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The 2012 Indian Startup Funding Digest- Venture Capital and Angel investment in 2012

December 2012 Bangalore based ZipDial received an undisclosed investment from 500Startups in the second round of seed funding. Plivo, a cloud telephony startup (also a Morpheus gang company) raised $1.75M from Andreessen Horowitz, Battery Ventures, Qualcomm Incorporated and SV Angel. WhistleTalk, a Bangalore based start up aiming to make recruitment easier, raised $400K from Hyderabad Angels. Mast Kalandar, a food chain, raised US $6 Million from Helion Venture Partners and Footprint Ventures in third round of funding. CipherGraph Networks a cloud start up from Bangalore received an undisclosed investment from Chamath Palihapitiya of The Social+Capital Partnership. Gaming startup MadRat games received investment of $500K from Blume Ventures and First Light Ventures. Maximojo Software Pvt Ltd another cloud start up from Mumbai received an undisclosed investment from Mumbai Angels. Utthishta Management Advisors LLP from Hyderabad raised $9.2 million from Utthishta Yekum Fund. iCreate Software raised $10 million from Sequoia Capital, IDG Ventures India and the Series A investors in Series B round of funding. Miraistore. com an e-commerce from Bangalore obtained undisclosed investment from Prem Kumar M, Chairman and MD Uniworld Logistics. ChargeBee in service sector from Chennai raised $350 K from Private Angel Investors. Sharedcab received angel investment of $1 million from Anupam Mittal, Sasha Mirchandani (Kae Capital), Blume Ventures and few others. Simplibuy Technologies Pvt Ltd from Pune received an undisclosed investment from Ecosystem Ventures. Attune Technologies Pvt Ltd a start up in the Healthcare sector hailing from Chennai raised $6 million from Norwest Venture Partners. Vdopia raised $3.4 million of a desired $7.4 million as part of a series B round funding. Examify raised angel round from IndiaGames founder, Vishal Gondal. Times Internet made a 7 figure investment in New York based e-commerce company | daily design for everyone Unilazer invested an undisclosed amount in Local deals search firm Squeakee raised funding from Kae Capital and Mumbai Angels fund. Sports and fitness firms, SportsNest and Playground came together and raised a fresh round of investment from Blume Ventures.

Ezetap Mobile Solutions Pvt Ltd from Bangalore raised Series A funding of $3. Nicolas Berggruen and David Sacksas along with AngelPrime. a growing angel investment network and a part of ah! Ventures India. AdNear raised $7 million from Sequoia Capital and Canaan Partners. True Sparrow Systems was acquired and merged to Fab.2 crore) from Elevar Equity Advisors. formerly Bluebox Media Technologies procured investment from Intertrust Technologies Corporation. In Series A funding.1 million from Silicon Valley Bank (SVB). Shubham Housing Development Finance Company Pvt Ltd based in Gurgaon raised $7. an Education start up from Chennai raised $0. Lenghas. SmartOwner. a Bangalore enterprise raised $14 million from Peepul Capital Fund III LLC. Loylty Rewardz Management Pvt Ltd.5 million from Chamath Palihapitiya’s Social+Capital | daily design for everyone for an undisclosed amount. and existing investors NEA and Jafco Ventures. MobiSwipe Technologies Pvt Ltd a start up in Mobile/Apps sector obtained an undisclosed investment from One97 Mobility Fund. Helion Advisors. Dresses. Jewelery and Accessories Online from Exclusively. a group company of the BSE-listed private equity player IndiaCo Ventures Ltd. an e-commerce company in a Cash cum Equity Deal invested by Myntra. An e-commerce company based in Pune. a new strategic investor. a firm in services sector based in Mumbai raised a funding round of $1. Kiora.8 million (43. SherSingh (previously Buy Indian Suits. ACCION and Saama Capital.2M True Ventures . November 2012 Suburban Diagnostics a healthcare start up raised $8 million from Sequoia Capital. HotelTravel another company from travel sector was acquired for US$ 25 million by MakeMyTrip. Saris. Peter Thiel. October 2012 Helpshift a company working in Mobile / Apps and Service sector raised $3. Harness Handitouch Pvt Ltd.2 million as angel investment from CLUB ah!. Vuclip raised $13 million from SingTel Innov8. Mobivite.One97 Communications Ltd acquired Delhi based Mobile/Apps sector company. A Mobile/Apps sector firm. Brandis Manufacturing and Marketing Private Limited. In Series D Navigene received an undisclosed amount of investment from Incubation and early-stage venture capital investment firm IncuCapital. A healthcare start up from Mumbai. A Delhi based enterprise and e-commerce store Happily Unmarried raised $1 million from Info Edge (India) Ltd. a consumer web firm of Bangalore received an undisclosed investment from AngelPrime.

