Wednesday, September 14, 2016

4 rising startups in India – Sept. 14, 2016

Photo credit: Wikipedia.

Photo credit: Wikipedia.

Quikr makes yet another acquisition this month and another fashion app gains funding in India. An edtech firm and an adtech acquisition further spice up our list of funded startups.

Quikr

Photo credit: Pixabay.

Photo credit: Pixabay.

Classifieds startup Quikr, fresh off its acquisition of a car services company, has made another acquisition – on-demand beauty service StayGlad.

Quikr’s beauty brand AtHomeDiva currently services customers in Bangalore, Delhi, Mumbai, Chennai, Gurgaon, and Hyderabad. As part of the deal, StayGlad’s 100-member team, including its founders, will join AtHomeDiva.

StayGlad was founded in May last year by three IIT-Kharagpur grads – Prateek Jain, Shashank Gupta, and Kavish Desai. It offers over 100 different kinds of services and claims to have served tens of thousands of customers over the past three months.

Quikr previously acquired beauty services startups Salosa and ZapLuk.

Findow

fashion-roposo-red-shoes.jpg-ecommerce

Photo credit: Pixabay.

Fashion discovery app Findow has secured an undisclosed amount of seed funding from Net Media Works director Raj Singh Bhandal.

The investment follows a trail of fashion startup investments in India over the past few weeks.

Findow helps users find shops, boutiques, retailers, designers, and stylists. It was founded in July this year by Zarine Ahmad Bajaj and Himanshu Kumar.

The startup plans on focusing its expansion in first and second-tier cities.

Stoodnt

Photo credit: Betterment.

Photo credit: Betterment.

Edtech firm Stoodnt has bagged US$300,000 in seed funding led by Google India managing director Rajan Anandan. Other participating investors remained undisclosed.

The startup, based in California, entered India last year and has an office in Coimbatore. It helps students gain admission to universities in the US and Canada. It connects students to college and college counselors, and claims to have helped over 1,000 students so far.

Ajay Singh, Yuri Punj, Sena Palanisami, and Ramdas Sunder founded the startup last year. Stoodnt has helped students get into Harvard, Stanford, Yale, and Cornell.

Inuxu

Photo credit: Pixabay.

Photo credit: Pixabay.

Adtech firm Fork Media has acquired a majority stake (51 percent) in Adgebra (Inuxu). The cash and equity deal went through for US$3 million. Rohit Bagad founded Pune-based Inuxu in March 2013.


We’ve been bringing you cool Indian startups lately. Check them out here.

This post 4 rising startups in India – Sept. 14, 2016 appeared first on Tech in Asia.



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