Take a look at some of the inspiring new companies that made their debut this year. They include providers of education technology, location based shopping deals, YouTube Analytics, corporate training, healthcare finance, ethnic fashion and ecommerce portals.
The western coast city of Vadodara in Gujarat, India, is the base of Math Buddy, which develops interactive tools and games to help children navigate their way through the perils of elementary math. The startup has nabbed US$440,000 in fresh funding from the Menterra Social Impact Fund.
The equity funding will help the startup expand to more schools, build teacher engagement and training, and expand to low-income classrooms.
Founded in 2010, Math Buddy is present in 200 schools across 19 Indian states.
For more information see – Math-teaching startup raises fresh funding to help kids fight their fear of numbers
Not to be punny, but tech startup Kloseby specializes in proximity. It’s just raised US$100,000 in seed funding from an undisclosed investor.
The funding will be split between user acquisition and merchant/client acquisition.
Founded this year by Rahul Sindhu and IIM-Kozhikode alum Gaurav Garg, Kloseby offers deals to users through its app. The deals depend on what stores are nearest the user.
Kloseby is present in Pune and Bangalore and downloadable from Google Play. Users may also sign up for the iOS app, which will be released soon, on the startup’s website.
Another Indian startup has received support from Facebook through the FbStart program – VideoVibe has gained US$40,000 in services and credits through the initiative that seeks to aid young mobile apps.
Founded in September this year, VideoVibe helps track YouTube analytics, giving users simplified graphs and charts. It tracks over 10,000 YouTube channels and currently has 30,000 users.
Recommerce fashion site Coutloot also received US$40,000 in tools and services through FbStart.
For more featured startups, please read the full story at https://www.techinasia.com/8-rising-startups-india-dec-5-2016