Tracxn-Geo-India Tech-July 2021

TRACXN MONTHLY REPORT
JULY 2021
INDIA TECH

India Tech - July 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Contents
2
India Tech Snapshot 3
Investment Snapshot 4
List of Funding Rounds 5
New Investors 19
Top Funded Business Models - last 1
year
21
New Analyst Picks 22
IPOs 42
Acquisitions 43
Recent News 46

India Tech Snapshot – July 2021
India Tech: Snapshot – July 2021
Note : "Investors" refers to "Institutional Investors" only
3
$7.6B
53 1
Overall Geo Stats
20
22
242
227
125
Funding Rounds $ Invested Analyst Picks
OfBusiness
Upgraded to
UNICORN
New Investors
BASF
IFC Asset
Management
Company
Series A+
rounds
Active Investors IPOs
Zomato
Acquisitions
PlaySimple#@
DoSelect#@
Top Funding Rounds Top Markets Top Investors Top Cities
Monthly Leader Board
Bangalore
(50 Rounds, $5.7B)
Delhi NCR
(34 Rounds, $1.5B)
Gurgaon
(18 Rounds, $324M)
Mumbai
(16 Rounds, $314M)
$3.6B - Series J
Flipkart (2007, Bangalore, $10.8B)
$600M - Series E
Pine Labs (1998, Noida, $1.3B)
$500M - Series J
Ola (2010, Bangalore, $3.8B)
$450M - Series J
Swiggy (2014, Bangalore, $2.9B)
LetsVenture
(7 Investments)
Tiger Global
Management
(6 Investments)
Venture Catalysts
(6 Investments)
Titan Capital
(6 Investments)
Horizontal E-Commerce
Flipkart
Payments
Pine Labs
Food Tech
Swiggy
Road Transport Tech
Ola
Market Size
Companies Covered 82,485
Funded Companies 8,595
Total Funding $99.2B
Funding in last 12 months $27.3B
Top Exits
IPOs 155
Acquisitions 1,022
Company Stage
Unicorns 45
Soonicorns 186
Minicorns 800
Editor Picks 5,099
Series A+ 1,476
Series C+ 338
Acqui-Hires 116
Deadpooled 15,372
Top Cities
Bangalore (4,700 Rounds, $46.1B)
Delhi NCR (3,640 Rounds, $31.6B)
Top Investors
Sequoia Capital (184
Investments)
LetsVenture (170 Investments)

Investment Snapshot
Investment Snapshot of India Tech as of July 2021
India Tech: Investment Snapshot
4
# Rounds
$ Funding
Investment Trend Top Investments (July 2021)*
Flipkart
(2007, Bangalore, $10.8B)
$3.6B - Series J CPP Investments
Pine Labs
(1998, Noida, $1.3B)
$600M - Series E Kotak Mahindra Bank
Ola
$500M - Series J Temasek
Swiggy
$450M - Series J SoftBank Vision Fund
BharatPe
(2018, Bangalore, $617M)
$370M - Series E Tiger Global Management
Gupshup
(2004, Mumbai, $390M)
$240M - Series F Tiger Global Management
Lenskart
(2010, Delhi, $793M)
$220M - Series G Chiratae Ventures
Digit Insurance
(2016, Bangalore, $442M)
$200M - Series C Faering Capital
OfBusiness
(2015, Gurgaon, $360M)
$160M - Series E SoftBank Vision Fund
ShareChat
$145M - Series F Temasek
Spinny
(2015, Delhi, $236M)
$108M - Series D Tiger Global Management
*Shows only the lead Investors

List of Funding Rounds (1/14)
List of Funding Rounds in India Tech in July 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
$94.1K - Series D
BlueStone (2011, Bangalore, $74.2M)
Internet first brand offering jewelry and accessories
Innoven Capital
LATE STAGE
$16.5M - Series D
MedGenome (2013, Bangalore, $169.4M)
Provider of research and clinical genomics
solutions
International Finance Corporation
LATE STAGE
$20.0M - Series D
Furlenco (2012, Bangalore, $78.6M)
Online rental platform offering furniture and home
appliance on subscription
Zinnia Funds, Lightbox, CE Ventures
LATE STAGE
$25.0M - Series D
Square Yards (2013, Gurgaon, $80.3M)
Provider of an online real estate advisory and
brokerage firm
ADM Capital
LATE STAGE
$41.3M - Series D
ShipRocket (2012, Delhi, $96.9M)
Provider of AI-based automated shipping
management tools for e-commerce
PayPal, , Temasek, Bertelsmann India
Investments, March Capital, and 12 more
LATE STAGE
$47.8M - Series C
MyGlamm (2015, Mumbai, $109.4M)
Internet first brand offering makeup products
Accel, Trifecta Capital, L'Occitane, Bessemer
Venture Partners, Stride Ventures, and 2 more
LATE STAGE
$48.0M - Series D
Pratilipi (2014, Bangalore, $78.9M)
Provider of a vernacular platform for reading and
sharing of stories
Krafton, Omidyar Network India, Gaurav Munjal,
Vidit Aatrey, Hemesh Singh, and 4 more
LATE STAGE
$50.0M - Series C
Mamaearth (2016, Gurgaon, $73.6M)
Internet first brand offering organic beauty care
products
Sofina, Stellaris Venture Partners, Sharrp
Ventures, Sequoia, Titan Capital, and 1 more
LATE STAGE
$60.0M - Series D
InShorts (2013, Delhi, $124.4M)
Provider of a news aggregator app
Vy Capital, Tanglin Venture Partners, Tiger Global
Management, Addition Capital

6
LATE STAGE
$67.0M - Series E
BlackBuck (2015, Bangalore, $358.0M)
Web & AI-based marketplace for booking freight
transportation
Tribe Capital, VEF, IFC Asset Management
Company, Wellington Management, International
Finance Corporation, and 2 more
LATE STAGE
$75.0M - Series C
HealthifyMe (2012, Singapore, $100.3M)
Mobile-based application for tracking diet and meal
planning
LeapFrog, Khosla Ventures, Sistema Asia Capital,
HealthQuad, Chiratae Ventures, and 3 more
LATE STAGE
$100.0M - Series H
Delhivery (2011, Delhi, $1.2B)
Provider of end-to-end delivery services for
e-commerce companies
FedEx
LATE STAGE
$108.0M - Series D
Spinny (2015, Delhi, $236.3M)
Online outright buyer of used cars
Tiger Global Management, Avenir Growth Capital,
Simile Venture Partners, FJ Labs, General Catalyst
Partners, and 2 more
LATE STAGE
$145.0M - Series F
ShareChat (2015, Bangalore, $1.1B)
Provider of a vernacular-based social networking
platform
Temasek
LATE STAGE
$160.0M - Series E
OfBusiness (2015, Gurgaon, $360.2M)
Provider of a financing and fulfillment network for
SMEs
SoftBank Vision Fund, Falcon Edge Capital, Matrix
Partners India
LATE STAGE
$200.0M - Series C
Digit Insurance (2016, Bangalore, $442.0M)
App-based insurance platform for individuals
India Infoline Asset Management, Faering Capital,
Sequoia
LATE STAGE
$220.0M - Series G
Lenskart (2010, Delhi, $793.3M)
Internet first brand of eyewear
Falcon Edge Capital, Temasek, Bay Capital,
Chiratae Ventures
LATE STAGE
$240.0M - Series F
Gupshup (2004, Mumbai, $390.0M)
Provider of a cloud-based chatbot development
platform
Fidelity Investments, Tiger Global Management,
Neuberger Berman, Think Investments, Malabar
Investments, and 1 more

7
LATE STAGE
$370.0M - Series E
BharatPe (2018, Bangalore, $617.3M)
QR code-based payment solutions for consumers
and businesses
Tiger Global Management, Dragoneer Investment
Group, Steadfast Financial
LATE STAGE
$450.0M - Series J
Swiggy (2014, Bangalore, $2.9B)
Online platform for food ordering and delivery
SoftBank Vision Fund
LATE STAGE
$500.0M - Series J
Ola (2010, Bangalore, $3.8B)
App-based platform offering ride-hailing services
Temasek, Warburg Pincus, Bhavish Aggarwal
LATE STAGE
$600.0M - Series E
Pine Labs (1998, Noida, $1.3B)
POS terminals for businesses and merchants
Fidelity Investments, BlackRock, Tree Line
Investment Management, Kotak Mahindra Bank,
IIFL Asset Management
LATE STAGE
$3.6B - Series J
Flipkart (2007, Bangalore, $10.8B)
Online marketplace offering multi-category
products
CPP Investments, SoftBank Vision Fund, Walmart,
Khazanah Nasional Berhad, Antara Capital, and 6
more
LATE STAGE
Series G
Droom (2014, Gurgaon, $141.6M)
AI-driven marketplace for multi-category used
vehicles
57 Stars, SeventTrain Ventures
EARLY STAGE
$2.5M - Series A
NirogStreet (2016, Delhi, $4.8M)
Provider of an online appointment booking and
telemedicine platform of alternative medicine
Gokul Rajaram, Raj Mishra, Ashutosh Sinha, Anuj
Srivastava
EARLY STAGE
$2.5M - Series A
twid (2019, Bangalore, $5.1M)
Reward-based payment solutions
Beenext, Surge, YourNest, Kunal Shah, Rajul Garg
EARLY STAGE
$3.0M - Series A
SP Robotic Works (2012, Chennai, $4.0M)
Provider of an online platform offering DIY kit for
learning robotics
Mount Judi Ventures, Indian Angel Network, Ajai
Chowdhry, Raman Roy

