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2. Contents
2
India Tech Snapshot 35
Investment Snapshot 36
List of Funding Rounds 37
New Investors 50
Top Funded Business Models - last 1 year 52
New Analyst Picks 53
Acquisitions 62
Recent News 63
36. Investment Snapshot
Investment Snapshot of India Tech as of December 2020
India Tech: Investment Snapshot
36
# Rounds$ Funding
Investment Trend Top Investments (December 2020)*
PhonePe
(2012, Bangalore, $701M)
$700M - Unattributed Tiger Global Management
Zomato
(2008, Gurgaon, $1.9B)
$660M - Series J Tiger Global Management
Katerra
(2015, Bangalore, $2.1B)
$200M - Series D SoftBank Group Corp
Zenoti
(2010, Bellevue, $251M)
$160M - Series D Advent International
Glance
(2017, Bangalore, $190M)
$145M - Series B Google
Josh
(2020, Bangalore, $100M)
$100M - Series D Google
Cuemath
(2011, Bangalore, $67.2M)
$40.0M - Series C LGT Lightstone
LeadSquared
(2011, Bangalore, $37.7M)
$32.0M - Series B Gaja Capital
Tredence
(2013, Bangalore, $30.0M)
$30.0M - Series B Chicago Pacific Founders
WakeFit
(2014, Bangalore, $34.2M)
$25.1M - Series B Verlinvest
DealShare
(2018, Jaipur, $35.3M)
$21.0M - Series C WestBridge
*Shows only the lead Investors
37. List of Funding Rounds (1/13)
List of Funding Rounds in India Tech in December 2020
India Tech: List of Funding Rounds
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+), PE
37
LATE STAGE
$3.7M - Series E
Dunzo (2014, Bangalore, $120.3M)
App-based platform offering delivery services
LATE STAGE
$7.0M - Series E
MobiKwik (2009, Gurgaon, $215.4M)
App-based wallet for consumer payments
Hindustan Media Ventures
LATE STAGE
$7.5M - Series C
ShipRocket (2012, Delhi, $28.6M)
Provider of AI-based automated shipping management
tools for e-commerce
March Capital, Tribe Capital
LATE STAGE
$21.0M - Series C
DealShare (2018, Jaipur, $35.3M)
App-based buying platform for multi-category
consumer products
WestBridge, Z3Partners, Omidyar Network India,
Falcon Edge Capital, Matrix Partners India
LATE STAGE
$40.0M - Series C
Cuemath (2011, Bangalore, $67.2M)
Provider of live online classes for school students
LGT Lightstone, Falcon Edge Capital, CapitalG, Sequoia
Capital, Manta Ray
LATE STAGE
$100.0M - Series D
Josh (2020, Bangalore, $100.0M)
Social platform for sharing short videos
Google, Microsoft
LATE STAGE
$160.0M - Series D
Zenoti (2010, Bellevue, $251.0M)
Cloud based Salon business management software
Advent International, Tiger Global Management,
Steadview Capital
LATE STAGE
$200.0M - Series D
Katerra (2015, Bangalore, $2.1B)
Provider of end-to-end construction design solutions
SoftBank Group Corp
LATE STAGE
$660.0M - Series J
Zomato (2008, Gurgaon, $1.9B)
Online platform enabling food ordering and delivery
solution
Tiger Global Management, Fidelity Investments, Baillie
Gifford, Mirae Asset, Steadview Capital, and 2 more
38. List of Funding Rounds (2/13)
List of Funding Rounds in India Tech in December 2020
India Tech: List of Funding Rounds
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+), PE
38
LATE STAGE
Series D
Pine Labs (1998, Noida, $357.0M)
POS terminals for businesses & merchants
Lone Pine Capital
LATE STAGE
Series C
Fresh to home (2012, Bangalore, $168.6M)
App-based platform offering raw seafood & meat
delivery
Abu Dhabi Investment Office
EARLY STAGE
$11.8K - Series B
Spice Money (2014, Noida, $15.0M)
Agent-based payment solutions to consumers and
businesses
Sonu sood
EARLY STAGE
$14.9K - Series A
Hirenbhai (2020, Mumbai, $14.9K)
Online marketplace offering multi-category grocery
products
EARLY STAGE
$67.7K - Series A
Ruralbasket (2018, Tirunelveli, $67.7K)
Online platform delivery grocery items from farm to
home
Nativelead
EARLY STAGE
$1.8M - Series A
Pariksha (2014, Pune, $6.9M)
Web based assessment platform
EARLY STAGE
$2.7M - Series B
ZipLoan (2015, Delhi, $19.3M)
App-based platform for business loans
WaterBridge Ventures, Elevation Capital, Matrix
Partners India, Whiteboard Capital
EARLY STAGE
$3.0M - Series A
Signzy (2015, Bangalore, $12.6M)
AI-based digital onboarding & back-office solutions
Vertex Ventures, Stellaris Venture Partners, Kalaari
Capital
EARLY STAGE
$3.4M - Series A
Gramophone (2016, Indore, $11.5M)
App-based platform providing farm input products and
information to the farmers
Siana, Info Edge Ventures, Asha Impact, Better Capital
39. List of Funding Rounds (3/13)
List of Funding Rounds in India Tech in December 2020
India Tech: List of Funding Rounds
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+), PE
39
EARLY STAGE
$3.6M - Series A
HappyDemic (2016, Mumbai, $11.8M)
Online marketplace for booking artists for events
Adelie, Sia Partners
EARLY STAGE
$4.0M - Series A
CoreStack (2016, Bellevue, $15.7M)
Cloud-based IT cloud management platform
Iron Pillar
EARLY STAGE
$4.0M - Series A
Pickrr (2015, Delhi, $4.4M)
On-demand one-stop logistics SaaS company
Guild, Omidyar Network India
EARLY STAGE
$4.0M - Series B
Clovia (2012, Delhi, $25.8M)
Private label lingerie brand
She Capital, Golden Birch Resources
EARLY STAGE
$4.5M - Series A
M1xchange (2017, Gurgaon, $4.5M)
Online platform facilitating the discounting of invoices
and bills of exchange
Beenext, Mayfield
EARLY STAGE
$4.7M - Series A
CoutLoot (2016, Mumbai, $8.5M)
Online marketplace offering multi-category products
Venture Catalysts
EARLY STAGE
$5.2M - Series B
Infinite Uptime (2015, Pune, $11.3M)
Vibration Monitoring solution for manufacturing
Ventureast, GSR Ventures, Global IoT Technology
Ventures, THK, IIML, and 1 more
EARLY STAGE
$5.4M - Series A
Exotel (2011, Bangalore, $6.1M)
Cloud telephony platform for businesses
A91 Partners
EARLY STAGE
$7.0M - Series B
Fisdom (2015, Bangalore, $23.6M)
Robo advisor & wealth management platform
PayU India, Saama Capital, Quona Capital
EARLY STAGE
$9.0M - Series A
RapiPay (2009, Noida, $9.0M)
