S.No.Startup IdeasFounded InFounderFunding Amount
1Clensta International2016Puneet GuptaUndisclosed
2TabSquare2012Anshul Gupta, Chirag Tejuja, Sankaran Sreeraman$10 million
3VideoKen2017Ashish Vikram, Manish Gupta$1 million
4Hiver2011Niraj Ranjan Rout, Nitesh Nandy$4 million
5ClearTax2011Archit Gupta$50 million
6Cube Wealth2011Jitendra Gupta, Satyen V Kothari$2 million
7LetsShave2015Sidharth OberoiUndisclosed
8GuruQ2017Minal Anand$330K

Consumer Internet Industry

1) Clensta International


Founded: 2016

Founder: Puneet Gupta

Funding raised: Undisclosed

Summary: Delhi-based biotechnology startup Clensta International helps soldiers cleanse themselves without water.

It has raised an undisclosed amount of seed funding from Indian Angel Network and its first venture capital (VC) fund, IAN Fund and other groups of investors.

Future Planning: The startup plans to use the funds to launch its products in the B2C space and develop newer products in the personal hygiene category.

Technology Industry

2) TabSquare


Founded: 2012

Founder:  Anshul Gupta, Chirag Tejuja, Sankaran Sreeraman

Funding raised: $10 million

Summary: TabSquare, a leading provider of AI-Powered Smart In-Restaurant solutions has raised funding in its Series B funding. The Series B round was led by with the support of Coca-Cola Amatil, Resorts World Inc. Existing investor Walden International also participated in this round of funding.

Working Model: TabSquare offers F&B digital ordering systems using AI to make personalized menu recommendations and boost revenues for restaurants.

Future Planning: The Company plans to use the raised funds to aim its threefold target: to enhance their AI-powered tech solutions, grow its geographic presence across Asia Pacific including Australia, Indonesia, Malaysia, Singapore and Thailand; and increase manpower to aid these efforts.

3) VideoKen


Founded: 2017

Founder: Ashish Vikram, Manish Gupta

Funding raised: $1 million

Summary: AI-based video product solutions company VideoKen helps organizations deliver personalized learning at scale.

It has raised funding in its second round of seed funding from SRI Capital and Touchstone Equities, with Hyderabad Angels being the other major investor.

Future Planning: The Company plans to use the freshly raised funds for further expansion in the North America region.

4) Hiver


Founded: 2011

Founder: Niraj Ranjan Rout, Nitesh Nandy

Funding raised: $4 million

Summary: Bengaluru-based SaaS platform Hiver (previously Grexit) turns your email inbox into a simple, powerful collaboration tool has raised funds in a new round of funding from venture capital firms Kalaari Capital and Kae Capital.

Future Planning: The startup will use the funding for product development, as well as expanding its global customer base.

Fintech Industry

5) ClearTax


Founded: 2011

Founder: Archit Gupta

Funding raised: $50 million

Summary: Y Combinator-backed fintech startup ClearTax helps individuals prepare and e-file their Income Tax Return online.

It has raised new funds in its Series B round of funding from Hong Kong-based investment firm Composite Capital.

Future Planning: The startup is looking to use the fresh funds to further accelerate its growth and expand the suite of products and services on its platform.

Healthcare Industry

6) Cube Wealth


Founded: 2011

Founder: Jitendra Gupta, Satyen V Kothari

Funding raised: $2 million

Summary:  Mumbai-based automated wealth tech app Cube Wealth helps manage investment portfolios and provides investment advice from registered advisers.

It has raised funds in its equity funding round. International angel and seed investors from Silicon Valley, Hong Kong, Europe, Singapore, and India including Beenext participated in the latest round of funding.

Future Planning: The startup will use the funding to add additional asset partners and develop a network of premium sales/marketing partners and IFAs across the country.

Beauty Industry

7) LetsShave


Founded: 2015

Founder: Sidharth Oberoi

Funding raised: Undisclosed

Summary: Chandigarh-based men grooming company LetsShave has raised its fresh funding from Korean razor manufacturer Dorco Ltd against a 10% stake.

Future Planning: The Company plans to utilize the raised funds towards its online business and expanding the product portfolio to cater to men’s and women’s grooming needs more professionally.

Education Industry

8) GuruQ


Founded: 2017

Founder: Minal Anand

Funding raised: $330K

Summary: Delhi-based edtech startup GuruQ aims to address the need for a single, simplified and cohesive ed-tech platform that provides online and offline tutoring. It has secured in its round of funding from a group of HNIs.

Future Planning: The startup will use these funds for expansion and marketing of the company.

DSIM Blog is created to help you to know all aspects of Digital Marketing ranging from basics of Digital Marketing to Advance Level Topics, Read our posts and feel free to reach our team for any queries.

2 thoughts on “8 “New Business Ideas” For You This Week (22-28 Oct. 2018)”

Leave a Comment

Your email address will not be published. Required fields are marked *