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

INTERESTING STARTUPS

Fulassure (2017, Bengaluru), platform enabling predictive maintenance for industrial IOT solutions. Founder is ex-Nokia Siemens network, Founder Institute and alumni of IIM Bangalore. Local comparables are   Covacsis (2009, Mumbai, $452K) and Zasti (2017, Chennai).Global comparables are Augury (2012, Haifa, $24M) and Predikto (2012, Atlanta,$7.6M).

INDIA INTERESTING NEWS

NestAway (2014, Bangalore), marketplace for furnished shared rentals, raises $50M in Series D round of funding from UC-RNT Fund, an investment vehicle sponsored by Tata Sons chairman emeritus Ratan Tata and the University of California. Link

Graphic India (2011, Bangalore), character-based entertainment content provider, raises $5M in Series A round of funding from Liquid Comics with participation from Start Media LLC, 3One4 Capital, Julian Farrior, co-founder of Backflip Studios Inc., and Neeraj Bhargava, founder of Zodius Capital. Link

Rentickle (2015, Gurgaon), online portal for renting furniture and home appliances, raises $4M in Series A round of funding led by Ajay Relan, chairman of VC firm CX Partners and ThinKuvate. Link

Holachef (2014, Mumbai), online curated marketplace for chef prepared meals, raises $1.3M in Series B round of funding from individual investors and and corporate entities, including Rajasthan-based software publishing and consultancy firm IPI Technolab Pvt. Ltd. and Innoven Capital. Link

Strata Enviro (2016, Pune), manufacturer of outdoor air pollution controllers, raises an undisclosed amount in funding from ScaleMinds. Link

T-Hub, startup incubator, partners with CASHe (2016, Mumbai), platform for short term personal loan, and launches blockchain hyper hub. Link

GLOBAL ROUNDUP

Aaptiv (2016, NYC), audio-based fitness app, raises $38M in Series A and Series B both round of funding from led by Insight Venture Partners, along with existing investors Arena Ventures, Pear Ventures and Switch VC. Link

Deposit Solutions (2011, Humburg), open architecture platform for retail deposits, raises $20M in Series C round of funding led by existing shareholders e.ventures and Greycroft. Link

Canatu (2004, Helsinki), developer of transparent conductive films & touch sensors using carbon nanomaterial, raises $13.96M in funding from Denso Corporation and Ascend Capital Partners as well as existing investor Faurecia. Link

Mapbox (2010, Washington D.C.), tools provider for building custom maps, acquires Fitness AR, activity tracking app, for an undisclosed amount. Link

Edgewater, Chicago-based private equity firm, closes fourth growth fund at over $1B. Link

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