Agent-based payment solutions for businesses
Dabur India, Sheela Group, ACME Cleantech Solutions,
Naresh Trehan, Puneet Dalmia
40. List of Funding Rounds (4/13)
List of Funding Rounds in India Tech in December 2020
India Tech: List of Funding Rounds
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+), PE
40
EARLY STAGE
$9.5M - Series B
Atomberg (2012, Mumbai, $21.1M)
Manufacturer of smart ceiling fans
A91 Partners, Survam Partners, Trifecta Capital
EARLY STAGE
$13.9M - Series B
CoinDCX (2017, Mumbai, $19.4M)
Cryptocurrency exchange platform
Block.one, Jump Capital, Mehta Ventures,
Uncorrelated Ventures, Coinbase Ventures, and 3 more
EARLY STAGE
$15.0M - Series A
PagarBook (2019, Bangalore, $15.0M)
Contingent workforce management tool
Sequoia Capital, India Quotient
EARLY STAGE
$20.0M - Series B
Infra.Market (2016, Thane, $50.0M)
Online platform to procure construction related
materials
Evolvence India, Sistema Asia Capital, Foundamental,
Accel, Tiger Global Management, and 1 more
EARLY STAGE
$25.1M - Series B
WakeFit (2014, Bangalore, $34.2M)
Internet first brand offering mattresses
Verlinvest, Sequoia Capital
EARLY STAGE
$30.0M - Series B
Tredence (2013, Bangalore, $30.0M)
Provider of technology and analytics solutions to sales
& operations teams
Chicago Pacific Founders
EARLY STAGE
$32.0M - Series B
LeadSquared (2011, Bangalore, $37.7M)
Cloud-based Marketing Automation and Lead
Generation software
Gaja Capital, Stakeboat Capital, Jyoti Bansal
EARLY STAGE
$145.0M - Series B
Glance (2017, Bangalore, $190.0M)
Mobile lock screen content management and
advertising solution
Google, Mithril
EARLY STAGE
Series A
MedFin (2016, Bangalore, $77.0M)
Discovery platform for medical procedures and
financing
HealthXCapital, Blume Ventures, Dream Incubator,
Axilor Ventures
41. List of Funding Rounds (5/13)
List of Funding Rounds in India Tech in December 2020
India Tech: List of Funding Rounds
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+), PE
41
EARLY STAGE
Series A
Ergos Business Solutions (2010, Bangalore,
$10.7M)
Provider of tech-enabled warehousing and supply
chain solutions for farmers
CDC Group
EARLY STAGE
Series A
OnlineSales (2016, Pune)
Provider of AI-driven cross-channel marketing platform
for eCommerce businesses
IvyCap Ventures, Vivek Bhargava, Samrat Zaveri,
Saurabh Dangwal, Ramakant Sharma
SEED STAGE
$100.0K - Seed
qZense Labs (2019, Bangalore, $966.2K)
Provider of an IoT device for food quality check
Indian Angel Network
SEED STAGE
$100.0K - Seed
Godaam (2019, Nashik, $100.0K)
Manufacturer of IoT-device for onion warehouse
climate monitoring
Social Alpha
SEED STAGE
$100.0K - Seed
Cyclops MedTech (2015, Bangalore, $1.2M)
Provider of VR-based eye tracking solution for eye
balancing and testing using AI
Enzia, Indian Angel Network, Molecular Connections
SEED STAGE
$120.0K - Seed
OurEye.ai (2020, Bangalore, $154.0K)
Provider of a cloud & AI-based integrated video
analytics systems
Amara Ventures, 100x
SEED STAGE
$135.8K - Seed
Krayonnz (2016, Bangalore, $135.8K)
Provider of the education management system
GSF, Shashank Kumar
SEED STAGE
$200.0K - Seed
Swipez (2014, Pune, $221.0K)
Cloud-based billing & payments platform for
businesses
Anicut Capital, 9Unicorns, Sanjiv Bajaj, Ashvin Chadha,
Harsh Khanna
SEED STAGE
$266.7K - Seed
YPay Card (2020, Bareilly, $266.7K)
Payment cards for teens
Venture Catalysts, WFC
42. List of Funding Rounds (6/13)
List of Funding Rounds in India Tech in December 2020
India Tech: List of Funding Rounds
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+), PE
42
SEED STAGE
$275.0K - Seed
BiteSpeed (2018, Gurgaon, $275.0K)
Customer engagement and loyalty management
solutions for restaurants
Whiteboard Capital, First Cheque, Upsparks, First
Principles, Ramakant Sharma, and 13 more
SEED STAGE
$300.0K - Seed
Agdhi (2020, Bangalore, $300.0K)
Provider of sustainable solutions and methods for
agriculture using digital technology
Sangam Ventures
SEED STAGE
$333.3K - Seed
NeoDocs (2020, Mumbai, $333.3K)
Provider of a platform for lab report analysis for
personal health risk assessment
9Unicorns, Rohit Srivastava, Hemanshu Jain
SEED STAGE
$333.3K - Seed
ElecTorq Technologies (2018, Delhi, $833.3K)
Cloud-enabled solutions for electric micro-mobility
services
9Unicorns
SEED STAGE
$400.0K - Seed
Chupps (2019, Mumbai, $400.0K)
Internet-first brand of flip flops for men and women
Venture Catalysts, Gunavanth Vaid, Amit Mehta, Aniket
Gore
SEED STAGE
$400.0K - Seed
Kosh (2019, Noida, $525.0K)
Savings platform for employers
9Unicorns
SEED STAGE
$400.0K - Seed
Qin1 (2019, Noida, $1.1M)
Subscription-based online tutoring solutions provider
Venture Catalysts
SEED STAGE
$400.0K - Seed
Bolo Indya (2019, Gurgaon, $1.0M)
Online platform to discuss and share knowledge
Inflection Point Ventures, Eagle10 Ventures
SEED STAGE
$400.0K - Seed
Freecultr (2011, Delhi, $13.4M)
Internet first brand of men's inner-wear
9Unicorns, Venture Catalysts
43. List of Funding Rounds (7/13)
List of Funding Rounds in India Tech in December 2020
India Tech: List of Funding Rounds
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+), PE
43
SEED STAGE
$433.0K - Seed
ChargeZone (2018, Vadodara, $1.7M)
Electric vehicle charging solutions provider
Mumbai Angels
SEED STAGE
$450.0K - Seed
PlayTooMe (2016, Bangalore, $1.9M)
Live video streaming platform with e-ticketing
9Unicorns, Venture Catalysts
SEED STAGE
$475.4K - Angel
Cover It Up (2013, Chennai, $475.4K)
Online platform offering multi-category merchandise
products
Sanjay wadhwa, Manish Mardia, Vimal Jain, Nishank
Sakaria, Madan Lal Gundecha
SEED STAGE
$500.0K - Seed
ElecTorq Technologies (2018, Delhi, $833.3K)
Cloud-enabled solutions for electric micro-mobility
services
9Unicorns, Venture Catalysts
SEED STAGE
$560.0K - Seed
Callify (2011, Mumbai, $560.0K)
Cloud-based candidate screening platform
