A daily newsletter summarizing interesting Indian startups and recent activity both in India & globally.
Alice (2017, Delhi), AI-enabled assistant for home security cameras. Founders are alumni of IIT Delhi.Local comparables are Sure (2017, Bangalore) and Ambicam (2015, Ahmedabad).Global comparables are Lighthouse AI (2014, Palo Alto, $17M) and Ivideon(2010, Las Vegas, $4M).
INDIA INTERESTING NEWS
Happily Unmarried (2003, Delhi), internet first brand for lifestyle products, raises an undisclosed amount in funding from Wipro Consumer Care. Link
Play Shifu (2016, Bangalore), AR based learning platform, raises an undisclosed amount in pre-Series A round of funding led by IDG Ventures. Link
Treasury Intelligence Solutions (2010, Walldorf), platform for managing enterprise-wide payments, liquidity and banking relationships, raises $12M in funding from 83North, with participation from Target Partners and Zobito. Link
TeleTech (1982, Englewood), customer service consulting, solutions and services provider, acquires Motif (2000, San Mateo), contact center, fraud prevention and back office services provider, for an undisclosed amount. Link