Indian Startup Funding and Investment Chart [May 2016]
The following table gives you details of all the Indian startup funding deals happened in month of May 2016.
You can view up-to-date funding chart on Indian startups here.
May 2016
Sr. No. | Date (dd/mm/yyyy) | Startup Name | Industry/ Vertical | Sub-Vertical | City / Location | Investors’ Name | Invest-ment Type |
Amount (in USD) |
1 | 01/5/2016 | MotoMojo | Consumer Internet | Mobile based Vehicle maintenance App | Mumbai | Niloufer Dundh, Fauzan Rahim, Balamurugan Mani, | Seed Funding | N/A |
2 | 01/5/2016 | Get My Parking | Technology | Parking Technology Platform | New Delhi | The Chennai Angels | Seed Funding | 376,000 |
3 | 01/5/2016 | Prescribez | Consumer Internet | Health Service Aggregator Platform | Pune | Ankush Mehta | Seed Funding | 145,000 |
4 | 02/5/2016 | Airwood | Technology | Agri Data & Analytics Platform | Chennai | StartupXseed Ventures | Seed Funding | N/A |
5 | 03/5/2016 | Mobikwik | Consumer Internet | Mobile & Digital Wallet | Gurgaon | GMO Payment Gateway, MediaTek | Private Equity | 50,000,000 |
6 | 03/5/2016 | iDreamCareer | Consumer Internet | Career Planning Services Portal | New Delhi | Brand Capital | Private Equity | N/A |
7 | 03/5/2016 | Zwayam | Consumer Internet | Online Recruitment Platform | Bangalore | Undisclosed investors | Seed Funding | 250,000 |
8 | 03/5/2016 | BoiBanit | Consumer Internet | Online Food Delivery platform | Vadodara | Undisclosed investors | Seed Funding | N/A |
9 | 03/5/2016 | Zuver | Consumer Internet | Car driver Discovery App | Mumbai | Shruth & Smith Group, Hermes Group | Seed Funding | 180,000 |
10 | 03/5/2016 | Prepathon | Education | Competitive Exam learning platform | Mumbai | Blume Ventures | Private Equity | N/A |
11 | 04/5/2016 | EasyRoads | Consumer Internet | Road Trip planning Mobile app | Mumbai | Rohan Angrish, Hrishi Oberoi, Rahul Mehta, Kapil Hetamsaria, Pranav Dedhia | Seed Funding | 200,000 |
12 | 04/5/2016 | Lenskart | eCommerce | Eyewear & Accessories etailer | New Delhi | International Finance Corp, TPG Growth, Adveq Management, IDG Ventures, Ratan Tata, Kris Gopalakrishnan | Private Equity | 60,000,000 |
13 | 04/5/2016 | Seclore | Technology | Enterprise Security Technology platform | Mumbai | Sistema Asia Fund, Helion Venture, VentureEast, India Alternatives | Private Equity | 12,000,000 |
14 | 04/5/2016 | SolarTown | Technology | Solar Rooftop system installation company | Chennai | Grex.in | Seed Funding | 200,000 |
15 | 04/5/2016 | Comarete | Technology | Telecom & Media IT services company | Pune | Grex.in | Seed Funding | 200,000 |
16 | 04/5/2016 | MyDentistChoice | eCommerce | Medical Supplies eTailer | Hyderabad | Undisclosed investors | Seed Funding | 150,000 |
17 | 04/5/2016 | Active.ai | Technology | Intelligent Tech platform for Finance vertical | Singapore | Kalaari Capital Accelerator Program | Seed Funding | 500,000 |
18 | 04/5/2016 | Affordplan | Technology | Affordable non-emergency medical service health plans | New Delhi | Kalaari Capital Accelerator Program | Seed Funding | 500,000 |
19 | 04/5/2016 | Indee | Consumer Internet | Web Video Streaming Platform | Bangalore | Kalaari Capital Accelerator Program | Seed Funding | 500,000 |
20 | 05/5/2016 | Unbxd | Technology | eCommerce product discovery software | New Delhi | IDG Ventures, Inventus Capital, Indian Angel Network | Private Equity | N/A |
21 | 05/5/2016 | WebAlligator | Consumer Internet | Cloud Based Software Solutions | Bangalore | Group of undisclosed Angel Investors & HNIs | Seed Funding | 375,000 |