Malpani Ventures, Marwari Angels, Calega, Venture
Catalysts, The Chennai Angels
SEED STAGE
$596.9K - Seed
HappyLocate (2015, Ahmedabad, $646.9K)
Online platform offering relocation services
Inflection Point Ventures
SEED STAGE
$611.7K - Seed
MyClassboard (2009, Hyderabad, $611.7K)
Cloud-based enterprise resource planning software for
schools
ICICI Bank
SEED STAGE
$612.8K - Seed
qZense Labs (2019, Bangalore, $966.2K)
Provider of an IoT device for food quality check
Venture Catalysts, Lumis Partners, Entrepreneur First,
The Chennai Angels, 9Unicorns, and 2 more
SEED STAGE
$679.0K - Seed
FoodyBuddy (2015, Bangalore, $3.0M)
Mobile app to order food from home chefs
Rebel Foods
44. List of Funding Rounds (8/13)
List of Funding Rounds in India Tech in December 2020
India Tech: List of Funding Rounds
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+), PE
44
SEED STAGE
$733.3K - Seed
Extraaedge.com (2014, Pune, $1.8M)
Cloud-based enterprise resource planning software
provider for schools
9Unicorns
SEED STAGE
$746.4K - Seed
SAWO (2020, Mumbai, $780.4K)
Secure authentication solution for apps and websites
Startupxseed Ventures
SEED STAGE
$750.0K - Seed
Ethereum Push Notification Service (2020,
Mumbai, $750.0K)
Cloud-based push notification solutions provider
MetaCartel Ventures, Balaji Srinivasan, Kenneth Ng,
Scott Moore, Mariano Conti, and 11 more
SEED STAGE
$750.0K - Seed
TagMango (2019, Mumbai, $900.0K)
Online platform offering personalized video message
Y Combinator, Pioneer Fund, , Kelvin Lin
SEED STAGE
$750.0K - Seed
AlmaConnect (2011, Gurgaon, $818.2K)
Web-based platform to create socio-professional
alumni networks
9Unicorns, Venture Catalysts
SEED STAGE
$800.0K - Seed
Henry and Smith (2013, Delhi, $1.8M)
Private label brand offering fashion products for men
Venture Catalysts
SEED STAGE
$800.0K - Seed
IMAGINxP (2015, Pune, $800.0K)
User Interface design training
Venture Catalysts
SEED STAGE
$933.3K - Seed
Stage (2005, , $2.2M)
Online platform for streaming stand-up videos
Venture Catalysts
SEED STAGE
$933.3K - Seed
Zingbus (2019, Gurgaon, $1.7M)
App-based intercity bus ticket booking platform
9Unicorns
SEED STAGE
$933.3K - Seed
CreditEnable (2016, London, $8.7M)
Online marketplace for business loans
Venture Catalysts
45. List of Funding Rounds (9/13)
List of Funding Rounds in India Tech in December 2020
India Tech: List of Funding Rounds
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+), PE
45
SEED STAGE
$1.0M - Seed
Bombay Play (2018, Bangalore, $2.5M)
Game development company specializing in casino
games
Lumikai, Playco, Leo Capital
SEED STAGE
$1.0M - Seed
TaxBuddy (2019, Mumbai, $1.0M)
Online tax preparation services for individuals and
businesses
Zenith Global
SEED STAGE
$1.0M - Seed
BHIVE Workspace (2014, Bangalore, $3.7M)
Provider of managed co-working spaces
SEED STAGE
$1.0M - Angel
GigIndia (2016, Pune, $2.2M)
Online platform offering micro-jobs and internships to
students
Anjali Bansal, Vineet Patni
SEED STAGE
$1.2M - Seed
5C Network (2014, Bangalore, $1.2M)
Provider of cloud-based teleradiology solutions to
hospitals and physicians
Unitus Ventures, Axilor Ventures
SEED STAGE
$1.4M - Seed
CSC Grameen eStore (2020, Delhi, $1.4M)
Online digital ordering and delivering platform for
multi-category products in rural areas
Tata Group
SEED STAGE
$1.5M - Seed
Ion Energy Labs (2016, Mumbai, $1.0M)
AI enabled platform offering battery management
system
9Unicorns, Venture Catalysts
SEED STAGE
$1.9M - Seed
Pariksha (2014, Pune, $6.9M)
Web based assessment platform
9Unicorns
SEED STAGE
$2.0M - Seed
Vauld (2018, Bangalore, $2.5M)
Financial services for cryptocurrencies
Pantera Capital, LuneX Ventures, , gumi Cryptos, CMT
Digital, and 5 more
46. List of Funding Rounds (10/13)
List of Funding Rounds in India Tech in December 2020
India Tech: List of Funding Rounds
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+), PE
46
SEED STAGE
$2.3M - Seed
Loop Health (2018, Pune, $2.4M)
Provider of employee benefit management platform
for insurance
Sierra Ventures, Soma Capital, Y Combinator, Daniel
Burka, Kevin Lin, and 3 more
SEED STAGE
$2.7M - Seed
IGP.com (2001, Noida, $4.8M)
Online retail gifting platform
9Unicorns
SEED STAGE
$2.8M - Seed
Fitterfly (2016, Mumbai, $2.8M)
Provider of an online app for children's fitness solution
9Unicorns
SEED STAGE
$2.8M - Seed
Freightbro (2016, Mumbai, $3.4M)
Provider of cloud-based software solutions for freight
forwarders
9Unicorns, Venture Catalysts
SEED STAGE
$2.8M - Seed
Prescinto (2016, Ahmedabad, $2.8M)
Provider of solutions for solar monitoring and analytics
solutions
Venture Catalysts, 9Unicorns, Rohit Chanana
SEED STAGE
$3.0M - Seed
Junio (2020, Delhi, $3.0M)
Expense management platform for children
SEED STAGE
Seed
Hudle (2015, Delhi)
Online sports venues and events booking platform
Survam Partners, Amandeep
SEED STAGE
Seed
SuperBeings (2019, Bangalore)
Employee experience and performance management
solution
Axilor Ventures
SEED STAGE
Seed
Agrify Organics (2019, Mumbai)
Online marketplace offering organic agriculture
produce
NMIMS
47. List of Funding Rounds (11/13)
List of Funding Rounds in India Tech in December 2020
India Tech: List of Funding Rounds
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+), PE
47
SEED STAGE
Seed
EWar (2019, Bangalore, $200.0K)
Real money esports gaming platform
Inflection Point Ventures, Hyderabad Angels, Eximius,
JITO Incubation & Innovation Foundation, Pearl
Agarwal, and 1 more
SEED STAGE
Seed
Gamerji (2018, Ahmedabad, $400.0K)
Real money based gaming platform
Unicorn India Ventures
SEED STAGE
Seed
FreeStand (2017, Delhi)
Digital product sampling solutions
SucSEED Indovation
SEED STAGE
Seed
Recykal (2016, Hyderabad, $2.0M)
Provider of cloud based solid waste recycling solutions
SEED STAGE
Seed
Clergo (2016, Bangalore)