8
EARLY STAGE
$3.2M - Series A
Rocketium (2015, Bangalore, $4.5M)
Online video creation platform
Emergent Ventures, Blume Ventures, LetsVenture,
1Crowd
EARLY STAGE
$4.2M - Series A
Mynvax (2017, Bangalore, $4.2M)
Developer of novel recombinant vaccines to fight
the human influenza virus and COVID19
Accel, Kotak Mahindra Bank, LetsVenture, 1Crowd
EARLY STAGE
$5.0M - Series A
OneCode (2018, Noida, $5.6M)
Provider of referral-based marketing solutions
Sequoia Capital, Nexus Venture Partners, Cloud
Capital, WaterBridge Ventures, Aakrit Vaish, and
16 more
EARLY STAGE
$5.2M - Series A
Powerplay (2020, Bangalore, $10.9M)
Provider of project management software for
construction professionals
Surge, Accel, India Quotient
EARLY STAGE
$5.9M - Series A
Dozee (2015, Bangalore, $13.3M)
AI-based patient monitoring system for healthcare
providers
Prime Venture Partners, YourNest, 3one4 Capital
EARLY STAGE
$9.0M - Series B
Sea6 Energy (2010, Bangalore, $17.9M)
Grows and converts seaplants into bio-fuels and
soil nutrients
Aqua Spark, Silverstrand
EARLY STAGE
$10.2M - Series A
Crofarm (2016, Gurgaon, $16.1M)
Provider of digital supply chain of fruits and
vegetables from farm to business
SIG, Pravega Ventures, Omidyar Network India,
Factor[e] Ventures, IPV, and 1 more
EARLY STAGE
$11.0M - Series A
Fraazo (2016, Mumbai, $11.0M)
Online retailer of fresh fruits and vegetable delivery
services
Sixth Sense Ventures, APAR Industries,
NABVENTURES Fund, Equanimity Investments,
Manish Choksi

9
EARLY STAGE
$11.1M - Series A
Freewill (2018, Jaipur, $13.1M)
Internet first brand offering personalized shampoo
and conditioners
SCI Ventures, Surge, Unilever Ventures
EARLY STAGE
$12.0M - Series A
Captain Fresh (2019, Hyderabad, $18.1M)
Online B2B platform offering seafood products
Accel, Incubate Fund India, Matrix Partners India,
Ankur Capital, Jitendra Gupta, and 7 more
EARLY STAGE
$13.0M - Series A
Vegrow (2020, Hyderabad, $15.5M)
Provider of tech-enabled farming services to
farmers
Lightspeed Venture Partners, Elevation Capital,
Better Capital, Ankur Capital, Titan Capital, and 1
more
EARLY STAGE
$13.8M - Series B
Animall (2019, Bangalore, $23.5M)
Online P2P livestock listing and trading platform
Nexus Venture Partners, SAI Global, Omnivore
Partners, Rocketship, WEH Ventures, and 8 more
EARLY STAGE
$14.8M - Series A
Minimalist (2020, Jaipur, $14.8M)
Internet first brand offering skincare products
Sequoia Capital, Unilever Ventures
EARLY STAGE
$15.0M - Series B
SS Supply Chain-3SC (2012, Gurgaon,
$15.8M)
Supply chain advisory services and execution
software
GEF Capital Partners
EARLY STAGE
$15.0M - Series B
Talview (2017, Bangalore, $22.1M)
AI-based video interviewing and assessment
pplatform
Eileses Capital, Emergent Ventures, Storm
Ventures, Inventus Capital Partners
EARLY STAGE
$18.0M - Series A
Switch Mobility (2019, Bangalore, $18.0M)
Developer of electric mid-drives for bicycles
Dana
EARLY STAGE
$20.0M - Series A
Teachmint (2020, Bangalore, $40.4M)
Provider of tutor management software platform
Learn Capital, CM Ventures

10
EARLY STAGE
$20.0M - Series A
Spectro Cloud (2019, Bangalore, $27.5M)
Hybrid cloud solutions provider
Stripes, Boldstart Ventures, Sierra Ventures,
Firebolt Ventures, WestWave Capital, and 1 more
EARLY STAGE
$23.5M - Series A
Credgenics (2018, Delhi, $27.1M)
AI & cloud-based debt recovery solutions
WestBridge, DMI Finance, Tanglin Venture
Partners, Calabasas Capital, AngelList, and 7
more
EARLY STAGE
$25.0M - Series A
Vauld (2018, Bangalore, $27.5M)
Financial services for cryptocurrencies
Valar Ventures, Cadenza, gumi Cryptos, CMT
Digital, Pantera Capital, and 2 more
EARLY STAGE
$25.0M - Series A
Credenc (2017, Gurgaon, $27.8M)
Online marketplace for education loans
Capital India
EARLY STAGE
$29.5M - Series B
Hero Electric (2007, Gurgaon, $71.7M)
Developer of electric scooters
Gulf Islamic Investments,
EARLY STAGE
$36.0M - Series A
G.O.A.T Brand Labs (2021, , $56.0M)
Provider of brand insights and management
solution
Tiger Global Management, Better Capital,
Nordstar, Flipkart, Mayfield, and 6 more
EARLY STAGE
Series B
Ixigo (2006, Gurgaon, $43.5M)
Provider of an AI-based metasearch platform for
travel services
GIC, Bay Capital, Trifecta Capital, White Oak, ,
and 2 more
EARLY STAGE
Series B
Hippocampus (2010, Bangalore, $6.2M)
Operator of K-12 schools
XSEED
EARLY STAGE
Series A
epiFi (2019, Bangalore, $13.2M)
Internet first bank
Sequoia, Ribbit Capital

11
SEED STAGE
$33.6K - Angel
Leverage (2017, Delhi, $10.0M)
Enrollment management platform for colleges
Rohit Kapoor
SEED STAGE
$81.1K - Seed
Indi Energy (2019, Roorkee, $94.6K)
Developer of supercapacitors and rechargeable
batteries
Mumbai Angels, Finkurve Financial Services,
AddVentures, Amer Inayat Jaleel, Amit Ashok
Khurana, and 10 more
SEED STAGE
$118.0K - Seed
5nance (2010, Mumbai, $13.3M)
Financial planning and management tool
Chezhiyan Venkatachalam, Hemantkumar
Narendra Prasad, Jigna Nirav Shah, Vijay Jagdish
Pathak
SEED STAGE
$121.0K - Angel
Godamwale (2016, Bhiwandi, $121.0K)
Marketplace for godowns and cold storage spaces
Anand Aryamane
SEED STAGE
$126.2K - Seed
Wizikey (2019, Gurgaon, $486.1K)
Provides a suite of tools for public relations
Indian Angel Network, Sara Group, Clarion
Technologies, Ambarish Raghuvanshi, Vandana
Meattle, and 18 more
SEED STAGE
$134.5K - Seed
enParadigm (2010, Mumbai, $2.3M)
Platform offering corporate training solutions
Cornerstone Venture Partners Fund
SEED STAGE
$150.0K - Seed
Sapio (2018, Mumbai, $300.0K)
AI-based decision making software solutions for
the government
Parthiv Group
SEED STAGE
$200.7K - Seed
Braingroom (2016, Chennai, $200.7K)
Micro-class discovery and booking platform.
Social Alpha, Startup Oasis, Indian Angel Network
SEED STAGE
$250.0K - Seed
Proxgy (2020, Gurgaon, $250.0K)
Provider of a VR-based visual travel and
commerce platform
Lexical, Michael Dias, Suramya Choudhary, Inderjit
Singh Makkar

