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Few Indian startups that are raising millions of fund

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Few Indian startups that are raising millions of fund

The startup industry is becoming bigger and better with each passing day and Indian start ups are in no way lacking behind from their international counterparts. They are paving avenues for establishing new benchmark of innovations and raising millions of funding for achieving their goals. Here is a list of few Indian start-ups that have raised quite a large amount of funding for improving and expanding their respective start-ups.

  1. Travelyaari: It is a Bangalore based start-up which started in 2007 and works in the field of online bus booking. Developed by Mantis Technologies under the guidance of Aurvind Lama and Prateek Nigam, Travelyaari has successfully raised a funding of US$7 million by Gujarat Venture finance limited, Bennett Coleman and Co and few other investors in a series B investment round. Travelyaari mainly helps users in booking buses, tours, hotels and other sporting activities easily. Earlier, Travelyaari grabbed a funding of US$3 million in the series A round of investment. The funds will be used in expanding its online bus booking services and service network. It aims at integrating around 5,000 road travel service providers, channel partners and agents.
  2. Genext Students: It is a Mumbai based edtech start-up which was founded by two graduates from the prestigious London School of Economics. Ali Asgar Kagzi and Asad Daud developed this innovative start-up in the year 2011 and launched its services in 2013. It recently secured a funding of a whooping US$200,000 from the crowd funding site 1Crowd. This educational portal helps students in connecting with private tutors conveniently. In addition, it also serves digital contents like videos, sample test questions, eBooks and other study material to its users. Genext gives its services to around 600,000 users and 700 tutors and aims to expand its network very soon.
  3. Bombay Shaving: It is a Delhi based start-up which was founded in August 2015 by Deepu Panicker, Shantanu Deshpande, Rohit Jaiswal and Raunak Munot. It is a start-up which sells men’s grooming products on an online platform and has recently raised a funding of US$600,000 in seed funding from a group of angel investors.

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