Cloud-based team communications software provider
Axilor Ventures
SEED STAGE
Seed
Helicrofter (2020, Mumbai)
Online platform selling crop inputs, pesticides,
fertilizers and equipment
Axilor Ventures
SEED STAGE
Seed
ArtiVatic (2017, Bangalore, $414.8K)
AI-based software suite for insurance brokers & health
businesses
Scale Ventures, Indian Angel Network
SEED STAGE
Seed
Kopykitab (2013, Bangalore, $3.3M)
Online platform to rent/buy eBooks
Pactolus Ventures, Paula Mariwala, Jeenendra
Bhandari, Mohit Dubey, Manoj Mehta, and 1 more
SEED STAGE
Seed
Stargate (2020, Bangalore)
Online B2B platform offering fashion accessories
SucSEED Indovation
48. List of Funding Rounds (12/13)
List of Funding Rounds in India Tech in December 2020
India Tech: List of Funding Rounds
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+), PE
48
SEED STAGE
Angel
Oneiric (2020, Mohali)
Mobile game developer focusing on casual games
Trishneet Arora
SEED STAGE
Seed
GoPik (2017, Bhubaneswar)
Provider of last-mile eCommerce delivery services
SEED STAGE
Seed
Peer Robotics (2019, Delhi)
Developer of robots for warehouse automation
Axilor Ventures
SEED STAGE
Seed
eShipz (2019, Bangalore)
Provider of cloud-based shipping solutions for SMBs &
Enterprises
Axilor Ventures
SEED STAGE
Seed
TOPPEQ (2019, Mumbai)
Cloud-based workflow management platform for
investors and startups
Vaillant Capital, Eredene Capital, Kunal Bajaj
SEED STAGE
Seed
Metvy (2018, Gurgaon, $11.5K)
AI assisted social platform for professional interests
HostelFund
SEED STAGE
Seed
Voosh (2020, Bangalore)
Provider of virtual restaurant chain solution
Better Capital, Hitesh Ahuja, Anuj Rathi, Ashish
Chatterjee, Sundeep Teki, and 2 more
SEED STAGE
Seed
Agrify Organics (2020, Mumbai)
Platform offering organic fruits and vegetables
SEED STAGE
Seed
CreditNirvana (2019, Bangalore)
AI-enabled debt collection service
SEED STAGE
Seed
Gen Y Labs (2016, Hyderabad, $700.0K)
Social monitoring and analytics solutions for businesses
SucSEED Indovation
SEED STAGE
Seed
Fleeca (2015, Jaipur)
Fleet and cargo management application
Bridgestone India
49. List of Funding Rounds (13/13)
List of Funding Rounds in India Tech in December 2020
India Tech: List of Funding Rounds
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+), PE
49
SEED STAGE
Seed
Doctors Bazaar (2011, Ernakulam)
Provider of an online marketplace for medical
equipment and devices
Axilor Ventures
50. New Investors (1/2)
List of New Investors in India Tech in December 2020
India Tech: List of New Investors
50
Investor Company Info Round Amount Round Name
Uncorrelated Ventures
9 portfolio companies | Venture capital focused on infrastructure software
companies
CoinDCX
Cryptocurrency exchange platform
$13.90M Series B
Playco
1 portfolio companies | Developer of social web games
Bombay Play
Game development company specializing in casino games
$1.00M Seed
Vaillant Capital
1 portfolio companies | Investment management firm
TOPPEQ
Cloud-based workflow management platform for investors and startups
Undisclosed Seed
Malpani Ventures
1 portfolio companies | Angel network focused on multiple sectors
Callify
Cloud-based candidate screening platform
$560K Seed
Sheela Group
1 portfolio companies | Manufacturer of PU foam for multiple industries
RapiPay
Agent-based payment solutions for businesses
$9.00M Series A
ACME Cleantech Solutions
1 portfolio companies | Energy Management solutions developer
RapiPay
Agent-based payment solutions for businesses
$9.00M Series A
Molecular Connections
1 portfolio companies | Data mining for drug discovery companies, database
and analytics
Cyclops MedTech
Provider of VR-based eye tracking solution for eye balancing and testing
using AI
$100K Seed
NMIMS
1 portfolio companies | Privately held higher education institution
Agrify Organics
Online marketplace offering organic agriculture produce
Undisclosed Seed
Eredene Capital
1 portfolio companies | Private equity investment firm
TOPPEQ
Cloud-based workflow management platform for investors and startups
Undisclosed Seed
Adelie
5 portfolio companies | Venture capital fund focused on tech startups
HappyDemic
Online marketplace for booking artists for events
$3.62M Series A
51. New Investors (2/2)
List of New Investors in India Tech in December 2020
India Tech: List of New Investors
51
Investor Company Info Round Amount Round Name
Marwari Angels
1 portfolio companies | Angel network focused on tech startups
Callify
Cloud-based candidate screening platform
$560K Seed
Bridgestone India
1 portfolio companies | Manufacturer & supplier of automotive tyres
Fleeca
Fleet and cargo management application
Undisclosed Seed
Golden Birch Resources
1 portfolio companies | Provider of gold and copper exploration services
Clovia
Private label lingerie brand
$4.00M Series B
3ea.in
1 portfolio companies | Business Consultant | Consulting Firms | Management
Consulting | 3EA
Hirenbhai
Online marketplace offering multi-category grocery products
$14.91K Series A
GSR Ventures
32 portfolio companies | Venture capital fund focused on tech startups
Infinite Uptime
Vibration Monitoring solution for manufacturing
$5.15M Series B
gumi Cryptos
12 portfolio companies | Blockchain and crypto VC fund
Vauld
Financial services for cryptocurrencies
$2.00M Seed
CoinShares
2 portfolio companies | CoinShares | Digital Asset Investment Strategies for
Professionals 🚀
Vauld
Financial services for cryptocurrencies
$2.00M Seed
DIGITAL GOLD LABORATORY
1 portfolio companies | DIGITAL GOLD LABORATORY
CoinDCX
Cryptocurrency exchange platform
$13.90M Series B
newformcap.com
1 portfolio companies | New Form Capital
Vauld
Financial services for cryptocurrencies
$2.00M Seed
WFC
1 portfolio companies | Fundraising platform for startups
YPay Card
Payment cards for teens
$267K Seed
52. 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.