12
SEED STAGE
$300.0K - Seed
BHyve (2019, Mumbai, $334.0K)
Provider of a gamified peer-to-peer learning
platform
JITO Incubation & Innovation Foundation,
LetsVenture
SEED STAGE
$300.0K - Seed
Redesyn (2016, Mumbai, $674.9K)
Online platform offering customized apparel for
men and women
Anthill, Silicon Road, Faad Network, LetsVenture,
Paipal Ventures
SEED STAGE
$300.0K - Seed
SpEd@home (2020, Mumbai, $300.0K)
Online platform proving learning solutions for
students with learning disabilities
SEED STAGE
$300.0K - Seed
OurBetterPlanet (2020, Bangalore, $300.0K)
Online marketplace offering handcrafted and
eco-friendly multi-category products
CKBirlaGroup
SEED STAGE
$315.1K - Seed
CoRover (2016, Bangalore, $451.6K)
Provider of a conversational AI platform to
automate business operations and generate leads
Empower, Canbank Venture Capital Fund
SEED STAGE
$330.0K - Seed
Uvi Health (2020, Bangalore, $330.0K)
Provider of online consultation and information
platform for PCOS
Titan Capital, AngelList, 9Unicorns, Ghazal Alagh,
Mihir Gadani
SEED STAGE
$375.0K - Seed
Arcana (2019, Bangalore, $375.0K)
Storage and privacy stack solutions for Ethereum
dApps
Balaji Srinivasan, Sandeep Nailwal, Jaynti Kanani,
Kendrick Nguyen
SEED STAGE
$408.9K - Seed
danamojo (2015, Bangalore, $408.9K)
Payment solution and gateway for NGOs
Social Alpha, Rohini Nilekani, Pravin Gandhi,
Vasanthi Anand
SEED STAGE
$418.8K - Seed
TechEagle (2015, Gurgaon, $418.8K)
Design and development of custom drones for
delivery purposes
Anil Fernandes, Pritsikha Anil, Ashish Varghese
Mathew, Hiya Seth, Harvinderjit Singh Bhatia, and
50 more

13
SEED STAGE
$500.0K - Seed
Slang Labs (2017, Bangalore, $1.9M)
Provider of a voice-to-action mobile SDK for
application developers
Google, 100x Entrepreneur, Endiya Partners, Velu
Murugan, Thomas George
SEED STAGE
$500.0K - Seed
Automovill (2015, Bangalore, $1.2M)
Online B2C aggregator of auto repair &
maintenance services
Mumbai Angels, NEDFi Venture Capital
SEED STAGE
$535.4K - Seed
BECO (2018, Mumbai, $535.4K)
Internet first brand offering eco-friendly home,
kitchen, and personal care products
Climate Angels, Rukam Capital, Better Capital,
Titan Capital, Richa Kar
SEED STAGE
$536.3K - Seed
EasyAspataal (2020, Mumbai, $536.3K)
Provider of an online doctor and hospital
appointment booking platform
Venture Catalysts, K Ganesh, Srinivasan Anamulo,
Sumit Chazed, Sheela Anand, and 1 more
SEED STAGE
$548.6K - Seed
Risebird (2018, Bangalore, $548.6K)
Cloud-based hiring and programming assessment
software for enterprises
SAB Holding
SEED STAGE
$737.5K - Seed
Aqgromalin (2020, Hyderabad, $1.2M)
Provider of consulting, training and cultivation
services to farming sector
Zephyr Peacock India, Indigram Labs
SEED STAGE
$873.0K - Seed
Insane AI (2018, Bangalore, $873.0K)
Provider of AI-based digital wellness platform
Pi Ventures, LetsVenture, Anupam Mittal, Sameer
Pitalwalla, Karan Tanna, and 2 more
SEED STAGE
$1.0M - Seed
Edvizo (2018, Bangalore, $1.2M)
App-based comparison and tutor discovery
platform for test preparation centers
IPV
SEED STAGE
$1.0M - Seed
Fixcraft (2018, Gurgaon, $1.5M)
Online platform to avail on-demand automotive
repairing services
Amit Lakhotia, Dhruv Dhanraj Bahl, Shashvat
Nakrani, Rohit Kapoor, Maninder Gulati, and 6
more

14
SEED STAGE
$1.1M - Seed
Knorish (2013, Gurgaon, $1.8M)
Online course creation platform
IPV, Rockstud Capital, Pentathlon Ventures
SEED STAGE
$1.2M - Seed
fifthtry (2019, Bangalore, $1.2M)
Cloud-based automated project documentation
solutions provider
SEED STAGE
$1.2M - Seed
MEDPAY (2020, Bangalore, $1.8M)
Provider of an AI-based platform that connects
healthcare providers with insurance agencies
GrowX Venture Management, Entrepreneur First
SEED STAGE
$1.3M - Seed
Leegality (2016, Panchkula, $1.6M)
Cloud based enterprise legal document
management software provider
India Infoline, Dominor, Anjana Software Solutions,
Mumbai Angels, DPG Energy, and 19 more
SEED STAGE
$1.3M - Seed
BIKRY (2019, Noida, $1.3M)
App-based storefront solutions for social
commerce business
Y Combinator
SEED STAGE
$1.3M - Seed
AdmitKard (2016, Noida, $2.5M)
End-to-end admission services and advisory
services for higher education courses and colleges
Vamsi Krishna, Pulkit Jain, Mayank Kumar, Gaurav
Munjal, Roman Saini, and 5 more
SEED STAGE
$1.3M - Seed
Kredent Group (2009, Kolkata, $2.1M)
Diversified conglomerate operating across multiple
industries
Kotak Securities
SEED STAGE
$1.4M - Seed
MyMobiforce (2018, Noida, $1.7M)
Freelancers hiring platform
Bharat Fund, Acsys Investments, Manu Iyer,
Ashutosh Agrawal
SEED STAGE
$1.6M - Seed
Zouk (2015, Mumbai, $1.7M)
Private label brand of bags
Stellaris Venture Partners, Titan Capital, Manish
Bhushan, Karan Chowdhary, Arvind U S, and 2
more

15
SEED STAGE
$1.6M - Seed
Gumlet (2018, Bangalore, $1.6M)
Image optimization tool for businesses
Surge, Aakrit Vaish, Miten Sampat, Swapan
Rajdev, Yash Kothari
SEED STAGE
$1.8M - Seed
Wasabi (2020, , $1.8M)
Mobile application for customer communication
and support
Ankur Capital, Sparrow Capital, AngelList, 021
Capital, Ankit Bhati, and 13 more
SEED STAGE
$1.9M - Seed
Fountain9 (2018, Mumbai, $2.0M)
Platform offering demand forecasts and stock out
prediction for businesses
Globevestor, Y Combinator, Titan Capital, Blue
Impact Ventures, 021 Capital, and 2 more
SEED STAGE
$2.0M - Angel
JetSynthesys (2012, Pune, $93.7M)
Digital entertainment and gaming company
Sachin Tendulkar
SEED STAGE
$2.0M - Seed
Hesa (2021, Hyderabad, $2.0M)
Correspondent banking solutions
Venture Catalysts, 9Unicorns
SEED STAGE
$2.1M - Seed
Eloelo (2020, Bangalore, $2.5M)
Provider of a social real money gaming platform
WaterBridge Ventures, Lumikai, Better Capital,
Exceed Entertainment, Higher Capital Consulting,
and 1 more
SEED STAGE
$2.1M - Seed
Tjori (2011, Delhi, $3.1M)
Online retailer of ethnic fashion products
Hindustan Times
SEED STAGE
$2.2M - Seed
Swift (2018, Bangalore, $2.3M)
Asset-light courier delivery services for
small-to-medium e-tailers
Kalaari Capital, First Cheque, Indian Angel
Network
SEED STAGE
$2.5M - Seed
DIGANTARA (2018, Bangalore, $2.5M)
Provider of space debris tracking and monitoring
services
Kalaari Capital

16
SEED STAGE
$2.5M - Seed
Freightify (2016, Mumbai, $2.5M)
Provider of web-based freight quotations & rate
management solutions
Nordic Eye, Blume Ventures, Venture Catalysts,
Tradeworks, 9Unicorns, and 1 more
SEED STAGE
$3.0M - Seed
Skylark Drones (2014, Bangalore, $3.8M)
Drone analytics platform for multiple industries
, Indian Angel Network Fund, AdvantEdge, Fowler
Westrup, Restartlab, and 20 more
SEED STAGE
$3.0M - Seed
Swaayatt Robots (2015, Bhopal, $3.0M)
Provider of self-driving technologies for on-and
off-road vehicles
Justin D Hamilton
SEED STAGE
$3.0M - Seed
Veera Health (2019, Mumbai, $3.0M)
Online doctor consultation platform for women's
health
Global Founders Capital, Surge, Y Combinator,
Rohit MA, Taru Kapoor, and 5 more
SEED STAGE
$3.1M - Seed
Oliveboard (2012, Bangalore, $4.0M)
Provider of online test preparation platform
Indian Angel Network Fund, Sparrow
Technologies, Advance Computer Services, Yukti,
BanLabs, and 33 more
SEED STAGE
$3.5M - Seed
Flam (2018, Bangalore, $3.5M)
App-based social platform for sharing AR videos
Inventus Capital Partners, 9Unicorns
SEED STAGE
$3.5M - Seed
Ati Motors (2017, Bangalore, $4.6M)
Developer of autonomous electric cargo vehicles
Blume Ventures, Exfinity Venture Partners, MFV
Partners, LetsVenture
SEED STAGE
$3.6M - Seed
Ion Energy Labs (2016, Mumbai, $6.1M)
AI enabled platform offering battery management
system
Climate Capital, YourNest, RiSo Capital, Venture
Catalysts
SEED STAGE
$6.0M - Seed
Zingbus (2019, Gurgaon, $7.9M)
App-based intercity bus ticket booking platform
, Pioneer Fund, 9Unicorns, AdvantEdge,
FundersClub, and 4 more