The third Series B round of funding in the month was procured by Commonfloor. BloomReach a big data/ analytics firm raised $25 million from US Venture Capital Partnership New Enterprise Associates (NEA) in Series C funding round. A rural BPO service provider. Dhingana. Unamia an e-commerce start up from Bangalore raised seed fund of $1. September 2012 Johannesburg Restaurants a leading restaurant rating website under consumer web sector raised $3 Million in second round of funding from Info Edge (India) Ltd. i7 Networks working in cloud sector from Bangalore raised $250K angel funding from Sharad Sharma. A travel start up from Gurgaon. Delhi based Aurus Network working in education sector received an undisclosed investment from Indian Angel Network. and Ventureast Tenet Fund II. Bangalore based e-commerce start up Alma Mater raised funding from Indian Angel Network (IAN). a Music Service sector company raised $7 million from Lightspeed Venture Partners in another Series B round of funding. an early stage venture capital fund backed by Godrej Agrovet Ltd. Ltd raised $4.Hungama. a marketing service sector company raised close to $ 9 Million from Nokia Growth Partners (NGP). Voylla. Oravel procured a seed funding from an e-commerce company from Bangalore procured 7 figure investments (INR) from an individual investor. In Series A funding. Rao Remala and Murali Venkat DesiCrew Solution Pvt Ltd raised $1. Latest MP3 Songs . FrontalRain Technologies an agri-tech startup from Bangalore raised $1 million from Omnivore Capital. a service and entertainment sector based company from India raised $40 million from Intel Capital along with 9 others companies around the world. the fund managed by Ventureast. one of the largest venture capital funding in primary healthcare space. A healthcare start up from Bangalore.and Nexus Venture Partners. based in Mumbai raised US$ 4 million from Aavishkaar. . LimeRoad a Consumer Web company raised $ 5 million from Matrix Partners. A buying club for SMEs (small and medium-sized enterprises).com a consumer web sector company from Accel India and Tiger Global Management. Electronic Payment and Services Private Limited (EPS).Primary Healthcare Services Pvt.2million from Blume Ventures and Angel Prime.5 million from Norwest Venture Partners (NVP). one of India’s largest internet companies. NationWide .12 million in Series B round from responsAbility Ventures I. In Series B round of funding Vizury Interactive. Power2sme raised $2 million from Inventus Capital Partners.