52
Rank Business Model $ Funding # Rounds Top Funding Round
1 ▲13 Online Self Paced Test Preparation Courses $1.7B 15 BYJU'S | $501M | Series H
2 ▲39 Online Food Delivery $1.4B 9 Zomato | $660M | Series J
3 ▼-1 Digital Wallets $771M 7 PhonePe | $700M | Unattributed
4 -- Internet First Child Care Products Brands $300M 1 FirstCry | $300M | Series E
5 ▲15
Sales Force Automation > CRM > Enterprise Suite > Multi-
Industry
$282M 2 Freshworks | $250M | Series I
6 ▲15 Customer Service Software $250M 1 Freshworks | $250M | Series I
7 ▲15 MarketingTech > Suite $250M 1 Freshworks | $250M | Series I
8 -- Datacenter Colocation $235M 2 NXTRA DATA | $235M | Series D
9 ▼-6 Building Information Modeling $200M 1 Katerra | $200M | Series D
10 ▲34 Second Hand Car C2B Platform $200M 1 CARS24 | $200M | Series E
53. New Analyst Picks (1/9)
Interesting Companies identified by Analysts in India Tech in December 2020
India Tech: Analyst Picks
53
Upgraded to UNICORN
Glance (2017, Bangalore, $145M, Series B)
Mobile lock screen content management and
advertising solution
Google,Mithriland
Upgraded to UNICORN
DailyHunt (2007, Bangalore, $100M, Series G)
Aggregator of news in Indian regional languages
Arun Sarin, , Bytedance and 19 other Investors
Upgraded to UNICORN
Zenoti (2010, Bellevue, $160M, Series D)
Cloud based Salon business management software
Avataar Ventures, Tiger Global Management,
Steadview Capital and 3 other Investors
Upgraded to SOONICORN
Cuemath (2011, Bangalore, $40.0M, Series C)
Provider of live online classes for school students
Manta Ray, Unitus Ventures, LGT Lightstone and 6
other Investors
Upgraded to SOONICORN
Infra.Market (2016, Thane, $20.0M, Series B)
Online platform to procure construction related
materials
Bijal Morbia, Trifecta Capital, Tiger Global
Management and 13 other Investors
Upgraded to SOONICORN
Josh (2020, Bangalore, $100M, Series D)
Social platform for sharing short videos
Google,Microsoftand
Upgraded to SOONICORN
MedFin (2016, Bangalore, Undisclosed, Series A)
Discovery platform for medical procedures and
financing
S.D. Shibulal, Axilor Ventures, CreedCap Asia Advisors
and 6 other Investors
Upgraded to MINICORN
Clovia (2012, Delhi, $4.0M, Series B)
Private label lingerie brand
Ved Prakash, Ravi Dhariwal, Golden Birch Resources
and 12 other Investors
Upgraded to MINICORN
DealShare (2018, Jaipur, $21.0M, Series C)
App-based buying platform for multi-category
consumer products
SuprValue, Srinivas Anumolu, Omidyar Network and 31
other Investors
Upgraded to MINICORN
Exotel (2011, Bangalore, $5.4M, Series A)
Cloud telephony platform for businesses
Blume Ventures, Ravi Kiran, Nageswara Rao Vellanki
Bala and 30 other Investors
Upgraded to MINICORN
Tredence (2013, Bangalore, $30.0M, Series B)
Provider of technology and analytics solutions to sales
& operations teams
Chicago Pacific Foundersand
54. New Analyst Picks (2/9)
Interesting Companies identified by Analysts in India Tech in December 2020
India Tech: Analyst Picks
54
Upgraded to MINICORN
Ergos Business Solutions (2010, Bangalore, $4.5M,
Series A)
Provider of tech-enabled warehousing and supply
chain solutions for farmers
Chiratae Ventures, Aavishkaar Capital, Gautam Gupta
and 2 other Investors
Upgraded to MINICORN
GigIndia (2016, Pune, $1.0M, Angel)
Online platform offering micro-jobs and internships to
students
Incubate Fund India, Vineet Patni, S. Ramadorai and 18
other Investors
Upgraded to MINICORN
Pariksha (2014, Pune, $1.8M, Series A)
Web based assessment platform
Pravin Kumar Bansal, Syam V, Deepa Bhatia and 31
other Investors
Upgraded to MINICORN
Kopykitab (2013, Bangalore, Undisclosed, Seed)
Online platform to rent/buy eBooks
Paula Mariwala, Tufail Khan, Suresh Asrani and 44
other Investors
Upgraded to MINICORN
FoodyBuddy (2015, Bangalore, $39.1K, Angel)
Mobile app to order food from home chefs
Vinod Shankar, Rebel Foods, Anshumani Ruddra and 3
other Investors
Upgraded to MINICORN
PagarBook (2019, Bangalore, Undisclosed, Series A)
Contingent workforce management tool
Alpha Technologies, Surge, India Quotient and 1 other
Investors
Upgraded to MINICORN
RapiPay (2009, Noida, $9.0M, Series A)
Agent-based payment solutions for businesses
Naresh Trehan, Sheela Group, Dabur India and 3 other
Investors
Upgraded to MINICORN
Prescinto (2016, Ahmedabad, $2.8M, Seed)
Provider of solutions for solar monitoring and analytics
solutions
9Unicorns,Rohit Chanana,Venture Catalystsand
Added to Editor's Pick
Pickrr (2015, Delhi, $4.0M, Series A)
On-demand one-stop logistics SaaS company
Akshay Goel, Rakesh Talwar, Swastika and 11 other
Investors
Added to Editor's Pick
Bombay Play (2018, Bangalore, $1.0M, Seed)
Game development company specializing in casino
games
Leo Capital, 10000 Startups, Karnataka Startup Cell and
4 other Investors
Added to Editor's Pick
Cyfuture (2001, Noida, $137K, Seed)
Provider of IT service suite solutions and BPO services
Rajasthan Venture Capital Fundand
Added to Editor's Pick
Printland (2011, Delhi, $898K, Seed)
Online retail portal for custom printed products
Amit Jain, Ayush Pahuja, Yogesh Katarya and 11 other
Investors
55. New Analyst Picks (3/9)
Interesting Companies identified by Analysts in India Tech in December 2020
India Tech: Analyst Picks
55
Added to Editor's Pick
Masai School (2019, Bangalore, $2.5M, Seed)
