Photo credit: terra2024 / 123RF.
A platform for house hunters, a hiring site, a healthtech startup, and two edtech startups all have places on our list of funded businesses. Meanwhile, a construction materials company with an interesting connection to real estate nabs an investment, and an acquisition goes through to upgrade some rides.
NoBroker
Photo credit: Pexels.
NoBroker, which helps people find, buy, and rent property, has raised funding from angel investor Anand Chandrasekaran. The amount was undisclosed.
NoBroker raised its series B round in February this year. The US$10 million round brought the total amount of funding in the startup to US$13 million.
Founded by Amit Agarwal and Akhil Gupta in 2014, who were driven by their own bad experiences with brokers, the company can aid in finding places – including PG’s or hostels – in Mumbai, Bangalore, Pune, and Chennai. It is available online and on Google Play.
FloCareer
Hiring site Flocareer has secured US$150,000 in seed funding from Balasubramanian Krishnamurthy, former vice president of engineering of SAP, and Sidhartha Hazarika from the US.
Flocareer aggregates crowd mentoring, self-learning, and interview offloading for employees and job seekers. After analyzing hirees’ abilities, career aspirations, and current needs of companies on its FloPlatform, it will match them with job applicants. Flocareer will also include a mentor to further develop the hiree’s skills.
“In the present scenario, there is a huge demand for skilled talent, but finding the right resource for the company and looking for an aspiring applicant finding a job that matches their strengths has become a herculean task,” said CEO and co-founder Mehul Bhatt in a statement.
The IIT grad co-founded the startup in November last year.
Alterna Care
Photo credit: ximagination / 123RF.
Healthtech care-on-call startup Alterna Care has raised US$500,000 in seed funding from Delhi-based early stage incubator, accelerator, and venture fund Eros Labs.
The company offers physician consulting – through mobile or desktop web, voice call, SMS, and Whatsapp-like chat platforms – with homeopathic or allopathic doctors. Patients can book an appointment, pay, and consult with experts. Its AlternaAssist platform claims to keep healthcare records secure.
“Unlike other industries, in healthcare, majority of the people require personal handholding right from the diagnosis at the primary care level to the best treatment at the tertiary care level,” said co-founder Abhishek Dwivedi in a statement.
Abhishek, who is also an investor with the Stern Fisher Angel Network, co-founded the startup this year. He previously served as the head of business development with Healthkart and has also co-founded SBD solutions in December 2012 and exited in 2015.
Quikr
QuikrCars, under classifieds portal Quikr, has acquired Bangalore-based car services company Stepni.
Founded in October 2015 by IIM-Bangalore grad Vinay Singh and IIM-Ahmedabad alumnus Nikhil Nair, Stepni helps connect those in need of car repairs with providers who are closest to them. QuikrCar consumers will be able to show services for vehicles within 5 kms of their locations.
Quikr claims to have 1.5 million cars across India on QuikrCars.
BuildTraders
Photo credit: Pexels.
Online construction materials marketplace BuildTraders has raised US$200,000 in funding from Dubai-headquartered existing investor Idein Ventures.
BuildTraders acquired bachelor housing startup Cozilla in July. Ranjeet Gakhare quit Cozilla in March to found BuildTraders, and Cozilla’s founders Yogesh Pawde, Aditya Joshi, and Shubham Choudhary joined the BuildTraders team post-acquisition.
BuildTraders currently provides materials like sand, steel, TMT, cement, bricks and blocks to its customers. It hopes to expand to providing items like marble, granite, and other plumbing and electrical materials.
TopRankers
Test prep startup TopRankers has raised over US$700,000 from CareerNet Consulting and Ideation Initiative.
According to co-founder Gaurav Goel, the startup’s services are available in 10 cities, and the company plans on expanding to 50 more over the next six to eight months. It has a team of 40 that works with 60 other freelancers. Over the next 12 to 18 months, it wants to grow its number of users from 50,000 to 500,000.
Founded in 2014 by Gaurav, Malay Sarkar, Mehbub Hussain, Harish Goswami, and Himanshu Joshi, the company helps students prepare for law, banking, and public service exams.
Prozo
Photo credit: Pexels.
Edtech startup Prozo, a site for buying and selling study material, has bagged US$315,000 in pre-series A funding from London-based Earlsfield Capital, as well as Delhi businessmen Sailender Solanki and Rajiv Solanki. Together, the investors picked up a 7.34 percent stake in the startup.
Global Edu4Share operates Prozo, which was founded by Ashvini Jakhar and Jerry Jose in 2014. The startup has a mobile app through which users can order study materials. It also connects students studying for standardized exams with those who have taken the tests before.
Converted from Indian rupees. US$1 = INR 66.48
This post 7 rising startups in India – Sept. 8, 2016 appeared first on Tech in Asia.
from Tech in Asia https://www.techinasia.com/7-rising-startups-india-sept-8-2016
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