Four rising start-ups in India

Tech in Asia puts the spotlight on start-ups that have been in the news

Mech Mocha

Bengaluru-based mobile gaming firm Mech Mocha put up its cards today, gaining $1 million in seed funding from Blume Ventures and ecommerce company Flipkart.

Founded by Arpita Kapoor and Mohit Rangaraju in 2014, the start-up will put the funds to use nearly doubling its current team from 11 members to 20 in the next six months. 

MobieFit

Co-founded by Gourav Jaswall and actress Gul Panag, mobile fitness app MobieFit received $1 million in investment from Medi Assist India. Medi Assist India is a healthcare services provider that deals in medical insurance.

The investment begins a strategic partnership that will strengthen MobieFit’s presence in the mobile app-based fitness world. Medi Assist has over a decade’s experience with fitness programmes and launched its first health app, a hospital booking management system, in 2013.

SBricks

Home cleaning and laundry start-up SBricks acquired facility services company Melway for an undisclosed amount yesterday. Both companies are located in Hyderabad.

With Melway under its belt, SBricks hopes to launch its facility management services soon, as well as grow its presence in home cleaning services. It was founded this year by Nithin Reddy and works with private residences as well as theatre chains. The start-up hopes to double its client base in the next six months.


 

Doctor Insta

Late yesterday, healthcare consultation start-up Doctor Insta announced its pre-series A funding totalling $500,000 from angel investor Rishi Parti and BrahmaX Ventures, a US-based venture capital firm.
 

Co-founded by Amit Munjal, Doctor Insta allows users to consult a doctor, psychologist, or diet and nutrition specialist over their phones on video conferencing. The money will be put to use expanding the company’s team, marketing, and further development of products.

This is an excerpt from Tech in Asia. You can read the full article here.