Tracxn - Geo Monthly Report - India Tech - Nov 2021

TRACXN MONTHLY REPORT
NOVEMBER 2021
INDIA TECH

India Tech - November 2021 Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Contents
2
India Tech Snapshot 3
Investment Snapshot 4
List of Funding Rounds 5
New Investors 18
Top Funded Business Models - last 1 year 20
New Analyst Picks 21
IPOs 35
Acquisitions 36
Recent News 39
Deadpooled Companies 41

India Tech Snapshot – November 2021
India Tech: Snapshot – November 2021
Note : "Investors" refers to "Institutional Investors" only
3
$3.0B
46 4
Overall Geo Stats
20
24
238
158
117
Funding Rounds $ Invested Analyst Picks
NoBroker
Upgraded to
UNICORN
New Investors
Gunfire
South Park Commons
Series A+ rounds Active Investors IPOs
PB Fintech
Sigachi
Acquisitions
Avantis
Wealth Magic
Top Funding Rounds Top Markets Top Investors Top Cities
Monthly Leader Board
Bangalore
(39 Rounds, $917M)
Delhi NCR
(31 Rounds, $1.8B)
Mumbai
(16 Rounds, $155M)
Delhi
(15 Rounds, $499M)
$1.1B - Series H
Paytm (2010, Noida, $4.6B)
$280M - Series E
Spinny (2015, Delhi, $516M)
$220M - Series B
slice (2016, Bangalore, $281M)
$210M - Series E
NoBroker (2014, Bangalore, $363M)
Better Capital
(6 Investments)
Titan Capital
(6 Investments)
Accel
(5 Investments)
LetsVenture
(5 Investments)
Payments
Paytm
Auto E-Commerce & Content
Spinny
Commercial Real Estate Tech
NoBroker
Residential Real Estate Tech
Settl.
Market Size
Companies Covered 87,858
Funded Companies 9,033
Total Funding $117B
Funding in last 12 months $36.7B
Top Exits
IPOs 137
Acquisitions 1,074
Company Stage
Unicorns 73
Soonicorns 212
Minicorns 821
Editor Picks 5,703
Series A+ 1,586
Series C+ 364
Acqui-Hires 110
Deadpooled 15,362
Top Cities
Bangalore (5,335 Rounds, $54.7B)
Delhi NCR (4,054 Rounds, $36.0B)
Top Investors
AngelList (215 Investments)
LetsVenture (211 Investments)

Investment Snapshot
Investment Snapshot of India Tech as of November 2021
India Tech: Investment Snapshot
4
# Rounds
$ Funding
Investment Trend Top Investments (November 2021)*
Paytm
(2010, Noida, $4.6B)
$1.1B - Series H BlackRock
Spinny
(2015, Delhi, $516M)
$280M - Series E Tiger Global Management
slice
(2016, Bangalore, $281M)
$220M - Series B Tiger Global Management
NoBroker
$210M - Series E General Atlantic
ShipRocket
(2012, Delhi, $287M)
$185M - Series E PayPal
ThoughtSpot
(2012, San Jose, $674M)
$100M - Series F March Capital
Zoomcar
$92.0M - Series E SternAegis Ventures
Purplle
(2011, Mumbai, $241M)
$65.0M - Series D
magicpin
(2015, Gurgaon, $102M)
$60.0M - Series D Zomato
BrightCHAMPS
(2020, Bangalore, $63.0M)
$51.0M - Series C Premji Invest
cult.fit
$50.0M - Series D Zomato
*Shows only the lead Investors

List of Funding Rounds (1/13)
List of Funding Rounds in India Tech in November 2021
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
$17.4M - Series C
Rentomojo (2014, Bangalore, $60.4M)
Online rental platform offering multi-category products
Accel, Bain Capital
LATE STAGE
$18.8M - Series D
Indifi (2015, Gurgaon, $62.0M)
Online platform for business loans
CX Partners, Finnfund, Flourish, Elevar Equity, Sage
Private Limited, and 3 more
LATE STAGE
$25.0M - Series C
Upstox (2011, Mumbai, $54.0M)
App-based trading platform for stocks
Tiger Global Management
LATE STAGE
$26.9M - Series C
WakeFit (2014, Bangalore, $61.1M)
Internet first brand offering mattresses
SIG, Verlinvest, Sequoia
LATE STAGE
$30.0M - Series D
GreytHR (1994, Bangalore, $41.8M)
HR & payroll software provider
Info Edge
LATE STAGE
$38.1M - Series C
Vayana Network (2009, Pune, $46.6M)
Online trade financing platform
Marshall Wace, ORPAT, Trifecta Capital, Chiratae
Ventures, March Capital, and 8 more
LATE STAGE
$50.0M - Series D
cult.fit (2016, Bangalore, $525.7M)
Provider of digital and offline fitness solutions provider
Zomato, Temasek, Accel, South Park Commons
LATE STAGE
$51.0M - Series C
BrightCHAMPS (2020, Bangalore, $63.0M)
Online platform providing classes on coding &
mathematics thinking
Premji Invest, Beenext, GSV Ventures, 021 Capital,
Binny Bansal
LATE STAGE
$60.0M - Series D
magicpin (2015, Gurgaon, $102.2M)
Online platform offering cashback and coupons
Zomato, Lightspeed Venture Partners

6
LATE STAGE
$65.0M - Series D
Purplle (2011, Mumbai, $240.9M)
Online marketplace platform offering multi-category
beauty products
LATE STAGE
$92.0M - Series E
Zoomcar (2012, Bangalore, $254.3M)
App-based self-driving car rental platform
SternAegis Ventures
LATE STAGE
$100.0M - Series F
ThoughtSpot (2012, San Jose, $674.0M)
Provider of AI based search driven analytics platform
for enterprises
March Capital, Fidelity Investments, Capital One
Growth Ventures, Snowflake, Lightspeed Venture
Partners, and 4 more
LATE STAGE
$185.0M - Series E
ShipRocket (2012, Delhi, $287.4M)
Provider of AI & web-based automated shipping
management tools for e-commerce
PayPal, March Capital, Zomato, Bertelsmann India
Investments, Info Edge Ventures, and 3 more
LATE STAGE
$210.0M - Series E
NoBroker (2014, Bangalore, $362.8M)
App-based P2P listing platform for residential &
commercial properties
General Atlantic, Tiger Global Management, Moore
Venture Partners
LATE STAGE
$280.0M - Series E
Spinny (2015, Delhi, $516.3M)
Online outright buyer of used cars
Tiger Global Management, ADFD, Arena Holdings,
Avenir Growth Capital, Think Investments
LATE STAGE
$1.1B - Series H
App-based wallet for consumer payments
BlackRock, Aditya Birla Capital, CPP Investments
LATE STAGE
Series C
Ittiam Systems (2001, Bangalore, $11.7M)
Online video content delivery solutions provider
Dolby Laboratories

7
LATE STAGE
PE
e-Emphasys Technologies (2000, Cary)
ERP system for heavy equipment dealerships and
rentals
True Wind Capital, TA Associates Management
EARLY STAGE
$472.3K - Series A
Emiza (2015, Mumbai, $7.0M)
Provider of end-to-end warehousing and fulfillment
solutions for SMEs
Mayfield, Candle Partners, Manish Chhabra, Ashish
Chhabra, Jitendra Kumar
EARLY STAGE
$589.9K - Series A
Onco (2016, Bangalore, $10.3M)
Online platform offering second opinion on cancer by
oncologists
Accel, Deepak Singh Ahlawat, Anjali Joshi, Abhishek
Goyal, Maria Artunduaga
EARLY STAGE
$1.3M - Series A
Univariety (2011, Hyderabad, $6.5M)
Web platform to get recognized by international
universities and get scholarships
EARLY STAGE
$1.5M - Series A
Zvolv (2016, Pune, $2.1M)
Cloud-based suite solutions for business process
management
RiSo Capital, JSW Ventures
EARLY STAGE
$1.6M - Series A
Planys (2012, Chennai, $4.8M)
Provider of remotely operated vehicle for underwater
applications
Shell, ONGC, LetsVenture, Keiretsu Forum, Ranjan Pai,
and 1 more
EARLY STAGE
$1.9M - Series A
ABL (2017, Delhi, $4.1M)
Provider of managed co-working spaces
EARLY STAGE
$4.0M - Series A
GIVA Jewellery (2019, Bangalore, $7.2M)
Internet-first brand offering fast-fashion jewelry
Sixth Sense Ventures, IQ Capital, Anicut Capital,
Ananyashree Goenka
EARLY STAGE
$4.3M - Series B
M1xchange (2017, Gurgaon, $18.8M)
Online platform facilitating the discounting of invoices
and bills of exchange
IndiaMART

