Top Innovative & Emerging Startups Report

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2019

GrowthEnabler ™

Top Innovative &


Emerging Startups
BANGALORE, INDIA

CONFIDENTIAL AND PROPRIETARY


This presentation, including any supporting materials, is owned by GrowthEnabler™ and/or its affiliates and is for the sole use of the intended GrowthEnabler™ audience or other
intended recipients. This presentation may contain information that is confidential, proprietary or otherwise legally protected, and it may not be further copied, distributed or
publicly displayed without the express written permission of GrowthEnabler™ or its affiliates. ©2019 GrowthEnabler™ and/or its affiliates. All rights reserved.
GrowthEnabler ™

ABOUT GROWTHENABLER Corporates, Governments, Industry practitioners, and professionals


GrowthEnabler delivers data & intelligence on disruptive together on a common platform.
technologies & digital innovations from the startup economy, to
global brands, business leaders, startups and entrepreneurs, to gain BIG IDEAS is in a mission to enrich the platform with knowledge
insights, get connected and grow faster through the GrowthEnabler & creating opportunities for Startup entrepreneurs and has joined
Personalised Intelligence Interface (Pii) platform. This document is hands with GrowthEnabler to bring out well researched reports &
the result of research performed by GrowthEnabler. insights and spread among audience across the ecosystem, which
will create a lot of visibility, opportunities & partnerships
ABOUT THETALK
The talk is a new media & thought leadership platform. BIG IDEAS DISCLAIMER
is one of the vertical and a knowledge platform for Startups & SME This report intends to inform key decision makers, investors and
entrepreneurs. the talk BIG IDEAS engages with Startups & SMEs industry influencers on how innovative and disruptive startups and
on a regular basis to find the challenges of entrepreneurs and it their digital solutions can solve Business Challenges within their
is committed & focused in creating platforms for small medium industry and sector.
businesses to connect, engage and get new insights to grow their
business. They bring Startup & SME entrepreneurs, Investors, Write to us at info@growthenabler.com

www.growthenabler.com
GrowthEnabler ™

Top
Innovative
Startups
BANGALORE, INDIA
TOP INNOVATIVE STARTUPS | BANGALORE

STARTUPS DETAILS GE Pii SCORE

Practo Web platform


Web platform for
forpatients
patientsto to search
search and and
bookbook
practo.com appointments forfordoctor
appointments doctor visits, tele-health
visits, tele-health
consultation, diagnostic
consultation, diagnosticteststests
bookingbooking and
and other
HealthTech
YoE: 2008
health services.
SOLUTIONS:
HQ: Bangalore, India Practice Management Tools, Appointment Booking
SOLUTIONS: Practice Management Tools,
8.21
Solutions, Hospital Management System, Hospital
FUNDING: $234.00M Appointment Booking Solutions, Hospital
appointment booking
Management System
Abhinav Lal PRODUCTS: Ray by Practo
CTO & Co-founder PRODUCTS: Ray by Practo

InMobi InMobi is
InMobi is aamobile-first
mobile-firstplatform
platformallowing
allowingbrands,
brands,
inmobi.com developers, and
developers, and publishers
publishers totoengage
engageconsumers
consumers
through mobile
through mobile advertising.
advertising.
Enterprise Apps
YoE: 2007 SOLUTIONS:
SOLUTIONS: Digital
Tools,Marketing Tools, Mobile
HQ: Bangalore, India Digital Marketing
Marketing Tools,
Mobile Marketing
Personalised digital
Tools,
marketing,
8.09
Personalised digital marketing, Cross sell/Upsell
FUNDING: $320.60M Cross sell/Upsell opportunities
opportunities