Provider of job-oriented software training services
M V Krishnan, Unitus Ventures, Chetan Bohra and 5
other Investors
Added to Editor's Pick
Transerve (2009, Panaji, $1.6M, Series A)
Field data collection software for spatial and non-
spatial data
Centre for Incubation & Business Acceleration, IIML,
IL&FS Investment Managers and 3 other Investors
Added to Editor's Pick
Panacea Medical Technologies (1998, Bangalore,
$1.9M, Series B)
Medical equipment for radiotherapy and radiology
BIRAC, IIML, Infrastructure Leasing & Financial Services
and 2 other Investors
Added to Editor's Pick
Zimyo (2018, Gurgaon, $1.5M, Seed)
Human resource management software
Sayali Karanjkar, Aveg Agarwal, Abhishant Pant and 12
other Investors
Added to Editor's Pick
Remidio (2009, Bangalore, $10.0K, Grant (prize
money))
Manufacturers of medical technology products for
ophthalmic speciality
Caspian, Dhanesh Shah, MedTech Innovator and 10
other Investors
Added to Editor's Pick
Gen Y Labs (2016, Hyderabad, Undisclosed, Seed)
Social monitoring and analytics solutions for businesses
Devdatt Shah, Chandra Shekhar Reddy, Mohan Lal
Khurana and 14 other Investors
Added to Editor's Pick
reliancesmartmoney.com (2005, Mumbai,
Unfunded)
Robo advisor and wealth management platform
Added to Editor's Pick
5C Network (2014, Bangalore, $1.2M, Seed)
Provider of cloud-based teleradiology solutions to
hospitals and physicians
Axilor Ventures, IIM Calcutta Innovation Park, Villgro
and 2 other Investors
Added to Editor's Pick
Plezmo (2016, Pune, $978K, Seed)
DIY kits for kids to learn programming
Tanay Tayal, Hemant Sambhaji Borase, Supreeta Arya
and 13 other Investors
Added to Editor's Pick
Extraaedge.com (2014, Pune, $733K, Seed)
Cloud-based enterprise resource planning software
provider for schools
Pune Angels, Krishna Kumari Godla, Pritam Baldota and
35 other Investors
Added to Editor's Pick
MissMalini (2008, Mumbai, $1.5M, Seed)
Online platform offering lifestyle & entertainment
content
Orios Venture Partners, Naveen Wadhera, New
Enterprise Associates and 14 other Investors
Added to Editor's Pick
Cyclops MedTech (2015, Bangalore, $100K, Seed)
Provider of VR-based eye tracking solution for eye
balancing and testing using AI
Molecular Connections, Indian Angel Network, Shanti
Mohan and 8 other Investors
56. New Analyst Picks (4/9)
Interesting Companies identified by Analysts in India Tech in December 2020
India Tech: Analyst Picks
56
Added to Editor's Pick
KyePot (2015, Bangalore, Undisclosed, Seed)
Group-savings and investment platform
GrowX Venture Management, 8i, Bharat Inclusion
Initiative and 3 other Investors
Added to Editor's Pick
Trinity Mobility (2011, Bangalore, Undisclosed,
Seed)
IoT platform for connected devices for multiple
applications
Honeywelland
Added to Editor's Pick
ERPNext (2008, Mumbai, $1.3M, Seed)
Cloud based open source ERP suite for SMBs
Rainmatter Technologyand
Added to Editor's Pick
Kyt (2019, Bangalore, $2.5M, Seed)
Online platform providing classes for extracurricular
learning
Amrish Rau, Titan Capital, Jitendra Gupta and 5 other
Investors
Added to Editor's Pick
New Street Technologies (2017, Bangalore, $2.0M,
Seed)
Blockchain-based loan life cycle management suite
Mohit Davar, Mohit Davar, M V Subbiah and 4 other
Investors
Added to Editor's Pick
Cover It Up (2013, Chennai, $475K, Angel)
Online platform offering multi-category merchandise
products
Sanjay wadhwa, Madan Lal Gundecha, Nishank Sakaria
and 2 other Investors
Added to Editor's Pick
Innov4Sight Health (2014, Bangalore, Undisclosed,
Grant (prize money))
Learning Management and predictive analytics solution
for healthcare providers
Jyoti Matalia, Krishnan Sadasivan, Jayashree
Vishwanath and 22 other Investors
Added to Editor's Pick
Studyroom (2020, Bangalore, Undisclosed, Seed)
Provider of online tutoring platform for school
students
Added to Editor's Pick
TaxBuddy (2019, Mumbai, $1.0M, Seed)
Online tax preparation services for individuals and
businesses
Zenith Globaland
Added to Editor's Pick
CSC Grameen eStore (2020, Delhi, $1.4M, Seed)
Online digital ordering and delivering platform for
multi-category products in rural areas
Tata Groupand
Added to Editor's Pick
TILTLABS (2014, Thiruvananthapuram, Unfunded)
Provider of AR/VR based industrial solutions
Added to Editor's Pick
One Direct (2013, Delhi, Unfunded)
Cloud-based customer support software for
enterprises
American Express Ventures,RTP Globaland
57. New Analyst Picks (5/9)
Interesting Companies identified by Analysts in India Tech in December 2020
India Tech: Analyst Picks
57
Added to Editor's Pick
Indian Train Status (2016, Kozhikode, Unfunded)
App-based platform to check live train status
Added to Editor's Pick
OpsTree (2014, Noida, Unfunded)
End to End DevOps Solutions
Added to Editor's Pick
Hudle (2015, Delhi, Undisclosed, Seed)
Online sports venues and events booking platform
Survam Partners,Amandeepand
Added to Editor's Pick
Finsall (2018, Noida, $329K, Seed)
Insurance premium financing for consumers
Seafund, Karthik Sridhar, Unicorn India Ventures and 2
other Investors
Added to Editor's Pick
AlgoBulls (2019, Mumbai, $270K, Seed)
Algorithmic trading strategies
Venture Catalystsand
Added to Editor's Pick
Turnip (2020, Bangalore, Unfunded)
Mobile game live streaming platform
Elevation Capitaland
Added to Editor's Pick