8
EARLY STAGE
$5.0M - Series A
Advantage Club (2014, Gurgaon, $5.0M)
Al-driven employee engagement platform provider
Jetty Ventures, Y Combinator, Earlsfield Capital, SMC,
Broom Ventures LLC, and 1 more
EARLY STAGE
$5.4M - Series A
Medkart (2014, Ahmedabad, $5.4M)
Online platform for comparison of prices and purchase
of medicines
Insitor Partners, Alkemi Partners, Prashant Poddar
EARLY STAGE
$6.2M - Series A
ImmunoACT (2018, Mumbai, $6.3M)
Developer of cell and gene therapies for cancer
treatment
Laurus Labs
EARLY STAGE
$6.5M - Series A
Sleepy Owl (2016, Delhi, $9.6M)
Internet-first coffee company
Rukam Capital, DSG Consumer Partners
EARLY STAGE
$6.7M - Series B
Chakr Innovation (2015, Gurgaon, $10.4M)
Manufacturer of device that uses soot from diesel
generator to create ink and paint
SBICAP Ventures
EARLY STAGE
$8.1M - Series A
Unnati (2017, Noida, $10.3M)
Provider of technological services for farmers
Incofin Investment Management, NABVENTURES Fund,
Orios Venture Partners
EARLY STAGE
$10.0M - Series B
Euler Motors (2015, Delhi, $21.9M)
Developer of e-rickshaw and fleet-mobility solutions
Inventus Capital Partners, , Blume Ventures, Asian
Development Bank
EARLY STAGE
$10.0M - Series B
Vakilsearch (2010, Chennai, $22.0M)
Online platform to search and book for professional
legal services
Incorp
EARLY STAGE
$12.0M - Series A
Guardian Link (2020, Chennai, $12.0M)
Decentralized protocol for NFT Commerce
Kalaari Capital

9
EARLY STAGE
$13.0M - Series B
Disprz (2015, West Orange, $21.6M)
Cloud-based learning management and engagement
software
Dallas Venture Capital, MARS Growth Capital, KOIS,
Kae Capital, Auctus Capital, and 1 more
EARLY STAGE
$20.0M - Series A
Velocity (2011, Bangalore, $30.3M)
Revenue-based financing for online businesses
Valar Ventures, Presight Capital, iSeed, Maninder
Gulati, Zac Prince, and 1 more
EARLY STAGE
$20.0M - Series B
Haber (2015, Pune, $27.0M)
IoT-enabled industrial automation platform for
industrial applications
Ascent Capital, Beenext, Accel, Elevation, Mukul
Chawla, and 2 more
EARLY STAGE
$22.0M - Series B
Salesken (2018, Bangalore, $30.0M)
AI-based sales conversation analytics platform
M12, Sequoia Capital
EARLY STAGE
$24.0M - Series A
Mosaic Wellness (2019, Mumbai, $41.2M)
Online telepharmacy platform for the purchase of
mens' products
Sequoia Capital, Spring Marketing Capital, Matrix
Partners India, Elevation
EARLY STAGE
$25.0M - Series A
TSLC (2019, Singapore, $25.0M)
Digital bank for individuals
EARLY STAGE
$30.0M - Series B
CoreStack (2016, Bellevue, $45.7M)
Cloud-based IT cloud management platform
Avatargcp, Iron Pillar, Dallas Venture Capital
EARLY STAGE
$35.0M - Series B
Biryani By Kilo (2015, Gurgaon, $46.9M)
Internet first restaurant offering biryani and Indian
cuisine
Falcon Edge Capital, IvyCap Ventures, SBI, Alpha Wave
Incubation, Ishita Marwah
EARLY STAGE
$220.0M - Series B
slice (2016, Bangalore, $280.6M)
Credit cards for consumers
Tiger Global Management, Insight Partners, Anfa,
Blume Ventures, Sunley House Capital Management,
and 3 more

10
EARLY STAGE
Series B
Adda247 (2016, Gurgaon, $8.6M)
Provider of an online test preparation platform
WestBridge, Asha Impact, Info Edge, JM Financial
EARLY STAGE
Series A
Urban Platter (2015, Mumbai)
Private label brand for grocery and gourmet food
SEED STAGE
$63.2K - Seed
MentorKart (2018, Delhi, $327.6K)
Mobile-based mentorship platform
LetsVenture, India Accelerator, Ashish Vidyarthi, Rajeev
Bhargava
SEED STAGE
$100.0K - Angel
iCardin (2020, Pune, $100.0K)
Provider of a second opinion medical consultation
platform for patients and doctors
Jitendra Patel
SEED STAGE
$114.2K - Seed
NanoSniff (2011, Mumbai, $923.3K)
Provider of MEMS cantilever-based sensors for
chemical analyte detection
JITO Incubation & Innovation Foundation, Ratna Group,
Skd Advisors, Shah Hetal Pranay, Akshaa Samir Shah,
and 4 more
SEED STAGE
$150.0K - Angel
Edvizo (2018, Bangalore, $1.3M)
App-based comparison and tutor discovery platform
for test preparation centers
ah! Ventures
SEED STAGE
$150.0K - Seed
Knocksense (2016, Lucknow, $625.6K)
Online platform providing multi category news
Appyhigh, Mumbai Angels, We Founder Circle
SEED STAGE
$150.0K - Seed
TRDR (2020, Bangalore, $150.0K)
Automated trading and investment platform for retail
investors
Kunal Shah, Snehal Fulzele
SEED STAGE
$155.0K - Seed
Homversity (2017, Ahmedabad, $377.9K)
App-based marketplace to book hostels & PGs
Shuru Up, Growth Sense, Valcreate, Asit Oberoi

11
SEED STAGE
$215.3K - Seed
Buyofuel (2019, Coimbatore, $215.3K)
Web-based platform for biofuel marketplace
IPV
SEED STAGE
$296.0K - Seed
Boingg (2018, Gurgaon, $593.0K)
Internet first brand offering furniture for kids
IPV
SEED STAGE
$318.6K - Seed
CloudFiles (2021, Bangalore, $318.6K)
Cloud-based platform for file sharing
Titan Capital, Ashish Garg, Renil Komitla
SEED STAGE
$399.6K - Seed
InstraAstro (2020, , $399.6K)
Online platform offering astrology services
Artha Venture Fund, LogX
SEED STAGE
$400.0K - Seed
Recordent (2018, Hyderabad, $650.0K)
Payment management solutions for businesses
IIM Calcutta Innovation Park,
SEED STAGE
$400.6K - Seed
Prodo (2021, Delhi, $400.6K)
E-distributor offering multi-category products
LetsVenture, Titan Capital, Abhinav Sinha, Nimesh
Kampani, Gaurav Ajmera, and 3 more
SEED STAGE
$494.1K - Seed
ZappyHire (2018, Kochi, $494.1K)
Autonomous recruitment solution
, Alex K. Babu, Shihab Muhammed, Navas Meeran, M I
Sahadulla, and 2 more
SEED STAGE
$500.0K - Seed
Drona Pay (2021, Mumbai, $500.0K)
Cloud based financial fraud solution provider
VCAPL, Credit Saison India, Kunal Shah, Jitendra Gupta,
Amrish Rau
SEED STAGE
$500.0K - Seed
Atmana (2020, Bangalore, $625.0K)
Offers a platform for tracking smartphone addictions &
habits
Y Combinator, Goodwater Capital, Dhruv Gupta,
Austen Allred
SEED STAGE
$500.0K - Seed
Sutradhar (2019, Gurgaon, $718.8K)
App-based platform offering stories
Venture Catalysts, Titan Capital, Sahil Barua, Shashvat
Nakrani, Kush Agarwal