Datagres Technologies Inc an Enterprise set up in Bangalore raised $ 2 million from Nexus Venture Partners. Simplilearn from Bangalore raised investment from IndoUS Venture Partners (IUVP). private investors in the region. a Delhi based education startup.5 million and now the total investment is at $6 million. Capillary Technologies a cloud based start up in raised a series A round worth $15. Travelmob travel sector start up from Singapore procured $1 million in seed funding from Jungle Ventures. Natural Mantra. Vyome Biosciences a healthcare start up from Delhi raised in a Series A financing round. a software firm based in Mumbai raised $0. Avani Bio Energy. Ltd. an online furniture store raised funding from IndoUs Venture Partners. Zomato. August 2012 Bangalore based Quick Service Restaurant (QSR) chain Ammi’s Biryani raised $ 8 million from SAIF Partners. iKen Solutions is an IIT Bombay research spin-off specializing in Artificial Intelligence based Consumer Analytics that enables extremely personalized user experiences. India Innovation Fund has invested in IIT Bombay research spin-off. Poncho. from Allahabad in a Series D equity raise of $7 million by Creation Investments. The Michael & Susan Dell Foundation and Swaminathan Aiyar. Covacsis. with Aarin Capital and Navam Capital as coinvestors. SONATA Finance Pvt. raised a seed amount from Freemont Partners.5 million in Mind Edutainment. part of the non-profit organization AVANI based in Pittoragarh. Blume Ventures and India Venture Partners. Norwest Venture Partners invested $5 million in Bangalore based software firm Appnomic Systems Pvt Ltd. UrbanLadder. RedQuanta is in the business of building customer intelligence through its tech-enabled crowdsourcing based mystery shopping platform. also invested in this round.5 million in an early-stage VC fund from Blume Ventures. . Uttarakhand raised $250K debt-equity investment from Acumen Fund. with participation from other prominent. Unbxd an e-commerce sector company received an investment from Indian Angel Network. Accel Partners invested $0. two existing investors in the company and Anup Kumar Singh.. In the same month.3 Million from the same investor Info Edge (India) Ltd in the third round of investment. the promoter. Mumbai based RedQuanta raised funding round led by India again raised an additional $2.99 Labels an e-commerce firm from Delhi raised $1 million from Info Edge (India) Ltd which had previously invested $3. $4 million from IndoUS Venture Partners (IUVP). In Series C round of funding. a lifestyle destination for eco-conscious shoppers. a start up from Mumbai raised a funding round from Indian Angel Network. An education start up.5 million from Sequoia Capital and Norwest Venture Partners (NVP). iKen Solutions.

a micro credit firm and Asvas Healthcare.Indian Angel Network and India Innovation Fund invested in healthcare startup.7 million from Jungle Ventures.5M in Series B from Info Edge. Nirvana Holdings invested $1. HashCube. . FashionAndYou acquired UrbanTouch (previously funded by Accel) for $30 Million. a Healthcare firm Pune. Cloud startup Mobikon Asia Pte Ltd raised $1. Shantani Proteome Analytics Pvt. a Mumbai start up received an investment from Nirvana Venture Advisors. Ltd. July 2012 Indore start up Twist Mobile secured undisclosed investment from Matrix Partners in series A funding.4 million in a Hyderabad based consumer web start up MySmartPrice.8 million in Hyderabad firms Heritage Finlease. Swipe Telecom a company based out of Mobile/Apps sector in Pune raised Series A funding of $10 million from Mantra Ventures. In a Series C funding round. CHERISHmaternity an e-commerce start up from Bangalore raised a round of angle investment from Marquee Angel Investors Rehan Yar Khan. Practo.7 million from Rajasthan Venture Capital Fund. a services based start up from Delhi procured investment of $3 million in Series A funding from Kepha raised $20 million from Fidelity Growth Partners India and Qualcomm Incorporated in series C round. Rajan Anandan. Consure Accel Partners invested $20 million in BookMyShow In an acquisition deal. a gaming start up from Bangalore secured investment from the Indian Angel Network. International Oncology Services Pvt Ltd (IOSPL) a super specialty cancer care and research centre in Delhi raised $3. cloud start up Aryaka from Bangalore received $25 million from InterWest Partners. Shareaholic. Big Shoe Bazaar – the brand owner of Yebhi. Farooq Oomerbhoy and others. TicketGoose. Sunil Kalra. Blume Ventures. a rural healthcare chain. Bangalore Based online photography company Canvera raised $6. TranServ. Accel Partners & Helion Venture Partners invested $0. a healthcare services based start up raised $5 million from Sequoia Capital. procured undisclosed investment from India Innovation Fund.6 million from angel investors based out of an e-commerce firm based in Chennai received investment of $0. Nevis Networks (India) Pvt. a start up by LiveMinds Solutions Pvt Ltd from Mumbai got angel investment from YourNest Angel Fund. Ltd a LAN security and Network access control firm of Pune had minority stake brought by Ncubate Capital Partners in its debut transaction. BookMyCab.