17
SEED STAGE
Seed
Pocketly (2019, Bangalore, $64.2K)
App-based platform for micro-loans
Riidl, Prophetic Ventures, Scale Venture Partners,
Dholakia Ventures, Ashneer Grover, and 3 more
SEED STAGE
Seed
SuperBeings (2019, Bangalore, $57.1K)
Employee experience and performance
management solution
Endiya Partners, Axilor Ventures, Rajaraman
Santhanam, Shanmugam Krishnasamy, Sanjoe
Tom Jose, and 1 more
SEED STAGE
Seed
Tax4wealth (2020, Delhi)
Online platform offering taxation videos for
professionals
Vision IAS
SEED STAGE
Seed
Good Dot (2016, Udaipur)
Produces and markets plant-based meat products
Sixth Sense Ventures
SEED STAGE
Seed
Flow Club (2021, )
App-based platform for investment and trading in
stocks and mutual funds
Antler
SEED STAGE
Seed
OMI (2020, Bangalore, $725.6K)
App-based platform offering astrology services
Nexus Venture Partners
SEED STAGE
Seed
NirogGyan (2019, Gurgaon)
Provider of smart reports for diagnostic tests
Girish Mehta, Arindam Haldar, Teji HS, Sumit
Bagaria
SEED STAGE
Seed
The Ayurveda Co (2020, Gurgaon)
Internet first brand offering organic ayurvedic
multi-category skincare products
GetVantage, Velocity Technology Solutions,
ShipRocket
SEED STAGE
Seed
Dvara E-Registry (2019, Hyderabad, $2.5M)
Provider of farming as service solutions
Omnivore Partners

18
SEED STAGE
Seed
IBANSS (2020, Noida)
Developer of bamboo-based granules that can
replace plastic
JITO Incubation & Innovation Foundation
SEED STAGE
Seed
Arcatron Mobility (2015, Pune, $646.0K)
Provider of patient friendly wheelchair for senior
citizens
SEED STAGE
Seed
Streak (2017, Bangalore, $1.4M)
Algo trading platform
Inflection Resources
SEED STAGE
Seed
Epick Bikes (2018, Hyderabad)
Developer of electric bicycles
MaGEHold
SEED STAGE
Seed
Hyreo (2013, Thiruvananthapuram, $246.0K)
Cloud-based recruitment suite for employers
Callapina Capital, Konglo Ventures, Anas Rahman
Junaid, Raveendranath Kamath, Nat Natraj
SEED STAGE
Seed
Keeros (2017, Lucknow, $644.9K)
Private label brand for healthy snacks
Venture Catalysts
SEED STAGE
Seed
THB (2015, Gurgaon, $6.4M)
AI and cloud based analytics and clinical decision
support platform for healthcare
SeaLink Capital Partners, Blume Ventures
SEED STAGE
Seed
UrbanKisaan (2017, Hyderabad, $125.0K)
Online platform offering vegetables using
hydroponics
BASF
SEED STAGE
Seed
Pedagogy (2016, Ahmedabad, $665.4K)
AI-enabled personalized learning platform
Vedantu

New Investors (1/2)
List of New Investors in India Tech in July 2021
India Tech: List of New Investors
19
Investor Company Info
Round
Amount
Round Name
BASF
60 portfolio companies | Producer and marketer of chemicals and
related products
UrbanKisaan
Online platform offering vegetables using hydroponics
Undisclosed Seed
IFC Asset Management Company
35 portfolio companies | Diversified investment firm
BlackBuck
Web & AI-based marketplace for booking freight transportation
$67.00M Series E
Kaiser Permanente Ventures
88 portfolio companies | Tech and Life Sciences focused corporate VC
firm investing in the US
Spinny
$108M Series D
Alter Venture Partners
3 portfolio companies | Venture capital fund focused on tech startups
Spectro Cloud
Hybrid cloud solutions provider
$20.00M Series A
India Infoline
2 portfolio companies | Provider of investment banking, financial
advisory and broking related services
Leegality
Cloud based enterprise legal document management software
provider
$1.26M Seed
Wipro
11 portfolio companies | IT Services, IT Consulting, IT Hardware
MyGlamm
Internet first brand offering makeup products
$47.80M Series C
Kaiser Foundation Health Plan
15 portfolio companies | Provider of not-for-profit health plans
Spinny
$108M Series D
Gulf Islamic Investments
11 portfolio companies | PE & VC firm investing in multiple sectors
Hero Electric
Developer of electric scooters
$29.50M Series B
FedEx
3 portfolio companies | Provides domestic and international shipping
services
Delhivery
Provider of end-to-end delivery services for e-commerce
companies
$100M Series H
Avenir Growth Capital
13 portfolio companies | Private equity firm making growth equity
investments
Spinny
$108M Series D

New Investors (2/2)
List of New Investors in India Tech in July 2021
India Tech: List of New Investors
20
Investor Company Info
Round
Amount
Round Name
Dana
6 portfolio companies | Supplier of electrified light-vehicle driveline
technologies and components
Switch Mobility
Developer of electric mid-drives for bicycles
$18.00M Series A
White Oak
3 portfolio companies | Diversified investment management services
Ixigo
Provider of an AI-based metasearch platform for travel
services
Undisclosed Series B
ADM Capital
8 portfolio companies | Investment management firm investing in
private debt
Square Yards
Provider of an online real estate advisory and brokerage firm
$25.00M Series D
IKP EDEN
1 portfolio companies | Non-profit organization which supports
startups
Skylark Drones
$3.00M Seed
Nordic Eye
15 portfolio companies | Early & growth stage VC firm investing in the
US & France
Freightify
Provider of web-based freight quotations & rate management
solutions
$2.50M Seed
Aqua Spark
20 portfolio companies | Offline focused early stage VC firm investing
primarily in the US
Sea6 Energy
Grows and converts seaplants into bio-fuels and soil nutrients
$9.00M Series B
ELM
5 portfolio companies | Provider of field force services
HealthifyMe
Mobile-based application for tracking diet and meal planning
$75.00M Series C
India Infoline Asset Management
2 portfolio companies | Asset Management Company
Digit Insurance
App-based insurance platform for individuals
$200M Series C
Malabar Investments
4 portfolio companies | Long/short, event-driven equity hedge fund
Ixigo
Provider of an AI-based metasearch platform for travel
services
Undisclosed Series B
Capital India
2 portfolio companies | Provider of consumer and business loans
Credenc
Online marketplace for education loans
$25.00M Series A

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.
21
Rank Business Model $ Funding # Rounds Top Funding Round
1 -- Horizontal Marketplace $3.7B 3 Flipkart | $3.6B | Series J
2 ▲1 Online Test Preparation Courses $2.8B 10 BYJU'S | $1.1B | Series H
3 ▲4 Food Ordering Platforms $2.5B 7 Swiggy | $800M | Series J
4 ▲9 Vernacular Content Sharing Platforms $1.3B 7 ShareChat | $502M | Series E
5 ▲20 POS Payment Terminals $941M 8 Pine Labs | $600M | Series E
6 ▲171 Fantasy Sports Platforms $835M 12 Dream11 | $400M | Series F
7 -- Card Linked Digital Wallets $700M 1 PhonePe | $700M | Unattributed
8 ▲10 Long form News Aggregators $634M 4 VerSe | $227M | Series H
9 ▼-1 Online Marketplace for Drugs $590M 9 PharmEasy | $300M | Series D
10 ▲5 Own Fleet E-commerce Delivery $533M 8 Delhivery | $277M | Series H

New Analyst Picks (1/20)
Interesting Companies identified by Analysts in India Tech in July 2021
India Tech: Analyst Picks
22
Upgraded to UNICORN
OfBusiness (2015, Gurgaon, $11.1M, Series B)
Provider of a financing and fulfillment network for
SMEs
Rohit Kapoor, Snehil Saraf, Tata Capital and 36
other Investors
Upgraded to UNICORN
BlackBuck (2015, Bangalore, $7.7M, Venture
Debt)
Web & AI-based marketplace for booking freight
transportation
Kumar Pushpesh, Miebach, Wellington
Management and 19 other Investors
Upgraded to UNICORN
Droom (2014, Gurgaon, $1.5M, Seed)
AI-driven marketplace for multi-category used
vehicles
Pravin Kumar Harjibhai Patel, DG Ventures,
Harshadkumar Mohanlal Kakadia and 40 other
Investors
Upgraded to SOONICORN
HealthifyMe (2012, Singapore, $6.0M, Series B)
Mobile-based application for tracking diet and meal
planning
Shashi Bhaskar, NB Ventures, Shirazi Investments
and 42 other Investors
Pratilipi (2014, Bangalore, $50.0K, Seed)
Provider of a vernacular platform for reading and
sharing of stories
Omidyar Network, Vidit Aatrey, Gaurav Munjal and
24 other Investors
Mamaearth (2016, Gurgaon, $250K, Angel)
Internet first brand offering organic beauty care
products
Stellaris Venture Partners, Rishabh Mariwala,
Sofina and 14 other Investors
Trell (2016, Bangalore, $45.0M, Series B)
App-based social travelogue platform for travelers
Anand Ladsariya, Anupam Mittal, Shanti Mohan
G.O.A.T Brand Labs (2021, , $36.0M, Series
A)
Provider of brand insights and management
solution
Nordstar, Better Capital, Flipkart and 8 other
Investors