Abhay Singhal PRODUCTS: CDP


PRODUCTS: Pulse, In-App Advertising
Co-Founder and Chief
Revenue Officer

Active.ai Active.Ai empowers


Active.Ai empowers Banks and Financial
Banks and Financial Services
Services
active.ai Institutions (BFSI)
Institutions to engage
(BFSI) to engage customers
customers inin natural
natural
conversations over
FinTech conversations over messaging, voice channels or
YoE: 2016 IOT devices using Artificial Intelligence.
SOLUTIONS:
HQ: Singapore, Singapore Virtual Agents, Cognitive computing, Self Learning 7.92
SOLUTIONS: Virtual
Algorithms, Lead Agents,
generation Cognitive
platform, Omni
FUNDING: $11.75M computing, Artificial
channel banking, IntelligenceSelf Learning
improved
Algorithms, Conversational Banking Chatbots...
Parikshit Paspulati PRODUCTS: Active.ai Enterprise Platform
Co-Founder & CTO PRODUCTS: Active.ai Enterprise Platform,
ONE.Active.ai

MoEngage MoEngage is
MoEngage is an
anIntelligent
Intelligentmarketing
marketingautomation
automation
moengage.com platform for
platform forconsumer
consumerbrands brands to understand
to understand
customer behavior across digital
Enterprise Apps customer behavior across digital touch points
YoE: 2014 through inbuilt analytics and personalized
SOLUTIONS:
campaigns across multiple channels.
HQ: Bangalore, India Digital Marketing Tools, Visitor Conversion tools, 7.87
Omni Channel Marketing, Personalised digital
FUNDING: $15.84M SOLUTIONS: Digital Marketing Tools, Visitor
marketing, Multi-Channel
Conversion tools, Omni Channel Marketing, App
Raviteja Dodda PRODUCTS: MoEngage
Usage Analytics...
Founder & Chief Executive
Officer PRODUCTS: MoEngage

Razorpay Razorpay isisanan


Razorpay online
online payment
payment gateway
gateway which
which
razorpay.com allows Indian
allows Indian businesses
businessestotocollect
collectpayments online
payments
through credit card, debit
FinTech online through credit card, debit card, netbanking
YoE: 2013 and popular wallets like PayTm and Mobikwik.
SOLUTIONS:
HQ: Bangalore, India Online Payments, Merchant Payment Services, 7.69
SOLUTIONS: Online Payments,
Digital wallet, eCommerce Merchant
payments, Hosted
FUNDING: $31.60M Payment Services,for
payment solutions Digital wallet, eCommerce
payments, Hosted payment solutions for
Harshil Mathur PRODUCTS: Razorpay
eCommerce, B2B payments
Founder & Chief Executive
Officer PRODUCTS: Razorpay
TOP INNOVATIVE STARTUPS | BANGALORE

STARTUPS DETAILS GE Pii SCORE

MoneyTap MoneyTap is India's


Developer-centric first app-based
ad network mediationcredit line
platform
moneytap.com targeted
that at middle-income
connects consumers.inventory
mobile app publishers' Offered toin
partnership with banks, MoneyTap
+250 networks through a single SDK.
FinTech
YoE: 2015 SOLUTIONS:
SOLUTIONS: Lending platforms, Credit for
HQ: Bangalore, India Lending platforms, Credit for consumers, Auto loan
Consumers, Auto Loan
7.65
platforms, Personal loansPlatforms,
platform
FUNDING: $12.30M PersonalLoans Platform

Anuj Kacker PRODUCTS: Moneytap


PRODUCTS: MoneytapApp
App
Co founder

Ezetap Ezetap is
Ezetap is an
an India-based
India-based payments
payments processor.
processor. The
ezetap.com company
The companyoffersoffers
solutions that allow
solutions thatmerchants
allow in the
developing world to accept
merchants in the developing world to accept any
FinTech
YoE: 2011
form of payment - credit, debit, mobile wallet, etc.
SOLUTIONS:
-Online
through a simple,Merchant
inter-operable point.
HQ: Bangalore, India Payments, Payment Services, 7.64
Digital wallet
FUNDING: $51.00M SOLUTIONS: Online Payments, Merchant
Payment Services, Digital wallet
Abhijit Bose PRODUCTS: Ezetapʼs secure platform
Co-founder & CEO PRODUCTS: Ezetap’s secure platform

