India_Tech_Monthly_Funding_Report.pptx

TRACXN MONTHLY REPORT
OCTOBER 2023
India Tech

India Tech - October 2023 Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Contents
2
India Tech Snapshot 3
Investment Snapshot 4
List of Funding Rounds 5
New Investors 16
Top Funded Business Models - last 1 year 18
IPOs 19
Acquisitions 20
Recent News 21
Deadpooled Companies 23

India Tech Snapshot – October 2023
India Tech: Snapshot – October 2023
Note : "Investors" refers to "Institutional Investors" only
3
$584M
27 1
Overall Geo Stats
20
10
167
75
93
Funding Rounds $ Invested Analyst Picks
Smartworks!@#
New Investors
IIMK LIVE
Superscrypt
Series A+ rounds Active Investors IPOs
WOMANCART
Acquisitions
Wheebox
Sixer
Top Funding Rounds Top Markets Top Investors Top Cities
Monthly Leader Board
Bengaluru
(35 Rounds, $249M)
Mumbai
(16 Rounds, $81.1M)
Delhi NCR
(13 Rounds, $47.4M)
Chennai
(6 Rounds, $20.2M)
$120M - Series F
Zetwerk (2018, Bengaluru, $664M)
$60M - Series B
InsuranceDekho (2016, Jaipur, $310M)
$50M - Series E
Bizongo (2015, Mumbai, $263M)
$43M - Series D
Husk Power Systems (2008, Patna,
$74.3M)
Y Combinator
(4 Investments)
Gruhas
(4 Investments)
Hem Angels
(3 Investments)
100X.VC
(3 Investments)
B2B E-Commerce
Zetwerk
Manufacturing Tech
Internet First Insurance
Platforms
InsuranceDekho
SCM Software
Bizongo
Market Size
Companies Covered 119,113
Funded Companies 12,802
Total Funding $159B
Funding in last 12 months $8.5B
Top Exits
IPOs 208
Acquisitions 950
Company Stage
Unicorns 88
Soonicorns 340
Minicorns 1,086
Editor Picks 6,951
Series A+ 2,179
Series C+ 489
Acqui-Hires 708
Deadpooled 34,613
Top Cities
Bengaluru (7,467 Rounds, $72.5B)
Delhi NCR (5,412 Rounds, $38.0B)
Top Investors
LetsVenture (413 Investments)
AngelList (349 Investments)

Investment Snapshot
Investment Snapshot of India Tech as of October 2023
India Tech: Investment Snapshot
4
# Rounds
$ Funding
Investment Trend Top Investments (October 2023)*
Zetwerk
(2018, Bengaluru, $664M)
$120M - Series F Avenir Growth Capital
InsuranceDekho
(2016, Jaipur, $310M)
$60.0M - Series B MUFG
Bizongo
(2015, Mumbai, $264M)
$50.0M - Series E Schroder Adveq
Husk Power Systems
(2008, Patna, $74.3M)
$43.0M - Series D Swedfund
PMI Electro Mobility
Solutions
(2017, Delhi, $30.1M)
$30.1M - Series C Piramal Group
Skyroot
(2018, Hyderabad, $99.8M)
$27.5M - Series B Temasek
OnSurity
(2020, Bengaluru, $42.9M)
$24.0M - Series B IFC
I Hub Robotics
(2021, Kochi, $20.0M)
$20.0M - Seed
BOLT
$20.0M - Series B Union Square Ventures
The Indian Garage Co
$18.7M - Series B TMRW
Freight Tiger
(2014, Mumbai, $51.3M)
$18.0M - Series C Tata Motors
*Shows only the lead Investors