23
Upgraded to MINICORN
Oliveboard (2012, Bangalore, $481K, Seed)
Provider of online test preparation platform
Rishi Pardal, Nitin Singhal, Sparrow Technologies
Rocketium (2015, Bangalore, $982K, Seed)
Online video creation platform
Sharad Dalmia, Abhay Bora, Mohan Kalyan and
49 other Investors
Dozee (2015, Bangalore, $5.9M, Series A)
AI-based patient monitoring system for healthcare
providers
Naveen Gupta, Karthik Bhat, Srinivas Popuri and
34 other Investors
Easy Home Finance (2017, Mumbai, $2.2M,
Seed)
Online platform for home loans
Wasserman Eriksson, Das Capital, FinSight
Ventures and 7 other Investors
MyMobiforce (2018, Noida, $108K, Angel)
Freelancers hiring platform
Acsys Investments, Arpan Prakash, Manu Iyer and
3 other Investors
Credit Fair (2018, Mumbai, $15.0M, Seed)
App-based platform for point of sale financing
Anand Ladsariya, Texport Industries, Rekha Devi
Chandak and 10 other Investors
Vegrow (2020, Hyderabad, $2.5M, Seed)
Provider of tech-enabled farming services to
farmers
Elevation Capital, Omkar Hariharpur
Nagabhushana, Ankur Capital and 22 other
Investors
enParadigm (2010, Mumbai, $566K, Seed)
Platform offering corporate training solutions
Cornerstone Venture Partners Fund, Sarvagya
Jain, Manjunath Kadaba and 9 other Investors
Gumlet (2018, Bangalore, $1.6M, Seed)
Image optimization tool for businesses
Yash Kothari, Surge, JioGenNext and 3 other
Investors
Bandhoo (2020, Gurgaon, $1.1M, Seed)
Provider of an online marketplace to hire
construction professionals
Srini Sriniwasan, Prashant Malik, Neeraj Aggarwal
Minimalist (2020, Jaipur, $14.8M, Series A)
Internet first brand offering skincare products
Unilever Ventures,Sequoia Capitaland
Skylark Drones (2014, Bangalore, $3.0M,
Seed)
Inderdeep Singh, Rishi Pardal, Varun V Bansal

24
OneCode (2018, Noida, $5.0M, Series A)
Provider of referral-based marketing solutions
Sunny Agrawal, Cloud Capital, Siddharth Mohan
Ion Energy Labs (2016, Mumbai, $3.6M, Seed)
AI enabled platform offering battery management
system
Pescadero Pacific Ventures, Swapan Rajdev, Peak
Venture and 10 other Investors
Fraazo (2016, Mumbai, $11.0M, Series A)
Online retailer of fresh fruits and vegetable delivery
services
NABVENTURES Fund, APAR Industries,
Equanimity Investments and 2 other Investors
Vauld (2018, Bangalore, $500K, Seed)
Financial services for cryptocurrencies
RISE Conf, LuneX Ventures, Cadenza and 12
other Investors
twid (2019, Bangalore, $1.4M, Seed)
Reward-based payment solutions
Surge, Kunal Shah, Whiteboard Capital and 14
other Investors
Swaayatt Robots (2015, Bhopal, $3.0M, Seed)
Provider of self-driving technologies for on-and
off-road vehicles
Justin D Hamilton, NSRCEL, Startup Reseau and
1 other Investors
SS Supply Chain-3SC (2012, Gurgaon,
$632K, Seed)
Supply chain advisory services and execution
software
Sushil Kumar Kaushik,GEF Capital Partners,Ravi
Manivalanand
Added to Editor's Pick
Housing (2012, Gurgaon, $276K, Angel)
Map-based verified residential property listings
platform
Merisis, Haresh Chawla, Hemanth Goteti and 20
other Investors
Shine.com (2008, Gurgaon, Unfunded)
Online Job Portal
Siparexand
BHIM (2005, Mumbai, Unfunded)
Cashless mobile payment solution leveraging UPI
99acres (2005, Noida, Unfunded)
Listing platform for real estate properties

25
MyKaam (2019, Bangalore, $233K, Seed)
Online job search and professional networking
platform
Apoorva Ranjan Sharma, Mrunal Jhaveri, Karan
Garg and 5 other Investors
SonyLIV (2013, Mumbai, Unfunded)
Online platform for on-demand movies and tv
series
Zee5 (2018, Mumbai, Unfunded)
Provider of a vernacular video streaming platform
Medusind (2002, Mumbai, Undisclosed, Series
B)
Provider of dental and healthcare RCM services
Adrian Pritchard, Karl Dillon, Fareed Zakaria and
12 other Investors
Voot (2014, Mumbai, Unfunded)
Provider of on-demand video streaming platform
Josh (2020, Bangalore, Unfunded)
Social platform for sharing short videos
Qatar Investment Authority, Glade Brook Capital,
Google and 2 other Investors
SuperProcure (2017, Kolkata, $1.3M, Seed)
Offers web-based freight sourcing and
collaboration platform
NSRCEL,IIM Calcutta Innovation Park,Supply
Chain Labsand
SupplyNote (2015, Delhi, $667K, Seed)
Provider of cloud based supply chain management
solutions
CIO Angel Network, SucSEED Venture Partners,
Venture Catalysts and 6 other Investors
Roadzen (2015, Pittsburgh, $1.3M, Seed)
AI-based software for the P&C insurance industry
JAFCO Asia, Anthill, Cambridge Innovations and 3
other Investors
CoRover (2016, Bangalore, $315K, Seed)
Provider of a conversational AI platform to
automate business operations and generate leads
Empower, Karnataka Startup Cell, DERBI
Foundation and 2 other Investors
Pankhuri (2018, Jhansi, $28.3K, Seed)
Online conversational commerce platform for
wedding style recommendations
Farid Ahsan, Sweta Rau, Garimella Srinivas and 9
other Investors
Airtel Xstream (2018, Gurgaon, Unfunded)
Virtual MVPD streaming service provider

26
Living Food (2018, Bangalore, Undisclosed,
Seed)
Produces and supplies diversified food products
Amasia,Food-Xand
Medibox (2015, Bangalore, $2.1M, Seed)
Cloud-based e-procurement and marketing
solution for pharmacy and distributors
Vijay Kumar Nahar, Rajesh Chhajed, Vinod Nahar
timios (2016, Bangalore, $252K, Seed)
Private label brand for healthy snacks
Rajendra Kumar Kotapalli, Pradeep Sesham,
Rangsons Technologies and 10 other Investors
BIKRY (2019, Noida, $1.3M, Seed)
App-based storefront solutions for social
commerce business
Y Combinatorand
Angel BEE (2017, Mumbai, Unfunded)
App based wealth management solution
Edmingle (2016, Bangalore, $300K, Seed)
SaaS and app-based platform offering LMS for
educators, colleges, and coaching institutes
Ananya Shandilya, Alok Bansal, Anil Gupta and 15
other Investors
Safetrax (2014, Bangalore, $478K, Seed)
Provider of IoT-enabled fleet management solution
for transportation
Ajantha Anand, Baghirathi, Binu Varghese and 7
other Investors
Udma Technologies (2016, Udupi,
Undisclosed, Grant (prize money))
Wallet for consumer payments
Anoop Koshy George, Ganesh Natarajan,
Sandesh A and 6 other Investors
Procol (2018, Delhi, $3.8M, Series A)
Provider of procurement software for business
Rainmatter Technology, Surge, Beenext and 1
other Investors
Goapptiv (2016, Thane, $62.8K, Angel)
Provider of patient engagement services
Cipla, Rohan Shah, Jai Shankar Krishnan and 1
other Investors
Kudos Finance and Investments (2010,
Pune, $260K, Seed)
NBFC enabling companies to offer digital loans
Karan Sharma, Amit Choudhary, Amitabh Sharma
danamojo (2015, Bangalore, $409K, Seed)
Payment solution and gateway for NGOs
Social Alpha, Venture Garage, Vasanthi Anand and
2 other Investors

