Tracxn - Geo - India Tech - May 2021
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The Tracxn monthly report for May 2021 provides an overview of the Indian tech landscape, highlighting $1.6 billion in investment across 23 funding rounds. Notable funding included Pine Labs, Delhivery, Zeta, and Axtria receiving significant investment, while Bangalore, Delhi, and Mumbai emerged as top cities for tech funding. The report also identifies trends in investor activity, unicorns, and recent exits through IPOs and acquisitions.
Tracxn - Geo - India Tech - May 2021
- 1. TRACXN MONTHLY REPORT MAY 2021 INDIA TECH
- 2. India Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Contents 2 India Tech Snapshot 3 Investment Snapshot 4 List of Funding Rounds 5 New Investors 14 Top Funded Business Models - last 1 year 16 New Analyst Picks 17 IPOs 33 Acquisitions 34 Recent News 36
- 3. India Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. India Tech Snapshot – May 2021 India Tech: Snapshot – May 2021 Note : "Investors" refers to "Institutional Investors" only 3 $1.6B 23 2 Overall Geo Stats 20 12 139 185 81 Funding Rounds $ Invested Analyst Picks Moglix Upgraded to UNICORN New Investors AND Designs India Brex Series A+ rounds Active Investors IPOs Fugro Computer Age Management Services Acquisitions Arnekt#@ Scroll.in#@ Top Funding Rounds Top Markets Top Investors Top Cities Monthly Leader Board Bangalore (25 Rounds, $413M) Delhi (11 Rounds, $116M) Mumbai (8 Rounds, $55.2M) Gurgaon (7 Rounds, $284M) $285M - Series D Pine Labs (1998, Noida, $683M) $277M - Series H Delhivery (2011, Gurgaon, $1.2B) $250M - Series C Zeta (2015, Bangalore, $320M) $150M - Series D Axtria (2010, Berkeley Heights, $209M) 100x (10 Investments) Tiger Global Management (6 Investments) Indian Angel Network (4 Investments) Better Capital (4 Investments) Payments Pine Labs Logistics Tech Delhivery Banking Tech Zeta E-Commerce Enablers Market Size Companies Covered 82,551 Funded Companies 8,727 Total Funding $90.9B Funding in last 12 months $18.7B Top Exits IPOs 228 Acquisitions 1,054 Company Stage Unicorns 49 Soonicorns 182 Minicorns 745 Editor Picks 4,758 Series A+ 1,489 Series C+ 353 Acqui-Hires 107 Deadpooled 16,050 Top Cities Bangalore (4,532 Rounds, $39.3B) Mumbai (2,502 Rounds, $10.9B) Top Investors Sequoia Capital (186 Investments) LetsVenture (152 Investments)
- 4. India Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Investment Snapshot Investment Snapshot of India Tech as of May 2021 India Tech: Investment Snapshot 4 # Rounds $ Funding Investment Trend Top Investments (May 2021)* Pine Labs (1998, Noida, $683M) $285M - Series D Baron Capital Group Delhivery (2011, Gurgaon, $1.2B) $277M - Series H Fidelity Investments Zeta (2015, Bangalore, $320M) $250M - Series C SoftBank Vision Fund Axtria (2010, Berkeley Heights, $209M) $150M - Series D Bain Capital Moglix (2015, Noida, $221M) $120M - Series E Falcon Edge Capital FarEye (2013, Noida, $153M) $100M - Series E TCV Lenskart (2010, Delhi, $573M) $95.0M - Series G KKR Locus (2014, Bangalore, $82.5M) $50.0M - Series C GIC Koo App (2019, Bangalore, $42.4M) $30.0M - Series B Tiger Global Management Esper (2019, Menlo Park, $41.7M) $30.0M - Series B Scale Venture Partners Jai Kisan (2017, Mumbai, $37.5M) $30.0M - Series A Mirae Asset *Shows only the lead Investors
- 5. India Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. List of Funding Rounds (1/9) List of Funding Rounds in India Tech in May 2021 India Tech: List of Funding Rounds Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+), PE 5 LATE STAGE $50.0M - Series C Locus (2014, Bangalore, $82.5M) Provider of cloud and AI-based logistics management software GIC, Falcon Edge Capital, Tiger Global Management, Qualcomm Ventures, Amrish Rau, and 3 more LATE STAGE $95.0M - Series G Lenskart (2010, Delhi, $573.3M) Internet first brand of eyewear KKR LATE STAGE $100.0M - Series E FarEye (2013, Noida, $153.0M) Provider of AI and SaaS-enabled low-code delivery management solutions TCV, Dragoneer Investment Group, Eight Roads Ventures, Fundamentum, Honeywell LATE STAGE $120.0M - Series E Moglix (2015, Noida, $220.7M) Online marketplace for industrial goods Falcon Edge Capital, Harvard Management Company, Tiger Global Management, Venture Highway, Sequoia Capital LATE STAGE $150.0M - Series D Axtria (2010, Berkeley Heights, $208.7M) Data analytics software solutions for the healthcare industry Bain Capital LATE STAGE $250.0M - Series C Zeta (2015, Bangalore, $319.9M) Cloud-based payment & banking solutions for banks and enterprises SoftBank Vision Fund, Sodexo LATE STAGE $277.4M - Series H Delhivery (2011, Gurgaon, $1.2B) Provider of logistics services platform for eCommerce companies Fidelity Investments, The Carlyle Group, Baillie Gifford, Chimera, Times Internet, and 6 more LATE STAGE $285.0M - Series D Pine Labs (1998, Noida, $683.0M) POS terminals for businesses & merchants Baron Capital Group, Duro Capital, Marshall Wace, Ward Ferry, Temasek, and 2 more LATE STAGE Series C Altigreen (2012, Bangalore, $8.5M) Developer of drivetrain system for electric commercial vehicles AND Designs India
- 6. India Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. List of Funding Rounds (2/9) List of Funding Rounds in India Tech in May 2021 India Tech: List of Funding Rounds Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+), PE 6 EARLY STAGE $3.0M - Series A Virohan (2015, Faridabad, $4.9M) Online and offline courses for healthcare professionals Rebright Partners EARLY STAGE $3.5M - Series B FabAlley (2012, Noida, $17.3M) Online fashion brand for fashion accessories & apparel Elevation Capital, India Quotient, Dominor EARLY STAGE $4.0M - Series A CRONAI (2015, Delhi, $7.2M) Provider of LiDAR and AI-based 3D sensor edge data processing platform Ventureast, Kitaki Ventures, YourNest EARLY STAGE $6.0M - Series A GetMyParking (2014, Ghaziabad, $10.5M) Tech-enabled platform offering parking management solutions IvyCap Ventures, Indian Angel Network Fund EARLY STAGE $11.0M - Series A AgniKul (2016, Chennai, $14.7M) Developer of space launch vehicles Mayfield, Globevestor, Speciale Invest, LetsVenture, LionRock Capital, and 11 more EARLY STAGE $11.0M - Series A Skyroot (2018, Hyderabad, $12.9M) Provides building of technology solutions for satellites Sutton Capital, Vedanshu Investments Private Limited, Graph Ventures, WorldQuant Ventures, Anil Chalamalasetty, and 3 more EARLY STAGE $15.0M - Series A Magenta Chargegrid (2020, Mumbai, $16.6M) Provider of end-to-end electric vehicle plug-in charging solutions JITO Incubation & Innovation Foundation, Kiran C Patel EARLY STAGE $15.7M - Series A Plum (2019, Bangalore, $20.7M) Provider of a health insurance & benefits marketplace for employers Tiger Global Management, Tanglin Venture Partners, Incubate Fund India, meyerkeith, Surge, and 18 more