22 | 06/5/2016 | EduAce Services | Education | Education Workshops & mentoring programs | Lucknow | MoMagic Technologies | Private Equity | 1,000,000 |
23 | 06/5/2016 | Meesho | eCommerce | Social commerce platform | Bangalore | Rajul Garg & Others | Seed Funding | N/A |
24 | 07/5/2016 | Zebroads | Logistics | Logistics and Warehousing services | Hyderabad | Undisclosed investors | Seed Funding | 75,000 |
25 | 09/5/2016 | Locus | Technology | Logistics Intelligence platform | Bangalore | Exfinity Venture Partners, Blume Ventures, BeeNext, Rajesh Ranavat | Private Equity | 2,750,000 |
26 | 09/5/2016 | Toko Innovations | Consumer Internet | Children’s Entertainment Portal | Bangalore | Roopak Saluja, Vishal Khare | Seed Funding | 450,000 |
27 | 09/5/2016 | Rentickle | eCommerce | Furniture, appliances Portal | New Delhi | Manish Kheterpal, Vinay Mittal, Dinesh Mittal, Sandeep Gupta | Seed Funding | 250,000 |
28 | 10/5/2016 | HealthifyMe | Consumer Internet | Health & Fitness App | Bangalore | IDG Ventures India, Inventus Capital, Blume Ventures | Private Equity | 6,000,000 |
29 | 10/5/2016 | Zarget | Consumer Internet | Conversion Rate Optimization Platform | Chennai | Accel Partners, Matrix Partners, Girish Mathrubootham | Private Equity | 1,500,000 |
30 | 10/5/2016 | InnoNano Research | Technology | Clean Water Technology | Chennai | NanoHoldings | Private Equity | 18,000,000 |
31 | 10/5/2016 | SchoolWear | eCommerce | School Uniform & Supplies Marketplace | Mumbai | Undisclosed investors | Seed Funding | 1,500,000 |
32 | 10/5/2016 | Swiggy | Consumer Internet | Food Delivery Platform | Bangalore | Norwest Venture Partners, DST Global, Accel Partners | Private Equity | 7,000,000 |
33 | 11/5/2016 | Zenify | Consumer Internet | Home rental Discovery & Booking Portal | Bangalore | Undisclosed Investors | Private Equity | 900,000 |
34 | 11/5/2016 | Faircent | Consumer Internet | Online Peer to Peer Lending platform | Gurgaon | JM Financial Products Ltd, Arun Tadanki, Doreswamy Nandkishore, Kshitij Jain | Private Equity | N/A |
35 | 11/5/2016 | Fractal Analytics | Technology | Data Analytics Company | Mumbai | Khazanah Nasional Berhad | Private Equity | 100,000,000 |
36 | 12/5/2016 | Unacademy | Consumer Internet | Free Online Education Platform | Bangalore | Blume Ventures, Rajan Anandan, Sumit Jain, Aprameya Radhakrishna, Sujeet Kumar, Phanindra Sama | Seed Funding | 500,000 |
37 | 12/5/2016 | Capital Float | Consumer Internet | Online Lending Platform | Bangalore | Creation Investments Capital Management, SAIF Partners, Sequoia Capital, Aspada Ventures | Private Equity | 25,000,000 |
38 | 12/5/2016 | Life Circle | Healthcare | Senior Healthcare Services | Hyderabad | GROUPE SOS | Private Equity | 150,000 |
39 | 12/5/2016 | Dream Wallets | Consumer Internet | Online Crowdfunding platform | Jaipur | Rakesh Gupta, Aditya Aggarwal, Siddharth Banerjee, Vikas Ranjan, Anshul Jindal, Sunil Koul, and Sanjeev Agrawal | Seed Funding | N/A |
40 | 12/5/2016 | ShabdNagari | Consumer Internet | Hindi social networking portal | Kanpur | ah! Ventures | Seed Funding | N/A |
41 | 12/5/2016 | Galleri5 | Consumer Internet | Visual Content Discovery platform | Bangalore | Phanindra Sama, Raghunandan G, | Seed Funding | N/A |
42 | 12/5/2016 | Derbii | Logistics | Carpooling Services | Gurgaon | Anurag Chauhan | Seed Funding | N/A |
43 | 13/5/2016 | StayZilla | Consumer Internet | Budget Room Aggregator Booking platform | Chennai | Matrix Partners, Nexus Ventures | Private Equity | 13,500,000 |