List of Funding Rounds (1/11)
List of Funding Rounds in India Tech in October 2023
India Tech: List of Funding Rounds
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+), PE
5
LATE STAGE
$3.2M - Series C
Clix Capital (2016, Gurgaon, $43.2M)
Lending platform for consumers and businesses
$11.0M - Series E
Shiprocket (2012, Gurugram, $330.3M)
Provider of logistic solution for eCommerce businesses
McKinsey & Company
$18.0M - Series C
Freight Tiger (2014, Mumbai, $51.3M)
Web based transport management platform
Tata Motors
LATE STAGE
$30.1M - Series C
PMI Electro Mobility Solutions (2017, Delhi,
$30.1M)
Manufacturer of electric buses
Piramal Group
$43.0M - Series D
Husk Power Systems (2008, Patna, $74.3M)
Bio-mass based rural micro-grid
DFC, STOA, Proparco, Shell, FMO, and 1 more
$50.0M - Series E
Bizongo (2015, Mumbai, $263.5M)
Online B2B procurement marketplace for supply chain
products
Schroder Adveq, International Finance Corp, Chiratae
Ventures, B CAPITAL, British International Investment
LATE STAGE
$120.0M - Series F
Zetwerk (2018, Bengaluru, $663.6M)
Online B2B marketplace providing manufacturing
services
Avenir Growth Capital, Lightspeed, Footpath Ventures,
Greenoaks Capital, Steadview
Series C
Niyo (2015, Bengaluru, $179.3M)
Online platform for wealth management
Spring

6
EARLY STAGE
$450.0K - Series A
Klassroom (2016, Mumbai, $1.6M)
Online platform for booking tuition, counselling &
education materials
ah! Ventures, Startup Angels Network, Hem Angels,
Meteor Venture, Suniel Shetty
$3.0M - Series A
Garuda Aerospace (2015, Chennai, $27.3M)
Developer of cloud-based multi-utility drones for
industrial applications
Venture Catalysts, We Founder Circle, Peaceful
Progress, Hem Angels, San Angels
$3.6M - Series A
Mokobara (2019, Bengaluru, $11.6M)
Internet-first brand offering customized luggage bags
Saama Capital, Sauce, Touchstone, Alteria Capital, Logx
Ventures
EARLY STAGE
$4.0M - Series A
Escrowpay (2015, Gurgaon, $6.0M)
Escrow-based payment solutions for merchants and
businesses
$4.3M - Series A
BharatAgri (2017, Pune, $17.3M)
Provider of diversified farm inputs
Arkam Ventures, India Quotient, Omnivore, Capria, 021
Capital
$5.4M - Series A
Khyaal (2020, Thane, $5.4M)
Provider of personalized virtual remote assistance and
communication solutions for elders
EARLY STAGE
$6.4M - Series A
Blubirch (2015, Bengaluru, $12.5M)
Platform offering SaaS-based reverse logistics solutions
for businesses
Capital 2B, Cornerstone Venture Partners Fund
$7.9M - Series A
Rite Water (2006, Nagpur, $10.0M)
Provider of solutions for water treatment
Incofin Investment Management
$8.7M - Series B
Jiraaf (2021, Bengaluru, $26.8M)
Online platform for alternative investments
Accel, Harmony Partners, Capital A

7
EARLY STAGE
$10.0M - Series A
Inc5 Shoes (1996, Bengaluru, $10.6M)
Online retailer offering multi-category fashion products
Carpediem Capital Partners, P3 Green, Param Capital
$11.0M - Series A
sugar.fit (2021, Bengaluru, $21.5M)
Wearable watch and mobile app for diabetes
management
MassMutual Ventures, Tanglin Venture Partners,
cure.fit, Endiya Partners
$12.4M - Series B
Superops Technologies (2020, Chennai, $29.4M)
AI based RMM and automation solutions for MSPs
March Capital, Addition, Matrix Partners India
EARLY STAGE
$18.7M - Series B
The Indian Garage Co (2011, Bengaluru, $18.7M)
Internet first brand offering casual wear for men and
women
TMRW
$20.0M - Series B
BOLT (2017, Bengaluru, $24.6M)
AI and SaaS-enabled platform offering comprehensive
electric vehicle charging operator and management
solutions
Union Square Ventures, Prime Venture Partners, ITI
Growth Opportunities
$24.0M - Series B
OnSurity (2020, Bengaluru, $42.9M)
Cloud-based platform for employee health benefits
IFC, Quona, Nexus Venture Partners
EARLY STAGE
$27.5M - Series B
Skyroot (2018, Hyderabad, $99.8M)
Developer of the space-launch vehicle with a small
payload
Temasek
$60.0M - Series B
InsuranceDekho (2016, Jaipur, $310.0M)
Online insurance comparison platform for individuals
MUFG, Beams Fintech Fund, Avataar Ventures, BNP
Paribas Cardif, TVS Capital Funds, and 1 more
Series A
Oro Money (2020, Chennai, $4.8M)
Developer of the marketplace to find gold loans
Three State Capital, Singularity Ventures AMC, PI
Opportunities Fund I, 021 Capital