- 7. India Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. List of Funding Rounds (3/9) List of Funding Rounds in India Tech in May 2021 India Tech: List of Funding Rounds Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+), PE 7 EARLY STAGE $16.0M - Series A Atlan (2018, Delhi, $18.6M) DataOps platform for multiple teams Insight Venture Partners, Surge, WaterBridge Ventures, Bob Muglia, Bob Moore, and 3 more EARLY STAGE $20.0M - Series B G.O.A.T Brand Labs (2021, , $20.0M) Provider of brand insights and management solution Tiger Global Management, Mayfield EARLY STAGE $25.0M - Series B Vernacular.ai (2016, Bangalore, $31.1M) AI based customer engagement and call center automation solutions WestBridge EARLY STAGE $30.0M - Series A Jai Kisan (2017, Mumbai, $37.5M) Online supply chain platform for farmers Mirae Asset, Blume Ventures, NABVENTURES Fund, Prophetic Ventures, Better Capital, and 2 more EARLY STAGE $30.0M - Series B Esper (2019, Menlo Park, $41.7M) Application lifecycle management solution for Android device fleets Scale Venture Partners, Root Ventures, Madrona Venture Group, Ubiquity Ventures, Haystack EARLY STAGE $30.0M - Series B Koo App (2019, Bangalore, $42.4M) Provider of a vernacular micro-blogging app Tiger Global Management, Blume Ventures, Mirae Asset, IIFL Finance, Dream Incubator, and 9 more SEED STAGE $33.8K - Seed Quizy Games (2020, Gurgaon, $33.8K) Mobile-based quizzing platform offering rewards 100x SEED STAGE $34.0K - Seed Powerbot (2020, Pune, $34.0K) SaaS-driven energy monitoring solutions for residential, commercial, and industrial applications 100x SEED STAGE $34.0K - Seed Clinify (2020, Sancoale, $34.0K) Online platform providing multi-disciplinary learning courses 100x
- 8. India Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. List of Funding Rounds (4/9) List of Funding Rounds in India Tech in May 2021 India Tech: List of Funding Rounds Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+), PE 8 SEED STAGE $34.0K - Seed Kroop AI (2021, Bangalore, $34.0K) AI-based solutions for deep fake detection 100x SEED STAGE $34.0K - Seed Moving (2021, Delhi, $34.0K) Social trading platform for cryptocurrencies 100x SEED STAGE $34.0K - Seed Fieldproxy (2016, Chennai, $34.0K) Cloud-based field force management solution for enterprises 100x SEED STAGE $34.0K - Seed BHyve (2019, Mumbai, $34.0K) Provider of a gamified peer-to-peer learning platform 100x SEED STAGE $34.0K - Seed Talkie (2020, Bangalore, $34.0K) Cloud-based communication platform for remote teams 100x SEED STAGE $34.0K - Seed DataKund (2018, Mohali, $47.3K) Cloud-based no-code browser automation tool 100x SEED STAGE $34.0K - Seed CRE CLUB (2021, Jaipur, $34.0K) Social payment platform for consumers 100x SEED STAGE $100.0K - Seed iobot Technologies (2016, Pune, $100.0K) Provider of an IoT enabled tracking solution for enterprises GSF, Rajesh Sawhney, Pras Hanuma, Dinesh Agarwal, J Murugavel SEED STAGE $110.0K - Seed Sutradhar (2019, Gurgaon, $110.0K) App-based platform offering stories Titan Capital, Suraj Saharan, Nitin Saluja SEED STAGE $140.0K - Angel ThatMate (2017, Pune, $140.0K) Online courses on sexual education Rebalance, , Premanshu Singh, Devendra Rane, Devadatta Sahoo, and 9 more
- 9. India Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. List of Funding Rounds (5/9) List of Funding Rounds in India Tech in May 2021 India Tech: List of Funding Rounds Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+), PE 9 SEED STAGE $140.0K - Seed jobsgaar (2019, Delhi, $140.0K) Job portal enabling workforce to find district level jobs SucSEED Indovation, Rohit Chanana, Jasminder Singh Gulati, Sunil Kamath, Mandeep Singh, and 2 more SEED STAGE $150.0K - Seed Upswing (2019, Pune, $150.0K) AI & Blockchain-enabled guest engagement solution for hotels SEED STAGE $180.0K - Seed Cuvette (2020, Bangalore, $180.0K) Online platform to connect students with the companies for employment Titan Capital, Varun Alagh, Harish Daiya SEED STAGE $200.0K - Seed Pickright (2019, Bangalore, $410.1K) Recommendations for trading in stock markets JITO Incubation & Innovation Foundation, Mumbai Angels SEED STAGE $200.0K - Seed Klassroom (2016, Mumbai, $643.3K) Online platform for booking tuition, counseling & education materials ah! Ventures, Growth Sense, , Indian Angel Network SEED STAGE $200.0K - Seed Disruptium (2021, Ahmedabad, $200.0K) Fundraising platform for startups Pravesh Mehta SEED STAGE $200.0K - Seed Banksathi (2020, Delhi, $200.0K) Comparison platform of financial products Dinesh Godara, Rajendra Lora, Anuj Ahuja, Aditya Talwar SEED STAGE $205.8K - Seed Mentoria (2015, Mumbai, $205.8K) Online career assessment and mentoring platform Indian Angel Network, Pradeep Jaisingh, Jayant Mehrotra SEED STAGE $273.8K - Seed Glamplus (2020, Bangalore, $273.8K) SaaS-driven salon management software IPV, Anil Giri Raju, Sachin Khandelwal, Sravan Kumar, Abhishek Daiya, and 1 more
- 10. India Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. List of Funding Rounds (6/9) List of Funding Rounds in India Tech in May 2021 India Tech: List of Funding Rounds Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+), PE 10 SEED STAGE $340.0K - Seed Jidoka (2018, Chennai, $776.8K) Provider of computer vision-based systems for manufacturing SEED STAGE $344.7K - Seed Convin (2020, Bangalore, $344.7K) Provider of a cloud-based conversation intelligence solutions Titan Capital, 9Unicorns, Kunal Shah, Abhishek Goyal, Ramakant Sharma, and 2 more SEED STAGE $350.0K - Angel Bric Spaces (2019, Bangalore, $350.0K) Online residential and commercial brokerage platform for real estate professionals Shan Krishnasamy, Bharat Kapoor SEED STAGE $409.4K - Seed Reccy (2019, Gurgaon, $409.4K) Online outdoor tours & activities booking platform Jaydeep Barman, Kallol Banerjee SEED STAGE $478.0K - Seed ClassMonitor (2016, Lucknow, $819.4K) Mobile-based application providing parent-teacher communication SEED STAGE $500.0K - Seed Finology (2017, Kuala Lumpur, $500.0K) White label solutions for banks and insurers Seedstars World SEED STAGE $501.4K - Seed Cellestial E-mobility (2019, Hyderabad, $643.6K) Manufacturer of AI-enabled electric tractors & components Ashik Karim, Gurj Aujla SEED STAGE $686.9K - Seed Clensta (2016, Delhi, $1.1M) Internet first brand offering hygiene products N+1 Capital SEED STAGE $1.0M - Seed Krishitantra (2012, Udupi, $2.1M) Develops and provides tools for soil testing NABVENTURES Fund, Omnivore Partners SEED STAGE $1.0M - Seed Myelin Foundry (2018, Bangalore, $3.0M) Video distribution solution provider Beyond Next Ventures, Endiya Partners