SAWO (2020, Mumbai, $34.0K, Seed)
Secure authentication solution for apps and websites
100x,Startupxseed Venturesand
Added to Editor's Pick
Stackby (2017, Surat, Unfunded)
Real-time workflow collaboration & automation
platform
Added to Editor's Pick
Indian Music Player (2020, Pune, Unfunded)
App-based music player
Added to Editor's Pick
LimeChat (2020, Faridabad, Unfunded)
Provider of an AI chatbot for eCommerce applications
Titan Capitaland
Added to Editor's Pick
Sparrosense (2019, Gurgaon, $293K, Seed)
AI-based supervisory monitoring solution
Rajat Harlalka, Rajesh Sawhney, Chingusa Honda and 8
other Investors
Added to Editor's Pick
HUVIAiR (2015, Bangalore, $51.1K, Seed)
Provider of drone-based data insights for multiple
industries
RMZ Corp, Appyhigh, Dinesh Mohan Prasad and 16
other Investors
58. New Analyst Picks (6/9)
Interesting Companies identified by Analysts in India Tech in December 2020
India Tech: Analyst Picks
58
Added to Editor's Pick
Spocto (2014, Bangalore, Unfunded)
Stealth mode customer engagement platform
Added to Editor's Pick
Hangover Studios (2014, Hyderabad, Unfunded)
Mobile game developer specializing in casual games
Added to Editor's Pick
Eroute Technologies (2018, Noida, $500K, Seed)
Card-based consumer-centric payment company with a
mission to redefine spending experiences with real-
time visibility and control
Added to Editor's Pick
DebugsBunny (2020, Pune, $189K, Seed)
Online platform providing coding related learning
courses
Indian Angel Network,S Shivanjali Sagar
Bhosale,Acharya Academyand
Added to Editor's Pick
YPay Card (2020, Bareilly, $267K, Seed)
Payment cards for teens
WFC,Venture Catalystsand
Added to Editor's Pick
Yellow Class (2020, Gurgaon, $1.3M, Seed)
Online platform providing courses related to
extracurricular activities for kids
Alok Mittal, Abhinav Sinha, Dhruv Agarwala and 9
other Investors
Added to Editor's Pick
NeoDocs (2020, Mumbai, $333K, Seed)
Provider of a platform for lab report analysis for
personal health risk assessment
Hemanshu Jain,9Unicorns,Rohit Srivastavaand
Added to Editor's Pick
Junio (2020, Delhi, $3.0M, Seed)
Expense management platform for children
Added to Editor's Pick
Ruralbasket (2018, Tirunelveli, $67.7K, Series A)
Online platform delivery grocery items from farm to
home
Nativeleadand
Added to Editor's Pick
DilSeBol (2006, Chennai, Unfunded)
Online portal to create, buy and gift customized
merchandise
Added to Editor's Pick
Peer Robotics (2019, Delhi, Undisclosed, Seed)
Developer of robots for warehouse automation
Brinc,Axilor Venturesand
Added to Editor's Pick
PLAYit (2018, Gurgaon, Unfunded)
Music player and video downloader application
59. New Analyst Picks (7/9)
Interesting Companies identified by Analysts in India Tech in December 2020
India Tech: Analyst Picks
59
Added to Editor's Pick
Networkbay (2017, Mumbai, Unfunded)
Provider of store operation management solution for
businesses
Added to Editor's Pick
Forbes Technosys (1767, Mumbai, Unfunded)
Provider of payment kiosk machines for consumers
and businesses
Added to Editor's Pick
Smart VERC (1989, Bhopal, Unfunded)
Technical analysis signals for stock investments
Added to Editor's Pick
OurEye.ai (2020, Bangalore, $120K, Seed)
Provider of a cloud & AI-based integrated video
analytics systems
100x,Amara Venturesand
Added to Editor's Pick
Hirenbhai (2020, Mumbai, $14.9K, Series A)
Online marketplace offering multi-category grocery
products
Added to Editor's Pick
CashBook (2020, Gurgaon, Unfunded)
App-based platform for bookkeeping and cash
management solutions to individuals & businesses
Added to Editor's Pick
Taypro (2019, Mumbai, Unfunded)
Provider of solutions for autonomous solar cleaning
robot
Riidland
Added to Editor's Pick
Voosh (2020, Bangalore, Undisclosed, Seed)
Provider of virtual restaurant chain solution
Anuj Rathi, Hitesh Ahuja, Sundeep Teki and 4 other
Investors
Added to Editor's Pick
Flixdrop (2014, Bangalore, $21.6K, Angel)
Provider of cattle health monitoring and dairy farm
management solutions
Heenachauh An, Sayeratasne Em, Padup Ventures and
3 other Investors
Added to Editor's Pick
Fyllo (2019, Bangalore, $34.0K, Seed)
Provider of sensor-based and cloud-based analytical
solutions
100xand
Added to Editor's Pick
Clergo (2016, Bangalore, Undisclosed, Seed)
Cloud-based team communications software provider
Axilor Venturesand
Added to Editor's Pick
COLLABB (2017, Mumbai, Unfunded)
Cloud-based Influencer marketplace solutions provider
60. New Analyst Picks (8/9)
Interesting Companies identified by Analysts in India Tech in December 2020
India Tech: Analyst Picks
60
Added to Editor's Pick
Jetsons Robotics (2018, Delhi, $34.0K, Seed)
Robotic water-less solar cleaning service provider
100xand
Added to Editor's Pick
MyAbhyas (2020, Bangalore, Unfunded)
Provider of a virtual reality-based learning platform
Added to Editor's Pick
Skyesports (2018, Chennai, Unfunded)
Esports league organizer
Added to Editor's Pick
Okulo Aerospace (2019, Bangalore, Unfunded)
Developer of autonomous UAVs
VIT-TBIand
Added to Editor's Pick
Profezzo (2018, Raipur, Unfunded)
Cloud-based legal document management software
provider
36Incand
Added to Editor's Pick
MyOperator (2011, Noida, Unfunded)
Cloud-based telephony tools for business
communications and customer care
Added to Editor's Pick