8
EARLY STAGE
Series B
Pixxel (2018, Bengaluru, $76.7M)
Developer of satellite-based Earth imaging solutions
NB Ventures
SEED STAGE
$14.4K - Angel
Areno (2022, Bengaluru, $14.4K)
Provider of an AI-powered application for fitness
challenges
$96.2K - Seed
Adiabatic (2022, Hyderabad, $96.2K)
Developer of lithium-ion battery for electric vehicles
AIC Sangam, IIMK LIVE
$100.0K - Seed
Curelo (2022, Gurgaon, $712.2K)
Provider of a health app for booking lab tests
CIIE
SEED STAGE
$150.1K - Seed
HYRGPT (2023, Bengaluru, $150.1K)
AI co pilot for recruitng talent
100X.VC
$210.0K - Seed
YouVah (2021, Indore, $210.0K)
Online portal for applying to internships
CIIE
$265.0K - Seed
Rapid (2022, Bengaluru, $265.0K)
Cloud-based platform for HRMS suite

9
SEED STAGE
$396.3K - Seed
Dressfolk (2015, Delhi, $396.3K)
Internet first brand offering handcrafted ethnic wear
for women
All In Capital, FinFirst, Sidhant Keshwani, Riju
Jhunjhunwala, Vikrampati Singhania
$480.6K - Seed
flutrr (2021, Kolkata, $480.6K)
Provider of a passion-based dating platform
The Chennai Angels
$500.0K - Seed
Kalam (2023, Bengaluru, $500.0K)
AI-powered educational platform for test preparation
Y Combinator
SEED STAGE
$500.0K - Seed
Play.ht (2016, Bengaluru, $500.0K)
AI and SaaS-based text-to-voice generation solutions
Y Combinator
$500.0K - Seed
Baselit (2023, , $500.0K)
Platform offering data driven decision support
software
Y Combinator
$500.0K - Seed
Answer Genomics (2019, Bengaluru, $534.3K)
Online platform offering DNA-based recommendations
for health and wellness
IPV
SEED STAGE
$500.0K - Seed
Biva (2022, Hyderabad, $500.0K)
AI based marketing management solutions for
enterprises
Equanimity Investments, T-Hub, WarmUp Ventures,
SucSEED
$500.0K - Seed
WelcomeCure (2014, Mumbai, $11.7M)
Online platform for homeopathy treatments
IPV
$500.0K - Seed
SD+ (2019, , $618.0K)
Provider of SaaS-driven designing solutions for
residential properties
Rainmatter Technology, Gruhas, Anthill

10
SEED STAGE
$500.0K - Seed
Altitude (2023, Mumbai, $500.0K)
Fixed income alternative investment platform for
individuals
Robinhood, Swiggy, Yes Bank, Dineout, The Good
Glamm Group, and 1 more
$500.0K - Seed
Mantys (2022, Bengaluru, $500.0K)
Provider of a decision support software
Y Combinator
$519.8K - Seed
P-TAL (2017, Panchkula, $519.8K)
Internet first brand offering multi-category handmade
metal products
Titan Capital, Anicut Capital, Ghazal Alagh, Sandeep
Aggarwal, Vishesh Khurana, and 7 more
SEED STAGE
$540.4K - Seed
Mestastop (2016, Bengaluru, $760.0K)
Developer of cell-based functional assays for drug
discovery
92 Angels, Malpani Ventures
$600.0K - Seed
FreightFox (2020, Pune, $873.5K)
Provider of AI-based Freight transport management
platform
Aeravti Ventures
$643.1K - Seed
Oorjaa (2021, Mumbai, $1.8M)
Offers AI & web-based freight transportation
management solutions
Inflection Point Ventures, Hem Angels, Soonicorn
Ventures
SEED STAGE
$721.7K - Seed
UrbanMatrix (2019, Bengaluru, $1.2M)
AI-driven hardware and software solutions for
controlling drones
IPV
$800.0K - Seed
Done Deal (2022, Mumbai, $800.0K)
Online platform offering valuation and connecting
investors to startups for M&A deals
Gruhas, Raiser’s Edge, Icebreaker, Capital A, Dezerv,
and 1 more
$870.7K - Seed
HiWi (2022, Mumbai, $1.8M)
Provider of payment solutions for international
students
Unicorn India Ventures

