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

INTERESTING STARTUPS

Techregis Solutions (2017, Ahmedabad), developer of environmental monitoring sensor boxes and smart street lighting systems.Local comparables are UtopiaTech (2017,Mumbai) and Wisys Technologies (2013, Bangalore). Global comparables are Sensity Systems (2010, Sunnyvale, $74M) and Petra Systems (2013, Trento, $54M)

INDIA INTERESTING NEWS

Dunzo (2015, Bangalore), mobile-based concierge services provider, raises $12.3M in Series B round of funding from Google. Link

Flintobox (2013, Chennai), theme based activity box for kids, raises $7M in Series A round of funding from venture capital firm Lightbox. Link

HandyTrain (2015, Goa), mobile platform for corporate training, raises $1M in pre-Series A round of funding led by NB Ventures. Link

Mobycy (2017, Gurgaon), mobile-based bicycle rental platform, raises $500k in Seed round of funding from a US-based angel investor. Link

Hello Curry (2013, Hyderabad), fast food delivery chain, partners with Food Advisr, to invest $2.7M in new food delivery venture. Link

Future Supply Chain Solutions, logistics arm of Future Group, raises $29.6M in funding from HDFC Trustee Co., Reliance Capital Trustee Co. Ltd, L&T Mutual Fund and IDFC Mutual Fund ahead of its IPO. Link

Edelweiss Alternative Asset Advisors Ltd, private debt investment platform of Edelweiss Group, closes real estate fund, at $5B. Link

GLOBAL ROUNDUP

Anaplan (2006, San Francisco), corporate performance management platform, raises $60M in Series F round of funding led by Premji Invest, along with Salesforce Ventures, Top Tier Capital Partners and other existing investors. Link

Sonim (1999, San Mateo), workforce-critical communication tools provider, raises $37M in funding from B. Riley Financial, Inc. Link

Nexenta (2005, Santa Clara), software-defined storage solution provider, raises $20M in funding led by SoftBank Corp., with participation from Javelin Venture Partners, SV Booth Investments, SAB Capital, Lake Trail Capital, TRB Equity, and Tarkan Maner. Link

Intuit (1983, Mountain View), business & financial management solutions provider, acquires TSheets (2006, Boise), time tracking software provider, for $340M. Link

Apple (1976, Cupertino), consumer electronics manufacturer, acquires Pop Up Archive(2012, Oakland), speech to text software provider, for an undisclosed amount. Link

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