- 11. India Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. List of Funding Rounds (7/9) List of Funding Rounds in India Tech in May 2021 India Tech: List of Funding Rounds Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+), PE 11 SEED STAGE $1.0M - Seed 6Degree (2014, Mumbai, $2.5M) Online network for fashion artists and creative professionals SucSEED Indovation, Keiretsu Forum, AngelBay, SucSEED Venture Partners SEED STAGE $1.2M - Seed Karbon (2019, Bangalore, $3.2M) Corporate cards for startups MyAsiaVc, Orios Venture Partners SEED STAGE $1.2M - Angel HalaPlay (2016, Bangalore, $8.8M) Online fantasy sports platform Milan Ganatra SEED STAGE $1.3M - Seed Rulezero (2019, Bangalore, $1.3M) Cap table management software for businesses Rainmatter Technology, Induslaw, Kris Gopalakrishnan, Mukesh Bansal, Sanjay Akhileswaran Krishnan SEED STAGE $1.5M - Seed Tekie (2017, Gurgaon, $1.5M) Provider of digital learning solutions for students GSV Ventures, Multiply Ventures, Better Capital SEED STAGE $1.6M - Seed Nivesh (2016, Noida, $2.9M) Platform to invest in mutual funds Indian Angel Network Fund, Haystack, FLAGSTAFF LAW GROUP, Mehta Pharmaceutical, Vir Mehta, and 29 more SEED STAGE $2.0M - Seed Camp K12 (2010, Gurgaon, $4.0M) Online platform providing coding courses for K-12 students Stride Ventures SEED STAGE $2.4M - Seed FarMart (2015, Gurgaon, $3.1M) Mobile-based application for agriculture retailers and businesses Omidyar Network India, Avaana Capital Advisors, LetsVenture, Indian Angel Network SEED STAGE $2.6M - Seed Probo (2019, , $2.6M) Social platform for exchanging ideas Sequoia Capital, Elevation Capital, Primathon, Better Capital, Narasimha Sripad Panyam, and 16 more
- 12. India Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. List of Funding Rounds (8/9) List of Funding Rounds in India Tech in May 2021 India Tech: List of Funding Rounds Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+), PE 12 SEED STAGE $3.0M - Seed Betterhalf (2016, Bangalore, $5.9M) AI-enabled questionnaire-driven matchmaking and dating platform for singles S2 Capital, Quiet Capital, Kunal Shah, Samvit Ramadurgam SEED STAGE $3.0M - Seed Stockal (2014, New York City, $3.5M) Fractional trading & investment platform focused on stocks Aroa Ventures, Cadenza, Kristal, Tracxn Labs, July Ventures, and 1 more SEED STAGE $8.8M - Seed KODO (2019, Mumbai, $8.9M) Credit cards for startups Brex, Pioneer Fund, , Y Combinator SEED STAGE Seed Rezo (2017, Noida) AI powered automated ticket handling Modulor Capital, Dexter Angels, Veda, Devesh Sachdev, Bhavesh Manglani SEED STAGE Seed Celcius (2020, Mumbai) Offers an online marketplace for cold chain Eaglewingsventures, MaGEHold, Keiretsu Forum SEED STAGE Seed SalaryBox (2020, Delhi) Mobile-first payroll management software for SMEs GSF, Alok Mittal, Amit Ranjan, Sumit Jain, Surjendu Kuila SEED STAGE Seed SaveIN (2020, ) Digital bank for consumers SEED STAGE Seed Inntot (2014, Kochi, $491.2K) Technology solutions provider for media industry Unicorn India Ventures SEED STAGE Seed CSC Grameen eStore (2020, Delhi, $1.5M) Online digital ordering and delivering platform for multi-category products in rural areas HDFC Bank SEED STAGE Seed Ingenium Education (2016, Delhi, $67.4K) Adaptive assessment solution for K-12 students Lead Angels, Faad Network, India Accelerator, Hem Securities, Indian Angel Network
- 13. India Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. List of Funding Rounds (9/9) List of Funding Rounds in India Tech in May 2021 India Tech: List of Funding Rounds Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+), PE 13 SEED STAGE Seed Pixuate (2012, Bangalore) Provider of a cloud based image processing, recognition & management platform Mumbai Angels, CIIE SEED STAGE Seed ArtiVatic (2017, Bangalore, $1.5M) AI-based software suite for insurance & health businesses KFintech SEED STAGE Seed Eekifoods (2019, Kota) Owns and operates hyrdoponics vegetable farm GSF, Naho Shigeta, Shalin Sanjay Shah, Sumit Jain, Dipesh Palod SEED STAGE Seed ECAPS (2013, Bangalore) Correspondent banking solutions for banks & financial institutions Triterras SEED STAGE Seed LegalPay (2019, Delhi) P2P platform for litigation financing 9Unicorns, LetsVenture, Ambarish Gupta SEED STAGE Seed Eyestem (2016, Bangalore, $3.2M) Platform for cell therapy to cure retinitis pigmentosa & age-related macular degeneration Endiya Partners SEED STAGE Seed Spark Studio (2020, Bangalore) Online platform providing extracurricular learning programs for kids Better Capital
- 14. India Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. New Investors (1/2) List of New Investors in India Tech in May 2021 India Tech: List of New Investors 14 Investor Company Info Round Amount Round Name AND Designs India 1 portfolio companies | Manufacturer and retailer of apparel and accessories Altigreen Developer of drivetrain system for electric commercial vehicles Undisclosed Series C Brex 3 portfolio companies | Corporate credit card and expense management solutions for businesses KODO Credit cards for startups $8.75M Seed Hem Securities 1 portfolio companies | Stock brokerage and investment banking firm Ingenium Education Adaptive assessment solution for K-12 students Undisclosed Seed Quiet Capital 1 portfolio companies | Quiet Capital Betterhalf AI-enabled questionnaire-driven matchmaking and dating platform for singles $3.00M Seed Sutton Capital 1 portfolio companies | Sector agnostic startup accelerator Skyroot Provides building of technology solutions for satellites $11.00M Series A Chimera 1 portfolio companies | Chimera Delhivery Provider of logistics services platform for eCommerce companies $277M Series H KFintech 1 portfolio companies | KFintech ArtiVatic AI-based software suite for insurance & health businesses Undisclosed Seed meyerkeith 1 portfolio companies | Home | meyerkeith Plum Provider of a health insurance & benefits marketplace for employers $15.70M Series A Rebalance 1 portfolio companies | Sector agnostic startup accelerator ThatMate Online courses on sexual education $140K Angel Kristal 1 portfolio companies | AI-based asset management platform Stockal Fractional trading & investment platform focused on stocks $3.00M Seed
- 15. India Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. New Investors (2/2) List of New Investors in India Tech in May 2021 India Tech: List of New Investors 15 Investor Company Info Round Amount Round Name Kitaki Ventures 1 portfolio companies | Venture capital fund focused on tech startups CRONAI Provider of LiDAR and AI-based 3D sensor edge data processing platform $4.00M Series A WorldQuant Ventures 29 portfolio companies | Tech-focused VC firm investing primarily in the US Skyroot Provides building of technology solutions for satellites $11.00M Series A MyAsiaVc 1 portfolio companies | Venture capital fund investing in early stage startups Karbon Corporate cards for startups $1.20M Seed Triterras 1 portfolio companies | Blockchain-enabled lending-as-a-service platform for businesses ECAPS Correspondent banking solutions for banks & financial institutions Undisclosed Seed Marshall Wace 6 portfolio companies | Long/short equity strategy focused hedge fund Pine Labs POS terminals for businesses & merchants $285M Series D Duro Capital 1 portfolio companies | Investment management firm Pine Labs POS terminals for businesses & merchants $285M Series D meteorventure.com 1 portfolio companies | Klassroom Online platform for booking tuition, counseling & education materials $200K Seed goat.vc 2 portfolio companies | GOAT CAPITAL KODO Credit cards for startups $8.75M Seed Eaglewingsventures 1 portfolio companies | Eaglewingsventures Celcius Offers an online marketplace for cold chain Undisclosed Seed July Ventures 1 portfolio companies | Venture capital firm investing in early-stage startups Stockal Fractional trading & investment platform focused on stocks $3.00M Seed