11
SEED STAGE
$900.7K - Seed
Fresh Bus (2019, Bengaluru, $4.0M)
Online platform for booking bus tickets
Kunal Shah, Sudarshan Venu, Deepak Garg
$1.0M - Seed
Omnivio (2021, Noida, $1.8M)
Web based supply chain management solutions for
retailers
Caret Capital, Blume, 91venture.com, Dexter Angels,
Misfits, and 3 more
$1.2M - Seed
The 1% Club (2022, Mumbai, $1.2M)
Financial planning and advisory solutions for individuals
Gruhas, Abhijeet Pai
SEED STAGE
$1.2M - Seed
DATOMS (2015, Bhubaneswar, $1.9M)
Provider of a device management platform for IoT
applications
YourNest
$1.2M - Angel
Infurnia (2014, Bengaluru, $3.7M)
Provider of in-store technology solution provider for
furniture retailers
Yogesh Choudhary
$1.2M - Seed
Alwrite (2022, Mumbai, $1.2M)
B2B insurtech platform provider
Apurva Parekh, Viral Thakker, Amit Sheth, Sanjay
Bhagat, Shrenik Shah, and 1 more
SEED STAGE
$1.5M - Seed
AuditCue (2022, Chennai, $1.5M)
Platform offering audit management solutions
Kalaari Capital, Java Capital
$1.5M - Seed
eské (2012, Mumbai, $2.0M)
Internet first brand offering handbags for women
Mistry Ventures, Fluid Ventures
$1.5M - Seed
Funstop (2020, Gurugram, $1.5M)
Developer and publisher of casual video games
Info Edge Ventures

12
SEED STAGE
$1.5M - Seed
Sweet Karam Coffee (2015, Chennai, $1.5M)
Internet first brand offers multi-category food products
Fireside Ventures
$1.7M - Seed
Oyela (2021, Balangir, $1.8M)
App-based community marketplace platform offering
multi-category fashion products
Prime Venture Partners
$1.8M - Seed
Agrosperity Tech Solutions (2021, Chennai,
$1.8M)
Provider of online marketplace platform for loans to
farmers
Caspian Equity, Piper Serica, Yatra Angel Network
SEED STAGE
$2.0M - Seed
Meolaa (2022, Bengaluru, $2.2M)
Online marketplace offering multi-category products
Turbostart
$2.0M - Seed
Proxgy (2020, Gurgaon, $3.5M)
Provider of smart wearables and IoT hardware for
construction industry
LetsVenture, Planify, Cogniphy, AKGVG
$2.0M - Seed
GameTheory (2018, Bengaluru, $2.5M)
Provider of video game-like experiences for real sports
Rainmatter Technology, Prequate, Zerodha, WEH
Ventures, Rohan Bopanna, and 1 more
SEED STAGE
$2.0M - Seed
Tap Invest (2023, Bengaluru, $2.0M)
Fixed income investment platform
Snow Leopard Global, Turbostart, Upsparks Capital,
Superb Capital, Kunal Shah
$2.3M - Seed
Induced (2023, Bengaluru, $2.3M)
AI-based RPA platform for basic automation
Peak XV Partners, Enzo Coglitore, Human Capital, IDEO
CoLab, SV Angel, and 12 more
$2.4M - Seed
Imagimake (2011, Mumbai, $3.1M)
Provider of educational toys for kids
Pidilite Ventures

13
SEED STAGE
$2.6M - Seed
Grapevine (2023, Bengaluru, $2.6M)
Online platform for connecting professionals and
students
Peak XV Partners, Riverwalk Holdings
$2.7M - Seed
ClearFeed (2021, Bengaluru, $2.7M)
AI based platform offering conversational intelligence
solutions
Surge, 8VC
$3.0M - Seed
Manastu Space (2017, Mumbai, $6.2M)
Manufacturer of green propulsion systems for
satellites
Indian Angel Network, KRS Jamwal, Jaideep Mehta,
Sanjiv Bajaj, Nitin Zamre
SEED STAGE
$3.3M - Seed
DPDzero (2022, Bengaluru, $3.7M)
Provider of an AI-based collection portfolio
management platform for lenders
Blume, India Quotient, Sunil Gulati, Nikhil Kumar
$3.5M - Seed
Auquan (2016, Bengaluru, $5.8M)
AI-based data analytics for financial services
Neotribe, Episode 1 Ventures, Stage 2 Capital
$6.5M - Seed
Showroom (2020, Noida, $8.0M)
Online B2B marketplace offering fashion products
Jungle Ventures, ICMG Partners, Saison Capital, STRIVE,
Titan Capital, and 2 more
SEED STAGE
$20.0M - Seed
I Hub Robotics (2021, Kochi, $20.0M)
Provider of robotics solutions
Angel
BabyChakra (2017, Mumbai, $4.2M)
Online parenting platform for pregnancy and childcare
Dia Mirza
Seed
Nawgati (2019, Noida, $307.3K)
Provider of queue management solutions for fuel
station operators
All In Capital