Magronic Contrivance (2020, Puducherry,
Unfunded)
Online platform providing farming and farm related
products and services
NSRCELand
Added to Editor's Pick
MyIndiaStartUp (2017, Delhi, Unfunded)
Online business registration and accounting services
Added to Editor's Pick
SkillMap (2018, Gurgaon, Unfunded)
Provider of a conversational AI-based lead generation
solution
Added to Editor's Pick
DAI (2019, Chennai, Unfunded)
AI-based data visualization and dashboarding software
solution provider
Added to Editor's Pick
Godaam (2019, Nashik, $100K, Seed)
Manufacturer of IoT-device for onion warehouse
climate monitoring
Social Alphaand
Added to Editor's Pick
Soham ERP Solutions (1988, Ahmedabad,
Unfunded)
Provider of cloud-based pharmacy management
software
61. New Analyst Picks (9/9)
Interesting Companies identified by Analysts in India Tech in December 2020
India Tech: Analyst Picks
61
Added to Editor's Pick
MAWP (2018, Gurgaon, Unfunded)
Provider of pressure vessel 3D designing software
Added to Editor's Pick
Canebot (2019, Pune, Unfunded)
Online platform offering sugarcane-based Aam Panna
NSRCELand
Added to Editor's Pick
Taskmonk Technology (2008, Bangalore,
Unfunded)
Data labelling platform
Added to Editor's Pick
Turing Eastland (2019, Nashik, Unfunded)
Provider of a cleaning device for smart home systems
Added to Editor's Pick
PwDigitas (2019, Ahmedabad, Unfunded)
Provider of IT service suite solutions
Added to Editor's Pick
DoreAl (2019, Bangalore, Unfunded)
Provider of an AI-based platform to develop
applications
Added to Editor's Pick
Pibit.ai (2020, Bangalore, Unfunded)
Provider of a computer vision-based solution to
automate manual data entry and physical inspection
Added to Editor's Pick
Plantix Partner (2020, Indore, Unfunded)
Online B2B marketplace platform offering agricultural
products
62. Acquisitions
List of Acquisitions in India Tech in December 2020
India Tech: Acquisitions
62
Acq. Date Company Acquirer Deal Size
01 Dec 2020
Intellicar(2014, Bangalore)
GPS Tracking Service Provider
TVS Motor Company $2.0M
07 Dec 2020
QuizNext(2018, Bangalore)
Game based revision platform provider
Lead School
09 Dec 2020
Fleapo(2015, Kolkata)
Application development & digital marketing service provider
10 Dec 2020
Pari Robotics(1990, Pune, $8.9M)
Manufacturer of precision automation and robotics products and
technologies
Wipro infra
16 Dec 2020
Chizel(2014, Pune, $0.1M)
Provider of additive manufacturing services for the industrial
applications
truventor.ai
22 Dec 2020
Mobileware Tech(2008, Mumbai)
Software solutions for insurance and banking domain
Kvanto
23 Dec 2020
LivePools(2017, Mumbai, $1.7M)
Online fantasy sports platform
i3 $7.5M
24 Dec 2020
Absolutdata(2001, Alameda, $20.0M)
Advanced analytics company
Infogain
30 Dec 2021
NeoStencil(2014, Gurgaon, $1.0M)
Provider of online test preparation platform
Unacademy
63. Recent News (1/2)
Recent News in India Tech in December 2020
India Tech:News
63
Exit News
.
● Bharti Infratel, Indus Towers merger complete; Vodafone Idea sells Indus stake
for ₹3,760 cr Livemint
.
● Tata Group in advanced talks to buy 80% stake in BigBasket for $ 1.3 bn Business
Standard
.
● Walmart prepares for $10 billion Flipkart IPO early next year Gadgets Now
.
● Oaktree emerges highest bidder for debt-ridden DHFL Deccan Herald
.
● upGrad Acquires The Gate Academy, Forays into the INR 400 Bn Test
Preparation market in India IndianWeb2
.
● BYJU’S Acquires Unitus-Backed Edtech Startup LabinAppInc42
.
● Laurus Labs acquires biotech company Richcore Lifesciences Business Today
.
● AI and Analytics Pioneer Absolutdata Acquired by ChrysCapital-Backed
InfogainAsian News International
.
Fund News
.
● Singapore’s Temasek invests $51m in Indian early-stage VC Info Edge Ventures
● Huddle: Incubated the startup Anand Mahindra said he had been searching for
TIMES NOW
.
● MPL Sets Up Rs 37 Cr Fund for Indian Game Developers, Studios Volanews
.
People News
.
● Flipkart rejigs board, adds CEO Krishnamurthy, Keki Mistry, 2 others Gadgets Now
.
● Flipkart partially spins off PhonePe in $700-m fundraising roundFinancial Express
.
● Oyo lays off 300 employees People Matters
.
● Ola names General Motors veteran Jose Pinheiro to head its global EV biz Deal
Street Asia
.
● Mamaearth Appoints Ex-PolicyBazaar CPO Jayant Chauhan as Chief
Technology & Product Officer IndianWeb2
.
● ShareChat appoints Ajit Varghese as Chief Commercial Officer Adgully
.
● Vedantu appoints Ranjan Sakalley as Head of Engineering & Technology Adgully
64. Recent News (2/2)
Recent News in India Tech in December 2020
India Tech:News
64
● R&M appoints Robert Merki as new CTO CyberMedia India Online
.
Company News
.
● Will Paytm mirror China's digital insurance major Zhong An Online in India
Google
.
● FDA informs Biocon, Mylan of deferred action on Avastin biosimilar license
application Livemint
.
● Prohance Injection, 279.3 Mg/ml, For Pediatric Patients Younger Than Two
Years Receives Fda ApprovalMedical Device News Magazine
.
● Safe Storage to enter packing and moving The Hindu
.
Regulatory News
.
● Ola, Uber Not Cartels, Observes SC In Anti-Competition Petition Over Fares
Inc42
65. Explore more on Tracxn
Explore more about India Tech on Tracxn Platform
India Tech: Explore more on Tracxn Platform
65
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