- 16. India Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Top Funded Business Models - last 1 year * Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year. 16 Rank Business Model $ Funding # Rounds Top Funding Round 1 ▲2 Online Test Preparation Courses $2.2B 12 BYJU'S | $1.1B | Series H 2 ▲4 Food Ordering Platforms $2.1B 6 Swiggy | $800M | Series J 3 ▲22 Vernacular Social Networking Platform $843M 5 ShareChat | $502M | Series E 4 ▲289 Fantasy Sports Platforms $817M 11 Dream11 | $400M | Series F 5 -- Card Linked Digital Wallets $700M 1 PhonePe | $700M | Unattributed 6 ▲7 Own Fleet E-commerce Delivery $409M 7 Delhivery | $277M | Series H 7 ▲35 Curated Vernacular Content $342M 3 DailyHunt | $207M | Series H 8 ▲22 POS Payment Terminals $326M 2 Pine Labs | $285M | Series D 9 ▲34 Long form News Aggregators $307M 2 DailyHunt | $207M | Series H 10 ▲24 Business Payments Solutions $300M 7 Razorpay | $160M | Series E
- 17. India Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. New Analyst Picks (1/16) Interesting Companies identified by Analysts in India Tech in May 2021 India Tech: Analyst Picks 17 Upgraded to UNICORN Moglix (2015, Noida, Undisclosed, Angel) Online marketplace for industrial goods Tiger Global Management, International Finance Corporation, Falcon Edge Capital and 11 other Investors Upgraded to UNICORN Zeta (2015, Bangalore, $60.0M, Series C) Cloud-based payment & banking solutions for banks and enterprises Sodexo,SoftBank Vision Fund,Directiand Upgraded to UNICORN Axtria (2010, Berkeley Heights, $11.5M, Series C) Data analytics software solutions for the healthcare industry Sequoia Capital, Desh Ventures, Amarpreet Sawhney and 7 other Investors Upgraded to SOONICORN Jai Kisan (2017, Mumbai, $2.1M, Seed) Online supply chain platform for farmers Ratnaafin, Harshbeena Zaveri, AngelList and 27 other Investors Upgraded to MINICORN Virohan (2015, Faridabad, $307K, Series A) Online and offline courses for healthcare professionals ACT Grants, M S Ravi Kumar, Sherring Thekekkara and 23 other Investors Upgraded to MINICORN Betterhalf (2016, Bangalore, $500K, Angel) AI-enabled questionnaire-driven matchmaking and dating platform for singles Saurabh Garg, Quiet Capital, Vinay Subramanian and 10 other Investors Upgraded to MINICORN GetMyParking (2014, Ghaziabad, $1.1M, Seed) Tech-enabled platform offering parking management solutions Manjappa Prem Kumar, Mridula Ramesh, Anand Ladsariya and 82 other Investors Upgraded to MINICORN Nivesh (2016, Noida, $444K, Seed) Platform to invest in mutual funds Windrose Capital, Ram Mohan Avittahur Variyath, Bijoy George and 57 other Investors
- 18. India Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. New Analyst Picks (2/16) Interesting Companies identified by Analysts in India Tech in May 2021 India Tech: Analyst Picks 18 Upgraded to MINICORN Atlan (2018, Delhi, $2.6M, Series A) DataOps platform for multiple teams Unreasonable, Akshay Kothari, SURGE Ventures and 19 other Investors Upgraded to MINICORN KODO (2019, Mumbai, $125K, Seed) Credit cards for startups Pioneer Fund, Y Combinator, Brex and 1 other Investors Upgraded to MINICORN Magenta Chargegrid (2020, Mumbai, Undisclosed, Seed) Provider of end-to-end electric vehicle plug-in charging solutions JITO Incubation & Innovation Foundation, HPCL, Shell and 2 other Investors Upgraded to MINICORN G.O.A.T Brand Labs (2021, , $20.0M, Series B) Provider of brand insights and management solution Mayfield,Tiger Global Managementand Upgraded to MINICORN Karbon (2019, Bangalore, $2.0M, Seed) Corporate cards for startups MyAsiaVc, Jitendra Gupta, Kunal Shah and 4 other Investors Added to Editor's Pick 91mobiles (2012, Delhi, $1.0M, Seed) Online price comparison portal for mobiles, tablets and gadgets India Quotient, , Aditya Mehta and 13 other Investors Added to Editor's Pick Great Learning (2013, Gurgaon, Unfunded) Online platform providing courses for working professionals nHance Technologiesand Added to Editor's Pick Exprs (2018, Hyderabad, $605K, Seed) App-based hyper last-mile logistics company Sridhar Singirikonda, Sripada Venkata Ramana, AngelList and 18 other Investors Added to Editor's Pick Finnable (2016, Bangalore, $226K, Seed) Online consumer loans platform Alok Chaubey, Aina Rao, Alok Agarwal and 1 other Investors
- 19. India Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. New Analyst Picks (3/16) Interesting Companies identified by Analysts in India Tech in May 2021 India Tech: Analyst Picks 19 Added to Editor's Pick OneWay.Cab (2013, Vadodara, $142K, Seed) Online Taxi Operator for Outstation Transport Shruti Shah, Applyifi, Naresh Kumar and 43 other Investors Added to Editor's Pick Renewate (2018, Pune, $272K, Seed) Online platform to estimate renovation and connect with service providers Better Capital,Brigade REAPand Added to Editor's Pick Repos (2015, Pune, Undisclosed, Angel) Door to door diesel delivery services provider Ratan Tataand Added to Editor's Pick FinBox (2015, Mumbai, $781K, Seed) Open banking API provider Anup Pai, Village Capital, Arali Ventures and 1 other Investors Added to Editor's Pick Gympik (2012, Bangalore, $776K, Seed) Online platform connecting personal health trainers and prospective clients Pradeep K Jaisingh, Sunil Baijal, Haldyn Glass Gujrat and 18 other Investors Added to Editor's Pick Glam Studios (2015, Noida, $310K, Seed) Online platform for beauty salon appointment booking Harsh Mirani, Bhakti Adalja, Anand Ladsariya and 10 other Investors Added to Editor's Pick Leher (2018, Bangalore, $388K, Angel) Social networking application for sharing opinions Harsh Kumar, Pradeep Chattikal, Auriga IT and 12 other Investors Added to Editor's Pick Aayu (2020, Kota, Unfunded) Provider of teleconsultation solution for patients Added to Editor's Pick Infoline (2012, Ahmedabad, $1.1M, Seed) B2B and B2C business listing platfom Brand Capitaland Added to Editor's Pick CutShort (2015, Pune, Unfunded) Job matching and recommendation platform Added to Editor's Pick AirOK Technologies (2014, Chennai, Undisclosed, Seed) Offering solutions for air quality management IITM Incubation Cell, Ncubate Capital Partners, Precog Innovations and 2 other Investors Added to Editor's Pick Fashor (2017, Chennai, $71.4K, Seed) Online retailer of ethnic wear for women Harshit Chatur, Rahul Bothra, Vipul Palrecha and 33 other Investors
