India’s startup news
#startupIndia – 05/2019
Today’s startup news:
on LinkedIn, on Twitter and on Facebook
- India: POPxo women-focused digital media platform steps into offline retail with the launch of its first standalone outlet
- India: GlowRoad social commerce startup expands on April $10M fundraise with $11.5M series B+
- India: VMate social short video startup backed for $100M by China’s Alibaba
- India: Vodafone and Jio partner on blockchain tech to restrict the number of spam calls and messages
- India: Telangana state gov’t proposes country’s first ‘Blockchain District’ in Hyderabad
- India’s ToneTag sound-based payments startup partners GMO Payment Gateway for Japan market entry
- India: An intro to HitWicket, a female-founded mobile gaming startup with 2.1M downloads across over 100 countries
- India: Next47 startup incubator to be launched by German conglomerate Siemens, aiming to invest large part of $1BN global startups fund
- India: Facebook partners T-Hub for 2nd edition of India Innovation Hub Accelerator program, focused on AI for social good
- India: Airblack travel commerce startup raises $1.5M seed funding with traveler validation approach
- India: Medikabazaar online B2B platform for medical equipment and supplies in talks to raise $28M from investors in Japan, Belgium and Germany
- India: Social media marketing startup At raises $330K funding with all-in-one scheduling service
- India: A look at Lead Angels Network, VC firm that has so far invested near US$2.9M across 25 Indian startups
- India: Bengaluru Fintech & Crypto Summit set for 30-31 May
- India: A brief look at how 2019 is shaping up to be the breakout year for the country’s digital gaming industry
- India: BlackBuck freight marketplace startup raises $150M on valuation nearing $1BN
- India: An intro to RealTell gamification startup, aiming to aid retailers in lifting the in-store experience
- India: DeepQuanty Artificial Intelligence Labs unveils first product, an AI-powered engine that decodes handwriting on cheques
- India: A look at ToneTag, digital payments startup backed by Microsoft and Amazon that uses sound in the transaction process
- India: Paytm mobile wallet company launches Citi-backed Paytm First Credit Card
- India: Spinny used-car retailing platform secures $13M series A
- India: An intro to MyEarthID, aiming to provide a universal ID to each individual via a blockchain-backed decentralised platform
- India: StoreKing e-commerce enabler raises $3M to aid small town retailers offer digital services
- India: An intro to the AskSid platform, AI-backed startup helping online brands train algorithms on their product data
- India: NestAway home rental startup raises $10M, aiming to expand on 15-city presence and 70K claimed customer base
- India Innovation Accelerator program 2nd edition applications now open, a partnership between Facebook and T-Hub
- India: An intro to OurHealthMate, connecting the payer, patient and service provider for health and wellness management
- India: A brief intro to the Future Food Asia award finalists, and the Startup SG prize winners
- India: A91 Partners VC firm reportedly closes $350M maiden fund
- KaHa, India/Singapore-based startup, raises $6.2M with end-to-end IoT platform for smart wearables
- India: MEHUB media startup incubator launches operations with Venture Catalysts collaboration
- India: Karnataka state gov’t in talks to establish Indo-German startup accelerators in Bengaluru and Berlin
- India: A brief intro to Letstrack, IOT-based GPS tracking device and solutions aimed at preventing election tampering
- India: DocsApp online doctor consultation platform raises $1.6M for expansion, based on 6M users and 5K doctors
- India: Citigroup partners Paytm for co-branded credit cards in move on digital payments market projected to hit $500BN value by 2020
- TikTok overtook Facebook as most-downloaded social networking app globally in Q1 2019, with India a key battleground
- India: FanMojo fantasy sports startup aims to hit 10M user mark this year
- CEO World Magazine survey places India and Malaysia in top 10 most startup-friendly countries in the world
- A look at how India’s originally single-service apps are moving towards all-in-one super-app activities
- India: Confimrtkt train booking and prediction platform in talks to raise bridge funding round
- India: Altizon industrial Internet of Things startup secures $7M
- India: Digital payments industry estimated to hit $1TN in 4 years, driven mainly by growth in mobile payments
- India: Dunzo on-demand hyperlocal delivery startup aiming to raise near $50M
- India: Huddle Kerala tech conference and startup pitch competition set for September
- India: Eupheus edtech startup enters talks to raise up to $15M with subscription-based learning content model
- India: An intro to Edisn, artificial intelligence-powered sports fan engagement platform
- India: Healthcare market projected to increase to market value of US$133.44BN by 2022
- India: Mfine secures $17.2M with aim to broaden access to doctors and healthcare via the internet
- India: Ministry of Electronics and Information Technology to launch MeitY Startup Hub portal to promote innovation, startups and creation of IP
- India: China’s Alibaba reviewing its India investment strategy in face of Flipkart and Amazon market domination
- India: An overview of Techstars’ recent moves in the country, including an intro to its first India cohort
- San Diego’s KaiOS sets sights on making India’s ‘dumb’ feature phones smart – already in 2nd place only to Android, country-wide
- An overview of opportunities for Australia and India to connect in the innovation space
- China’s VCs invested $5.6BN into India’s startup ecosystem in 2018, a figure likely to increase in 2019 in response to trade war with US
Each month, Startup News Asia also delivers technology-specific summaries for the month past:
Blockchain & DLT news
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AI news
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Fintech news
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Bitcoin & crypto news
