Photo credit: wckiw / 123RF.
India’s got fountain-level flows of funding happening. Here’s a glimpse into some startups that got funded this week.
Pulse
Hyperlocal social network Pulse has raised US$500,000 in pre-series A funding from Saif Partners.
Designed with students aged 14 to 22 in mind, Pulse connects students with events and circles at their respective schools, and hyperlocal events in city-specific neighborhoods. It is currently present in 60 colleges in Delhi and scattered locations – including one college in Bangalore. The funding will go toward expanding to at least 300 universities in the next month and a half. The company has its eye on Pune, Bangalore, Mumbai, Chandigarh, Manipal, Chennai, and Hyderabad, as well as some smaller cities.
The Android app is linked to users’ Facebooks, and posts can be restricted to particular people or circles. It has stickers available in English, with some Punjabi choices. It plans on making more stickers available in a range of Indian languages.
See: This hyperlocal social network for millennials aims to one-up Facebook, Snapchat
Core Diagnostics
Diagnostics services startup Core Diagnostics, which operates in developing countries in Asia and Africa, has bagged US$12 million from Eight Roads Ventures, US-based F-Prime Capital Partners, and existing investor Artiman Ventures. Other details of the transaction were not disclosed.
The funding will be used to introduce more advanced tests for oncology and in other segments, like infectious disease and gynaecology.
Founded in 2012 by former Google employee Zoya Brar, Core is a high-end pathology service provider that concentrates on India. It offers over 1,000 tests developed in-house in collaboration with international partners. Tests are conducted at the company’s laboratory in Gurgaon.
Core Diagnostics’ services are present in hospitals and labs in over 60 cities in India and abroad. It also partners with international labs looking to operate within the Indian market.
See: ‘As simple as calling an Uber’: meet the startup combating heart disease in India
Streo
Photo credit: Pexels.
Music livestreaming app Streo has raised an undisclosed amount of funding from investment firm Gems Advisory and accelerator fund Quarizon.
Bonita
Coutloot
Indialends
Entropik
TapChief
Crossahead
MonkeyBox
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