14
SEED STAGE
Seed
Docker Vision (2021, Kochi)
Platform offering an AI-powered gate OCR for terminal
gate automation
SanchiConnect, ThinKuvate
Seed
The Divine Foods (2019, Salem)
Provider of functional foods and superfoods to treat
various health conditions
Seed
Quench Botanics (2020, Mumbai)
Internet first brand offering skincare products
Kareena Kapoor Khan
SEED STAGE
Seed
Pennant (2005, Hyderabad)
Banking software suite
Bajaj Finserv
Seed
Leucine Rich Bio (2014, Bengaluru, $376.3K)
Provider of the genomics-based platform to analyze
microbiome
Seed
InsurStaq (2022, Delhi)
AI-enabled personal insurance assistant
Faad Network
SEED STAGE
Seed
Qdesq (2015, Gurgaon, $1.4M)
Online marketplace platform that provides shared
working spaces
Gruhas
Seed
HatchFast (2023, Pune)
Test automation platform for developers
100X.VC
Seed
Madsto (2017, Bengaluru)
Internet first brand offering casual wear for men
Prajay Advisors LLP

15
SEED STAGE
Seed
Fruit Fal (2016, Noida)
Online marketplace offering fruits and vegetables
India Accelerator
Seed
MedLern (2020, Bengaluru)
Digital e-learning solution for hospitals & healthcare
professionals
Laerdal Medical
Seed
CutBox (2022, Pune, $93.0K)
Provider of B2B distribution services for small retailers
100X.VC
SEED STAGE
Seed
Nesa Medtech (2016, Bengaluru, $525.4K)
Developer of medical devices for the treatment of
symptomatic uterine fibroids
KITVEN, Malpani Ventures, SucSEED Indovation,
Ganesh Subramaniam, Dinesh Patel
Seed
TBO (2006, Gurgaon)
SaaS-driven distribution network solution for the travel
industry
General Atlantic
Seed
Setu (2017, Mumbai)
Provider of dietary supplements

New Investors (1/2)
List of New Investors in India Tech in October 2023
India Tech: List of New Investors
16
Investor Company Info Round Amount Round Name
IIMK LIVE
4 portfolio companies | Business incubator and entrepreneurship development
centre of IIM Kozhikode
Adiabatic
Developer of lithium-ion battery for electric vehicles
$96.18K Seed
Superscrypt
21 portfolio companies | Blockchain focused on investment firm
Induced
$2.30M Seed
BNP Paribas Cardif
2 portfolio companies | Provider of diversified insurance services
InsuranceDekho
$60.00M Series B
AKGVG
1 portfolio companies | Provider of accounting, taxation, and audit services
Proxgy
Provider of smart wearables and IoT hardware for construction industry
$2.00M Seed
cure.fit
2 portfolio companies | Provider of an integrated fitness training and nutrition
coaching platform
sugar.fit
Wearable watch and mobile app for diabetes management
$11.00M Series A
PI Opportunities Fund I
1 portfolio companies | Private equity fund focused on multiple sectors
Oro Money
Developer of the marketplace to find gold loans
Undisclosed Series A
Beams Fintech Fund
4 portfolio companies | Venture capital-backed accelerator focused on the
fintech startups
InsuranceDekho
$60.00M Series B
IDEO CoLab
38 portfolio companies | Sector agnostic startup studio
Induced
$2.30M Seed
Planify
4 portfolio companies | Provider of company investment solution
Proxgy
Provider of smart wearables and IoT hardware for construction industry
$2.00M Seed
Touchstone
7 portfolio companies | Platform offers blockchain investment
Mokobara
Internet-first brand offering customized luggage bags
$3.60M Series A

