnichannel social selling network, raises $2M in Series A round of funding from Accel Partners. Link

Finova Capital (2015, Jaipur), NBFC focused on the MSME sector, raises an undisclosed amount in Series A round of funding from Sequoia India. Link

WittyFeed (2014, Indore), online platform for sharing stories and entertainment content, raises an undisclosed amount in Pre-Series A round of funding from Anand Chandrasekaran, Apurva Chamaria and others. Link

Ergos (2010, Bangalore), warehousing and transportation services provider for farmers, raises an undisclosed amount in funding from Aavishkaar Venture Management. Link

Demiurgic Hospitality (2015, Gurgaon), food services provider, acquires World In A Box (2015, Gurgaon), internet-first restaurant focused on healthy meals, for an undisclosed amount. Link

BookMyShow (1999, Mumbai), online ticketing portal for movies, concerts and entertainment events, partners with SPI Cinemas (1997, Chennai), operator of multi brand movie theatre chain, to enable customers to book tickets on its platform. Link

PayU (2011, Gurgaon), payment gateway provider, partners with IRCTC to provide online payment services to users. Link

Kae Capital, Mumbai-based venture capital firm, has closed its second fund with a corpus of $53M. Link


23andMe (2006, Mountain View), human genome research company, raises $250M in funding led by Sequoia Capital with participation from new investors Euclidean Capital, Altimeter Capital, Wallenberg Foundation, current investors Fidelity Investments, and Casdin Capital. Link

Lesara (2013, Berlin), online retailer for fashion & lifestyle products, raises $40M in Series C round of funding from undisclosed investors. Link

Nasuni (2009, Natick), enterprise storage as a service provider, raises $38M in funding led by Goldman Sachs Growth Equity (GS Growth). Link

SendinBlue (2007, Paris), email & SMS marketing automation platform, raises $36M in Series A round of funding led by Partech Ventures. Link

Skywire Networks (2016, NYC), fixed wireless business broadband provider, raises $23M in funding from Metropolitan Partners Group. Link

Aria Systems (2003, SF), subscription billing & management software provider, raises $18M in funding led by Madison Bay Capital with participation from Hummer Winblad Venture Partners, InterWest Partners and Venrock. Link

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