Photo credit: satyrenko / 123RF.
Pick an industry, any industry. Funding in India’s startups last week ranged from fashion to pharmacy, legal advice to photography.
Koovs
Photo credit: Pixabay.
Fashion shop Koovs has bagged US$16 million from Times Group, among other investors.
The investment, which will boost the startup’s media and advertising access, brings the total amount the company’s raised so far to US$38.4 million. It plans to have US$43.3 million raised by 2018.
This year has brought a bevy of fashion activity, in the form of funding and acquisitions, to India’s fashion sector.
See: Japan’s Gree Ventures makes India debut in Uber for women’s fashion
Aermed
It’d be like having a pharmacy on your doorstep. Photo credit: travelwayoflife.
Pharmacy and lab aggregator Aermed has raised an undisclosed amount in a seed round led by Hitesh Windlass, CEO of pharmaceuticals company Windlass Healthcare, with participation from angels at a Boston-based private equity firm and a global investment bank based in New York.
Launched in January this year, the startup focuses on streamlining ordering and pricing for patients with chronic diseases like diabetes, hypertension, and asthma. It reports 2,500 customers with an 80 percent repeat-use rate. It counts IIM-Calcutta alum Naishadh Sutaria, IIT-Delhi grad Aayush Jindal, former Unilever manager Nandit Pathak, and Ashish Prakash from Sentio among its founders.
Aermed’s customers can place their orders via website, app, phone, or Whatsapp. The company keeps patients’ records, including older prescriptions, lab reports, and past orders. It also reminds its customers to refill their prescriptions by call or message.
See: Why Maverick, Sequoia India injected $15m in e-pharmacy startup
Pictor
Delhi-based early stage startup fund Quarizon has invested in product photography startup Pictor.
The idea for the Mumbai-based company came in November 2015 for founders Neelesh Soni, Siddharth Chilukuri, Gaurav Raj, and Akshay Sathaye. Aimed at enterprises offering products on a mobile app, Pictor uses image processing algorithms and machine learning to offer on-the-spot photo edits that can help boost photo quality without going to a studio. It currently works with the instant delivery wing of Amazon Now and has paying customers from Belgium, the US, and Egypt, as well as in smaller Indian cities.
Pictor’s team comes fresh from another startup attempt, augmented reality and automated product photography business Rhapsody Labs.
See: 16 of Asia’s top photo apps to take on Instagram
Bats on Delivery
Gurgaon-based Bats on Delivery delivers food, groceries, essential toiletries, and services between 7pm and 5am, when it’s dark and maybe not so safe to be walking around outside alone. It’s just raised an angel round of funding from Dedeep Singh, who runs The [V] Spot Cafe Bar, a cafe franchise launched by Channel V.
Founded this year by Carnegie Mellon grad Nitin Grewal and Leena Rahar, Bats on Delivery has outlets in Delhi and Gurgaon. It has online and offline food delivery services, and oversees the food from preparation to delivery. Its menu is mostly north India-inspired.
See: Foodtech startups in India are starving. Funding in the sector hits 5-year low
WorkIndia
Photo credit: Juan Antonio F. Segal.
Blue collar job portal WorkIndia has secured an undisclosed amount from Japanese venture capital investment firm Asuka Holdings, via the latter’s Singapore-based arm Asuka Global.
WorkIndia, operated by Mumbai-based Eloquent Info Solutions, was launched last year. It gained investments in March and a pre-series A round in October last year.
Founded by investment banking executive Kunal Patil (NYU Stern) and Ajay Kumar (IIM-Calcutta), the site helps hire people in positions, including delivery boys, office assistants, and sales executives. It has 60,000 monthly active users and counts HDFC Bank, FedEx, Burger King, and Cafe Coffee Day among its clients.
See: Amid an unemployment crisis, meet the startups throwing a lifeline to millions of Indians
LawRato
Delhi-based legal tech startup LawRato has nabbed an undisclosed amount of pre-series A funding from the Indian Angel Network (IAN). IAN co-founder Alok Mittal led the round.
As part of the deal, IAN members VP Rajesh and Srikant Sastri will join LawRato’s board.
Founded in 2014 by Rohan Mahajan and Nikhil Sarup, LawRato puts together lawyers by specialty and track record to help people find the right person from whom to gain advice. The site is interactive and helps customers connect with verified lawyers. Initial advice is free, and then users can pay and book private consultations. Results are filtered by area of law, city, rating, and experience.
LawRato claims to have over 2,200 lawyers on its platform spread across 200 cities. It is offered in English and Hindi.
This post 6 rising startups in India – Nov 21, 2016 appeared first on Tech in Asia.
from Tech in Asia https://www.techinasia.com/6-rising-startups-india-nov-21-2016
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