Capital Float Capital Float


Capital Floatisisa digital
a digital lending
lending company
company that that
capitalfloat.com provides working
provides working capital
capitalfinance
finance to small
to small and and
medium enterprises. Capital Float works with
FinTech medium enterprises via a technology-led loan
YoE: 2013 origination
SOLUTIONS:
and credit underwriting platform.
HQ: Bangalore, India Lending platforms, Credit on demand for business, 7.62
SOLUTIONS: Lending
Loan management platforms,
system, WorkingCredit
Capitalon
FUNDING: $117.53M demand for business, Loan management
system, Working Capital
Gaurav Hinduja PRODUCTS: Doctor Loan
Co-founder and Managing PRODUCTS: Unsecured Business Loans, Doctor
Director Loan

ToneTag ToneTag enables


ToneTag enables contactless
contactless payment
payment solutions
solutionsin
tonetag.com existing
in existingpayment
paymenteco
eco system by integrating
system by integrating its
its
proprietary software
FinTech proprietary software development kit (SDK) at
YoE: 2014 both merchant (mobile, POS, EDC) and customer
SOLUTIONS:
interaction points.Merchant Payment Services,
HQ: Bangalore, India Online Payments, 7.62
Proximity payments
FUNDING: $10.33M SOLUTIONS: Online Payments, Merchant
Payment Services, Proximity payments
Kumar Abhishek PRODUCTS: ToneTag
Founder PRODUCTS: ToneTag

Happay Happay isisa business


Happay a business expense
expense management
management
happay.in solution that
solution that streamlines
streamlines expense
expenseworkflow
workflow from
from
end-to-end (expense reporting to
FinTech end-to-end (expense reporting to accounting).
YoE: 2012 SOLUTIONS:
SOLUTIONS: Online Payments, Enterprise
HQ: Bangalore, India Online Payments, Enterprise Expense Management 7.6
Expense
Platforms,Management Platforms,
Integration with Integration
accounting platforms to
FUNDING: $18.57M with accounting
disburse credit, platforms to disburse credit,
Enterprise Spend Analytics Tools
Anshul Rai PRODUCTS: Digital marketing expense card
CO-FOUNDER & CEO PRODUCTS: Expense Report Automation, Digital
Marketing Expense Card
TOP INNOVATIVE STARTUPS | BANGALORE

STARTUPS DETAILS GE Pii SCORE

KredX KredX isisan an


KredX invoice
invoice discounting
discounting platform
platform that that
kredx.com connects MSMEs
connects MSMEs looking
looking toto raise
raiseworking
workingcapital
capital
(against their unpaid invoices) to
(against their unpaid invoices) to individual
FinTech
YoE: 2015
financiers looking for opportunities to earn
SOLUTIONS:
above-average financial returns.
HQ: Bangalore, India Lending platforms, Credit on demand for business, 7.58
Working Capital
FUNDING: $7.00M SOLUTIONS: Lending platforms, Credit on
demand for business, Working Capital
Anurag Jain PRODUCTS: Kredx Platform
Co-Founder & Executive PRODUCTS: Kredx Platform
Director

Instamojo India's largest


India's largest on-demand
on-demandpayments
paymentsplatform
platformfor
for
instamojo.com SMEs that
SMEs thatisisfocused
focusedonon
thethe democratization
democratization of of
payments and
payments and e-commerce
e- for MSME merchants.
FinTech
YoE: 2012
Its solution lets the user sell digital products
SOLUTIONS:
simply by sharing eCommerce
checkout payment links.
HQ: Bangalore, India Online Payments, payments, Hosted 7.45
payment solutions for eCommerce
FUNDING: $10.10M SOLUTIONS: Online Payments, eCommerce
payments, Hosted payment solutions for
Akash Gehani PRODUCTS: Online Stores
eCommerce
Co- Founder
PRODUCTS: Payment Link, Payment Gateway

Digit Insurance Digit Insurance


Digit Insurance isis general
generalInsurance
Insurancecompany
companywhich
godigit.com provides
which solutions
provides focused
solutions on car,ontravel,
focused mobile,
car, travel,
jewelry, and bicycle insurance.
InsuranceTech mobile, jewelry, and bicycle insurance.
YoE: 2016 SOLUTIONS:
SOLUTIONS: Property & Casualty Insurance,
HQ: Bangalore, India Property & Casualty Insurance, Insurance for 7.3
Insurance for Business,
Business, Medical Medical
Insurance, MotorInsurance,
Insurance, On-
FUNDING: $45.00M Motor
demandInsurance,
Insurance,On-demand
On- Insurance,
On-demand Travel Insurance
Kamesh Goyal PRODUCTS: Digit Insurance
Chairman PRODUCTS: Digit Insurance