New Investors (2/2)
List of New Investors in India Tech in October 2023
India Tech: List of New Investors
17
Investor Company Info Round Amount Round Name
DFC
53 portfolio companies | Government agency supporting the development of
SMEs
Husk Power Systems
$43.00M Series D
Proparco
78 portfolio companies | Financial development solutions and government
agency focused on economic development investments
Husk Power Systems
$43.00M Series D
Untitled Ventures
1 portfolio companies | Limited information available
Induced
$2.30M Seed
The Good Glamm Group
1 portfolio companies | Online retail platform offering multi-category beauty
products
Altitude
Fixed income alternative investment platform for individuals
$500K Seed
SanchiConnect
1 portfolio companies | Fundraising platform for startups
Docker Vision
Platform offering an AI-powered gate OCR for terminal gate automation
Undisclosed Seed
91venture.com
2 portfolio companies | Startup accelerator focused on automobile sectors
Omnivio
Web based supply chain management solutions for retailers
$1.02M Seed
SignalFire
176 portfolio companies | Venture capital firm investing in seed and early stage
startups
Induced
$2.30M Seed
Param Capital
1 portfolio companies |
Inc5 Shoes
Online retailer offering multi-category fashion products
$10.00M Series A
WarmUp Ventures
1 portfolio companies |
Biva
AI based marketing management solutions for enterprises
$500K Seed
Caret Capital
1 portfolio companies | Venture capital fund focused on investing in multiple
sectors
Omnivio
Web based supply chain management solutions for retailers
$1.02M Seed

Top Funded Business Models - last 1 year
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1
year.
18
Rank Business Model $ Funding # Rounds Top Funding Round
1 ▲19 D2C Eyewear Brands $651M 3 Lenskart | $500M | Series J
2 ▲34 Loan Life Cycle Management $367M 6 Perfios | $229M | Series D
3 ▲1 Electric Scooter Manufacturers $318M 11 Ola Electric | $140M | Series E
4 ▼-2 Ultrafast Grocery Delivery $275M 2 Zepto | $200M | Series E
5 ▲55 Financial Institution KYC Software $241M 2 Perfios | $229M | Series D
6 ▲172 Online Supplement Stores $208M 6 HealthKart | $135M | Series H
7 ▲44 College Education Loans $167M 3 Avanse | $96.8M | Unattributed
8 ▲7 Hyperlocal Delivery APP $138M 5 Dunzo | $75.0M | Series F
9 -- Contract Manufacturing Marketplace $128M 2 Zetwerk | $120M | Series F
10 ▲17 B2B Manufacturing Services Marketplace $121M 3 Zetwerk | $120M | Series F

IPO Date Company IPO Mcap Exchange Ticker
27 Oct 2023
WOMANCART (2018, New Delhi, )
Online retailer offering multi-category beauty products
$0.0B NSE:WOMANCART
IPOs
List of IPOs in India Tech in October 2023
India Tech: IPOs
19

Acquisitions
List of Acquisitions in India Tech in October 2023
India Tech: Acquisitions
20
Acq. Date Company Acquirer Deal Size
04 Oct 2023
Wheebox(2011, Gurgaon, $0.8M)
Online platform for employability skill assessment
ETS
05 Oct 2023
Sixer(2017, Singapore)
App-based platform to buy and sell stocks in cricket players
Dream11
05 Oct 2023
Datametica(2013, Pune)
Platform for data migration, analysis and visualization
Onix
06 Oct 2023
TrustCheckr(2017, Bengaluru, $1.1M)
AI-enabled tool to identify and remove fake users
Truecaller
23 Oct 2023
Arcion(2018, San Mateo, $18.2M)
Cloud based platform offering data pipeline solutions
Databricks $100.0M
24 Oct 2023
Texts(1996)
Messaging application platform that aggregates messaging across
various platforms
Automattic $50.0M
26 Oct 2023
StockOne(2017, Bengaluru, $0.7M)
Provider of web-based warehouse management solutions
Shipsy
28 Oct 2023
Matchday.ai(2022, Hyderabad)
AI-based video analysis platform for badminton players
GameTheory
30 Oct 2023
Tango Eye(2017, Chennai, $1.3M)
Provider of AI based image and video analytics solutions
Lenskart
30 Oct 2023
Yumlane(2016, Mumbai, $8.0M)
Internet First Restaurant offering pizza and biryani
Curefoods