12
SEED STAGE
$500.0K - Seed
Settl. (2020, Bangalore, $593.7K)
Provider of managed co-living spaces
We Founder Circle, ah! Ventures, Saurabh Jha, Abdul
Paravengal, Ashu Dubey, and 1 more
SEED STAGE
$549.0K - Seed
Savart (2017, Hyderabad, $732.4K)
Stocks and mutual fund investment platform
Beenext, Yatra Angel Network, Jitendra Gupta
SEED STAGE
$762.2K - Seed
Koparo Clean (2021, , $762.2K)
Internet first brand offering multi-category home care
products
Saama Capital, Titan Capital, DSG Consumer Partners,
Uday Shankar, Rohit Kapoor, and 4 more
SEED STAGE
$796.4K - Seed
PlayAblo (2015, Bangalore, $3.1M)
Corporate learning management platform
Saurabh Sinha, Arnab Chatterjee, Karthik Natarajan,
Rajesh Ravindranath, Hasanain Golam, and 2 more
SEED STAGE
$800.0K - Seed
Stratzy (2021, Mumbai, $800.0K)
App-based platform for trading in stock assets
Leo Capital, Titan Capital, First Cheque
SEED STAGE
$957.4K - Angel
Peepl (2021, Delhi, $957.4K)
Platform offering multi-category grocery supplies
Steve Rotheram
SEED STAGE
$1.0M - Seed
Kiko (2020, Indore, $1.0M)
Provider of live shopping mobile application for
customers
SOSV, GSF Accelerator, Venture Catalysts, Dinesh
Agarwal, Amarjit Batra
SEED STAGE
$1.0M - Seed
ToppersNotes (2014, Jaipur, $1.0M)
Online learning platform offering notes & test series
IPV, Plan B Capital, LetsVenture, Pulkit Agrawal, Ashish
Sharma, and 11 more
SEED STAGE
$1.0M - Seed
ParaBlu (2012, Santa Clara, $1.5M)
Cloud based platform offering security, file sharing, and
end point security solution
IPV

13
SEED STAGE
$1.0M - Seed
The Hosteller (2014, Sirohi, $1.7M)
Online backpackers' hostel aggregator
FAO Ventures, Subhkam Ventures, Faad Network, JITO
Incubation & Innovation Foundation
SEED STAGE
$1.0M - Seed
Fello (2020, Bangalore, $1.1M)
App-based saving and investment platform for
individuals
Entrepreneur First, Salil Chakrabarty, Megh Promoters,
Dexter Angels, AngelList, and 11 more
SEED STAGE
$1.2M - Seed
Early Steps Academy (2020, Bangalore, $1.2M)
Online platform offering tutoring solutions for students
Beenext, Whiteboard Capital, Taurus Ventures
SEED STAGE
$1.4M - Seed
ZenOnco (2019, Bangalore, $1.4M)
Provider of end-to-end medical care for cancer
patients
Enzia Ventures, Apollo Hospitals, Better Capital, Titan
Capital, Arvind Kumar
SEED STAGE
$1.5M - Seed
DigiBoxx (2020, Mumbai, $1.5M)
Cloud-based digital file storage service and sharing
platform
SEED STAGE
$1.5M - Seed
LMCE (2021, Delhi, $1.5M)
Provider of tech-enabled suite solutions to B2B rural
companies
Multiplier Share & Stock Advisors Pvt Ltd, Soyumm
Marketing Private Limited, Akash Prakash, Madhu
Jayakumar, Dipinder Sandhu, and 9 more
SEED STAGE
$1.6M - Seed
Wint Wealth (2020, Bangalore, $3.9M)
Online platform focused on fixed-income investments
3one4 Capital
SEED STAGE
$1.8M - Seed
Autozilla (2015, Hyderabad, $1.8M)
Online B2C marketplace to buy & sell auto parts
Bosch
SEED STAGE
$2.0M - Seed
Finzy (2016, Bangalore, $7.8M)
Online P2P marketplace for consumer and business
loans
SEED STAGE
$2.0M - Seed
Bombay Hemp Company (2013, Mumbai, $4.7M)
Producer and distributor of cannabis products

14
SEED STAGE
$2.0M - Seed
OneRare (2021, Delhi, $2.0M)
Online metaverse for food-based NFTs
ArkStream, Momentum 6, Exnetwork Capital, Stable
Node, ENJINSTARTER, and 16 more
SEED STAGE
$2.0M - Seed
Ugaoo (2015, Pune, $2.4M)
Online retail offering gardening plants and accessories
DSG Consumer Partners, RPG Ventures
SEED STAGE
$2.0M - Seed
Vilcart (2018, Bangalore, $2.8M)
Provider of end to end tech-enabled assistance to rural
retailers
NABVENTURES Fund, Prashanth Prakash, Nagaraj R, S J
Ashok
SEED STAGE
$2.5M - Seed
Jet Media Network (2020, , $2.5M)
Provider of advertisement monetization and network
LAMF, 10X Capital, Gaingels Syndicate, JetSynthesys,
Equinox Information Systems, and 1 more
SEED STAGE
$2.5M - Seed
Toplyne (2021, Bangalore, $2.5M)
Cloud based lead management solutions for PLG
companies
Surge, Together
SEED STAGE
$2.6M - Seed
beGalileo (2016, Bangalore, $2.6M)
AI-driven personalized adaptive learning platform for
math
Mumbai Angels,
SEED STAGE
$2.8M - Seed
CCBP (2020, Hyderabad, $2.8M)
Online platform providing a community for tech
students
Orios Venture Partners, Better Capital, Kailas Family
Trust, AngelList, LogX, and 13 more
SEED STAGE
$2.9M - Seed
EyeMyEye (2021, Gurgaon, $4.4M)
Online retailer offering eyewear
Brijesh Agarwal, Raghav Gupta, Baskara Rao
SEED STAGE
$3.0M - Seed
ElectricPe (2021, Bangalore, $3.3M)
Provider of two-wheeler EV charging station
Blume Ventures, Micelio, Relentless Online Private
Limited, Relentless Pursuit Partners, Morpheus Ananta
LLP, and 18 more

15
SEED STAGE
$3.0M - Seed
Lysto (2021, Bangalore, $3.0M)
APIs, tools, and infrastructure for NFTs
Beenext, Better Capital, Cloud Capital, Binny Bansal,
Sandeep Nailwal, and 9 more
SEED STAGE
$3.1M - Seed
DGV (2019, Bangalore, $3.6M)
Correspondent banking platform for micro-businesses
Omnivore, , Temasek, Sabita Venkatesan
SEED STAGE
$3.3M - Seed
Advantage Club (2016, Gurgaon, $5.0M)
Employee engagement and recognition platform
provider
Jetty Ventures, , Earlsfield Capital
SEED STAGE
$4.0M - Seed
SalaryBox (2020, Delhi, $4.1M)
Mobile-first payroll management software for SMEs
AME Cloud Ventures, Soma Capital, 2am VC, Y
Combinator, Gokul Rajaram, and 2 more
SEED STAGE
$4.0M - Seed
Fasal (2018, Bangalore, $6.3M)
Provider of AI and IoT platform for precision agriculture
3one4 Capital, Wavemaker Partners, Genting Group,
Omnivore, Antares Capital, and 2 more
SEED STAGE
$4.0M - Seed
RESET Tech (2021, Mumbai, $4.0M)
Provider of a mobile app for practising yoga sessions
Vimal Kedia, Surendra Kedia, Narendra Firodia
SEED STAGE
$5.0M - Seed
21K School (2020, Bangalore, $5.1M)
Operates K-12 school
Ronnie Screwvala
SEED STAGE
$5.0M - Seed
Tickertape (2015, Bangalore, $5.0M)
Online platform for market data and analysis tools for
stocks, indices, and ETFs
Smallcase
SEED STAGE
$5.5M - Seed
Defy (2019, Bangalore, $5.5M)
App-based trading platform for cryptocurrency
Goat Capital, , Goodwater Capital, Uncommon Capital,
GMO Venture Partners, and 5 more