Vayana Network Vayana serves


Vayana serves
withwith flexible,
flexible, scalablescalable
and and
vayana.in customizable solutions
customizable solutions for delivery channels
for delivery channels and
and
specialized financial transactions.
FinTech specialized financial transactions.
YoE: 2016 SOLUTIONS:
SOLUTIONS: Lending
Creditplatforms, Credit on
HQ: Bangalore, India Lending platforms, on demand for business, 7.15
demand for business, Working Capital
Working Capital
FUNDING: $4.00M
PRODUCTS: Vayana, Clayfin
H Srikrishnan PRODUCTS: Clayfin
Founder

Signzy Signzy offers


Signzy offers an
anAPI
APIsolution
solutionthat
thatenables
enables Bank
Bank
signzy.com Grade digital
Grade digital on-boarding
on-boardingininreal
realtime,
time,using
usingartificial
intelligence and advanced
FinTech artificial intelligence and advanced cryptography.
YoE: 2015 SOLUTIONS:
SOLUTIONS: Information Access Management,
HQ: Bangalore, India Information Access Management, KYC, Customer 7.0
KYC, Customer
Onboarding Onboarding
Support Tools Support Tools
FUNDING: $3.96M
PRODUCTS: REALKYC, DIGITAL CONTRACTS
Ankit Ratan PRODUCTS: ARI
Co-Founder
GrowthEnabler ™

Top
Emerging
Startups
BANGALORE, INDIA
TOP EMERGING STARTUPS | BANGALORE

STARTUPS DETAILS GE Pii SCORE

Instavans Instavans is
Instavans is an
anon-demand
on-demandplatform
platformfor
forshippers
shippers
instavans.com and truckers.
and truckers.
Artificial Intelligence (AI) - Functional
YoE: 2015
SOLUTIONS: Supply Chain Intelligence, Internet
SOLUTIONS:
of things Production Flow Monitoring platform,
HQ: Bangalore, India Supply Chain Intelligence, Internet of things
Logistics
7.18
ProductionManagement, Cognitive
Flow Monitoring platform,Software
Logistics
FUNDING: $2.00M Management, Cognitive Software
PRODUCTS: Instavans
Manav Garg PRODUCTS: Instavans
Director, Co-Founder &
Investor SRM STAGE: Identified

Artivatic.ai Artivatic's patent


Artivatic's patentpending
pending technology
technology solvessolves
artivatic.ai complex problems
complex problems inInsurance
inInsuranceforforOn-boarding,
On-boarding,
Fraud, Risk Profiling, Underwriting
Fraud, Risk Profiling, Underwriting & claims.&
Artificial Intelligence (AI) - Machine
YoE: 2017 SOLUTIONS:
SOLUTIONS: Lending platforms, Self Learning
HQ: Bangalore, India Lending platforms,
Algorithms,
Self Learning Algorithms,
Genomics, Neuroscience
6.96
Genomics, Neuroscience
FUNDING: $153.01K
PRODUCTS: AVNLP, AVDevSpace
Layak Singh PRODUCTS: AVAcross
Founder & CEO
SRM STAGE: Identified

Preksh Innovations Preksh Innovations


Preksh Innovations isisan
anearly-stage
early-stagestartup
startupbuilding
preksh.com productsproducts
building to create immersive
to create experiences with
immersive
AR/VR technologies.
Artificial Intelligence (AI) experiences with AR/VR technologies.
YoE: 2015 SOLUTIONS:
SOLUTIONS: Visual Marketing,
InteractiveVirtual
HQ: Bangalore, India visual marketing, Virtual Solution, 6.78
Interactive Solution, Campus
Campus Virtualisation, Virtualisation,
Visual Commerce, AR/VR
FUNDING: $230.00K Visual Commerce, AR/VR Solution
Solution