- 20. India Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. New Analyst Picks (4/16) Interesting Companies identified by Analysts in India Tech in May 2021 India Tech: Analyst Picks 20 Added to Editor's Pick Twills (1999, Vijayawada, Unfunded) Internet first brand of casual and formal apparel wear for men and women Brand Capitaland Added to Editor's Pick LimeChat (2020, Delhi, $750K, Seed) Provider of an AI-based chatbot for eCommerce applications Stellaris Venture Partners, Kalyan Krishnamurthy, Sujeet Kumar and 4 other Investors Added to Editor's Pick Fabheads (2015, Chennai, $350K, Seed) Manufacturer of industrial 3D printers for composite fibre additive manufacturing Anuj Kalra, Arihant Gothi, Rajkurnar Singh and 116 other Investors Added to Editor's Pick Zoctr (2015, Mumbai, $358K, Seed) Online platform for booking appointment NB Ventures, Vasantrai Doshi, Sunil Mandhok and 20 other Investors Added to Editor's Pick NLPBots (2015, Pune, $554K, Seed) Develops chatbots for enterprises Target, Deep Learning, Brand Capital and 4 other Investors Added to Editor's Pick iCustommadeit (2013, Pune, $4.0M, Seed) Online marketplace offering multi-category customized & handmade products Surender Dharampal Agarwal, Rekha Agarwal, Sadhana Manghnani and 34 other Investors Added to Editor's Pick Juicy Chemistry (2014, Coimbatore, $6.3M, Series A) Online private label brand that sells skin and hair care products Purplle, Amit Bipin Nanavati, Commuri Venkatasubramanyam and 1 other Investors Added to Editor's Pick iobot Technologies (2016, Pune, $100K, Seed) Provider of an IoT enabled tracking solution for enterprises Rajesh Sawhney, Dinesh Agarwal, JioGenNext and 3 other Investors Added to Editor's Pick Flynx App (2014, Ahmedabad, Undisclosed, Seed) Lightweight and ad-blocker-enabled browser app for Android phones TLabsand Added to Editor's Pick Miles Education (2011, Mumbai, Unfunded) Online training provider for CPA and CMA Added to Editor's Pick Myelin Foundry (2018, Bangalore, $530K, Seed) Video distribution solution provider Endiya Partners, Sustainable Sciences, Rakesh Sarna and 4 other Investors Added to Editor's Pick Subhe (2017, Delhi, $120K, Seed) Online platform for learning digital and technical skills. Techstarsand
- 21. India Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. New Analyst Picks (5/16) Interesting Companies identified by Analysts in India Tech in May 2021 India Tech: Analyst Picks 21 Added to Editor's Pick Pparke (2015, Bangalore, $1.4M, Seed) App-based platform offering real-time parking marketplace to consumers & businesses Indian Institute of Management Bangalore,SB Ventures,Brigade REAPand Added to Editor's Pick mirrAR (2017, Gurgaon, $493K, Seed) Provider of customer experience management for jewelry brands Prachi Mehta, PK Gopalakrishnan, Jigar Harish Mehta and 60 other Investors Added to Editor's Pick LocoBuzz (2010, Mumbai, $147K, Angel) Web-based platform for social media monitoring and analytics Amritanshu Roy, SIDBI Venture Capital, Utkarsh Palnitkar and 1 other Investors Added to Editor's Pick 5th Vital (2017, Bangalore, $500K, Seed) Provider of an online portal to book at-home tests Jaspal Singh, Vishnu Charan Bandi, Sayed Sahab Ahamed and 9 other Investors Added to Editor's Pick Arcatron Mobility (2015, Pune, $102K, Angel) Provider of patient friendly wheel chair provider Inderdeep Singh, Sudhir Mehta, Santosh Joshi and 84 other Investors Added to Editor's Pick Walrus (2019, Bangalore, $270K, Seed) Banking platform, UPI payments & debit card for teenagers Subrat Kumar Panda, Raveen Sastry, Naman K Sarawagi and 18 other Investors Added to Editor's Pick SWAYAM (2016, Delhi, Unfunded) Provider of online courses Added to Editor's Pick AgriApp (2012, Bangalore, Unfunded) App-based platform offering agricultural products to farmers Added to Editor's Pick Stylumia (2015, Bangalore, Unfunded) Provider of an AI platform for fashion Added to Editor's Pick Appachhi (2015, Bangalore, $42.4K, Seed) Mobile app testing automation platform Amith Prakash, Anil Kumar Suryakanth, Geeta Raina and 26 other Investors Added to Editor's Pick Insurance Samadhan (2017, Delhi, $267K, Seed) Online redressal platform for insurance consumers Jeet Paresh Dalal, Dharmesh Gathani, Bijal Saumil Mehta and 37 other Investors Added to Editor's Pick Pandorum (2011, Bangalore, $3.6M, Series A) Developer of regenerative medicine and 3D tissues 500 Startups, KITVEN, Binny Bansal and 3 other Investors
- 22. India Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. New Analyst Picks (6/16) Interesting Companies identified by Analysts in India Tech in May 2021 India Tech: Analyst Picks 22 Added to Editor's Pick Tekie (2017, Gurgaon, $1.5M, Seed) Provider of digital learning solutions for students Better Capital,GSV Ventures,Multiply Venturesand Added to Editor's Pick Banksathi (2020, Delhi, $200K, Seed) Comparison platform of financial products Aditya Talwar, Dinesh Godara, Rajendra Lora and 1 other Investors Added to Editor's Pick Millioncenters (2016, Delhi, Unfunded) Discovery platform for hobbies and tuitions Added to Editor's Pick StoryMirror (2015, Mumbai, $53.9K, Angel) App-based platform allowing users to read and publish stories Ajay Desai, Seema Agrawal, Neelam Garg and 27 other Investors Added to Editor's Pick SBNRI (2019, Gurgaon, $135K, Seed) Digital bank for NRIs Pawan Gupta, Alok Mittal, Harshvardhan Lunia and 3 other Investors Added to Editor's Pick Mydentistchoice (2014, Hyderabad, $166K, Angel) B2B eCommerce portal for dental products Venkateswarlu Kolla, Kareti Mahendranath Reddy, Kamal Kumar Nimmala and 2 other Investors Added to Editor's Pick Pagarkhata (2020, Bangalore, Unfunded) Cloud-based attendance management solution for enterprises Added to Editor's Pick Absolute Fresh (2016, Delhi, $649K, Seed) Producer and supplier of herbs and vegetables Nadir Burjor Godrej, Joshua William Hartman, Surge and 3 other Investors Added to Editor's Pick SuriDevs (2020, Ahmedabad, Unfunded) Cloud-based data backup & restoration management solution provider Added to Editor's Pick FibroHeal (2017, Bangalore, $153K, Angel) Silk fibroin and asiaticoside based bilaminate film as wound healing dressings C-CAMP,Tejas Subramanian,Karnataka Startup Celland Added to Editor's Pick LegalPay (2019, Delhi, Undisclosed, Seed) P2P platform for litigation financing Ambarish Gupta,9Unicorns,LetsVentureand Added to Editor's Pick MeeBuddy (2018, Vijayawada, Unfunded) Online platform offering multi-category grocery products