16
SEED STAGE
$6.0M - Seed
Mindhouse (2019, Gurgaon, $6.7M)
Mobile app for practising yoga and mindfulness
exercises
Better Capital, Anicut Capital, General Catalyst
Partners, , Binny Bansal, and 2 more
SEED STAGE
$7.0M - Seed
Cradlewise (2016, Bangalore, $7.2M)
Provider of a baby monitoring cradle
Footwork, Charles River Ventures, Better Capital, SOSV,
Katrina Lake, and 3 more
SEED STAGE
$7.0M - Seed
Battery Smart (2020, Delhi, $8.4M)
Provider of battery-swapping station network for
multi-category electric vehicles
Blume Ventures, Orios Venture Partners, Gunfire,
Baring Private Equity Partners, Green Frontier Capital,
and 7 more
SEED STAGE
$21.0M - Seed
Simple Energy (2019, Bangalore, $29.8M)
Developer of electric scooters
Sattva Group, Athiya Developers
SEED STAGE
Angel
Yearbook Canvas (2018, Jodhpur, $301.0K)
Online platform to create and publish yearbooks
Nandkumar Dhekne
SEED STAGE
Seed
OneGreen (2020, Gurgaon, $17.8K)
Online retailer offering organic multi-category products
Nikhil Chinapa, Vidya Malawade, Rannvijay
SEED STAGE
Seed
PokerLauncher (2016, Delhi)
Online platform offering poker cashback and deals
SEED STAGE
Seed
Ezyschooling (2016, Delhi)
Online platform for discovering and applying for
schools
Mumbai Angels, Meteor Venture, India Accelerator,
Diligent Global, EG, and 1 more

17
SEED STAGE
Seed
Degpeg (2019, )
Cloud based platform offering solutions for live
streaming to sell products
Expert DOJO
SEED STAGE
Seed
BHyve (2019, Mumbai, $334.0K)
Provider of a gamified peer-to-peer learning platform
Seeders
SEED STAGE
Seed
Life Quest (2019, Mumbai)
Membership-based social platform offering interest-
based clubs
GetVantage
SEED STAGE
Angel
Zenpay Solutions (2018, Delhi)
Expense management card for employees
The Startup Lab, AngelBay, Pavitra Walwekar, Naresh
Vigh, Anant Aggarwal, and 1 more
SEED STAGE
Seed
1Hour Grocery (2020, Chennai)
Online platform offering multi-category grocery
supplies
SEED STAGE
Seed
Exampur (2018, Ghaziabad, $75.5K)
Mobile-based platform providing government exam
preparation solutions
SEED STAGE
Seed
SatSure (2016, Bangalore)
Provider of satellite data for multi-industry
Baring Private Equity Partners India
SEED STAGE
Seed
RoaDo (2017, Bangalore)
Fleet management solutions provider
Capital A
SEED STAGE
Angel
TurboHire (2018, Hyderabad, $1.0M)
Applicant tracking solutions provider
Francisco Arcilla, Samir Khosla, Sanjay Balram, Monish
Darda

New Investors (1/2)
List of New Investors in India Tech in November 2021
India Tech: List of New Investors
18
Investor Company Info Round Amount Round Name
Gunfire
1 portfolio companies | Online offering airsoft guns, cheap & best replicas
Battery Smart
Provider of battery-swapping station network for multi-category
electric vehicles
$7.00M Seed
South Park Commons
18 portfolio companies | Sector agnostic incubator and venture capital firm
focused on multiple sectors
cult.fit
$50.00M Series D
Skyman Ventures
1 portfolio companies | Skyman Ventures – Sensible investments in modern-day
assets.
OneRare
$2.00M Seed
Plan B Capital
1 portfolio companies | Welcome To Plan B Capital Group
ToppersNotes
Online learning platform offering notes & test series
$1.00M Seed
Stable Node
1 portfolio companies | Venture capital-backed accelerator focused on
blockchain startups
OneRare
$2.00M Seed
Capital One Growth Ventures
6 portfolio companies | Tech focused Corporate VC Firm investing in the US
ThoughtSpot
Provider of AI based search driven analytics platform for enterprises
$100M Series F
ENJINSTARTER
2 portfolio companies | NFT-based trading platform for digital game assets
OneRare
$2.00M Seed
Genting Group
7 portfolio companies | Oil and gas exploration and production company
Fasal
Provider of AI and IoT platform for precision agriculture
$4.00M Seed
premjiinvest.vdtrxn
1 portfolio companies | Limited information available
Purplle
Online marketplace platform offering multi-category beauty products
$65.00M Series D
lucidblueventures.com
3 portfolio companies |
OneRare
$2.00M Seed

New Investors (2/2)
List of New Investors in India Tech in November 2021
India Tech: List of New Investors
19
Investor Company Info Round Amount Round Name
Kangaroo Capital
3 portfolio companies | Blockchain & Cryptocurrency Investments
OneRare
$2.00M Seed
KUBE Ventures
1 portfolio companies | KUBE Ventures - Driving Innovation in Hospitality
Fello
App-based saving and investment platform for individuals
$1.00M Seed
Valcreate
1 portfolio companies | Portfolio management solutions for investment
managers
Homversity
App-based marketplace to book hostels & PGs
$155K Seed
Alpha Wave Incubation
1 portfolio companies | alphawaveglobal.com - Registered at Namecheap.com
Biryani By Kilo
Internet first restaurant offering biryani and Indian cuisine
$35.00M Series B
ethik-bgc.ca
1 portfolio companies | ETHIK Eco-Design Hub – The global ethical fashion hub
for fashion-lovers, wearers and makers
ABL
Provider of managed co-working spaces
$1.90M Series A
Capital A
2 portfolio companies | Venture capital fund focused on Indian startups
RoaDo
Undisclosed Seed
Soyumm Marketing Private Limited
LMCE
Provider of tech-enabled suite solutions to B2B rural companies
$1.50M Seed
Maven Capital Partners
139 portfolio companies | Private equity investment firm operating across the
UK
OneRare
$2.00M Seed
familyofficeofkantamaneni.vdtrxn
Recordent
Payment management solutions for businesses
$400K Seed
Moore Venture Partners
15 portfolio companies | Growth & expansion stage VC firm invesing in the US
NoBroker
App-based P2P listing platform for residential & commercial properties
$210M Series E

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.
20
Rank Business Model $ Funding # Rounds Top Funding Round
1 ▲39 Multi Products Marketplaces $3.6B 5 Flipkart | $3.6B | Series J
2 ▲1 Food Ordering Platforms $2.2B 4 Swiggy | $800M | Series J
3 ▼-2 Online Test Preparation Courses $1.6B 9 BYJU'S | $460M | Series F
4 ▲1 Vernacular Social Networking Platforms $1.4B 5 ShareChat | $502M | Series E
5 ▲11 Digital Wallets $1.1B 8 Paytm | $1.1B | Series H
6 ▲16 POS Payment Terminals $1.0B 9 Pine Labs | $600M | Series E
7 ▲62 Online Marketplace for Drugs $806M 8 PharmEasy | $300M | Series D
8 ▼-6 Card Linked Digital Wallets $700M 1 PhonePe | $700M | Unattributed
9 ▼-2 Fantasy Sports Platforms $673M 9 Dream11 | $400M | Series F
10 -- Internet First Working Capital Loans Marketplaces $532M 6 OfBusiness | $207M | Series F