Sequoia Capital invested in Mumbai based . Educomp Solutions Ltd. a Pune based VC firm. an electronics products and appliance service provider to individual households. raised an undisclosed initial round of funding from Seedfund. raised funding from North Alley Group of companies. a college-corporate bridge. invested 40 lakh INR in STEAMMO. The amount is not disclosed. with participation from Nexus Venture Partners. a community based product reviews platform raised funds from Blume Ventures and VentureEast Partners. Poshvine.MyCity4Kids. an Indian ethnic wear and accessories eCommerce outfit. June 2012 Pune based Pubmatic. the online destination to discover. Reviews42. external commercial borrowings (ECBs) and foreign currency convertible bonds.5 million and $5 million from two undisclosed Indian individual investors. IncuCapital. India’s largest listed education company raised $155 million in financing through a mix of private equity. Ltd. Mumbai-based online ad network Komli Media India raised $39 million. a consumer assistance company. Bangalore-based Jeeves Consumer Services Pvt Ltd. May 2012 iDubba raised angel round from Rajan Anandan (Google India MD). Sequoia Capital and Lightspeed Venture Partners invested an undisclosed amount in OneAssist. a comprehensive marketplace for all kids related local services. reserve and enjoy dining and culinary experiencesraised funding from MyFirstCheque.Citrus Payment Solutions. redeemable. Chennai based Cbazaar.Edubridge Learning Pvt Ltd working in education sector based in Mumbai raised $3 million from Acumen Fund. a food and beverage chain. non-convertible debentures (NCDs). which is operated by J&R Hospitality Management Pvt. Accel Partners invested $5 million in Universal Collectabillia Pvt Ltd (UCPL) an e-commerce firm. Bangalore-headquartered microfinance firm Grameen Financial Services (GFSPL) raised $ 5 million in debt funding through an issue of secured. which offers payment solutions. an education startup for schools under the brandCreya Learning. led by Norwest Venture Partners. raised $ 45 million in funding fromMezannine Financing. YourNest Angel Fund announced that they have made an investment in Gurgaon based startup. the digital media platform for publishers. Srikant Sastri (Vivaki India head) and Abhishek Rungta/Pallav Nadhani (seeders. Hyderabad-based Kindle Experiential Learning. has raised . raised between $4.

an innovative rural distribution company . raised $5M in Second Round of Funding Led By Tiger Global and Accel Partners. Ltd. raised $3. Hippocampus Learning Centres. which deals with kidswear. Data Card and DTH recharges through Internet and Mobile channels raised an undisclosed amount of funding from Ladderup Finance Limited. Serendipity Infolabs Pvt.5 million from Inventus Capital Partners a US-India venture capital and Ojas Venture Partners. a Delhi-based affordable education provider. Helion Venture Partners and Blume Ventures. raised $ 6. Ecommerce startup Unamia. which aims at solving the problem of information overload. a cross-device mobile advertising solution.5 Million in Bangalore Startup Snowman Logistics. a Chennai-based Platform-as-a-Service (PaaS). an early-stage technology based investing firm. the hugely popular internet and mobile based classifieds service attracted an investment of US$32 million led by Warburg Pincus. which provides mobile.that helps create business solutions. April 2012 IFC Invested USD 6. raised Rs. the online help desk software solution.157 million from Bamboo Finance. and the size of funding is expected to be around $2 Mn JustRechargeIt. Internet’s first social media benchmarking company. Unmetric. Mobile Query Startup Innoz Raised Series A Funding From Seedfund IDG Ventures. Accel Invested $5M in Forus Health. an engineering education start-up raised funds from Accel Partners. a Bangalore-based education services provider raised $ 1. raised undisclosed amount in angel funding from AngelPrime Zovi.Series A funding of $ 3. Quikr. a global private equity firm focused on growth a private label e-tailer dealing in apparel and accessories for men and women disclosed that it raised $10 million in series B round of funding from Tiger Global along with existing investor SAIF Partners.3 million from Lok Capital and Acumen Fund as part of a Series A round of funding Bangalore based Limberlink Technologies.2M in Series A Round Led By Nexus Ventures Unitus Seed Fund and Others Invested in Villgro Innovation. OrangeScape. Car Rental Startup Olacabs Secured INR 40 Crores Funding From Tiger Global Ojas Ventures & Blume Ventures Invested in Information Sharing Network Insieve. a cold chain logistics solutions provider. Drawbridge. Freshdesk..5 million in Series A funding from Sequoia Capital and Kleiner Perkins. which runs the online taxi booking site TaxiForSure. Gaming Startup Rolocule Games secured Funding from Mumbai Angels & Blume Ventures. a Bangalore-based affordable medical technology and solutions raised venture capital funding from Accel Partners. and allows for intelligent sharing of information. Helion Backed Vienova Education. raised $ 1 million from Indian Angel Network.

