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Emerging Start-ups in Mumbai

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Emerging Start-ups in Mumbai

Venture capital investments have picked up pace in India. As per KPMG, the start-up ecosystem saw over $2.5 billion investment in the third quarter of 2018, which was almost double from over $1 billion invested in the second quarter. Despite the increase, this is half of the $5 billion invested in the third quarter of 2017. Start-up comes with disruptive innovations, which develops confidence to take risks and explore by advocating and later on rewarding opportunity.

 

The report says that India saw a quarter on quarter increase in VC investment buoyed by $1 billion raised by hotel booking company Oyo Rooms to finance its expansion into China. Oyo became India's second most valuable technology start-up after Paytm and leapt into unicorn status with a $5 billion valuation. India also saw several $100 million plus megadeals this quarter, including $225 million by Udaan, $120 million by Curefit and $100 million by BookMyShow," the report said.

 

It has also seen that online marketplaces continue to gain a lot of traction in India during the quarter, with the second-hand car company Cars24 raising $50 million. India is witnessing a rapid rise in the B2B tech startup landscape, focused on verticals like healthtech, fintech, and ecommerce/aggregators.

 

According to a report, the investment in startups across segments such as Artificial Intelligence (AI), Fintech, Logistics and Software as a Service (SaaS) touched $6.1 billion, with investment in 575 firms since 2016. Till now fintech topped the chart in terms of funding with $4.4 billion, followed by logistics at $838 million. There are certain interesting start-ups present in Delhi/NCR, Mumbai, Bangaluru and Chennai, of which we present you the leading 5 start-ups from each of these cities –

 



COMPANY : Sequretek
PROMOTER: Anand Naik, Co-Founder & CEO
SOLUTION OFFERINGS: Manage Detection & Response(MDR), Security  Strategy & Roadmap, Secure Infrastructure Services, Vulnerability & Threat  Management, Malware Analysis, Governance Risk & Compliance, Endpoint  Security Solutions


COMPANY : Smokescreen Technologies
PROMOTER: Sahir Hidayatullah, CEO
SOLUTION OFFERINGS: Targeted Threats, Lateral Movement, Detection,  Web-Application Attacks, Malware-Less Attacks, Social Engineering, Threat  Intelligence, Ransomware


COMPANY: Droni Tech
PROMOTER:  Onkar Bhosle, Co-founder / Product Head
SOLUTION OFFERINGS: Drone Management Software, I based Agriculture  Drone, AI Based Medical Drone, AI Based Disaster Box drone and Fixed Wing Aerial Day, Night Surveillance UAV

COMPANY : AlgoSurg Products Pvt Ltd
PROMOTER: Dr Vikas Karade (CEO & Founder)& Amit Maurya (CTO & Founder)
SOLUTION OFFERINGS: Web-based software Tabplan3D for surgeons to  simulate bone surgeries in 3D and to get 3D printable surgical-tool design 


COMPANY : Jubi AI
PROMOTER: Subhadeep Bhattacharyya,  Co-Founder and CEO
SOLUTION OFFERINGS: Iterative Turing Optimization, Omni channel and  Voice-Capable,  Performance-based to solve toughest challenges,  Personalized  re-engagement,  Multi-lingual and behaviour-first