New Analyst Picks (1/14)
Interesting Companies identified by Analysts in India Tech in November 2021
India Tech: Analyst Picks
21
Upgraded to UNICORN
NoBroker (2014, Bangalore, $3.0M, Series A)
App-based P2P listing platform for residential &
commercial properties
Elevation, Trifecta Capital, Mamoru Taniya and 15
other Investors
Upgraded to UNICORN
cult.fit (2016, Bangalore, $120M, Series D)
Temasek, Aditya Agarwal, Bruno E Raschle and 32
other Investors
Upgraded to UNICORN
Upstox (2011, Mumbai, $25.0M, Series C)
App-based trading platform for stocks
G V Sanjay Reddy, Ratan N Tata, Davinder Singh Brar
and 4 other Investors
Upgraded to UNICORN
Spinny (2015, Delhi, $1.0K, Series A)
Online outright buyer of used cars
Suresh Bahl, Sandeep Tandon, FJ Labs and 58 other
Investors
Upgraded to UNICORN
slice (2016, Bangalore, $6.3M, Series A)
Credit cards for consumers
8i, AU Small Finance Bank, Rajan Reddy and 52 other
Investors
Upgraded to SOONICORN
magicpin (2015, Gurgaon, $1.0M, Venture Debt)
Online platform offering cashback and coupons
MoonStone Investments, Bunting Family Pharmacy, Vy
Capital and 13 other Investors
WakeFit (2014, Bangalore, $25.1M, Series B)
Internet first brand offering mattresses
Sequoia, Redwood Trust, SIG and 2 other Investors
Vayana Network (2009, Pune, $153K, Seed)
Online trade financing platform
Jungle Ventures, Jitin Nanda, Bruno E Raschle and 18
other Investors
Mosaic Wellness (2019, Mumbai, $24.0M, Series A)
Online telepharmacy platform for the purchase of
mens' products
Elevation, Abhinav Pathak, Jaydeep Barman and 41
other Investors

22
BrightCHAMPS (2020, Bangalore, $139K, Angel)
Online platform providing classes on coding &
mathematics thinking
GSV Ventures, Binny Bansal, Beenext and 5 other
Investors
Upgraded to MINICORN
Advantage Club (2014, Gurgaon, $5.0M, Series A)
Al-driven employee engagement platform provider
Earlsfield Capital, Jetty Ventures, Y Combinator and 3
other Investors
Unnati (2017, Noida, Undisclosed, Seed)
Provider of technological services for farmers
NABVENTURES Fund, KRS Jamwal, Vijay Shekhar
Sharma and 14 other Investors
Cradlewise (2016, Bangalore, $7.0M, Seed)
Provider of a baby monitoring cradle
Sandeep Oswal, SOSV, Charles River Ventures and 9
other Investors
Defy (2019, Bangalore, $5.5M, Seed)
App-based trading platform for cryptocurrency
Soma Capital, Goodwater Capital, Goat Capital and 7
other Investors
Ugaoo (2015, Pune, $2.0M, Seed)
Online retail offering gardening plants and accessories
DSG Consumer Partners,RPG Venturesand
Zvolv (2016, Pune, $140K, Seed)
Cloud-based suite solutions for business process
management
Gopinath C H, PitchRight Ventures, Sharan Aggarwal
Simple Energy (2019, Bangalore, $21.0M, Seed)
Developer of electric scooters
Vasavi Green Tech, Atiyas Electric, Thomas George and
16 other Investors
Tickertape (2015, Bangalore, $5.0M, Seed)
Online platform for market data and analysis tools for
stocks, indices, and ETFs
Smallcaseand

23
DGV (2019, Bangalore, $466K, Angel)
Correspondent banking platform for micro-businesses
Mukesh Ranjan, M V Subramanian, Sabita Venkatesan
TSLC (2019, Singapore, $25.0M, Series A)
Digital bank for individuals
RoaDo (2017, Bangalore, Undisclosed, Seed)
Capital Aand
Added to Editor's Pick
Gozocabs (2012, Chandigarh, $1.1M, Seed)
App-based inter-city taxi booking platform
Akanksha Kumar, Nanjangud Sreekanta Prasad,
Santhosh Kumar M and 52 other Investors
MyClassboard (2009, Hyderabad, $612K, Seed)
Cloud-based enterprise resource planning software for
schools
ICICI Bankand
Buyhatke (2012, Bangalore, $1.0M, Seed)
Online price comparison platform for multi-category
products
Beenos, Kris Gopalakrishnan, AIRI Capital and 1 other
Investors
Exampur (2018, Ghaziabad, Undisclosed, Seed)
Mobile-based platform providing government exam
preparation solutions
Vishnu Mittaland
MyKaam (2019, Bangalore, $168K, Seed)
Online job searching and recruiting platform for blue-
collar workers
Apoorva Ranjan Sharma, Mrunal Jhaveri, Karan Garg
PiggyRide (2019, Bangalore, $1.1M, Seed)
Mobile-based platform providing extra curricular
learning courses for kids
AngelList, Mehta Ventures, Krishna Jha and 34 other
Investors
Unlu (2020, Gurgaon, $1.2M, Seed)
Online platform offering personalized video messages
from celebrities
TiE SoCal Angels, Avnish Goyal, Sunil Kamath and 36
other Investors
Wizely (2016, Bangalore, $1.3M, Seed)
Mobile application for automated savings
Javelin Venture Partnersand

24
Dogsee Chew (2015, Bangalore, $7.0M, Seed)
Platform offering dog treats and chews
Renu Balyan, Nikhil Kaithwal, Manish Jain and 5 other
Investors
Lal10 (2015, Bangalore, $55.9K, Seed)
Online B2B cross-border marketplace for handcrafted
products
AngelList, Chand Das, Intellecap and 24 other Investors
Zenpay Solutions (2018, Delhi, Undisclosed, Angel)
Expense management card for employees
The Startup Lab, Pavitra Walwekar, Anant Aggarwal
MemeChat (2019, Mumbai, $152K, Seed)
Platform for creation of memes
AngelList, Paula Mariwala, Adurty Venkata Prashant
Rao and 28 other Investors
Tvasta (2016, Chennai, Undisclosed, Seed)
Provider of 3D printing machinery, materials, etc. for
construction
Habitat for Humanity, Capnetic Consulting Group,
Hestia Partners and 1 other Investors
Vilcart (2018, Bangalore, $96.2K, Angel)
Provider of end to end tech-enabled assistance to rural
retailers
NABVENTURES Fund, Accel, Suresha S and 16 other
Investors
ClickPost (2020, Delhi, $45.7K, Seed)
Offers web-based shipping and courier integration
platform for businesses
AngelList, Aman Chopra, Anupam Mittal and 10 other
Investors
Vanity Wagon (2018, Gurgaon, $200K, Seed)
Online marketplace for natural beauty products
IPV, Venture Catalysts, Anita Hassanandani and 4 other
Investors
The Hosteller (2014, Sirohi, $167K, Seed)
Online backpackers' hostel aggregator
Sneha Mahajan, Sharan Pawan Aggarwal, Subhkam
Ventures and 10 other Investors
Botree Software (1997, Chennai, $1.6M, Seed)
Cloud based sales distribution and management
solutions provider
Scaler (2015, Bangalore, Unfunded)
Online platform providing learning programs for
students
Surgeand
ZenOnco (2019, Bangalore, $1.4M, Seed)
Provider of end-to-end medical care for cancer
patients
Apollo Hospitals, Arvind Kumar, Titan Capital and 2
other Investors

