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

INTERESTING STARTUPS

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

Schoolguru (2012, Mumbai), provider of online virtual course content, raises $2.07M in Series A round of funding from TeamLease. Link

NoPaperForms (2009, Thane), web-based enrollment management system for educational institutions, raises $872k in funding from Info Edge (India) Ltd. Link

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

Phonon Communications (2006, Vadodara), provider of telephony solutions for call center, acquires iDelivr (2015, Mumbai), provider of customer engagement chatbots, for an undisclosed amount. Link

GLOBAL ROUNDUP

EclecticIQ (2014, Amsterdam), threat intelligence management tool, raises $16.2M in Series B round of funding led by Keen Ventures Partners with participation from existing investors. Link

Broker Genius (2013, NYC), provider of a dynamic pricing technology platform for the secondary ticket market, raises $15M in Series A round of funding from Volition Capital and others. Link

Vade Secure (2011, Hem), secure web gateway based email security solution provider, raises $12M in Series A round of funding led by ISAI. 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

Crux Informatics (2017, NYC), informatics platform and secure cloud services provider, raises $10M in Series A round of funding from Goldman Sachs and others. 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

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