Kodandarama M A PRODUCTS: Visual Commerce Solution


PRODUCTS: Visual Commerce Solution
Founder & CEO
SRM STAGE: Identified

Perpule Perpule is
Perpule is a
a self-checkout
self-checkoutproduct
productforfor
retail outlets to
retail
perpule.com enhancetothe
outlets shopping
enhance theexperience of the customers.
shopping experience of
FinTech - Digital Payments the customers.
YoE: 2016 SOLUTIONS:
SOLUTIONS: Online Payments
HQ: Bangalore, India Online Payments 6.73
FUNDING: $5.35M PRODUCTS: Perpule 1Pay
Abhinav Pathak PRODUCTS: Perpule 1Pay
CEO
SRM STAGE: Identified

DocsApp DocsApp provides


DocsApp provides Instant
Instantand
andPrivate
Privateconsultations
docsapp.in from top experienced
consultations from topMD qualified Doctors
experienced on the
MD qualified
mobile in India.
Artificial Intelligence (AI) Doctors on the mobile in India.
YoE: 2015 SOLUTIONS:
SOLUTIONS:
Mobile Health, Mobile Health, Health Information
HQ: Bangalore, India Health Information Search, 6.69
Search, Corporate
Corporate Wellness,Wellness, Artificial Intelligence
Artificial Intelligence
FUNDING: $8.40M
PRODUCTS: DocsApp - Chat With a Doctor Now
Enbasekar D PRODUCTS: DocsApp - Chat With a Doctor
CTO & Co-Founder
SRM STAGE: Identified
TOP EMERGING STARTUPS | BANGALORE

STARTUPS DETAILS GE Pii SCORE

Cyclops Medtech Medtech startup


Medtech startup working
working on clinical and wearable
on clinical wearable
balanceeye.com diagnostic and
diagnostic rehab products
and rehab products for
for neuro
neuro vestibular
disorders using
vestibular eye using
disorders tracking
eye tracking
Artificial Intelligence (AI) - Machine
YoE: 2015
technology.
SOLUTIONS:
HQ: Bangalore, India Self Learning Algorithms, Health Wearables,
SOLUTIONS: Self LearningofAlgorithms,
6.57
Medical Devices, Monitoring vibrations Health
FUNDING: $1.00M Wearables, Medical Devices, Monitoring of
vibrations
D R Srinivas PRODUCTS: Balance Eye
Co-Founder PRODUCTS: Balance Eye
SRM STAGE: Identified

Finzy finzy is
Finzy is the
the premier
premier peer
peer to
to peer
peer lending
lendingsolution
solutionin
finzy.com India.
in India.
FinTech - Personal loan
YoE: 2016
SOLUTIONS: Lending Platforms, Credit for
SOLUTIONS:
Consumers, Personal Loans Platform Personal
HQ: Bangalore, India Lending platforms, Credit for consumers, 6.27
loans platform
FUNDING: $2.30M PRODUCTS: Finzy

Abhinandan Sangam PRODUCTS: Finzy


Co-founder, Head of Product &
Tech SRM STAGE: Identified

Yellow Messenger Yellow Messenger


Yellow Messenger isisaaconversational
conversationalAIAI
platform
platformfor
yellowmessenger.com enterprises
for to automate
enterprises andand
to automate orchestrate intelligent
orchestrate
conversations along
Artificial Intelligence (AI) - Chatbots intelligent conversations along their users.
YoE: 2015 SOLUTIONS:
SOLUTIONS:
Virtual Agents Virtual Agents
HQ: Bangalore, India 6.04
FUNDING: Undisclosed PRODUCTS: Yellow Messenger
Anik Das PRODUCTS: Yellow Messenger
Co-Founder
SRM STAGE: Identified

Touchkin eServices Predictive care


Predictive carestartup
startupusing
using AI chatbots
AI chatbots and and
touchkin.com machine learning
machine learning for
forbehavioural
behaviouralhealth
healthsupport
support
Artificial Intelligence (AI) - Machine
YoE: 2015 SOLUTIONS:
SOLUTIONS:
Virtual Agents, Self Learning
Algorithms, Medical Devices
HQ: Bangalore, India Virtual Agents, Self Learning Algorithms, Medical 6.04
Devices
FUNDING: $1.70M PRODUCTS: Wysa
Jo Aggarwal PRODUCTS: Wysa
Founder & CEO
SRM STAGE: Identified
GrowthEnabler ™