25
Preksh (2015, Bangalore, Undisclosed, Grant (prize
money))
Augmented reality solution for offline furniture
retailers
Nagaraj Azhakesan, Target Accelerator Program,
Hansraj and 6 other Investors
Language Curry (2015, Gurgaon, $503K, Seed)
Mobile-based platform providing language learning
solutions
Sandhan Mishra, Krishna Jha, Priyank Shanker Garg and
39 other Investors
GIVA Jewellery (2019, Bangalore, $4.0M, Series A)
Internet-first brand offering fast-fashion jewelry
Arjun Sinha, AngelList, Hari Om Gupta and 40 other
Investors
Kiko (2020, Indore, $1.0M, Seed)
Provider of live shopping mobile application for
customers
The Wedding Brigade (2014, Mumbai, $1.0M,
Seed)
Online platform to book wedding vendors
Varun Dubey, Ayalur Narayana Moorthy Seshadri, Paul
Meinshausen and 51 other Investors
Stamurai (2017, Gurgaon, $263K, Seed)
Provider of speech therapy app for disabled
Deepak Joyce, Kunal Bahl, Vidit Aatrey and 10 other
Investors
Captain Zack (2017, Mumbai, $334K, Series A)
Internet-first brand of pet grooming products
Naval Bir Kumar, Ketan Shah, APAR Industries and 21
other Investors
PetSutra (2015, Gurgaon, $176K, Seed)
Online retailer of pet supplies
Sandeep Bhargava, Kapil Singhal, Michael Patrick
Hickey and 15 other Investors
Iotomation (2016, Delhi, $231K, Seed)
Cloud and AI-enabled solutions provider for building
automation & energy efficiency
Himanshu Shukla, Priyank Shanker Garg, STPI and 8
other Investors
The Indus Valley (2016, Chennai, $1.2M, Seed)
Internet-first brand of home and kitchen products
Balakrishnan R, Kalpavriksha Venture Llp, Pratik Shah
One Direct (2013, Delhi, $725K, Seed)
Cloud based customer support and experience
management software for enterprises
RTP Ventures, Gwc Innovator Fund, Trifecta Capital and
14 other Investors
EffiaSoft (2012, Hyderabad, $53.5K, Angel)
Cloud based ERP products for SMBs
Lakshmanan Sankaran, Thodla Narayana Sekhar, M V S
Ananthakrishnan and 7 other Investors

26
Stoa School (2020, Bangalore, $167K, Seed)
Online platform providing MBA program
Nithin Kamath, AngelList, Didactic Ventures and 23
other Investors
Instahyre (2014, Delhi, $74.5K, Angel)
AI-based recruitment platform provider
Omkar H Nagabhushana, Janhavi Haresh Chawla,
Namburu Muruthi Priya Kanyaka Vara Kumar and 10
other Investors
Upgame (2020, Gurgaon, $162K, Seed)
Provider of a performance analytics platform for
golfers
Pawan Munjal, White Rose Sports Management, Tom
Boys and 6 other Investors
BleeTech (2015, Mumbai, $20.6K, Seed)
Smartwatch for the deaf
BRTSIF, Social Alpha, Plugin and 3 other Investors
Toplyne (2021, Bangalore, $2.5M, Seed)
Cloud based lead management solutions for PLG
companies
Harshil Mathur, Surge, Better Capital and 5 other
Investors
TEGO (2014, Mumbai, $150K, Angel)
Internet first brand offering performance sports
apparel and accessories for men and women
Seven Capital Ventures LLP,Natural Bridges
Ventures,Sailesh T Desaiand
Stratzy (2021, Mumbai, $800K, Seed)
App-based platform for trading in stock assets
Titan Capital, Farid Ahsan, First Cheque and 3 other
Investors
Kafqa (2021, Bangalore, $1.4M, Seed)
Center of education providing art classes
Umang Bedi, AngelList, KA Fund Advisors and 16 other
Investors
Hobspace (2019, Mumbai, $137K, Seed)
Provider of multiple after-school activities
AngelList, Harish Kumar Moolchandani, Ashok Kumar
Belani and 33 other Investors
BookMyPacket (2013, Gurgaon, Undisclosed, Seed)
Online booking platform for parcel and cargo delivery
services
Texport, Sarla Arya Infratech LLp, Isarnan Steel And
Minerals and 30 other Investors
Qualtech Edge (2003, Noida, Unfunded)
Software solutions for the lending industry
Sprinto (2020, Bangalore, $700K, Seed)
SOC 2 compliance platform for SaaS companies
Blume Venturesand

27
SuperMoney (2017, Mumbai, $1.0M, Seed)
Employer loans platform
Unitus Ventures, Apurva Shah, Suresh Prabhala and 10
other Investors
myPaisaa (2020, Bangalore, $86.2K, Seed)
App-based chit fund investment platform for investors
Satraajeet Mukherjee, Nagesh Chimmiri, Y V Rao and 5
other Investors
mewt (2021, Bangalore, $590K, Seed)
Digital bank for businesses
AngelList,Beenextand
PerkFinance (2017, Bangalore, $900K, Seed)
Mobile-app based unsecured personal loans platform
Eric Bunting, Ankit Aggarwal, Vipin Agarwal and 4 other
Investors
HeyHey (2020, Mumbai, $1.5M, Seed)
Online platform offering personalized videos from
celebrities
Electric Capital,Yoshimoto Kogyo,Vector Mediaand
SIPfund.com (2013, Bangalore, Unfunded)
Online platform for mutual fund investments
Trucknetic (2019, Delhi, $8.8K, Angel)
AI-driven cloud-based marketplace providing trucking
services
Rakesh Kumar,Deepakand
AcknoLedger (2021, Mumbai, $1.5M, Seed)
NFT-based trading and networking marketplace for the
gaming industry
Nord Finance, KardiaChain, MahaDAO and 19 other
Investors
Healthquad (2019, Gurgaon, Unfunded)
Mobile app for tracking nutritional intake
JVS Group (2002, Ahmedabad, $128K, Angel)
Offers EHR, EMR, HMS, HIS & PMS which are clinical
software solutions for all hospitals & clinics
Akshay Kumar Kochar, Mintu Rahulkumar Shah,
Bpifrance and 8 other Investors
Lysto (2021, Bangalore, $3.0M, Seed)
APIs, tools, and infrastructure for NFTs
Anupam Mittal, Kunal Shah, Binny Bansal and 11 other
Investors
Cookd (2019, Chennai, $600K, Seed)
Platform offering meal planning solution
Harman Ventures, Aurora Financial, Konglo Ventures

28
Retro Music (2021, Bangalore, Unfunded)
App-based music player platform
Board Infinity (2017, Mumbai, $488K, Seed)
Provider of online tutoring solutions for professionals
Amit Maloo, Maheshwer Peri, Vipin B Hatmode and 56
other Investors
Edu Brisk (2014, Kochi, $598K, Seed)
Online educational portal
Sajjad Aejaz Khan, Mungala Amrutha, Chandra Sekhar
Ambadipudi and 19 other Investors
QJobs (2020, Bangalore, Unfunded)
Online job board for multi-category jobs
Urban Platter (2015, Mumbai, Undisclosed, Series A)
Private label brand for grocery and gourmet food
InterMiles (2014, Mumbai, Unfunded)
Online loyalty, shopping & travel rewards app
RforRabbit (2014, Ahmedabad, $5.4M, Series A)
Internet first brand offering multi-category baby care
products
Xponentia Capitaland
Document Scanner (2021, Delhi, Unfunded)
Provider of a document scanner app
Philoid (2013, Delhi, Unfunded)
Web and mobile application for reading Indian
Constitution and NCERT books
MEDdelivery (2018, Jaipur, $43.2K, Angel)
Digital supply chain management tool for
pharmaceutical companies
Pooja Khanna, Nikhil Mathur, Vishal Jain and 39 other
Investors
Peepl (2021, Delhi, $957K, Angel)
Platform offering multi-category grocery supplies
Steve Rotheramand
beGalileo (2016, Bangalore, $2.6M, Seed)
AI-driven personalized adaptive learning platform for
math
Mumbai Angels,and

