In the previous week, 11 Indian startups raised funding, out of which 8 received a total funding of $8.3 million. Among those startups, Gramophone raised the highest funding of about $3.4 million followed by Pariksha which secured a funding of $1.3 million. The remaining 3 startups ( Metvy, Oneiric Gaming, and PadCare Labs ) didn’t disclose their funding amount.
Indian Startups Funding of the Week
Given below is a list of the Indian Startups which raised a good amount of funds in the previous week:
Gramophone
Gramophone is a one-stop solution for a wide range of contributions for the farmers. Farmers can purchase authentic crop protection, crop nourishment, seeds, and agri hardware at their doorstep. Farmers can access a localized package of practice, crop advisory, weather information coupled with the best products to grow. The startup was founded in May 2016 by Ashish Ranjan Singh, Harshit Gupta, Nishant Mahatre, and Tauseef Khan. Gramophone has raised $3.4 Mn from Siana Capital
Pariskha
Pariksha is India’s biggest vernacular test prep App that helps aspirants prepare for any state government job exam in their preferred language, through recordings and live streaming classes in the most affordable, convenient and enriching manner. The startup was founded in June 2015 by Deepak Choudhary, Karanvir Singh Shekhawat, Utkarsh Bagri, Vikram Shekhawat. Pariksha has raised $1.3 Mn in Series A from Bharat Inclusive Technology Fund, LetsVenture.
qZense
qZense Labs is building the cutting edge IoT gadget for quick, exact, and non-destructive inward quality grading of fresh food, empowering retailers to deliver the best quality fresh food to their clients. The startup was founded in 2019 in Bangalore by Rubal Chib and Srishti Batra. qZense Labs has raised $622K in the seed funding round from Venture Catalysts, Mastermind Capital’s Manish Modi, Curae Health’s Vedant Loyalka.
NCOME
NCOME an Escrow-as-a-Service platform offers enterprises and individual clients quick, secure, and low-cost digitalized escrow administration. The startup has raised $362K from Venture Catalysts, 9Unicorns, PointOne Capital. The startup was founded in January 2019 in Delhi.
Aqgromalin
Aqgromalin intends to expand farmer’s income, particularly small landholders, by enhancing their income through creative development ideas and help them execute them with the assistance of their dedicated team. The agriculture-based startup headquartered in Chennai has raised $273K from a Middle East-based angel investor. The startup was founded in October 2020 by Prasanna and Bharani Lakshmi.
Krayonnz
Bangalore based education technology startup, Krayonnz was founded in 2019 by Gurudutt Upadhyay and Saurabh Dixit. The edtech organization moves forward with the way to create a process of individuals keen on learning a specific subject with the help of a mentor who can is well-versed with the basics of that particular subject. Students and Teachers can make their profiles sharing their qualities and expertise in terms of education and abilities to interface in a more meaningful manner. Krayonnz has raised $136K from GSF Accelerator.
GigIndia
GigIndia is a commercial center that gives on-request work completion to organizations through a gig labor force of jobseekers. The startup uses technologies like machine learning and artificial intelligence for quicker turnaround and quality checks. The startup was founded by Aditya Shirole and Sahil Sharma in October 2016. Pune-based B2B gig marketplace GigIndia has closed a pre-Series A funding round of $1 million from two angel investors—Anjali Bansal, founder at Avaana Capital, and Vineet Patni, former president of Bajaj Allianz.
MyClassboard
Hyderabad based ed-tech startup, MyClassboard is an end-to-end school management software founded by Ajay Sakhamuri and Ravindra Adusumilli in 2010. Its school software incorporates features, such as admissions, grade book, HR and payroll, transport management, school-parent Communication, and customizable mobile apps for schools. The startup has raised $0.6 million in pre-Series A round from ICICI Bank.
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