27
Emoha (2017, Gurgaon, $1.4M, Seed)
App-based platform that provides elderly caregiver
services
Latika Thukral, Uma Ganesh Natarajan, Sunil
Kalra and 5 other Investors
Virtuoso Infotech (2011, Pune, $81.6K, Seed)
Custom application development services provider
HDFC securities,HDFC Bankand
EdgeVerve Systems (2014, Bangalore,
Unfunded)
Cross-functional software suite for banking
industry
Raghunandan Money (2004, Agra, $576K,
Seed)
Multi-asset trading platform
Balaji Symphony,Raghubar Dayal Mittal,Sumit
Singhaland
Krishitantra (2012, Udupi, $101K, Seed)
Develops and provides tools for soil testing
NABVENTURES Fund, JioGenNext, Omnivore
Partners and 5 other Investors
Hyreo (2013, Thiruvananthapuram, Undisclosed,
Seed)
Cloud-based recruitment suite for employers
Rahul Vijayan, Dinesh Agarwal, Thirthendu Sarkar
Helicrofter (2020, Mumbai, $231K, Seed)
Online platform selling crop inputs, pesticides,
fertilizers and equipment
Axilor Ventures,Indigram Labsand
Predible (2016, Bangalore, $343K, Series A)
Provider of AI-based radiological image analysis
and diagnosis platform for professionals
Capria, IKP Knowledge Park, Unitus Ventures and
1 other Investors
OMI (2020, Bangalore, $726K, Seed)
App-based platform offering astrology services
Srinivas Rai Anumolu, Veer Pahariya, Nexus
Venture Partners and 9 other Investors
Botman (2017, Bangalore, $206K, Seed)
Saas platform for protection against ad fraud
Alacrity India,Pentathlon Ventures,Modulor
Capitaland
Orxa Energies (2015, Bangalore, $467K,
Angel)
Developer of electric two-wheeler
Anand Nagloor,GAILand
Syook (2016, Bangalore, $96.7K, Angel)
Provider of AI-powered location tracking systems
Arun Ganapathy, Sharat Kishore, Bipin Jain and 50
other Investors

28
Braingroom (2016, Chennai, $201K, Seed)
Micro-class discovery and booking platform.
Atal-GreatLakes Balachandran Incubator, Social
Alpha, Indian Angel Network and 1 other Investors
Aqgromalin (2020, Hyderabad, $492K, Angel)
Provider of consulting, training and cultivation
services to farming sector
John Paul Innocent, Agam Khare, Zephyr Peacock
India and 26 other Investors
Leegality (2016, Panchkula, $361K, Seed)
Cloud based enterprise legal document
management software provider
CD Equisearch, Gourab Banerji, Abhishek Mittal
Fountain9 (2018, Mumbai, $1.9M, Seed)
Platform offering demand forecasts and stock out
prediction for businesses
Holly Liu, Y Combinator, Blue Impact Ventures and
4 other Investors
TechEagle (2015, Gurgaon, $419K, Seed)
Design and development of custom drones for
delivery purposes
Rajan Luthra, Alok Sethi, Arindam Mukhopadhyay
GOAMILES (2018, Margao, Unfunded)
App-based platform offering ride-hailing services
SuperBeings (2019, Bangalore, $57.1K, Seed)
Employee experience and performance
management solution
Endiya Partners, GrayCell Ventures, Vivek
Subramaniam and 5 other Investors
Hospals (2018, Delhi, $1.5M, Seed)
Provider of healthcare and medical tourism
services for travelers
Jayesh Shah, Akash Gajwani, Dominor and 39
other Investors
Zouk (2015, Mumbai, $107K, Seed)
Private label brand of bags
Manish Bhushan, Varun Alagh, Priyank Mehul
Shah and 9 other Investors
Grene Robotics (2009, Hyderabad, $476K,
Seed)
Provider of robotic solutions for various industries
Splendid Group, M Srikirthi, Sayyaparaju Anil
Varma and 14 other Investors
MintM (2012, Bangalore, $50.0K, Seed)
Customer engagement solutions for offline retailers
Giri Devanur, Arun Nanda, Jitendra Punjabi and 32
other Investors
Vendekin (2015, Pune, Undisclosed, Angel)
Integrated and cashless vending solution
Kiran Karnawat,Praavegaand

29
Scribble Data (2016, Bangalore, $148K, Angel)
Machine learning-based business intelligence
suites provider
Startup Reseau, Ammar Mukadam, Rebecca Sara
Joseph and 11 other Investors
BigShyft (2019, Noida, Unfunded)
AI-based job recommendation software
Tournafest (2020, Unfunded)
App-based competitive gaming platform
LetsDressUp (2019, Gurgaon, $300K, Seed)
Provider of stitching services for women's apparel
Abhinav Daga, Sweta Rau, Kaushika Madhavan
Auntfloh (2020, Bangalore, $38.3K, Seed)
Developer PMS relief supplements
Abhishek Shah, Vishal Sethi, Karthik Bhat and 7
other Investors
BlockerX (2019, Bangalore, Unfunded)
Offers an app for blocking adult content websites
Indi Energy (2019, Roorkee, $13.5K, Seed)
Developer of supercapacitors and rechargeable
batteries
TIDES Business Incubator, Amer Inayat Jaleel,
Mukund Vasudevan and 15 other Investors
Clevergene (2013, Bangalore, $631K, Seed)
Provides genomic-based bioinformatics solutions
for research and translational sciences
Auxanoand
QShala (2014, Bangalore, Undisclosed, Seed)
Provider of online courses for developing general
aptitude and critical thinking in students
S Akshita Ganesh, Suresh Kumar Pinglay, Eshan
Mushtaq and 29 other Investors
TyrePlex (2019, Delhi, $137K, Seed)
Online platform to compare & buy automotive tires
Ruchi Kalra, Amit Lakhotia, Asish Mohapatra and 3
other Investors
Quess Corp (2020, Bangalore, Unfunded)
Online job matching platform
Crest Data Systems (2013, Ahmednagar,
Unfunded)
IT Operations analytics solutions provider

30
Doceree (2018, Parsippany, Undisclosed, Seed)
Provider of an AI-based programmatic marketing
platform for physicians
Gaurav Kumar Kumar,Harsh Guptaand
JAR (2021, Bangalore, $176K, Seed)
App-based savings and gold investment platform
AS Krishna Prasad, Amit Agrawal, Sagar K and 7
other Investors
Coral Innovations (2018, Hyderabad,
Unfunded)
App-based platform offering self-meter reading
solutions
Earth Rhythm (2018, Gurgaon, $1.2M, Seed)
Internet-first brand offering multi-category organic
beauty products
Anicut Capitaland
Xylem (2019, Kozhikode, Unfunded)
Mobile & AI-based platform providing entrance
exam preparation solutions
Imagix AI (2019, Noida, Unfunded)
Provider of AI-based photo and video editing
solutions
Senpiper (2015, Faridabad, Unfunded)
Low code mobile application development platform
BharatOption (2020, Delhi, Unfunded)
App based trading platform
Autoplant (2012, Mumbai, Unfunded)
Software solutions provider for the logistics
industry
MEDPAY (2020, Bangalore, $646K, Seed)
Provider of an AI-based platform that connects
healthcare providers with insurance agencies
Entrepreneur First,GrowX Venture
Managementand
GoKwik (2020, Delhi, $5.6M, Series A)
Online platform offering shopping solutions
Shantanu Pathak, Abhijeet Kumar Singh, RTP
Ventures and 32 other Investors
Entitled (2019, Mumbai, Unfunded)
Financial wellness solution platform
Bharat Inclusion Initiativeand

31
Haalchaal (2021, Mumbai, Unfunded)
Location-based vernacular social application
MemoNEET (2021, Bangalore, Unfunded)
Mobile & AI-based platform providing medical
entrance exam preparation solutions
Digital Aristotle (2016, Bangalore, Unfunded)
AI and app-based e-learning platform for students
Pocketly (2019, Bangalore, $34.9K, Seed)
App-based platform for micro-loans
Siddharth Somaiya, Ashneer Grover, 100x and 11
other Investors
Powerhouse91 (2021, Gurgaon, $2.0M, Seed)
Platform for acquiring digital-first brands
Orellana Holdings,Crossbeamand
The Sleep Company (2019, Mumbai, $1.8M,
Seed)
Internet first brand offering smart mattresses
LogX,Fireside Ventures,Varun Alaghand
Urbanby (2019, Karimnagar, Unfunded)
App based marketplace offering multi-category
products and services from local stores
ASADEL Technologies (2015, Delhi, $203K,
Seed)
Safety and security solutions for businesses and
individuals
Dheeraj Jain, Rahul Maroli, Vivek Sharma and 3
other Investors
Sensy (2015, Bangalore, Unfunded)
Provider of smart TV controllers
CareerSocially (2016, Noida, $1.0M, Seed)
AI-driven leads generation software for real estate
professionals
Bobby Reddy,Indus Group Inc,Ajay Sarupriaand
Sangam (2007, Mumbai, Unfunded)
Online listing platform for matchmaking
Just Jobs (2015, Delhi, Unfunded)
Yet-to-launch online platform for informal sector
jobs

32
Gynoveda (2018, Mumbai, $989K, Seed)
Provider of dietary supplements & ayurveda
solutions focused on women's health
Fireside Venturesand
IMASTUDENT (2013, Hyderabad, Unfunded)
Online retailer of electronic products
Amazon Pay (2016, Unfunded)
Payment gateway provider
PianoGuru (2020, Gurgaon, Unfunded)
Mobile-based platform providing piano learning
solutions
Univ (2018, Bangalore, Undisclosed, Angel)
Provider of data science-related tutoring solutions
via income share agreement
Kiran Mazumdar Shawand
LingayatMatrimony (2006, Eluru, Unfunded)
Provider of the community-based matrimonial
platform
Quesba (2020, Noida, Unfunded)
Provider of homework assistance and textbook
solution for students
Venture Supply Chain (2014, Delhi, $197K,
Angel)
Tech-enabled freight transportation service
provider
Kavita Mishraand
Lavado (2016, Mumbai, Undisclosed, Seed)
Online laundry & dry cleaning service provider
LivNSense Technologies (2018, Bangalore,
Unfunded)
Provider of cloud and AI-based digital twin
platforms for the manufacturing sector
Precog Innovationsand
Paz Care (2021, Bangalore, $226K, Seed)
Employee benefits and health insurance platform
Haresh Chawla, Ashish Omprakash Hemrajani,
Mohit Garg and 3 other Investors
Hamleys (1760, Mumbai, Unfunded)
Online retailer offering multi-category products for
kids

