Monday, December 12, 2016

8 rising startups in India – Dec 13, 2016

HR analytics startup InFeedo team

HR analytics startup InFeedo team

Three fashion startups hog the limelight. But IoT, HR analytics, SaaS, and healthcare also make the cut in today’s roundup of rising startups in India.

UrbanPiper

UrbanPiper helps hyperlocal retailers and restaurants embrace the digital age. Its suite provides white label apps and websites (which can rebranded by clients). It also helps track payments and customer engagement for actionable insights.

Chili’s India, Papa John’s India, Jubilant Fresh, Chai Point, and Mamagoto are among its early adopters. “Food delivery has become a significant aspect of business for restaurants and UrbanPiper will help make this smooth,” says Saurabh Gupta, co-founder and CEO, who has an MS in electrical engineering from the University of Southern California.

Photo credit: lenyvavsha / 123RF.

The startup has raised its first round of funding from Bangalore-based Axilor and a group of angels, including Ram Yalamanchili, a Silicon Valley investor. “Marquee customers like Chai Point have rated the product highly. It is a good addition to our growing portfolio of SaaS startups,” says Ganapathy Venugopal, co-founder and CEO of Axilor. India is estimated to have over 25,000 restaurant chains providing online delivery options to customers.

See: 45 hot software product startups from India and their cool ideas

InFeedo

InFeedo builds chatbots to help with employee engagement. It does so by gathering feedback from employees to figure out who’s unhappy, facing problems, or on the verge of resigning. This is meant to free up HR personnel to focus on action points instead of getting bogged down by preparing reports.

InFeedo says 16 companies, including MakeMyTrip, PayU, Knowlarity, RedBus, Caratlane, and Nearbuy, are using its chatbot. It has announced funding of US$200,000 from angel investors.

See: Microsoft Accelerator picks 13 startups. AI is a recurring theme

Doctor Insta

India has a shortage of doctors and healthcare facilities. Doctor Insta is trying to circumvent the problem by offering patients access via video consultation. It has raised series A funding of US$2.5 million from Round Glass Partners and BrahmaX Ventures, both of which are US-based.

Launched a year ago, the Gurgaon-based startup says it has also signed on clients for corporate healthcare programs, including American Express, PayU, and Tech Mahindra. One expansion plan with the new funding is to go offline with health kiosks equipped for video and audio interaction.

See: 4 healthtech startups that could soon be unicorns in India

GoMechanic

Automobile servicing and spare parts is a fragmented sector in India. This leads to issues like lack of transparency in pricing, spurious spare parts, and unreliable service. Delhi-based GoMechanic is trying to solve this by aggregating reliable service and maintenance centers.

IIM (Indian Institute of Management) alumni Amit Bhasin and Kushal Karwa, along with Nitin Rana and Rishabh Karwa, founded GoMechanic. It has raised an undisclosed amount of seed investment from Venture Catalysts.

See: 10 angel investors who bet on young tech startups

Vehico

taxis in india

Photo credit: Arne Hückelheim

Bangalore-based IoT startup Vehico helps fleet owners with vehicle tracking and data analytics. This helps to monitor a vehicle’s performance, thus enabling preventive maintenance to save on costly repairs. It also tracks driver performance.

The startup has raised an undisclosed amount of funding from the Calcutta Angel Network and investment platform Appliyifi. Vehico founder Abhishek Chatterjee worked for IBM before launching his startup last year.

See: How this IoT startup is competing with GE and winning

Nykaa

Max Industries has picked up a 2 percent stake in beauty and wellness estore Nykaa. The startup was launched by Falguni Nayar, who was an investment banker for 27 years before she turned an entrepreneur three years ago. After initial setbacks, her startup raised US$9.5 million in funding last year.

See: 9 women entrepreneurs who are the change they want to see in India

Wooplr

fashion-ecommerce-startup-india

Photo credit: Nicola.

Former Snapdeal product head Anand Chandrasekaran, who now heads partnerships for Facebook Messenger, has invested an undisclosed amount in women’s fashion portal Wooplr.

Four former McAfee employees – Arjun Zacharia, Praveen Rajaretnam, Soumen Sarkar, and Ankit Sabharwal – initially started it as a Facebook page for posting photos of what’s in fashion with details on price and where to buy it.

See: Wooplr raises $5 million to make fashion shopping social and local

StalkBuyLove

Fashion ecommerce startup StalkBuyLove has raised US$6 million in a series A funding round led by Kalaari Capital. Germany’s VCDE Venture Partners and investment firm TTM Holding participated in the round.

Rocket Internet alumni Tushar Ahluwalia, Nishrit Shrivastva, and Aashna Chopra, along with style head Shikha Ahluwalia, launched the startup in 2013. It raised its first round of funding from 500 Startups, Singularity Ventures, and LittleRock from Germany. Its CEO, Tushar, is a German national who returned to his roots in India. “The market is saturated in Europe. The fun is in India,” he told Tech in Asia in an earlier interview.

Converted from Indian rupees. US$1 = INR 68.14

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

This post 8 rising startups in India – Dec 13, 2016 appeared first on Tech in Asia.



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