Recent News (1/2)
Recent News in India Tech in October 2023
India Tech:News
21
Exit News
.
● Reliance Industries Eyes Disney’s India Operations in a Potential Mega Deal
Marketing In Asia
.
● Arcion, a company acquired by Databricks, the $43 billion AI firm, for $100
million Verve times
.
● Lenskart Acquires AI based computer vision startup TangoEyeEnablers
.
● Shipsy Expands Portfolio with Acquisition of Stockone Startup Story
.
● Truecaller Acquires TrustCheckr, A Fraud Detection ServiceGlobal FinTech Series
.
● CRED in Talks To Acquire KuveraIndianWeb2
.
● CureFoods acquires Yumlane Pizza and its proprietary tech Entrackr
.
● VideoVerse acquires Optikka to expand real-time content automation within
MagnifiSports Business Journal
.
Fund News
.
● LetsVenture cofounder launches new micro-investment fund Propell Indiatimes
● Anil Agarwal's Vedanta selects Ajay Goel as chief financial officer siliconindia
.
● Dunzo co-founder Dalvir Suri, also head of B2B business, leaves firm amid
restructuringTechPortal
.
● Yuma Energy appoints Muthu Subramanian and GM and MD - Express Mobility
News | The Financial Express Financial Express
.
● Trellix Appoints Ash Parikh to Chief Marketing Officer Trellix
.
● Meesho announces organisational changes as CXO set to depart Moneycontrol
.
● Dunzo Faces Another Cofounder Exit: Mukund Jha Set To Leave Cash-Strapped
StartupInc42
.
● Bighaat appoints Jitesh Shah as chief operating office Financial Express
.
Company News
.
● DeepTek.ai secures US FDA clearance for chest X-ray AI solution IndiaMedToday
.
● Sony LIV expands global presence; announces foray in Africa and the
Caribbean region Business Wire

Recent News (2/2)
Recent News in India Tech in October 2023
India Tech:News
22
● SigTuple’s AI100 with ShonitTM receives USFDA 510(k) clearance
medicalbuyer.co.in
.
● Workruit expands operations to the US Business Line
.
● Zuper Hotels & Resorts gears up for its foray into Madhya Pradesh, ET
HospitalityWorldIndiatimes
.
● WinZO embarks on export of over 100 games with its launch in BrazilMobility
India
.
Regulatory News
.
● RBI Imposes ₹5.4 Crore Penalty On Paytm Payments BankAdda247
.
● Five pharma firms fined €13.4m over EC’s cartel investigationPharmaceutical
Technology
.
● Jet lenders question source of money received from Jalan-Kalrock Livemint
.
● Zee-Sony merger: NCLAT postpones hearing on Axis Finance dispute
agreementoltnews.com

Deadpooled Companies
Index of companies in India Tech which became deadpooled in 10 2023
India Tech: Deadpooled Companies
23
Funding Company Location
Verxr.in
Restorant
Aakaar Mumbai
Ghaas Phoos Pune
Flipdemy Chennai
GemSeason Delhi
The FanX New Delhi
HRtics Thrissur
Apk Gully
CyAid Delhi
Upskillz Bengaluru
Fregyan Kadapa
V store Rajahmundry
rangil das toy shop Surat
FitnessGurukul Hyderabad
DigiCV Midnapore
Right Shot Mumbai
Carebyte Delhi
Dangal Games Delhi
Azadaari
Genebloc Bengaluru
Livefitstore Mumbai

Explore more on Tracxn
Explore more about India Tech on Tracxn Platform
India Tech: Explore more on Tracxn Platform
24
Companies
Recent Companies Covered
Funded Companies
Editor's Pick
Soonicorn Club
SaaS Companies in India
AI Companies in India
Fintech Companies India
Consumer Digital in India
Company Due Diligence
Detailed profile of Ola
Competitors of VerSe
Cap Tables of ShareChat
Investment Activity
Recent Investments
Investment Trend of last 10 years
Mega Investments Rounds
Investors
Most Active Investors
Most Active Angel Investors
Unicorn Investors
Exits
IPO'd Companies
Recent Acquisitions
Most Active Acquirers
Recent Acquihires
News & Events
Recent News
News on People
News on Unicorns
Upcoming Events
Library
Recent Reports
Tracxn Blog
Global Sector Landscape

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