33
BeWell Digital (2020, Coimbatore, $125K,
Seed)
Cloud-based administrative management tool for
hospitals
Y Combinatorand
Hesa (2021, Hyderabad, $2.0M, Seed)
Correspondent banking solutions
Venture Catalysts,9Unicornsand
Power Anser Labs (2015, Mumbai, $7.5K,
Seed)
Provider of grid management solutions
SINEand
humit (2019, , Undisclosed, Seed)
Social platform for music discovery
Sarath Sura, First Cheque, Alagu Periyannan and
5 other Investors
Peppo (2015, Bangalore, $816K, Seed)
Provider of food delivery solutions to restaurants
KrushiSamarpan (2018, Aurangabad,
Unfunded)
App-based platform offering agriculture-related
information
The Ayurveda Co (2020, Gurgaon,
Undisclosed, Seed)
Internet first brand offering organic ayurvedic
multi-category skincare products
GetVantage,Velocity Technology
Solutions,ShipRocketand
NirogGyan (2019, Gurgaon, Undisclosed, Seed)
Provider of smart reports for diagnostic tests
Startup Nexus, Girish Mehta, Arindam Haldar and
2 other Investors
TropoGo (2018, Bangalore, Unfunded)
Provider of an open-source drone insurance, rules
& regulations manual and a marketplace for drone
ecosystem.
Edge Neural (2019, Pune, $135K, Seed)
Provider of AI-based device intelligence systems
Dilip Angal, 9Unicorns, Anicut Capital and 2 other
Investors
Bonayu (2015, Bangalore, $1.4M, Seed)
Developer of nutritional caffeine oral strip for
energy
Amar Chhajed,Five V Capitaland
Prabhuji Online (2017, Kolkata, Undisclosed,
Seed)
Online platform offering flowers and devotional
products
Rohit Tayal, Rahul Tayal, Sumit Keshav and 7
other Investors

34
PI Green Innovations (2019, Pune, $314K,
Angel)
Developer of air filters
Harshal Chandrakant Morde,PDPU IICand
eChargeUp (2019, Delhi, Undisclosed, Seed)
Provider of solutions for battery swapping station
MapmyIndiaand
SalaryBook (2020, Bangalore, Unfunded)
Payroll and employee management solutions
provider
SpEd@home (2020, Mumbai, $300K, Seed)
Online platform proving learning solutions for
students with learning disabilities
Klear Money (2020, Bangalore, $67.7K, Seed)
Online platform to track and manage income, bills,
and expenses
Imagimake (2011, Mumbai, $594K, Seed)
Brand of kids educational toys
Saumil Shah,Roha Asset Managersand
Bookmart (2020, Kolkata, Unfunded)
Online book retailer
BMB Pay (2021, Hisar, Unfunded)
Agent-based payment solutions
Aprecomm (2016, Bangalore, Unfunded)
AI-based WiFi management solutions provider
Nestroots (2016, Gurgaon, Undisclosed,
Conventional Debt)
Internet first brand offering home improvement
products
We Founder Circleand
ShopWorx (2017, Pune, $344K, Seed)
Provider of IoT-based in-store monitoring solutions
Innovotech Investments, Devyani Shirolkar, Vineet
Joshi and 1 other Investors
Bahujan Stories (2020, Ghaziabad, Unfunded)
App-based storytelling platform

35
Neowise (2020, Mumbai, Unfunded)
Digital bank for individuals
Karan Sarda Group (2017, Pune, Unfunded)
Online distributor of industrial tools & equipment
LegitDoc (2018, Bangalore, Unfunded)
Cloud and blockchain based digital document
verification solution provider
AIM Smart City Accelerator,T-Huband
resolve360 (2019, Bangalore, Unfunded)
AI-based teleconsultation app for physiotherapy
and psychology counseling
Flow Club (2021, , Undisclosed, Seed)
App-based platform for investment and trading in
stocks and mutual funds
Antlerand
Zace Product (2021, Coimbatore, Unfunded)
Cloud and Mobile-based application for project
management
Acexam (2018, Delhi, Unfunded)
App-based medical entrance exams preparation
solution
Venture Garageand
Prognosys Healthcare (2015, Bangalore,
$899K, Seed)
Provider of medical devices and cloud-based
technologies for healthcare professionals
Somerset Indus Capital Partnersand
BHIVE (2014, Bangalore, Unfunded)
Alternative investment platform for commercial real
estate
ZinEdu (2018, Noida, Unfunded)
Provider of educational programs for
undergraduate exam preparation
Medblaze (2017, Hyderabad, Unfunded)
Cloud and AI-based hospital management tool for
healthcare professionals
ambicam (2015, Ahmedabad, Unfunded)
Provider of cloud-based integrated video
surveillance systems

36
Blue Barrows (2017, Noida, Unfunded)
Online marketplace offering multi-category
handicraft products by designer
Infraon (2021, Unfunded)
Cloud based IT service management software
provider
Fleek (2021, Bangalore, Unfunded)
Provider of a platform for managing subscriptions
Epick Bikes (2018, Hyderabad, Undisclosed,
Seed)
Developer of electric bicycles
MaGEHoldand
Local Mail (2021, Bangalore, Unfunded)
API services integration solutions provider
Blynk (2018, Mumbai, Unfunded)
Platform offering refurbished & preowned mobiles
Fabrik (2018, Bangalore, Unfunded)
Provider of digital twin solutions to multiple
industries
SucSEED Venture Partnersand
Geek Point (2020, Hyderabad, Unfunded)
Provider of online tutoring solutions focusing on
coding for students
Venture Garageand
Sysfore (2004, Bangalore, Unfunded)
Provider of system integration services
Infinity Learn (2021, Hyderabad, Unfunded)
Online platform providing entrance exam
preparation courses
Easiloan (2020, Unfunded)
AI-based platform for home loans
BlueSemi (2017, Hyderabad, Unfunded)
Provider of AIoT solutions to manage healthcare
and climate change

37
DailyLearn (2020, Bangalore, Unfunded)
Online platform providing courses and learning
resources for school students
Marut ZAP (2021, Hyderabad, Unfunded)
Provider of drone-based mosquito eradication
solutions
Maheshwari Shaadi (2009, Mumbai,
Unfunded)
Provider of the community-based matrimonial
platform
BrainAlive (2017, Kanpur, Unfunded)
Provider of an AI-based brain-computer interface
solution for various industries
Idea MySpace (2020, Hyderabad, Unfunded)
Provider of in-house interior designing services
Marquee Equity (2016, Noida, Unfunded)
Online fundraising platform for startups
DinoLab (2020, Ghaziabad, Unfunded)
Provider of online math and coding courses for
kids
Codukul (2020, Unfunded)
Provider of online tutoring solutions focusing on
coding for students
Intify (2020, Unfunded)
Provider of API development and integration
solutions
Turiya Investments (2021, Gurgaon,
Unfunded)
Online fundraising platform for startups
StoreFresh (2017, Kolkata, Unfunded)
Tech-enabled 3PL service provider
Ongo (2007, Mumbai, Unfunded)
Payment processing solutions for businesses and
merchants

38
Lamaara Technologies (2018, Kochi,
Unfunded)
Provider of nanotech-enabled water purifiers
Polite Society (2020, Mumbai, Unfunded)
Internet first brand offering apparel for women
SRIT Healthcare (2020, Bangalore, Unfunded)
Cloud-based hospital administrative management
software
Nyumi (2014, Mumbai, Unfunded)
Provider of dietary supplements for multiple
ailments
Shapermart (2019, Unfunded)
Online retailer offering shapewear for men and
women
Uni Cards (2020, Bangalore, Unfunded)
General-purpose credit card with 1/3 pay feature
Mile Trips (2021, Bharuch, Unfunded)
Offers web-based solutions for finding shippers &
carriers
Pepper Farms (2021, Delhi, Unfunded)
Cultivators of organic farm produce using smart
greenhouses
Fingress (2016, Chennai, Unfunded)
Provider of low code development platform
Apkamedical (2020, Morena, Unfunded)
Online marketplace for purchasing medicines
online
WedNicely (2021, Raipur, Unfunded)
Online platform to create digital invitations
Nearby News (2020, Hyderabad, Unfunded)
Online newsletter provider

