Weekly Spotlight | 5 Indian Startups that raised funding this year!

Weekly Spotlight | 5 Indian Startups that raised funding this year!

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.1. Wudstay:
WudStay provides standardised and branded rooms to corporate and leisure travellers. They have launched a technology platform as a marketplace for travellers and accommodation partners. WudStay also ensures that the customers get a quality experience and promises complimentary breakfast, free wifi, cable TV, clean washrooms and linen.

Wudstay raised a funding of $3 Million from Mangrove Capital Partners and Vikas Saxena, Chief Executive Officer, Nimbuzz.

2. Treebo:
Treebo derives its name from “Bo Tree”, the fig tree under which Gautam Buddha attained enlightenment.

Staying at low-priced hotels has always meant making compromises on quality. You could book online but you could hardly avoid the unwelcoming rooms and the indifferent service. Well, not anymore. Treebo is putting dignity back into budget travel with their unmatched 100% Quality Guarantee.

Matrix Partners India and SAIF Partners invested $6 million in Treebo, this June.

.3. Little:
Little is a hyper-local that helps you find the best deals on restaurants, movies, hotels, salons, gyms, spas and much more around you, just when you want. Find a deal that catches your fancy, pay for it through the app, and go to the merchant location to redeem it.

They’ve enrolled over 5,000 merchants in 11 cities across India, and their list of merchants is growing by the day. So no matter what you’re in the mood for, you’ll find a great discount on it with Little.

Little raised a funding of $50 Million from Paytm, SAIF Partners, and Tiger Global.

4. Shadowfax: 
Shadowfax is India’s largest hyperlocal logistics service provider that takes care of delivery requirements of local businesses.
By using their proprietary technology and operational excellence, they strive to build the fastest and the most efficient delivery network.

They currently have an impressive client list, consisting of Subway, Pizza Hut, Fassos, Wendy’s, Baskin Robbins, Pind Balluchi, Speedy Chow and more.

Shadowfax raised a funding of $300,000 Kunal Bahl and Rohit Bansal of Snapdeal, Zishaan Hayath of Powai Lake Ventures, and Prashant Malik of Limeroad, in August this year. In September, .they raised another round of funding of $8.5 Million, from Fidelity’s proprietary investment arm, Eight Roads Ventures.

5. Juggernaut:
Juggernaut aims to create a world-class Indian publishing company that will give authors both a digital and a physical platform.

They raised a funding of $2.2 Million from FabIndia’s founder William Bissell, Infosys’ co-founder Nandan Nilekani and Neeraj Aggarwal, Managing Director of Boston Consulting Group India.

 

 

 

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