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

INTERESTING STARTUPS

Appneura (2016, Mumbai), cloud-based application performance management solution. Founder is Ex-Infosys Technologies and Microland.Global comparables are OneAPM (2008, Beijing, $38M) and Apteligent (2011, SF, $48.7M).

INDIA INTERESTING NEWS

Sahajanand Medical Technologies (1998, Surat), minimally invasive coronary stent systems developer, raises $36M in PE round of funding from Morgan Stanley Private Equity Asia and Samara Capital Management Ltd. Link

Tapzo (2010, Bangalore), AI powered content and commerce platform, raises $1.93M in Series C round of  funding from RuNet and RB Investments. Link

SalesPro (2013, Bangalore), sales consulting service provider, raises an undisclosed amount in Seed round of funding from 37.37 North Capital. Link

Moneytor (2017, Mumbai), automated loan collection system, raises an undisclosed amount in Seed round of funding from 500 Startups, ISME ACE and others. Link

InMobi (2007, Bangalore), mobile ad network provider, acquires AerServ (2012, NYC), ad-serving and mediation platform, for $90M. Link

CBA Capital, Mumbai based venture capital firm, raises first close of the fund, at $15.4M. Link

BigBasket (2011, Bangalore), online retail store for grocery shopping, partners with Sodexo(2005, France), food services and facilities management company, for digital payments. Link

Swiggy (2014, Bangalore), online platform that delivers food from restaurants, expands its service in Chandigarh. Link

GLOBAL ROUNDUP

Cadre (2014, NYC), real estate investment platform, raises $250M in funding from Goldman Sachs’ private-wealth clients. Link

YieldStreet (2014, NYC), online lending platform for asset-backed loans, raises $113M in Debt and Equity round of funding from Greycroft, Raine Ventures and New York-based family office. Link

Ladder (2015, SF), online life insurance service provider, raises $30M in Series B round of funding led by RRE Ventures, with participation from Thomvest Ventures, as well as existing investors Canaan Partners, Lightspeed Venture Partners and Nyca Partners. Link

Skyword (2010, Boston), content marketing software and services provider, raises $25M in funding from Rho Acceleration. Link

Trianz (2000, Santa Clara), provider of integrated set of Consulting, IT and BPO services, acquires CBIG Consulting (2002, Chicago), big data and BI consulting services provider, for an undisclosed amount. Link

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