S.No. | Startup Ideas | Founded In | Founder | Funding Amount |
1 | Housejoy | 2014 | Arjun Kumar, Sunil Goel | $3.24 million |
2 | Wakefit | 2007 | Chaitanya Ramalingegowda | $9 million |
3 | Wow Venue | 2015 | Ganesh Rai | $1.5 million |
4 | FeedMyPockets | 2017 | Naveen Ramachandra, Prashant Janadri | $625K |
5 | Flipkart | 2007 | Sachin Bansal, Binny Bansal | $304 million |
6 | Plum | 2013 | Shankar Prasad | Undisclosed |
7 | Roposo | 2012 | Avinash Saxena, Kaushal Shubhank, Mayank Bhangadia | $10 million |
8 | LambdaTest | 2017 | Asad Khan, Jay Singh | $1 million |
9 | Ambee | 2017 | Akshay Joshi, Madhusudhan Anand | Undisclosed |
10 | Aye Finance | 2014 | Sanjay Sharma, Vikram Jetley | $2.78 million |
11 | PerkFinance | 2017 | Vikas Kothari, Vivek Kandkur, Yogesh Keswani | $900K |
12 | Ninjacart | 2015 | Ashutosh Vikram, Kartheeswaran K K, Sharath Loganathan, Thirukumaran Nagarajan, Vasu Devan | $34.6 million |
13 | Licious | 2015 | Abhay Hanjura, Vivek Gupta | $25 million |
14 | BYJU’S | 2008 | Byju Raveendran, Divya Gokulnath | $328 million |
15 | MadGuy Labs | 2015 | Alok Katiyar | Undisclosed |
16 | PlanetSpark | 2016 | Kunal Malik, Maneesh Dhooper | $222K |
17 | MyNewCar.in | 2014 | Madhukar Manpuria | $1 million |
Consumer Internet Industry
1) Housejoy
Founded: 2014
Founder: Arjun Kumar, Sunil Goel
Funding raised: $3.24 million
Summary: Bengaluru-based hyperlocal home services startup, Housejoy, is a web platform that allows homeowners to browse and book quality service providers like electricians, plumbers etc.
It has raised funds in a bridge funding round led by Matrix Partners India. Vertex Ventures, RTP Ventures, Qualcomm Ventures, and Saama Capital also participated in the round.
2) Wakefit
Founded: 2007
Founder: Chaitanya Ramalingegowda
Funding raised: $9 million
Summary: Bengaluru-based mattress and sleep-related products provider, Wakefit has raised funds in its first funding round led by Sequoia Capital in exchange for a 31.9% stake.
Future Planning: The startup plans to use the new funds to strengthen its manufacturing arm, introduce newer product ranges, and educate customers regarding the role of a quality mattress in human health and wellbeing.
3) Wow Venue
Founded: 2015
Founder: Ganesh Rai
Funding raised: $1.5 million
Summary: Mumbai-based venue booking and events startup Wow Venue is an online platform to discover, compare, and book exclusively WOW Venues worldwide. It has raised from strategic investor Pranav Pathak.
Future Planning: The startup will use the new funds for growth and expansion, brand building, marketing, and hiring skilled resources.
4) FeedMyPockets
Founded: 2017
Founder: Naveen Ramachandra, Prashant Janadri
Funding raised: $625K
Summary: Bengaluru-based B2B on-demand staffing startup FeedMyPockets has raised seed funding from South Florida, US-based venture capital firm.
Future Planning: The fresh funds will be used for deeptech integration, business growth, scale, supply chain and operations.
E-commerce Industry
5) Flipkart
Founded: 2007
Founder: Sachin Bansal, Binny Bansal
Funding raised: $304 million
Summary: Flipkart Singapore reportedly invested an amount in its wholesale arm, Flipkart India Pvt Ltd.
6) Plum
Founded: 2013
Founder: Shankar Prasad
Funding raised: Undisclosed
Summary: Thane-based skincare products startup Pureplay Skin Sciences, the parent company of Plum, has raised funds in Series A funding from Unilever Ventures.
Future Planning: The startup plans to use the fresh funds to scale up its operations both in the online and offline spaces.
Technology Industry
7) Roposo
Founded: 2012
Founder: Avinash Saxena, Kaushal Shubhank, Mayank Bhangadia
Funding raised: $10 million
Summary: Gurugram-headquartered video entertainment app Roposo has raised funds in a fresh funding round from existing investors Tiger Global and Bertelsmann India Investments.
