By Rudra Narayan Sahoo, New Delhi/Mumbai: CB Insights, a research firm that tracks venture capital and startups, recently reported data that highlights 12 early-stage Indian tech companies to keep an eye on. These are companies that have all raised funding in June 2015 or later, but have not yet raised a Series B round. Out of these, two HR startups (Aasaanjobs and Belong) and one EdTech (CueLearn) featured among these 12 while others belong to fintech, digital health, food delivery and more.
These 12 early-stage Indian tech companies are as followed: Aasaanjobs, Opinio, Razorpay, ClearTax, Shuttl, HealthifyMe, Juspay, TaskBob, Belong, Licious, RKSV and CueLearn.
Aasaanjobs: An online HR market place for entry level and blue collar jobseekers. Aasaanjobs raised funding from Aspada Advisors, IDG Ventures, and Inventus Capital Partners. Founded in November 2014, Aasaanjobs is based out of Mumbai. It provides a platform for recruiters and job seekers to interact seamlessly. An end-to-end recruitment service in the entry level recruitment and staffing space, Aasaanjobs bridges the gap between employers and job seekers through a two-way matchmaking system on their web portal as well as mobile app.
Opinio: A tech-enabled hyperlocal logistics startup which helps small businesses (merchants) – restaurants, grocery stores, bakeries and laundry stores – fulfill their demand by offering delivery as a service. Opinio raised funding from Accel Partners, Delhivery & Sands Capital.
Razorpay: An online payment gateway which allows Indian businesses to collect payments online through credit card, debit card, net-banking and popular wallets. Razorpay raised funding from Matrix Partners India, Tiger Global and Y Combinator.
ClearTax: Fintech Tax filing platform. It is one of the most popular tax preparation and e-filing platforms in India, along with the Income Tax Department’s website. Founded in 2011,ClearTax raised funding from Saif Partners,FF Angels and Sequoia India.
Shuttl: Online bus aggregator platform Shutt is an app based office bus service that is committed to making traveling to office easy and stress free. Shuttle offers air-conditioned buses with assured seats and the price points for a ride range between Rs 20 and Rs 100. Gurgaon-based bus aggregator platform Shuttl has raised funding from Lightspeed Venture Partners, Times Internet and Sequoia India.
HealthifyMe: Mobile health and fitness startup HealthifyMe was founded in 2012. It offers free app that enables users to keep a track of their calories, set personal fitness goals and measure progress. HealthifyMe raised funds from Micromax Informatics, Blume Ventures, IDG Ventures India, and Inventus Capital Partners.
Juspay: Mobile payments startups Juspay was founded in 2012 with a vision to redefine online payments experience by providing 1-click payments on web and mobile. Bangalore-based Juspay Technologies has raised funding from Accel Partners, Ashish Hemrajani, Parikshit Dar and Rajesh Balpande.
TaskBob: Mumbai based home services startup, Taskbob provides a range of home services like home cleaning, car spa, handymen services, drivers, appliance repair, maids on demand & the recently launched, at-home beauty services. On-demand home service startup raised funding from IvyCap Ventures, Mayfield Fund & Orios Venture Partners.
Belong: Belong is a Bangalore based talent sourcing startup founded in 2014. It enables growing companies to discover and engage high-impact talent through data science and predictive analytics. Its search and recommendation technology analyzes millions of profiles across social, internet and public sources to help companies discover potential candidates. Belong raised funding from Blame Ventures, Kunal Bahl,Matrix Partners India, Phanindra Sama, Raju Reddy and Rohit Bansal.
Licious: A year old online meat & fish ordering startup was founded in June 2015 redefines meat shopping experience like never before. With 150 employees, Licious runs an end-to-end business model comprising procurement, processing, storage and delivery. The firm claims to deliver within 90 minutes of ordering on its site. Licious is a pioneer among food-tech startups focusing exclusively on meat ordering and delivery. It raised funding from Mayfield Funds.
RKSV: RKSV Securities is an online brokerage and trading company. RKSV has a zero commission pricing model providing free trading for investors on the equity segment; it chargers Rs. 20 per order on all other segments. GVK Bio and Kalaari Capital have invested in the company.
CueLearn: Cue Learn Pvt. Ltd. is an Ed tech startup and offers a worksheet-cum-technology based after-school learning program for K12 (school) Mathematics. Sequoia Capital India and Unitus Seed Fund have invested in the company.