29
WallMantra (2013, Delhi, Undisclosed, Seed)
Online retailer of home decor products
Klub, Vishnu Malani, Dss Investments and 26 other
Investors
88academics (2021, Delhi, $2.7M, Seed)
Online platform providing tutor-led courses for
students
Prem Rajani, Nikita Narang, Aarin Capital and 20 other
Investors
Early Steps Academy (2020, Bangalore, $1.2M,
Seed)
Online platform offering tutoring solutions for students
Whiteboard Capital,Taurus Ventures,Beenextand
Align Books (2017, Delhi, Unfunded)
Cloud-based accounting management system
Suno Kitaab (2019, Delhi, Undisclosed, Seed)
Audio-based content mapped with school textbook
DERBI Foundation,Supreme Incubatorand
Prodigy Technovation (2009, Bangalore, $245K,
Seed)
Technology provider and testing solutions for test and
measure equipments.
Rajesh Hegde, Kempatti Gowda, Raghunandan Singh
Articbot (2017, Kannur, $20.3K, Angel)
Machine Learning-driven virtual assistant chatbots
Basheer Mohammed Naushad, Ranjith, Vijay
Narayanan Kutty and 3 other Investors
LMCE (2021, Delhi, $1.5M, Seed)
Provider of tech-enabled suite solutions to B2B rural
companies
Nikita Narang, Saurabh Choraria, Prime Securities and
12 other Investors
FreQuip (2015, Gurgaon, $29.9K, Seed)
Online rental site for home furnishings
Venture Investments Holdings,V@C,Ankush
Agarwaland
UrbanMatrix (2019, Bangalore, $497K, Seed)
Provider of hardware and software solutions for
controlling drones
Sidharth Ranjan, Narayan Iyer, Q Business W.L.L and 14
other Investors
Expenses Manager (2020, Unfunded)
App-based expense analytics & management solutions
for businesses
Antar Smart Homes (2018, Hyderabad, $141K,
Angel)
IoT-based smart switches and automation solution
provider
Ramesh Babu Kanakamedala, XLr8 Andhra Pradesh,
Eswarapu Taraka Venkata Ravi and 2 other Investors

30
PokerLauncher (2016, Delhi, Undisclosed, Seed)
Online platform offering poker cashback and deals
Chupps (2019, Mumbai, $400K, Seed)
Internet-first brand of flip-flops for men and women
Kaushal Vora, Vishal S Shah, Paresh Madani and 41
other Investors
Letter (2010, Bangalore, $638K, Seed)
Digital bank for consumers
Gaingels Syndicate, Rogue Capital, Earl Grey Capital
Settl. (2020, Bangalore, $500K, Seed)
Provider of managed co-living spaces
Aman Mehta, Aravind Kumar R, DSS Investment and 19
other Investors
Win Studio (2021, Chennai, Unfunded)
App-based platform for weather forecasting
Autozilla (2015, Hyderabad, $1.8M, Seed)
Online B2C marketplace to buy & sell auto parts
Boschand
Cradle (2019, Bangalore, $273K, Seed)
Online payment solutions for businesses
Instacollect Inc,Y Combinatorand
OmniCard (2020, Noida, Unfunded)
App-based prepaid cards for payments
Fluid Touch (2009, Hyderabad, Unfunded)
Provider of note-taking and journaling apps
KhetiPoint (2020, Ahmedabad, Unfunded)
Hyperlocal marketplace offering multi-category
agricultural inputs
Buyofuel (2019, Coimbatore, $215K, Seed)
Web-based platform for biofuel marketplace
IPV,AIC RAISE,StartupTNand
Complinity (2016, Gurgaon, $67.9K, Angel)
Comprehensive cloud based compliance management
system
Kanu Garg, Aparupa Prakash, eMinds Legal and 46
other Investors

31
TRDR (2020, Bangalore, $150K, Seed)
Automated trading and investment platform for retail
investors
Snehal Fulzele,Kunal Shahand
Ezyschooling (2016, Delhi, Undisclosed, Seed)
Online platform for discovering and applying for
schools
Mumbai Angels, Diligent Global, Mohit Agrawal and 3
other Investors
The Legal Capsule (2019, Salcete, Unfunded)
Cloud-based contract life cycle management platform
Atal Incubation Centre,Centre for Incubation &
Business Accelerationand
IronCAD (2021, Unfunded)
Provider of 3D CAD modelling software
Bummer (2019, Ahmedabad, $177K, Seed)
Internet first brand offering inner-wear for men and
women
Marwah Steels, Karnavat Commercial, Shyamsunder
Malav Lavsi and 3 other Investors
Indulgeo Essentials (2016, Bahadurgarh, Unfunded)
Internet first brand offering organic beauty care
products
Elpis Technology Solutions (2009, Delhi, $104K,
Seed)
Provider of e-learning materials to CBSE students
JumpingMinds (2020, Delhi, Unfunded)
Provider of a social networking platform for mental
health management
Jidoka (2018, Chennai, $437K, Seed)
Provider of computer vision-based inspection systems
for manufacturing
P A Balakrishnan,B K Venkateshand
Ditto (2020, Bangalore, Unfunded)
Online comparison platform for life and health
insurance
CiPay.ai (2021, Bangalore, Unfunded)
Platform offering points based reward payment
solution
1Hour Grocery (2020, Chennai, Undisclosed, Seed)
Online platform offering multi-category grocery
supplies

32
Eindiawholesale (2005, Jaipur, Unfunded)
E-distributor of fast-fashion jewelry
CogniABle (2018, Gurgaon, $45.1K, Angel)
Provider of clinical decision platform for neuro-
development disorders
AssisTech Foundation,Josh Pritchard,Startup Nexusand
Warehouse Now (2019, Bangalore, Undisclosed,
Seed)
Offers a platform providing on-demand warehousing
services
Season Two Venturesand
QuickSwap (2020, Noida, Unfunded)
Online decentralized exchange platform for
cryptocurrency
BigBuc (2021, Bangalore, Unfunded)
App-based platform offering cashback
SOPTLE (2021, Gurgaon, Unfunded)
Provider of suite solution for retail businesses
StoriLabs (2015, Bangalore, Unfunded)
Mobile first e-commerce enabler for retailers
WorQ (2020, Unfunded)
Workforce management platform provider
LetsUpgrade (2020, Mumbai, Unfunded)
Mobile-based platform providing IT-related learning
solutions
Hifinox (2019, Mysore, Unfunded)
Provider of low code platform for building chatbots
Image InfoSystems (2011, Delhi, Unfunded)
Software for deposit management
Socialveins (2021, Jaipur, Unfunded)
AI based self serve influencer marketing platform

33
Stree (2019, Delhi, Unfunded)
Platform offering chat-based expert advice application
for pregnancy
Biosustain Labs (2020, Madikeri, Unfunded)
Provider of personalized functional food supplements
Mitra Fintech (2021, Mumbai, Unfunded)
Online platform for consumer and business loans
Dojo (2020, Delhi, Unfunded)
App-based platform offering online learning solutions
for students
LOCOFF (2020, Mumbai, Unfunded)
Platform offering SaaS-based solution to create online
stores
Venture Garageand
Inventors of Zero (2020, Coimbatore, Unfunded)
Provider of AI-based anti-theft and facial recognition
solutions
PSG-STEPand
Snugkins (2021, Mumbai, Unfunded)
Internet first brand offering reusable cloth diapers
SOS Party (2017, Chandigarh, Unfunded)
Cloud-based employee engagement and virtual team
building platform for enterprises
PackNBack (2017, Coimbatore, Unfunded)
Provider of crates, pallets, containers, etc. for
packaging industry
Mall91 (2019, Noida, Unfunded)
Online marketplace offering multi-category products
ICSNEXT (2014, Gurgaon, Unfunded)
Platform offering restaurant POS and management
software
Toqri (2019, Bangalore, Unfunded)
Platform offering multi-category liquefied assets

