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

INTERESTING STARTUPS

Spire TalentSHIP (2016, Bangalore),Candidate shortlisting platform using contextual skill matching. Founder is alumni of IIM Bangalore. Local comparables are Skillate (2016, Bangalore) and Param (2017, Hyderabad, $271K). Global comparable is  Atipica (2015, San Mateo, $2.02M).

INDIA INTERESTING NEWS

Swiggy (2014, Bangalore), online platform that delivers food from restaurants, raises $100M in Series F round of funding from Naspers and Meituan Dianping. Link

Strand Life Sciences (2000, Bangalore), provider of omics-based solutions for clinical genomics, next-generation sequencing, systems biology, and drug discovery research, raises around $12.1M in Series C round of funding from Quadria Capital. Link

Placio (2016, Noida), provider of co-living service apartments, raises $2M in pre-Series A round of funding from Prestellar Ventures. Link

Furlenco (2011, Bangalore), online furniture rental platform, raises $1.5M in Debt round of funding from A group of HNIs. Link

HDFC Securities (2000, Mumbai), brokerage service provider in capital markets, partners with Niki.ai (2015, Bangalore), AI based automated order taking app for concierge services, for stock trading over Facebook chat. Link

Times Internet (1999, Gurgaon), digital media conglomerate, launches real-time quiz app Brain Baazi. Link

GLOBAL ROUNDUP

Ionic Materials (2012, Woburn), solid state polymer electrolyte material developer, raises $65M in Series C round of funding from Alliance Ventures,a venture capital fund backed by carmakers Nissan, Mitsubishi, and Renault, and Sun Microsystems co-founder Bill Joy. Link

Cityscoot (2013, Paris), network of electric scooters for rent, raises $50M in funding from RATP Capital Innovation, Inventure Partners, with participation from Caisse des Dépôts and LeasePlan . Link

Highfive (2012, Palo Alto), video conferencing solutions provider, raises $32M in Series C round of funding from Dimension Data, along with Lightspeed, General Catalyst and Andreessen Horowitz. Link

Viacom, digital media conglomerate, acquires VidCon (2009, Anaheim), host of conference dedicated to youtube stars and fans, for an undisclosed amount. Link

Notation Capital, NYC-based venture capital firm, raises super early stage venture fund, at $27M. Link

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