- 23. India Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. New Analyst Picks (7/16) Interesting Companies identified by Analysts in India Tech in May 2021 India Tech: Analyst Picks 23 Added to Editor's Pick Health Gennie (1990, Jaipur, $140K, Angel) Platform providers for practice management system Rahul Bansaland Added to Editor's Pick LXL Ideas (2002, Bangalore, Unfunded) Provider of film-based life skills learning module for schools Added to Editor's Pick Navi Health Insurance (2018, Andheri, Unfunded) App-based health insurance platform for individuals Added to Editor's Pick Ping Network (2012, Mumbai, $346K, Seed) Food focused YouTube Multi-Channel Network (MCN) for digital audiences FirstMeridian, Ashwin Damera, Alokik Advani and 7 other Investors Added to Editor's Pick Sell.do (2009, Pune, Unfunded) SaaS-driven CRM software for real estate professionals Added to Editor's Pick GiftyLeaf (2019, Faridabad, Unfunded) Online retail store for cakes Added to Editor's Pick Micro Degree (2019, Mangalore, $34.2K, Seed) Mobile-based platform providing IT-related learning courses 100xand Added to Editor's Pick Spark Studio (2020, Bangalore, Undisclosed, Seed) Online platform providing extracurricular learning programs for kids Better Capitaland Added to Editor's Pick ePuja (2014, Bangalore, Unfunded) Online portal that offers access to religious ceremonies and remedy rituals across various temples Brand Capitaland Added to Editor's Pick Samco Ventures (2015, Mumbai, Unfunded) Online platform for trade loans Added to Editor's Pick Rulezero (2019, Bangalore, $1.3M, Seed) Cap table management software for businesses Kris Gopalakrishnan, Rainmatter Technology, Induslaw and 2 other Investors Added to Editor's Pick Dubori (2017, Guwahati, Unfunded) Online multi-category grocery and food marketplace
- 24. India Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. New Analyst Picks (8/16) Interesting Companies identified by Analysts in India Tech in May 2021 India Tech: Analyst Picks 24 Added to Editor's Pick Bluesinq (2015, Chennai, Undisclosed, Seed) Developing connected switches and lighting for homes IITM Incubation Cell,Brigade REAPand Added to Editor's Pick Lennden (2020, Mumbai, Unfunded) Agri-commodity marketplace connecting traders, brokers, millers, buyers & wholesalers Added to Editor's Pick ZakasApp (2019, Nagpur, Unfunded) App-based local service & products business directory Added to Editor's Pick ProDMARC (2017, Thane, Unfunded) Email security solutions provider Added to Editor's Pick Microgravity (2019, Gurgaon, $1.2M, Seed) Provider of free-roaming technology for multiplayer virtual reality games Added to Editor's Pick wisQuotes.com (2019, Rajkot, Unfunded) App-based platform publishing content focusing on inspirational quotes Added to Editor's Pick BHyve (2019, Mumbai, $34.0K, Seed) Provider of a gamified peer-to-peer learning platform 100xand Added to Editor's Pick DataKund (2018, Mohali, $34.0K, Seed) Cloud-based no-code browser automation tool 100x,IIT Mandi Catalystand Added to Editor's Pick Fyp Money (2021, Gurgaon, $2.0M, Seed) App-based digital bank for teenagers Liberatha Kallat,Dinesh Nagpal,Mukesh Yadavand Added to Editor's Pick Hokosoko (2019, Delhi, Unfunded) Online marketplace offering multi-category products Added to Editor's Pick Doctors Bazaar (2016, Ernakulam, $3.8M, Seed) Provider of an online marketplace for medical equipment and devices Axilor Venturesand Added to Editor's Pick Digicartz (2016, Bangalore, Unfunded) Online platform offering multi-category consumer electronic products
- 25. India Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. New Analyst Picks (9/16) Interesting Companies identified by Analysts in India Tech in May 2021 India Tech: Analyst Picks 25 Added to Editor's Pick ECAPS (2013, Bangalore, Undisclosed, Seed) Correspondent banking solutions for banks & financial institutions Triterrasand Added to Editor's Pick ResellMe (2019, Delhi, Unfunded) App-based reselling platform offering multi-category products Added to Editor's Pick AgroBEET (2020, Pune, Unfunded) Platform offering software solutions for managing farming businesses Added to Editor's Pick Powerbot (2020, Pune, $34.0K, Seed) SaaS-driven energy monitoring solutions for residential, commercial, and industrial applications 100xand Added to Editor's Pick DigiPe (2011, Noida, Unfunded) Agent-based payment solutions Added to Editor's Pick ShipAtoZ (2020, Guntur, Unfunded) Offers on-demand last-mile delivery platform Added to Editor's Pick Cargoflash (2001, Gurgaon, Unfunded) Provider of air cargo management solutions Added to Editor's Pick MedSign (2019, Bangalore, $81.7K, Seed) Cloud-based teleconsultation and health solutions for healthcare professionals and patients SMSRCand Added to Editor's Pick Muvin (2018, Bangalore, $1.0M, Seed) Neo bank for individuals Krishnakumar Natarajan, Ambar Maheshwari, Sandeep Jethwani and 2 other Investors Added to Editor's Pick Mailit (1987, Mumbai, Undisclosed, Seed) Provider of integrated logistics & mailroom management solutions Ratan Tataand Added to Editor's Pick Mynvax (2017, Bangalore, Undisclosed, Angel) Developer of novel recombinant vaccines to fight the human influenza virus and COVID19 Added to Editor's Pick OntheGo (2011, Bangalore, Unfunded) Cloud-based field workforce management and tracking solution for enterprises
- 26. India Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. New Analyst Picks (10/16) Interesting Companies identified by Analysts in India Tech in May 2021 India Tech: Analyst Picks 26 Added to Editor's Pick KrishMandi (2020, Patna, Unfunded) An online trading marketplace connecting farmers and traders Added to Editor's Pick Settlrs (2017, Bangalore, $163K, Seed) Online rental platform for home improvement products MaGEHoldand Added to Editor's Pick ensvee (2020, Delhi, Unfunded) AI-based recruitment solution for enterprises Added to Editor's Pick Fego.ai (2020, Chennai, $221K, Seed) Core banking platforms for transforming into neobanks Yogesh Suresh,QEDand Added to Editor's Pick Kids Fashion Villa (2020, Thane, Unfunded) Online retailer offering apparel for kids Added to Editor's Pick Kroop AI (2021, Bangalore, $34.0K, Seed) AI-based solutions for deep fake detection 100xand Added to Editor's Pick MyKidsDrawing (2020, Bangalore, Unfunded) SaaS-based platform providing drawing-related learning solutions Added to Editor's Pick Mitra.Money (2020, Hyderabad, Unfunded) Open banking solutions for individuals and businesses Added to Editor's Pick Visitorz (2020, Surat, Unfunded) SaaS-driven visitor management software for commercial spaces Added to Editor's Pick SVC SocietyPRO (2019, Thane, Unfunded) Provider of community management software for owners and community managers Added to Editor's Pick Feelit fitness (2020, Rajkot, Unfunded) Mobile-based application for fitness and workout training Added to Editor's Pick Business Bill (2020, Surat, Unfunded) Cloud-based accounting software for businesses
