A daily newsletter summarizing interesting Indian startups and recent activity both in India & globally.
Koinex (2017, Mumbai), platform to trade multiple cryptocurrencies. Founders are alumni of BITS Pilani, IIT Delhi and IIT Kharagpur alumni.Global comparables are Tech bureau Lab(2015, Osaka, $25M) and GDAX (2016,SF).
INDIA INTERESTING NEWS
Lupin (1968, Mumbai), generic formulations, biosimilars and API manufacturer, acquires Symbiomix Therapeutics (2012, Newark), biopharmaceutical company developing antibiotics to treat gynecological infections, for $150M. Link
Brilliant (2015, San Mateo), developer of hub for controlling and managing smart home devices, raises $21m in Series A round of funding led by August Capital, with participation from Miramar Ventures, The Box Group, and the Stanford-StartX Fund. Link