5 rising startups in India – June 22, 2016

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Summer may have just started, but these startups are sizzling. Our list of funded startups today includes an app that breaks down and summarizes government policies for everyday citizens, a computing startup, a freight trucking company, and a travel startup aimed at people who love the great outdoors. Meanwhile, a travel company acquires transportation in an interesting deal.

The Indian Iris

The Indian Iris, a startup that uses policy research and consulting services to analyze and simply government policies, has raised an undisclosed amount of angel funding from Ahmedabad-based Timbru Ventures.

Founded last year by Narayan Singh Rao and Sahitya Sindhu with support from IIM Ahmedabad’s Centre for Innovation Incubation and Entrepreneurship (CIIE), The Indian Iris simplifies and breaks down central and state government policies to help citizens understand them.

“We started with the thought that all governments, center or state, formulate some policies and schemes for the welfare of businesses or for their citizens. However, many times the information is not easily available, searchable and easily understood by common citizens, depriving them from availing benefits,” said Sahitya in a statement. “There are language barriers too.”

The startup’s app Join R, available for Android, delivers policy and government scheme-related information to users. The beta version of the app maps 650,000 villages in India and allows the user to join his or her village community. Users can also request information on specific policies.

The Indian Iris claims to have 30,000 users with 145,000 page views per month.

Delhi-based Civilsdaily, originally conceived as an edtech startup that breaks down information for stduents studying for government exams, breaks down news issues into digestible bullet points.

Celerix Tech

Bitkemy Ventures has invested US$400,000 in seed funding in Bangalore-based Celerix Technologies. Celerix Tech is a computing startup that designs application-specific hardware with reprogrammable chips. It serves as a technology outsourcing partner for firms, investment banks, exchange operators, brokerages, and hedge funds among others.

Founded by Nagesh Kodavali and Nithish Rao, both graduates of National Institute of Technology, Karnataka (NITK) Surathkal, Celerix offers application services and performance engineering through its products: Impetus, PMP, and Propero.

Nagesh holds an MBA from University of Iowa and has 22 years of experience in product development and program management in India and the US. Nithish has a background in tech and fund management.

Dipper

Photo credit: Pixabay.

Delhi-based Dipper Technologies has raised funding from an angel investor. Dipper Technologies runs freight logistics marketplace Dipper. The company did not reveal the name of the investor.

Naturenama

Yatra