- 27. India Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. New Analyst Picks (11/16) Interesting Companies identified by Analysts in India Tech in May 2021 India Tech: Analyst Picks 27 Added to Editor's Pick TrackWizz (2014, Mumbai, Unfunded) KYC, AML, & fraud prevention solutions for financial institutions Added to Editor's Pick Enterprise Tiger (2016, Bangalore, Unfunded) Loan lifecycle management solution for banks, FIs & telecom companies Added to Editor's Pick Afreen MediTour (2021, Noida, Unfunded) Provider of online consultation platform for multiple conditions Added to Editor's Pick Bytebeam (2019, Bangalore, Unfunded) Provider of the data integration software solution Atal-GreatLakes Balachandran Incubatorand Added to Editor's Pick Argonaut (2020, Hyderabad, Unfunded) Cloud-based DevOps control center & deployment workflow automation management software provider Added to Editor's Pick HealthySure (2020, Mumbai, Unfunded) Provider of employee health insurance Added to Editor's Pick FlyFin (2020, Bangalore, Unfunded) AI-based tax engine for independent professionals Added to Editor's Pick Helppr (2020, Delhi, Unfunded) Provider of AI-enabled reading assistance platform Added to Editor's Pick ShypVisor (2020, Chennai, Unfunded) Provider of SaaS-based 3PL services Added to Editor's Pick Synconext (2011, Bangalore, Unfunded) IOT enabled energy efficiency solutions provider Brigade REAPand Added to Editor's Pick eFarming App (2020, Delhi, Unfunded) App-based marketplace to advertise and sell farming products Added to Editor's Pick AroLeap (2020, Bangalore, Unfunded) Provider of AI-based smart home-workout equipment
- 28. India Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. New Analyst Picks (12/16) Interesting Companies identified by Analysts in India Tech in May 2021 India Tech: Analyst Picks 28 Added to Editor's Pick samBOT (2020, Bangalore, Unfunded) AI-based platform providing classroom administration solutions Added to Editor's Pick DocMyDoc (2020, Bangalore, Unfunded) Provider of family health record management app Added to Editor's Pick Merren (2020, Mumbai, Unfunded) Cloud-based survey building software solution provider Added to Editor's Pick Opstech (2019, Hyderabad, Unfunded) Cloud-based MES software for the manufacturing industry Added to Editor's Pick HybridK8s (2020, Delhi, Unfunded) Provides Gitops CI/CD and AI based Progressive Deployments in Kubernetes Added to Editor's Pick The Scent Shop (2020, Mumbai, Unfunded) Online retail platform offering fragrances Added to Editor's Pick Hyperface Technologies (2021, Bangalore, Unfunded) Credit card issuance solution for fintech and e- commerce firms Added to Editor's Pick GameNation (2017, Chennai, Unfunded) Online marketplace for video games Added to Editor's Pick HealthUno (2020, Chennai, Unfunded) Cloud-based platform offering multiple healthcare services for doctors and patients Added to Editor's Pick Socialveins (2021, Jaipur, Unfunded) Provider of the influencer marketing software solution Added to Editor's Pick Shipzip (2019, Kolkata, Unfunded) Provider of end-to-end delivery service management platform Added to Editor's Pick Adicube (2019, Bangalore, Unfunded) Provider of the influencer marketplace
- 29. India Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. New Analyst Picks (13/16) Interesting Companies identified by Analysts in India Tech in May 2021 India Tech: Analyst Picks 29 Added to Editor's Pick Wiz365 (2020, Bangalore, Unfunded) Provider of a virtual reality-based event platform Added to Editor's Pick guch (2017, Bangalore, Unfunded) Provider of a collaboration platform for video creation Added to Editor's Pick Bright Begins (2020, Bangalore, Unfunded) SaaS-based platform providing personality development courses for children Added to Editor's Pick Enveu (2017, Noida, Unfunded) SaaS-based solutions for OTT providers Added to Editor's Pick Bulfyss (2013, Mumbai, Unfunded) Internet first brand offering stationery, home & kitchen products Added to Editor's Pick ShirtWirt (2016, Agra, Unfunded) Internet first brand offering customised apparel Added to Editor's Pick Leafy Island (2020, Jaipur, Unfunded) Online retailer offering garden supplies Added to Editor's Pick WRCMS (2019, Mumbai, Unfunded) Tech-enabled platform offering complaint management and resolution solutions for railway operators Added to Editor's Pick LocTruth (2020, Bangalore, Unfunded) Provider of a cloud-based location intelligence for various industries Added to Editor's Pick Moonshot Academy (2019, Mumbai, Unfunded) Online platform providing data analytics & construction management-related learning solutions Added to Editor's Pick Ingage (2020, Bangalore, Unfunded) AI-based omnichannel customer engagement platform Added to Editor's Pick BonusHub (2016, Noida, Unfunded) Payment gateway solutions for service providers and fintech organizations
- 30. India Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. New Analyst Picks (14/16) Interesting Companies identified by Analysts in India Tech in May 2021 India Tech: Analyst Picks 30 Added to Editor's Pick UEarn (2020, Bangalore, Unfunded) Online job portal for remote job seekers Added to Editor's Pick Fretigo (2019, Noida, Unfunded) Provider of cloud-enabled freight forwarding solution Added to Editor's Pick Ettendance (2019, Pune, Unfunded) Cloud-based attendance management solution for enterprises Added to Editor's Pick Bhumitantra Agribusiness (2021, Satara, Unfunded) Platform offering data-driven services to agricultural and non-agricultural businesses Added to Editor's Pick Cognitive Platform Solutions (2013, Chennai, Unfunded) Low code business process management platform for digital transformation Added to Editor's Pick ThinkYou (2019, Delhi, Unfunded) Online platform providing nutrition consultation Added to Editor's Pick loanclub.asia (2020, Bangalore, Unfunded) Online marketplace for personal credit lines Added to Editor's Pick Packmile (2015, Bangalore, Unfunded) Sustainable packaging solutions provider Added to Editor's Pick FinAlyzer (2020, Bangalore, Unfunded) Cloud-based financial consolidation & statutory reporting software for businesses Added to Editor's Pick LedgerTap (2020, Unfunded) Accounting software for small and medium scale businesses Added to Editor's Pick Foodie (2017, Mysore, Unfunded) Platform offering cloud-based restaurant management software Added to Editor's Pick All School Uniform (2014, Gurgaon, Unfunded) Online retailer offering school uniforms
