Monthly Archives: February 2013

Tech companies in Pune that have recently raised funding

Featured, Money Matters, , ,

Here is a list of technology companies that are fully, or mostly based in Pune, and have raised angel, seed, or venture capital in recent times. If you know of any company missing from this list, please leave a comment below so we can update the list.

Companies that raised Series A or better in recent times:

  • TripHobo – online travel planning portal [Kalaari Cap]
  • Helpshift – Mobile SDK for customer support/service/feedback [Intel Capital, Nexus, True Ventures]
  • Swipe Telecom (Makers of cheap tablet PCs) – [Kalaari Cap, Mantra Ventures]
  • SoftTech Engineers – Civil, Construction and Infrastructure ERP Software Company [Rajasthan Venture Capital]
  • Uniken – Enterprise Security Software Products [Nexus]
  • LinguaNext – Localization Software for the Enterprise Software Products Market [Helion]
  • Vaultize – Enterprise File Sharing and Sync [Tata Capital]
  • TastyKhana – Online Food Ordering Service [Delivery Hero]
  • Dhingana – online Indian music streaming [Lightspeed, Inventus, Helion]
  • Pubmatic – Online Ad Optimization Platform[August Capital, Draper Fisher Jurvetson, Nexus, Helion]
  • Druva – Enterprise Backup Software Products [Sequoia]
  • Sapience (Previously Innovize Tech) [SEED Enterprises & IAN]
  • FirstCry – Online Baby Products [IDG Ventures, Saif Partners]
  • Krayon Pictures – Animation (makers of Delhi Safari) [Jhunjhunwala, Maneesh Bhandari]
  • ShopSocially – Shopping Social Network [Valhalla Partners]
  • TrueSparrow [Acquired by Fab.com]
  • Cumulus Systems [Acquired by Hitachi]
  • Ever Sun Enervy [Acquired by Techpro Systems]
  • IRIS Energy [Plexus Capital Ventures]

Companies that raised an angel or seed round in recent times:

  • EZMove – Online packers and movers marketplace [Various HNIs]
  • AdSparx – Video ads platform [IAN, Mumbai Angels, GrowX]
  • Function Space – Online Platform for Social Learning / Science and Maths [Nexus]
  • CarIQ – Connecting cars to the cloud for better decision making [Pose Ventures]
  • Ayojak – Online Ticketing and Event Management [HBS Alumni Angels, Blume, Srijan]
  • ShoppingWish.in – price comparison website (by ex-Dhingana co-founder)
  • Simplibuy (Wicfy) Hyperlocal price search
  • AppSurfer (previously DroidCloud) – Try-before-you-buy solution for mobile apps [Vijay Sharma, Alok Kejriwal]
  • BootstrapToday – App lifecycle management SaaS solution
  • ViralMint – Product to create and analyze smail, facebook, twitter, affiliate marketing campaigns
  • Jombay (previously YourNextLeap) [Nirvana Venture Advisors]
  • Sokrati – Digital Marketing Analytics Solution [Inventus Capital]
  • MindTickle – Gamification of Employee Engagement
  • LifePlot (Sofomo) [Fusion Tech Ventures]
  • MaxiMojo (Hotel Software on Cloud) [Mumbai Angels]
  • Rolocule – Gaming company – [Mumbai Angels / Blume]
  • Shantani Proteome Analytics – Services for studying protein structures [India Innovation Fund / Blume]
  • Shashwat Oorja – Renewable Energy (Biogas)
  • Gram Oorja – Rural electrification / computerization
  • Abgenics – R&D in novel therapies for Animal and Human Health
  • Tridiagonal Solutions – Computational Fluid Dynamics software solutions and services

[Older] Sort-of Established Companies who raised significant funding in the
past, or were acquired a while back:

  • QuickHeal – Antivirus Software
  • Airtight – Wireless Security Software Products
  • SEED Infotech – (Training Institute) [Ashmore Alchemy]
  • Vertex [acquired by NTT Japan]
  • Kenati – Home Networking Products [acquired by 2wire]
  • IdeaS – Airline Inventory Optimization Software [acquired by SAS]
  • PACE – Gaming Software [acquired by nVidia]

Pune’s Ayojak (Online Ticketing & Event Management) raises funding

Money Matters, , ,

Online Ticketing and Event Management startup, http://Ayojak.com has just secured funding from HBS Alumni Angels, Blume Ventures, and Srijan Capital. The majority of the investment will be used to launch new products to serve segments such as training & educational institutions, seminars, workshops, lifestyle activities, last minute tickets, adventurous trips and social activities. Also, part of the investment will go towards providing solutions for last-mile services such as entry management and Box-Office.

Here is Ayojak’s description from their press release:

Ayojak.com offers a cloud hosted online suite of event solutions platform offering four pillars of services such as event ticketing/registration software (for ticketing, conference, RSVP, charity), payment processing (online, retail, cash-on-delivery), event marketing and logistics. Since 2009, Ayojak.com has been powering 1000s of events pan India including large scale events such as Live in Concerts, World Series Hockey, Patna Marathon, Joy Run, India Resort Fashion Week and many more.

And about the events being hosted by Ayojak, founder Santosh Panda says:

“We are having significant growth with 425+ events in Q3 FY 2012 vs 381 events in the entire FY 2010-11; with ‘sports’ being the fastest growing event category while ‘business & education’ topped the chart.”

See also NextBigWhat’s coverage of Ayojak’s funding. Includes an interview with Santosh.