Research Methodology
The GrowthEnabler proprietary research methodology analyses the business impact of disruptive technologies and digital
innovations. We capture and assess the impact these technologies have as part of the larger business ecosystem in order to
enable executives to take informed business decisions, based on facts. The GrowthEnabler Personalised Intelligence Interface
(Pii) platform delivers data and intelligence from the Startup economy, enabling business leaders and tech entrepreneurs to
interact, innovate and grow faster.

1. Market Analysis
GrowthEnabler conducts extensive primary and secondary data analysis, sources. Primary insights are gathered using surveys from key business
using proprietary pattern analysis techniques, web algorithms and and technology leaders in corporate organisations, investor groups,
scoring methodologies to provide relevant market data, trends, industry public sector entities and technology Startups. Following this, several
analysis on sub-sectors, technology areas, applications, industry market drivers, constraints, opportunities and challenges for specific
landscapes and competitors across Startup technology segments. markets are identified and used as input using regression modelling.
GrowthEnabler curates large volumes of data collected from various
channels, including, databases, reports, journals, interviews and other

2. Startup Technology Landscape Analysis


Startup Database Building
The Startup database is built using primary and secondary research analysis, led by a team of analysts and subject matter experts (SMEs), coupled with
Machine Learning and Natural Language Processing (NLP) technologies to facilitate data mining across the web.

Primary Research
The primary research data is derived directly from GrowthEnabler
surveys, interviews and company profile information provided by
Startups registered on the GrowthEnabler Pii platform.

Secondary Research
A team of Machine Learning and NLP experts scan wide range
of data sources including Startup websites, news, industry
reports & investor portfolios to extract secondary data, which is
then validated by founder/s, CXOs, product heads or other senior
decision makers.

Analysts Validation
A team of Analysts validate both primary and secondary data
while pro-actively interacting with senior decision makers and
cross-referencing against business databases, to finally derive
the relevant analysis included in this report.
GrowthEnabler ™

ABOUT GROWTHENABLER Corporates, Governments, Industry practitioners, and professionals


GrowthEnabler delivers data & intelligence on disruptive together on a common platform.
technologies & digital innovations from the startup economy, to
global brands, business leaders, startups and entrepreneurs, to gain BIG IDEAS is in a mission to enrich the platform with knowledge
insights, get connected and grow faster through the GrowthEnabler & creating opportunities for Startup entrepreneurs and has joined
Personalised Intelligence Interface (Pii) platform. This document is hands with GrowthEnabler to bring out well researched reports &
the result of research performed by GrowthEnabler. insights and spread among audience across the ecosystem, which
will create a lot of visibility, opportunities & partnerships
ABOUT THETALK
The talk is a new media & thought leadership platform. BIG IDEAS DISCLAIMER
is one of the vertical and a knowledge platform for Startups & SME This report intends to inform key decision makers, investors and
entrepreneurs. the talk BIG IDEAS engages with Startups & SMEs industry influencers on how innovative and disruptive startups and
on a regular basis to find the challenges of entrepreneurs and it their digital solutions can solve Business Challenges within their
is committed & focused in creating platforms for small medium industry and sector.
businesses to connect, engage and get new insights to grow their
business. They bring Startup & SME entrepreneurs, Investors, Write to us at info@growthenabler.com

www.growthenabler.com
GrowthEnabler ™

CONFIDENTIAL AND PROPRIETARY


This report, including any supporting materials, is owned by GrowthEnabler™ and/or its affiliates and is for the sole use of the intended GrowthEnabler™ audience or other
intended recipients. This presentation may contain information that is confidential, proprietary or otherwise legally protected, and it may not be further copied, distributed or
publicly displayed without the express written permission of GrowthEnabler™ or its affiliates. ©2019 GrowthEnabler™ and/or its affiliates. All rights reserved.

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