- 31. India Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. New Analyst Picks (15/16) Interesting Companies identified by Analysts in India Tech in May 2021 India Tech: Analyst Picks 31 Added to Editor's Pick Vidoly (2020, Gurgaon, Unfunded) Cloud-based software for video conferencing Added to Editor's Pick Wenzins (2013, Bangalore, Unfunded) Online business and administrative function management tool for medical professionals Added to Editor's Pick Carehms (2016, Hyderabad, Unfunded) Mobile-based hospital information management system Added to Editor's Pick Corporate Finance Institute (2013, Gurgaon, Unfunded) Online candidate assistance and education solution Added to Editor's Pick AngelTech Logistics (2016, Delhi, Unfunded) Provider of a cloud-based logistics management platform Added to Editor's Pick DeliveryPlus (2016, Gurgaon, Unfunded) Provider of last-mile delivery solutions Added to Editor's Pick eAssess (2020, Mumbai, Unfunded) Cloud-based virtual assessment platform for enterprises Added to Editor's Pick Nera Soft (2010, Azamgarh, Unfunded) Digital bank for individuals and businesses Added to Editor's Pick Atmana (2020, Bangalore, Unfunded) Offers a platform for tracking habits Added to Editor's Pick Kalibrate (2020, Bangalore, Unfunded) Network discovery & vulnerability management solutions provider Added to Editor's Pick Pitbull (2010, Noida, Unfunded) Provider of GPS-based tracking system for vehicle and fleet management Added to Editor's Pick Sunilbala Enterprises (2018, Mumbai, Unfunded) Provider of the rental agreement management solution for owners and property managers
- 32. India Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. New Analyst Picks (16/16) Interesting Companies identified by Analysts in India Tech in May 2021 India Tech: Analyst Picks 32 Added to Editor's Pick MyiSociety (2020, Pune, Unfunded) Provider of community management software for residential and gatekeepers Added to Editor's Pick TattvaVR (2021, Delhi, Unfunded) Provider of VR-based solutions for treating mental health Added to Editor's Pick Luxulo (2019, Mumbai, Unfunded) Online retailer offering luxury multi-category fashion products Added to Editor's Pick Tanotis (2011, Bangalore, Unfunded) Online platform offering multi-category consumer electronics products Added to Editor's Pick Bookmerilab (2018, Delhi, Unfunded) Online platform for listing diagnostic centers Added to Editor's Pick Efundzz (2020, Bangalore, Unfunded) Online marketplace for consumer and business loans Added to Editor's Pick AgroCast (2019, Ahmedabad, Unfunded) Platform offering consulting services in agriculture and water sectors Added to Editor's Pick belif (2019, Mumbai, Unfunded) Internet-first brand offering natural skin care products Added to Editor's Pick FloorTap (2020, Mumbai, Unfunded) Provider of an online listing platform to buy, sell or rent residential and commercial spaces Added to Editor's Pick MyCannabis (2020, Kangra, Unfunded) Provider of a mobile application for online pharmacy Added to Editor's Pick Elegant Reports (2018, Delhi, Unfunded) Provider of the digital campaign reporting and analytics software solution Added to Editor's Pick ZapDesk (2020, Noida, Unfunded) Cloud-based IT helpdesk software provider
- 33. India Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. IPO Date Company IPO Mcap Exchange Ticker 27 May 2021 Fugro (1962, Mumbai, ) Provider of a GIS based solution to design, build and operate assets LON:0LNT 07 May 2021 Computer Age Management Services (1988, Chennai, $727M) Online platform focused on mutual fund investments NSE:CAMS IPOs List of IPOs in India Tech in May 2021 India Tech: IPOs 33
- 34. India Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Acquisitions (1/2) List of Acquisitions in India Tech in May 2021 India Tech: Acquisitions 34 Acq. Date Company Acquirer Deal Size 04 May 2021 Arnekt(2013, Pune) Cognitive platform to build AI-powered apps and web services Roambee 04 May 2021 Scroll.in(2012, Mumbai, $2.4M) Digital daily on web and mobile Twitter 10 May 2021 MyPetrolPump(2016, Bangalore, $1.8M) Online platform to buy fuel on-demand Fuel Buddy 10 May 2021 Quifers(2015, Mumbai, $0.3M) Provider of AI and cloud-based delivery management software Sitics 14 May 2021 1mg(2015, Gurgaon, $155.8M) Provider of an online pharmacy with doctor listing and teleconsultation services Tata 17 May 2021 Invoice Bazaar(2016, Dubai, $6.1M) Online marketplace for business loans Triterras 19 May 2021 App Bazaar(2006, Mumbai) App distribution platform for Indus OS phones PhonePe $60.0M 24 May 2021 Impartus(2013, Bangalore, $5.4M) Provider of online virtual classes platform for schools and colleges upGrad $20.5M 25 May 2021 Smokescreen(2015, Mumbai) Honeypot based threat detection & prevention solution Zscaler 25 May 2021 Medlife(2014, Bangalore, $90.3M) Provider of an online pharmacy for medications PharmEasy
- 35. India Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Acquisitions (2/2) List of Acquisitions in India Tech in May 2021 India Tech: Acquisitions 35 Acq. Date Company Acquirer Deal Size 29 May 2021 HashLearn(2013, Bangalore) Online learning collaboration platform connecting educators and students BYJU'S 30 May 2021 Equiphunt(2015, Hyderabad) Marketplace for rentals of construction equipments Infra.Market $10.0M
- 36. India Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Recent News (1/2) Recent News in India Tech in May 2021 India Tech:News 36 Exit News . ● Singapore's Pine Labs acquires Malaysia-based e-commerce platform Fave in $45 million deal Gadgets Now . ● Social media: Twitter acquires ad-free news reader Scroll Fortune . ● Online investment platform Groww to acquire Indiabulls MF for Rs 175 cr Business Standard . ● upGrad Chairman on Impartus acquisition TIMES NOW . ● M&M to Enhance its Ownership to 100 per cent in Meru AiThority . ● PharmEasy completes acquisition of Medlife BioSpectrum India . ● Automobile marketplace CarTrade files IPO papers with Indian regulator KrASIA . ● After BigBasket, Tata Looks Forward To Acquire Curefit TechStory . Fund News . ● Klub to Invest Rs 250 cr in 350 New-Age Consumer Brands indianretailer.com . ● Wayne Burgess appointed as Ola’s new electric scooter’s designer TechStory . ● Ola appoints Rakesh Bhardwaj as Group CIO to lead company’s IT initiatives CyberMedia India Online . ● Mamaearth appoints Mr. Avinash Dhagat as VP Operations Adgully . ● MAMAEARTH appoints Mr. Karan Bajwa as VP of Human Resources Adgully . ● WNS Announces Addition of Tim Main to Board of Directors IndianWeb2 . ● Bitwise Appoints Ankur Gupta as CEO of Bitwise Inc. AiThority . Company News . ● PeopleStrong expands to Australia & New Zealand People Matters . Regulatory News . ● CAIT accuses Flipkart of FDI and taxation violations retail-insight-network.com . ● IRDAI slaps Rs 24 lakh penalty on Policybazaar India Web Portal
- 37. India Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Recent News (2/2) Recent News in India Tech in May 2021 India Tech:News 37 ● Sebi vets stake control in Zomato's IPO papers for China firm's role Business Standard
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