Earlypad brings you a fresh edition of Funding Series of Indian Startups who secured funding in the week of 8-October to 14-October 2018. Altogether there are 10 startups who could make noise in the Indian startup economy in this week. Out of these 10 startups – RevFin and Sattvaponics has secured an undisclosed amount from their investors.
Bangalore-based GoZefo an early stage eCommerce startup committed to giving buyers and sellers an absolutely hassle free used furniture shopping experience.
· Founded Year: 2015
· Founders: Arjit Gupta, Himesh Joshi, Karan Gupta, Rohit Ramasubramanian
· Funding: GoZefo has secured an amount of Rs.210 Million in a venture round of funding led by FJ Labs.
New Delhi-based ElaWomen, a data-driven platform which lists fertility doctors, the portal consists of more than 1265 Fertility Centres across India and South- East Asia.
· Founded Year: July 1, 2016
· Founders: Aditya Kandoi, Ritu Singh, Yogesh Agarwal
· Funding: ElaWomen has secured an amount of $3 Million in series A round of funding led by Chiratae Ventures. This healthcare startup plans to improve its technology and expand its geographical reach to the non-metro cities in India and to expand to international markets such as Asia Pacific countries which is at present catering to a market of more than $4 Bn with the raised capital.
Bangalore-based LetsTransport offers its services to B2C and B2B, they are considered as a “Last mile” logistics solution provider.
· Founded Year: 2015
· Founders: Ankit Parasher, Pushkar Singh, Sudarshan Ravi
· Funding: LetsTransport has secured $12 Million in a Series B round of funding led by Fosun RZ Capital.
Mumbai-based Truebil is an online marketplace for pre-owned cars. It is a team of young, highly motivated professionals who strive to help you buy and sell used cars in the simplest way possible.
· Founded Year: 2015
· Founders: Rakesh Raman, Ravi Chirania, Ritesh Pandey, Shubh Bansal, Suraj Kalwani
· Funding: Truebil has secured close to $1 million from Kalaari Capital.
Gurugram-based Innov8 is the coworking startup encourages community engagement of like-minded individuals from any space, whether they are founders, investors, freelancers, creators or just want to work in a highly productive zone.
· Founded Year: Oct 29, 2015
· Founders: Ritesh Malik, Shailesh Gupta, Sumit Ranka
· Funding: Innov8 has secured an amount of $4 Million in seed round of funding led by Credence Family Office.
Mumbai-based Sattvaponics focused on solving the most critical problem of Natural products industry, i,e. raw material problem.
· Founded Year: 2017
· Funding: Sattvaponics Solutions Pvt. Ltd has secured undisclosed amount of seed funding Indian Institute of Management, Ahmedabad, and OmniActive Health Technologies Ltd founder Sanjaya Mariwala.
Delhi-based RevFin is an instant digital lending startup.
· Founded Year: 2018
· Funding : RevFin has secured undisclosed amount of funding in seed round led by Angel Investors – Harash Jain (CEO, Litejoy International), Anil K Goyal (Founder, Anil K Goyal, and Associates), Anil Lanba (Senior Technology Executive, EVP Pyramid Consulting) and Krishan B Singh (Investor based in New York). The startup plans to use the funds to launch its services in the Indian market, improve its technology infrastructure and enhance its distribution.
Bengaluru-based Betterhalf.ai is an AI-focussed Online dating startup.
· Founded Year: 2016 · Founders: Pawan Gupta, Rahul Namdev
· Funding: Betterhalf.ai has secured an amount of $500K in a seed round of funding led by Shailesh Rao (Former Managing Director of Google India), Subramanian (Former Investment Director at Flipkart) and Rehan A Khan.
Bangalore-based Lavelle Networks is an enterprise networking startup which provides Software Defined Networking (SDN) platform for Wide Area Networking (WAN) management.
· Founded Year: Mar 2015 · Founders: Karthik Madhava, Shyamal Kumar, Vishal Khare
· Funding: Lavelle Networks has secured an amount of Rs.20 Million in venture round of funding from ASM Technologies Limited.
Bangalore-based BlackBuck offers B2B tech-enabled logistics startup for long-haul tracking operated by Zinka Logistics.
· Founded Year: 2015
· Founders: Chanakya Hridaya, Rajesh Yabaji, Ramasubramaniam B
· Funding: BlackBuck has secured an amount of Rs.2 Billion in series D round of funding led by Accel, Sequoia Capital India and Sands Capital Ventures.