39
Ai Aerial Dynamics (2020, Kochi, Unfunded)
Provider of an AI-based drone solution for multiple
applications
Attestr (2020, Hyderabad, Unfunded)
Online background verification and onboarding
solution for enterprises
GES (2019, Vadodara, Unfunded)
Provider of building information modeling software
for construction professionals
Kidlo Coding (2017, Mumbai, Unfunded)
Mobile & SaaS-based platform providing
coding-related learning solutions
Gateflux (2018, Unfunded)
SaaS-driven visitor management software for
commercial spaces
Archiipedia (2018, Bangalore, Unfunded)
Online advertising platform for architects & interior
designers
Manglish (2018, Ernakulam, Unfunded)
Provider of Malayalam language keyboard app
PrwaTech (2014, Bangalore, Unfunded)
Online platform providing data science-related
learning solutions
PDRL (2018, Nashik, Unfunded)
Provider of an end-to-end drone application for
various industries
Agniforge (2021, Delhi, Unfunded)
Provider of diversified non combat defence
solutions
Synoriq (2017, Jaipur, Unfunded)
Banking software suite
Foodism (2019, Ahmedabad, Unfunded)
Provider of social networking platform offering food
recipes

40
Naxly (2021, Unfunded)
AI based data science services providers
DesktopReady (2018, Mumbai, Unfunded)
Cloud based desktop as a service platform
provider
ML Infomap (1993, Delhi, Unfunded)
Provider of end-to-end GIS solutions for various
industries
Energasia (2008, Delhi, Unfunded)
Provider of smart poles
Xsemble (2018, Pune, Unfunded)
Provider of low code web application development
platform
Ludo Sikandar (2020, Jaipur, Unfunded)
App-based gambling platform offering dice games
UniScholarz (2020, Mumbai, Unfunded)
Online platform providing scholarship discovery
solutions
iNest (2017, Noida, Unfunded)
Cloud-based visitor management software for
commercial spaces
Tutopia (2020, Kolkata, Unfunded)
App-based platform offering online courses for
school students
Tallin Sales (2010, Surat, Unfunded)
Online retailer offering multi-category products
Farmer Bazaar (2021, Ahmedabad, Unfunded)
App-based marketplace offering agriculture
products and services
Uniket (2018, Mumbai, Unfunded)
E- Distributor providing B2B finished material
fashion products

41
MysticLand (2020, Bangalore, Unfunded)
Provider or AR and app-based learning solutions
for kids
HomeAi (2020, Hyderabad, Unfunded)
Provider of home automation controllers
Videolytical (2020, Noida, Unfunded)
Provider of AI-based video analytic solutions
XOOG (2020, Sivakasi, Unfunded)
Provider of after-school puzzle training programs

IPO Date Company IPO Mcap
Exchange
Ticker
23 Jul 2021
Zomato (2010, Gurgaon, $2.1B)
Online platform enabling food ordering and delivery solution
$8.0B NSE:ZOMATO
IPOs
List of IPOs in India Tech in July 2021
India Tech: IPOs
42

Acquisitions (1/3)
List of Acquisitions in India Tech in July 2021
India Tech: Acquisitions
43
Acq.
Date
Company Acquirer Deal Size
02 Jul 2021
PlaySimple(2014, Bangalore, $4.5M)
Mobile games developer focusing on casual games
Modern Times Group $360.0M
05 Jul 2021
DoSelect(2012, Bangalore, $0.8M)
Talent assessment and discovery platform
Info Edge $2.8M
06 Jul 2021
Playment(2015, Bangalore, $2.4M)
Managed data labeling platform for computer vision models
TELUS International
07 Jul 2021
YbanQ(2019, Bangalore, $0.1M)
SMB focused business management solutions provider
clear.in
07 Jul 2021
Vendaxo(2016, Ahmedabad)
Online marketplace for used industrial equipment &
machinery
Moglix
07 Jul 2021
Ampool(2016, Los Altos)
Provider of cloud-based data analytics platform
Hewlett Packard Enterprise
07 Jul 2021
Meddiff Technologies(2007, Bangalore)
Provider of medical imaging and tele-radiology solutions
RamSoft
07 Jul 2021
ShaadiSaga(2013, Delhi, $0.7M)
Online listing platform offering multi-category vendor
services
Matrimony.com $1.5M
10 Jul 2021
The Real Kashmir News(2019, Srinagar)
Online platform providing multi-category news
ITV Network
15 Jul 2021
GarudaUAV(2017, Noida)
Provides aerial mapping and inspection services using
drones

Acquisitions (2/3)
44
Acq.
Date
16 Jul 2021
Justdial(1996, Mumbai, $101.5M)
App-based listing platform for multiple local services
Reliance Retail $469.0M
19 Jul 2021
TERA(2017, Bangalore)
SaaS-enabled lending-as-a-service platform for lending
institutions
Razorpay
19 Jul 2021
Simplilearn(2010, San Francisco, $34.4M)
Mobile-based platform providing professional certification
programs
Blackstone $250.0M
20 Jul 2021
Sim Sim(2018, Delhi, $17.6M)
App-based platform enabling short video shopping solution
YouTube
21 Jul 2021
Zelish(2019, Bangalore, $0.0M)
Online marketplace to hire chefs
TinyChef
25 Jul 2021
Great Learning(2013, Gurgaon)
Online platform providing courses for working professionals
BYJU'S $600.0M
25 Jul 2021
Toppr(2013, Mumbai, $107.2M)
Mobile and SaaS-based platform providing e-learning and
test preparation platform for students
BYJU'S $150.0M
26 Jul 2021
Ed-Matrix(2020)
Provider of online courses for college and school students
Abwaab
27 Jul 2021
UniShop(2021, Delhi)
Platform offering eCommerce suite solution for kirana stores
Cashify
27 Jul 2021
Rheo(2019, Bangalore, $2.0M)
Online platform for streaming video games
Unacademy

Acquisitions (3/3)
45
Acq.
Date
28 Jul 2021
Eckovation(2015, Delhi, $0.2M)
IT Solution for Educational Institution Management
Imarticus
29 Jul 2021
Tejas Networks (2000, Bangalore, $35.0M)
Optical transport solutions to telecom service providers

Recent News (1/2)
Recent News in India Tech in July 2021
India Tech:News
46
Exit News
.
● TechCrunch Master Template TechCrunch
.
● Reliance in talks to acquire Justdial for $800-900 mn THE WEEK
.
● Important Day Has Come For Zomato Ipo As Share Allotment Is Likely
Today SMEStreet.in
.
● Byju’s half a billion dollar edtech buy Fortune India
.
● Mobikwik Files Paperwork For Rs. 1,900 Crore IPO OfficeChai
.
● YouTube acquires Indian social commerce startup Simsim domain-b.com
.
● Blackstone to acquire majority stakes in Simplilearn Solutions TechStory
.
● Indian fintech firm Razorpay acquires lending startup Tera Finlabs Tech in
Asia
.
Fund News
.
● Brigade REAP lists its PropTech@REAP on LetsVenture Business Line
.
● Sachin Bansal’s Navi Mutual Fund launches Navi Nifty 50 Index Fund
with Lowest Expense Ratio, NFO is Now Open Udaipur Kiran
.
● Grayscale Investments teams with CoinDesk Indexes to launch DeFi
fund and index Institutional Asset Manager
● Vivriti Asset Management launches two debt AIFs Business Standard
.
People News
.
● Jeff Bezos officially hands over Amazon reins to AWS boss Jassy Digital
TV Europe
.
● Paytm President Amit Nayyar, Hr Head & 3 Other Top Execs Quit Firm
Ahead Of Its Ipo OfficeChai
.
● Zomato’s CEO Deepinder Goyal joins board of savings app magicpin
People Matters
.
● Swiggy elevates Phani Kishan as co-founder Business Today
.
● Upstox appoints former top Amazon executive as CTO Livemint
.
● Capri Global Capital appoints new CTO People Matters
.
● Linode Announces Joseph Zhou as Chief Information Security Officer
globalsecuritymag.com
.
● Suman Mishra Replaces Mahesh Babu As CEO Of Mahindra Electric
Carandbike

Recent News (2/2)
Recent News in India Tech in July 2021
India Tech:News
47
Company News
.
● Biocon Biologics, Viatris receive US FDA approval for Semglee to treat
diabetes BioSpectrum India
.
● Alembic Pharma gets USFDA nod for generic Nitrofurantoin capsules
Moneycontrol
.
● Mobile Premier League launches its MPL App in USA Adgully
.
● YuppTV launches the top premier streaming platform SonyLIV across
International Markets CNW
.
● Tech enabled construction company, Brick&Bolt, launches operations in
Hyderabad Indiatimes
.
● Biocon Biologics, Viatris get FDA nod for biosimilar insulin Deccan Chronicle
Holdings .
● Biocon Gets U.s. Fda Nod For Interchangeable Biosimilar Insulin For
Diabetes; Shares Rise BloombergQuint
.
● Welectric forays into electric vehicles aftermarket business New Indian
Express .
Regulatory News
.
● Top restaurant body moves CCI for redress on issues with Zomato,
Swiggy Business Standard

Explore more on Tracxn
Explore more about India Tech on Tracxn Platform
India Tech: Explore more on Tracxn Platform
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