34
Physics Wallah (2020, Lucknow, Unfunded)
Online platform offering physics tutoring solutions for
students
Effort (2020, Hyderabad, Unfunded)
Cloud-based platform for workflow automation
BuyLowcal (2017, Chandigarh, Unfunded)
Online marketplace offering multi-category products
from local stores
Bank Buzz (2003, Bangalore, Unfunded)
Online marketplace for consumer and business loans
D2B Cargo (2020, Nagercoil, Unfunded)
Offers a marketplace connecting truckers & freight
forwarders
Nakoda Urban Services (2019, Gurgaon,
Unfunded)
Online platform to book repair and maintenance
services
Tech SPR (2018, Noida, Unfunded)
Provider of code marketplaces
AI Text to Speech (2020, Bangalore, Unfunded)
Provider of a cloud-based AI text-to-speech conversion
software
Me-Hin (2013, Mumbai, Unfunded)
Banking software suite

IPO Date Company IPO Mcap Exchange Ticker
15 Nov 2021
PB Fintech (2020, Gurgaon, )
Online insurance comparison and lending platform for individuals
and businesses
$5.9B BSE:543390
15 Nov 2021
Sigachi (1989, Hyderabad, )
Manufacturer of microcrystalline cellulose
$0.1B BSE:543389
10 Nov 2021
Nykaa (2012, Mumbai, $134M)
Online retail platform offering multi-category beauty products for
men, women, and kids
$7.1B BSE:543384
18 Nov 2021
App-based wallet for consumer payments
$18.8B NSE:PAYTM
IPOs
List of IPOs in India Tech in November 2021
India Tech: IPOs
35

Acquisitions (1/3)
List of Acquisitions in India Tech in November 2021
India Tech: Acquisitions
36
Acq. Date Company Acquirer Deal Size
01 Nov 2021
Avantis(2013, Pune)
Cloud-based statutory compliance solution
TeamLease
01 Nov 2021
Wealth Magic(2010, Mumbai)
Business management platform for financial advisors
Fintso
01 Nov 2021
Edvancer(2012, Mumbai)
Web based platform for analytics courses & corporate/college
training modules
Global University Systems
02 Nov 2021
FRANKLIN EV(2019, Hyderabad)
Manufacturer of electric scooters
RAW Charging
02 Nov 2021
Swiflearn(2019, Gurgaon, $4.7M)
Online platform providing live tutoring solution for K-12 students
Unacademy
02 Nov 2021
Traviate(2016, Noida)
Property management platform for hotel business
easymytrip.com
02 Nov 2021
Nirvana Digital(2011, Mumbai)
Digital distribution enabler for content producers
Create Music Group
03 Nov 2021
Yellow Chimes(2014, Bangalore)
Internet first brand offering artificial jewelry for men & women
Global Bees
03 Nov 2021
Absorbia(2009, Kolkata, $0.0M)
Private label brand of moisture absorbing products for personal
uses
Global Bees
09 Nov 2021
Edisn AI(2018, Bangalore, $0.2M)
Fan engagement software solutions provider for sports
broadcasters
FuboTV

Acquisitions (2/3)
37
10 Nov 2021
PatchUS(2017, Noida, $0.2M)
Cloud-based VoIP software provider
CleverTap
11 Nov 2021
Cogno AI(2020, Mumbai)
Cloud-based lead nurturing conversational bot solutions provider
Exotel
15 Nov 2021
NuPhi(2017, Mumbai)
Online export finance platform for small & medium businesses
Credlix
16 Nov 2021
Immrse(2017, Mumbai)
Career guidance solutions provider
Mindler
16 Nov 2021
Frangipani(2012, Mumbai)
Internet first brand offering casual wear for kids
G.O.A.T Brand Labs
16 Nov 2021
IOPhysics Systems(2018, Pune)
Cloud data analytics platform
Turtlemint
17 Nov 2021
7Sea Esports(2020, Hyderabad)
E-sports player organization
Ampverse
18 Nov 2021
FIT 3PL Warehousing(1997, Bangalore)
Offers web-based 3PL services
TVS Supply Chain Solutions
18 Nov 2021
MayaData(2011, San Jose, $30.0M)
Container automation and monitoring platform provider
DataCore
19 Nov 2021
SastaSundar(2013, Kolkata, $48.2M)
Provider of an online marketplace for health care products
Flipkart

Acquisitions (3/3)
38
23 Nov 2021
Jigsaw Academy(2011, Bangalore, $3.0M)
Provider of online academy for learning data analytics
UNext Learning
24 Nov 2021
uTrade(2011, Chandigarh, $0.9M)
Open-source multi-asset trading platform and blockchain based
settlement/clearing
Share India $1.8M
25 Nov 2021
mChemist(2014, Delhi, $0.2M)
Online pharmacy
Akos
30 Nov 2021
Telr(2013, Mumbai, $3.1M)
Payment gateway API and online shopping store
Cashfree

Recent News (1/2)
Recent News in India Tech in November 2021
India Tech:News
39
Exit News
.
● Those who got Paytm’s IPO shares have already lost over ₹2,600 on each lot
that cost them ₹12,900 Indiatimes
.
● IPO-Bound Delhivery’s Former & Current Employees Convert ESOPs Worth INR
230 Cr To Shares Inc42
.
● Sigachi Industries IPO: Latest GMP, how to check allotment status online
Livemint
.
● Flipkart founders-backed analytics firm Tracxn gets Sebi’s nod for IPO VCCircle
.
● Epharmacy Giant PharmEasy Files DRHP For INR 6,250 Cr IPO Inc42
.
● Paytm’s share price falls 36% from its IPO price, reaching an all-time low of Rs
1283 TechStory
.
● PE-backed Paytm raises $2.5b in India's largest-ever IPO Asian Venture Capital Journal
.
● Paytm's IPO flop may embitter millions of retail investors in India The Straits Times
.
Fund News
● Myntra appoints Nandita Sinha as CEO YourStory Media
.
● SoftBank-backed Ola boosts leadership team, hires top brass across segments
Business Standard
.
● CleverTap names former freshworks CRO Sidharth Malik as Global Adgully
.
● Balachandar N is now Group Chief People Officer for Ola People Matters
.
● After CFO and COO, Ola General Counsel Sandeep Chowdhury steps down
Business Today
.
● Trade Finance Platform Drip Capital Appoints Rahul Nath as New Product Head
to Support Product Growth Crowdfund Insider
.
Company News
.
● Flipkart forays into health sector with Flipkart Health+ BioSpectrum India
.
● US FDA grants breakthrough designation for early-stage breast cancer
detection blood test developed in India b... Asian News International
.
● Fashion retailer Myntra enters social commerce, a $70 bn market by 2030
Business Standard

Recent News (2/2)
Recent News in India Tech in November 2021
India Tech:News
40
● Novavax and Serum Institute of India Receive Emergency Use Authorization
for COVID-19 Vaccine in the Philippines PR Newswire
.
● US-based eCommerce fulfillment network – XPDEL Launched India Operations
SMEStreet.in
.
● Tech Mobility Startup Automovill Forays in Pune IndianWeb2
.
● Omnichannel meat brand Nandu's enters Hyderabad Nuffoods Spectrum
.
Regulatory News
.
● Zostel writes to SEBI, seeks suspension of $1.2 OYO IPO Business Today
.
● RBI fines SBI Rs 1 crore for holding excess shares in borrower companies
Business Standard
.
● CCPA issues notice to Amazon, Flipkart, 3 others for selling sub-standard
pressure cookers Business Today
.
● Zostel writes to SEBI, alleges Oyo’s response as ‘misleading’ VCCircle
.
● OYO refutes Zostel's allegations against IPO Livemint

Deadpooled Companies
Index of companies in India Tech which became deadpooled in 11 2021
India Tech: Deadpooled Companies
41
Funding Company Location
FoodVlee Kolkata
View 1 Deadpooled company on Tracxn Platform

Explore more on Tracxn
Explore more about India Tech on Tracxn Platform
India Tech: Explore more on Tracxn Platform
42
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Tracxn - Geo Monthly Report - India Tech - Nov 2021

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