an eCommerce logistics company raised $ 0.5 million from Ojas Ventures Sequoia Capital invested $7. India’s online lingerie-only store. Nexus.5 million in online training startup. Birds Eye Systems secured funding from CIIE YourNest Angel Fund invested in Proof of Performance Data Services. BrizzTV. MyShaadi Raised first round of funding from Indian Angel Network Drivers Training Program.2 million from Mumbai Angels.eCommerce Delivery Solutions. a media technology company raised a series A funding of $1. christened Earthive. raised Series A Funding From IDG & Indo-US Venture Partners Traffic Tracker. raised Series A $ 4 million Funding from Nexus Venture Partners March 2012 Exotel. Edusys Bakers Circle. raised $ 0. a Bangalore based startup that offers business phone systems on the cloud to SMEs. Ingovern Anudip.4 million from Hyderabad Angels. India’s largest online chauffeur driven car rental company. raised $1 million from Inventus Capital Partners TalentSprint. Delhi based Chhotu. maintenance. to help them manage their IT and business operations smoothly. online retailer of home decor products raised USD 6 million from Accel Partners and Tiger Global. the provider of Business Intelligence (BI) and Analytics solutions for the retail and consumer goods industries raised $ 1 million from Norwest Venture Partners Green India Building Systems and Services that offers operational.5 million Series A Funding from Mumbai Angels & Blume Ventures Nirvana Venture Advisors bought 10% In Games2win. ICICI Venture Part-exit Zivame. February 2012 Bangalore based Zansaar. Hotelogix. one of the top 20 online games company.5 million from Global Super Angels of India Mohandas Pai invested in India’s first Proxy Advisory Firm. Education Technology Startup. and energy solutions to reduce the overall building life-cycle expense raised $ 0. CarveNiche secured $ 0. which offers enterprise SaaS for hoteliers across the world.2 M funding led by Accel Partners Wedding Service . ‘Pawan ko kahin dekha kya’ secured angel investment from Deep Kalra. Alok Mittal and others. a foundation with an aim is to provide opportunities of livelihood for impoverished . a pioneer in creating high performance professionals for the IT and BFSI industry.United Mobile Apps secured $ 1 million Series A funding from Mumbai Angels Savaari Car Rentals. available on its cloud based platform. a maker of frozen bakery and confectionery products secured $ 3 million from GEM India Advisors and Haystack Manthan Systems. secured $1. Proof of Performance offers insights to decision makers based on Video Analytics from the archives of the real world videos.

com: Buy Nutrition. raised $ 0. a fashion apparel and accessories e-commerce brand (Now donebynone. .4 million in second round of funding from existing investor Sequoia Capital and another new investor Omidyar Bangalore based Education Technology Startup eDreams Software raised $ 1 million from Mumbai Angels Hyderabad based ScanCorner which is into professional photo digitization and restoration raised $ 0.65 million from Omidyar Network Mumbai based startup SM Windsol which provides renewable energy solutions.15 million from a cloud based telephony Solutions company raised $ 7 million from Sequoia Capital. Health Care. Bluestone Seedfund invested an undisclosed sum in Buy Womens Apparel Online. Rama Velamuri and two other angels Knowlarity.4 million in angel funding from Akasam Consulting January 2012 Freecharge. Beauty & Personal Care Products Online in Gurgaon-based start-up Bright Lifecare Pvt Ltd. an online mobile recharge portal raised $ 4 million from Sequoia Capital Accel Partners and serial entrepreneur Meena Ganesh.youth in rural and semi-urban areas of India raised $ 0.1 million from FirstLight Healthcare Online Portal DialUrDoctor raised $ 0. which runs the online health store HealthKart. raised $5. CEO & MD of Pearson Education Servicesinvested $ 5 million in Jewellery eCommerce.