44 | 13/5/2016 | WoW Express | Logistics | E-Commerce Logistics Solutions | Mumbai | Undisclosed Investors & Tamarind Family Private Trust | Private Equity | 2,200,000 |
45 | 16/5/2016 | Smartivity | eCommerce | Smart Learning products | Delhi | S Chand, AdvantEdge Partners | Private Equity | 1,000,000 |
46 | 16/5/2016 | BedBathMore | Consumer Internet | Home Decor eMarketplace | Mumbai | Kinnevik Group, Rocket Internet | Private Equity | N/A |
47 | 17/5/2016 | Murgency | Consumer Internet | Medical Emergency Response App | Mumbai | Rata Tata | Private Equity | N/A |
48 | 17/5/2016 | Crownit | Consumer Internet | Mobile customer rewards management platform | Gurgaon | Undisclosed investors, Accel Partners, Helion Venture Partners | Private Equity | N/A |
49 | 17/5/2016 | Blinge | eCommerce | Apparel Rental platform | Mumbai | Anupam Mittal, Anuj Srivastava, Ankit Nagori | Seed Funding | N/A |
50 | 18/5/2016 | TheSmartQ | Consumer Internet | Food Ordering Mobile App | Bangalore | YourNest Angel Fund | Seed Funding | 250,000 |
51 | 18/5/2016 | PurpleHealth | Consumer Internet | Online health-on-demand platform | Trivandrum | Katabole Technology Venture | Seed Funding | 100,000 |
52 | 18/5/2016 | Fundamentor | Education | Aptitude Development Program | Pune | Subramanya SV | Seed Funding | N/A |
53 | 18/5/2016 | EduPristine | Education | Online Certification Courses | Mumbai | Kaizen Management Advisors, DeVry Inc | Private Equity | 10,000,000 |
54 | 18/5/2016 | BhiveWorkspace | Reality | Co-Working Spaces | Bangalore | Blume Ventures | Private Equity | 1,000,000 |
55 | 18/5/2016 | Parentlane | Consumer Internet | Parenting & Child Care app | Bangalore | Sujeet Kumar, Aprameya, Sumit Jain, Subramanya Venkat, Venk, Ravi Machani, Hitesh Gupta, Rohit Choudhary | Seed Funding | N/A |
56 | 19/5/2016 | Appie | Consumer Internet | Location-based offline retail discovery platform | Mumbai | Undisclosed investors | Seed Funding | 1,000,000 |
57 | 19/5/2016 | Niki.ai | Technology | Artificial Intelligence Platform | Bangalore | Ratan Tata | Private Equity | N/A |
58 | 19/5/2016 | TaxiVaxi | Consumer Internet | Cab Aggregating Platform | New Delhi | Undisclosed HNIs | Seed Funding | 500,000 |
59 | 19/5/2016 | Veqta | Consumer Internet | On Demand Digital Sports Network | New Delhi | Chatsworth Management, ITW Digital | Seed Funding | 500,000 |
60 | 20/5/2016 | i2ifunding | Consumer Internet | Online Peer to Peer Funding | Noida | Undisclosed Investors | Seed Funding | 300,000 |
61 | 23/5/2016 | EduRev | Consumer Internet | Online Learning Platform | Gurgaon | Pradeep Reddy Kamasan | Seed Funding | N/A |
62 | 23/5/2016 | Hoppingo | Consumer Internet | Fashion Discovery platform | New Delhi | vCommission | Seed Funding | 89,000 |
63 | 24/5/2016 | Eatonomist | Consumer Internet | Food Delivery Platform | Gurgaon | MCube Capital Advisors Pvt Ltd | Seed Funding | N/A |
64 | 24/5/2016 | Goalwise | Consumer Internet | Online investment platform | Bangalore | Undisclosed HNIs | Seed Funding | 1,000,000 |
65 | 25/5/2016 | Roast | Consumer Internet | Mobile entertainment App | New Delhi | Indian Angel Network | Seed Funding | N/A |
66 | 25/5/2016 | Address Health | Healthcare | Pediatric Primary Healthcare Network | Bangalore | Gray Matters Capital | Private Equity | 1,500,000 |
67 | 25/5/2016 | Arcatron Mobility | Technology | Mobility Devices for differently abled | Pune | Sudhir Mehta | Seed Funding | 100,000 |
