7 rising startups in India – June 13, 2016

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Today sees company team-ups in both the used car marketplace and leisure spaces, while edtech, cleantech, logistics, and e-book publishing startups all get some good old-fashioned funding. Check out these startups that are moving on up in India.

Spinny

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Delhi-based Hopcar, which connects buyers and sellers of used cars, has merged with Delhi-based online used car marketplace Spinny. The new company will operate under Spinny’s name, and Hopcar’s four co-founders – Arijit Biswas, Rahul Thakur, Anish Karan, and Rahul Anad – will join Spinny and become members of its core team.

Spinny, founded in April, evaluates a car via its own checklist that takes 200 points into consideration. It is also working on algorithms that score and price the cars on its site.

“The vision Niraj had for Spinny was very much in line with that of ours for Hopcar,” said Hopcar co-founder Arijit Biswas in a statement.

Hopcar was founded last year.

Spinny plans to expand further in Bangalore and enter into other tier one and tier two cities in India by the end of the year.

EdTechReview

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Edtech media startup EdTechReview has raised an undisclosed amount in pre-series A funding from EVC Ventures. EVC managing partner Anjli Jain led the round.

The funding will be used to extend the startup’s offerings in different cities.

EdTechReview is a media portal that provides information about educational technology to educators or those looking to invest in edtech. It was founded in 2012 by Utkarsh Lokesh, Shantanu Rana, Divya Prakash, and Saransh Garg, and claims to have 60,000 subscribers from around the world.

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