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Innovation & Startups!

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By SI team Innovation and startups go hand in hand. A healthy economy comprises various businesses and enterprises, both big and small. In fact, the global economy continues to survive and then thrive because the leaders and players in different industries keep adapting to the evolving needs arising from changing times. In this context, it is easy to see the importance of adapting and innovation, be it a new-age startup or a long-established industry titan.
Let’s talk about some of the most innovative startups.

CASHe

Launched in: 2016
Founders: V Raman Kumar
Location: Mumbai
Sector: Fintech
Total funding: $3.8 Mn
Key investors: Aeries Group, TSLC Pte, Florentree represented by Mathew Cyriac and others

Cure.fit

Launched in: 2016
Founders: Ankit Nagori, Mukesh Bansal
Location: Bengaluru
Sector: Healthtech
Total funding: $170 Mn
Key investors: IDG Ventures India, Kalaari Capital, Accel Partners, Chiratae Ventures, Axis Bank, HDFC Bank, Trifecta Capital and more

Drivezy

Launched in: 2015
Founders: Ashwarya Pratap Singh, Hemant Kumar Sah, Vasant Verma, Abhishek Mahajan, Amit Sahu
Location: Bengaluru
Sector: Transport
Total funding: $28 Mn
Key investors: Mahindra Finance, ICICI Bank, Y Combinator, White Unicorn Ventures, Kima Ventures and others

Dunzo

Launched in: 2015
Founders: Ankur Aggarwal, Dalvir Suri, Mukund Jha, Kabeer Biswas
Location: Bengaluru
Sector: Logistics
Total funding: $14.8 Mn
Key investors: Aspada Investments, Blume Ventures, Google, Rajan Anandan and more

Furlenco

Launched in: 2011
Founders: Ajith Mohan Karimpana
Location: Bengaluru
Sector: Consumer services
Total funding: $27.3 Mn
Investors: Signet Chemical Corporation, Trifecta Capital, Hetero Group, Lightbox Ventures, HDFC Bank, Kotak Mahindra Bank, Axis Bank, IntelleGrow and more

Instamojo

Launched in: 2012
Founders: Sampad Swain, Akash Gehani and Aditya Sengupta
Location: Bengaluru
Sector: FinTech
Total funding: $3.1 Mn
Key investors: Kalaari Capital, Blume Ventures, 500Startups and more

Licious

Launched in: 2015
Founders: Abhay Hanjura, Vivek Gupta
Location: Bengaluru
Sector: Consumers services
Total funding: $39 Mn
Key investors: Bertelsmann India Investments, Vertex Ventures, Mayfield, 3one4 Capital, Sistema, InnoVen Capital and more

Meesho

Launched in: 2015
Founders: Vidit Aatrey, Sanjeev Barnwal
Location: Bengaluru
Sector: Enterprise application
Total funding: $15.4 Mn
Key investors: Sequoia Capital, SAIF Partners, Y Combinator, Venture Highway, Investopad and others.