68 | 25/5/2016 | SheThePeople | Consumer Internet | Digital platform for Women | New Delhi | Anand Mahindra | Seed Funding | N/A |
69 | 26/5/2016 | Cleartax | Consumer Internet | Online Income Tax Filing platform | Bangalore | FF Angel, Sequoia Capital | Private Equity | 2,000,000 |
70 | 26/5/2016 | Consure Medical | Healthcare | Medical Devices Kit manufacturer | New Delhi | Accel Partners, Indian Angel Network, India Innovation Fund India Venture Partners | Private Equity | N/A |
71 | 26/5/2016 | mChamp | Consumer Internet | Celebrity Entertainment Contest App | New Delhi | MoMagic Technologies | Seed Funding | 475,000 |
72 | 27/5/2016 | Pianta | Consumer Internet | Online healthcare service discovery platform | Bangalore | Kunal Shah, Sandeep Tandon | Seed Funding | N/A |
73 | 30/5/2016 | Vahanalytics | Technology | Safe driving Analytics platform | Mumbai | Anirudh Damani, Vikram Lakhotia | Seed Funding | 200,000 |
74 | 31/5/2016 | Play Your Sport | Consumer Internet | Location based Sports & Fitness Discovery App | New Delhi | Ashish Gupta and other undisclosed investors | Seed Funding | N/A |
75 | 31/5/2016 | Koovs | eCommerce | Apparel & Lifestyle eTailer | New Delhi | HT Media Ltd | Private Equity | 4,400,000 |
76 | 31/5/2016 | CCavenue | Consumer Internet | Payment Gateway | Mumbai | NSI Infinium Global Pvt. Ltd | Private Equity | 8,900,000 |
77 | 31/5/2016 | 1mg | eCommerce | Online Pharmacy | Gurgaon | HBM Healthcare Investments | Private Equity | N/A |
78 | 31/5/2016 | Tpot | Food & Beverage | QSR Chain | Gurgaon | Ashish Gupta | Seed Funding | N/A |
79 | 31/5/2016 | MachaDalo | Consumer Internet | Hyperlocal Advertising Platform | Mumbai | Undisclosed Investors | Seed Funding | 175,000 |
80 |
Note: Data Usage Rights
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
This data is available to everyone
We spend considerable amount of time in making this list – and we are offering it completely free unlike many others who will charge you big $$$’s. We just need to make a simple request, if you use any of the data (partially/fully), please do attribute back it to us with a link-back.
And if you like the list and appreciate our efforts, please do share it on your Social timelines and let your friends know about it
If you want to share funding related news, you can use this form, or simply scroll at the bottom of the page and fill the form. If we have got anything wrong on the page, you can use the form to update us about the changes.
If you have suggestions to make, please drop us line at [email protected] .
*Some startups may be based out of India, but have Indian founders or Offices in India
Startup Funding Data for 2016
Funding Data For January 2016 (104 Deals)
Funding Data For February 2016 (100 Deals)
Funding Data For March 2016 (85 Deals)
Funding Data For April 2016 (79 Deals)
Startup Funding Data for 2015
Funding Data For January 2015 (55 Deals)
Funding Data for February 2015 (56 Deals)
Funding Data for March 2015 (60 Deals)
Funding Data for April 2015 (63 Deals)
Funding Data for May 2015 (59 Deals)
Funding Data for June 2015 (86 Deals)
Funding Data for July 2015 (98 Deals)
Funding Data for August 2015 (97 Deals)
Funding Data for September 2015 (88 Deals)
Funding Data for October 2015 (95 Deals)
Funding Data for November 2015 (92 Deals)
Funding Data for December 2015 (89 Deals)
Note to Startups: If we have missed your funding listing or information does not appear correctly, do drop us a line on [email protected]. If you have to tip us anonymously, use our contact form or send a mail to same email ID.
Comments are closed.