Future Planning: The new funds will help the company hire new talent for machine learning for personalization, to build good content creation tools, marketing and get prepared for a much larger round in the following months.
8) LambdaTest
Founded: 2017
Founder: Asad Khan, Jay Singh
Funding raised: $1 million
Summary: San Francisco-headquartered with Noida-based subsidiary LambdaTest has raised funding in Pre-Series A round of funding from Leo Capital.
Future Planning: The startup will use the fresh funds to meet the growing demand for new and better products.
9) Ambee
Founded: 2017
Founder: Akshay Joshi, Madhusudhan Anand
Funding raised: Undisclosed
Summary: Bengaluru-based environmental intelligence startup Ambee has raised funding from Venture Catalysts, Amit Agarwal, Rahul Gugaliya and Rajan Anandan, MD, Google India participated in the round.
Future Planning: The funds raised will be used to strengthen its technology and introduce its product across markets.
Fintech Industry
10) Aye Finance
Founded: 2014
Founder: Sanjay Sharma, Vikram Jetley
Funding raised: $2.78 million
Summary: Gurugram-based digital lending company Aye Finance has raised funds in non-convertible debentures to grow its loan book and offer affordable and customized credit solutions to the credit-starved micro enterprises in India.
11) PerkFinance
Founded: 2017
Founder: Vikas Kothari, Vivek Kandkur, Yogesh Keswani
Funding raised: $900K
Summary: Bengaluru-based salary-linked loan provider PerkFinance has raised in seed funding from Fosun RZ Capital, Eric Bunting, Krishna Vinjamuri and Karan Virwani.
Future Planning: The startup will use the new funds to scale its model by increasing our technology and marketing.
Agritech Industry
12) Ninjacart
Founded: 2015
Founder: Ashutosh Vikram, Kartheeswaran KK, Sharath Loganathan, Thirukumaran Nagarajan, Vasu Devan
Funding raised: $34.6 million
Summary: Bengaluru-based agritech startup Ninjacart has raised funds in a Series B funding round from Accel US, Syngenta Ventures, Neoplux, ZIGxN founder Jo Hirao, HR Capital, and Trifecta Capital. All existing investors including Accel India, Nandan Nilekani, Mistletoe and Qualcomm Ventures also participated in this round.
Future Planning: The startup plans to use the funds for expanding to new geographies, strengthening its product and technology team. It is also looking to invest in improving the supply chain infrastructure.
13) Licious
Founded: 2015
Founder: Abhay Hanjura, Vivek Gupta
Funding raised: $25 million
Summary: Bengaluru-based gourmet meat startup Licious has raised funds in a Series D funding round led by Japan-based Nichirei Corp. Existing investors 3one4 Capital, Bertelsmann India Investments, Vertex Ventures Southeast Asia and India, UCLA, and Sistema Asia Fund also participated in this funding round.
Future Planning: The startup will use fresh funds to expand to new cities, developing the value-added product category, and strengthen the supply chain.
Education Industry
14) BYJU’S
Founded: 2008
Founder: Byju Raveendran, Divya Gokulnath
Funding raised: $328 million
Summary: BYJU’S is India’s largest Edtech (Learning) Company that is reinventing how students learn through its learning app has raised funds in Series F funding from Canada Pension board’s investment arm CPPIB Investment Board Private Holdings, Naspers Ventures BV and General Atlantic Singapore TL Pvt Ltd.
15) MadGuy Labs
Founded: 2015
Founder: Alok Katiyar
Funding raised: Undisclosed
Summary: Hyderabad-based online test-prep platform for government jobs, MadGuy Labs, raised funding from Gray Matters Capital under its edLABS initiative.
16) PlanetSpark
Founded: 2016
Founder: Kunal Malik, Maneesh Dhooper
Funding raised: $222K
Summary: Gurugram-based Edtech startup PlanetSpark raised funds in funding from FIITJEE.
Future Planning: The funds will be used to develop powerful, heuristic, gamified learn-tech products for a united instructional learning experience.
Automobile Industry
17) MyNewCar.in
Founded: 2014
Founder: Madhukar Manpuria
Funding raised: $1 million
Summary: Mumbai-based multi-brand car marketplace, MYNEWCAR.in has raised funds in a pre-Series A funding round led by undisclosed angel investors.
Table of Contents
4 thoughts on “17 “New Business Ideas” For You This Week (10- 16 Dec. 2018)”
Leave a Comment
Table of Contents
Nice tips & post! Thanks.
You’re very welcome!
Very Nice 🙂
Thanks!