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Fintech laughed all the way to the bank, while food startups burnt their fingers in 2. It's a new year, and as always the Indian startup story will have more twists. With the dawn of 2. FAIRCENTPeer- to- peer lending marketplace. Founders. Rajat Gandhi & Vinay Mathews.
Faircent's Rajat Gandhi. Government policy has done a lot to boost the fortunes of peer- to- peer lending platform Fair. Cent in 2. 01. 6. From RBI's draft paper with guidelines for the industry to Digital India, Fair.
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Cent benefited last year and looks to grow further in 2. India's shift to digital payments has put us in a sweet spot. The company, which began operations in 2. Its product can be integrated into the search technology of e- commerce companies. Among Staqu's clients are Roposo, Karbonn and Panasonic, and Staqu is staring at a big opportunity as e- commerce is yet to hit the big league in India. The Gurugram- based company raised an undisclosed amount of funding from Indian Angel Network in June. It has more than 8.
Kochi, Thiruvananthapuram, Bengaluru, Mysuru, and Delhi. Fresh. To. Home has angel investment from Mark Pincus, founder of gaming company Zynga, and Google Ventures CEO David Krane. Google India managing director and angel investor Rajan Anandan says the company has achieved the fastest zero to $5 million revenue in the e- commerce sector in India.
In that fact P C Musthafa sees a daily opportunity of Rs 3 crore (at Rs 3 an idli). That's what pushed the IIM- B graduate to start i. D Fresh Foods with four of his cousins in 2. Bengaluru. Today, its idli/dosa batter is available in 1.
D's revenues crossed Rs 1. Ours is ready- to- cook food. Founder Rashmi Dagga, an IIM- A alumnus who set up the company in 2. Fresh. Menu is backed by Zodius Capital and Light. Legend (2015) Streaming. Speed Ventures. In 2.
Hyderabad and Pune. Digital India and demonetisation will only give further impetus to the sector. The company, which started in 2. SMEs, has come up with innovative products such as 'Pay Later', which gives loans to retailers against data on Po.
S machines. Capital Float, which primarily handles e- commerce finance, has seen 8x growth in 2. From Rs 1. 50 crore loans disbursed in 2.
Rs 1,0. 00 crore in 2. Capital Float tied up with 4. Amazon, Yatra and Ola. It works with e- commerce companies such as Pepper. Fry, Lenskart and Caratlane to power search, navigation and product recommendations. Engineers Pavan Sondur and Prashant Kumar set up the company in 2. Nirvana Ventures, IDG, Inventus and Indian Angel Network.
The Bengaluru- based company claims to have grown almost 1. North American market in 2. The company, which was started in 2. Microsoft Accelerator, is growing at 2.
The app, which helps users identify the calorie value of Indian foods, offers paid services from fitness experts and nutritionists. Around 5% of users pay for premium services, and the average revenue per user is Rs 5,5. Founder and CEO Tushar Vashisht says the company is looking to raise more funding later this year.
The Bengaluru- based company raised $7 million in funding in 2. Playstore. It offers brands such as Sabyasachi, Ritu Kumar, Masaba Gupta, Armani, Hugo Boss and Calvin Klein. Flyrobe is currently in five cities — Mumbai, Delhi, Ahmedabad, Hyderabad and Bengaluru — and plans to open offline stores in Delhi and Mumbai in 2. Its other plans for the new year — 1.
Tripoto has itineraries and experiences from travellers on the road, and this is the unique aspect that they're hoping to monetize. Casual users who share their travel experiences on Instagram and Facebook can find like- minded readers on Tripoto. The startup has funding from IDG Ventures, Outbox Ventures, 5.
Startups, Snapdeal founders Kunal Bahl and Rohit Bansal, among others. Chhabra spent more than 1. FMCG giant Hindustan Unilever, understanding the problems in the distribution chain. The company's solution helps its customers analyse information on performance, incentives, promotions and skills of employees. The Mumbai- based startup, which has raised a little under $5 million so far, boasts of clients such as HUL, Reckitt Benckiser, Glaxo. Smith. Kline, Airtel and Tata. Sky. The company employs 2.
Now. Floats, which has raised two rounds of undisclosed funding from Omdiyar Networks since it was founded in 2. It claims to have a customer list of over 2 lakh businesses, of which 8. The company looks to leverage that in 2.
Far. Eye's product keeps hundreds of delivery agents and sales personnel connected, giving visibility to the company and the customer. Founded in September 2. In mid- 2. 01. 6, the Delhi- based company raised $3. Series A funding from SAIF Partners, after getting initial finding from IAN, and is looking to expand globally.
We are an essential drug that every company with field agents needs and must use to drive efficiencies. Early in 2. 01. 6, it raised a seed round from Matrix Partners.
We are trying to educate people to take loans only if they need it. The Bengaluru- based team, which charges a commission from its financing partners, aims to launch in 1. Finomena got 1. 00,0. Playstore and claims to be the only fintech company that has reached the number in nine months.
We want to change that. The company works with over 2. Paytm, Make. My. Trip and Myntra. It has been a part of TLabs and Microsoft Accelerator and was the third Indian startup to be part of Google's Blackbox connect, a two- week residential programme for entrepreneurs in Silicon Valley. In terms of volume, it has seen a growth to Rs 1. Rs. 4,0. 00 crore in January 2.
With clients that include Armani, Jimmy Choo and Pizza Hut, the company feels there more opportunities to grab in the year ahead. We will be setting shop in Singapore with a partner bank. The startup, which does 1,0. Founded 1. 2 months ago, the company has over 1. Bengaluru and is backed by angel investors including Pranay Chulet of Quikr, Pankaj Gupta from Twitter and Prashant Malik from Lime.
Road. Around 8% of Myra's clientele orders every day with hardly any money spent on marketing.