In the recent SmashUp event organized by The Indus Entrepreneurs (TiE) Hyderabad, four startups managed to raise a seed funding of about $29K each (INR 20 Lakh) for an exchange of 10% equity stake.
These include telehealth platform for sexual health, CupidCare, diagnostic and therapy platform, Theranosis Life Sciences, Fruit and vegetable disinfectant product by Green Pyramid Biotech, and mobile newspaper app, Newsdash.
The startups got funding from investors like Unitus Seed Fund, 50K Ventures, Anthill Ventures, Saha Fund, Indian Angel Network, Hyderabad Angels, and Parampara Fund.
Here Is The list Of 4 Startups That Raised Funding:
Startup name: CupidCare
Founder(s): Krishna Teja Korrapati, Sriram Varma
Founded in: 2016
Funding: $29K
Hyderabad-based CupidCare is a virtual sexual health clinic that connects patients with board-certified physicians for the remote diagnosis and treatment of regular sexual health conditions. It uses telehealth platform to consult specialists like Sexologists, Psychologists, Dermatologists, Gynecologists, and book diagnostic tests at user’s convenience.
Startup name: Theranosis Life Sciences
Founder(s): Mike Raghavan, Shibichakravarthy Kannan, Madhavi Muranjan
Founded in: 2016
Funding: $29K
Hyderabad-based Theranosis Life Sciences is a personalized medicine startup developing in-vitro diagnostics for cancer. The iotech R&D startup harnesses the power of Asia’s largest biobank of patient-derived tumor tissues and India’s BioIT S/W Skills to develop & deliver novel theranostic products for the Global Market & Clinical Diagnostic Services to the Indian market.
Startup name: Green Pyramid Biotech
Founder(s): Mihir Mehta, Rajesh Mehta, Ajinkya Prabhune
Founded in: 2015
Funding: $29K
Pune-based Green Pyramid Biotech. Pvt. Ltd, (GPB) aims to develop and commercialise innovative products, based on compositions/formulations of bio-surfactants, at affordable costs. It will focus on products with specific emphasis on fruit and vegetable cleaning/disinfecting products.The startup is created under Lab2Mkt Programme of the Entrepreneurship Development Center (EDC).
Startup name: Newsdash
Founder(s): Prahal Ghai, Antesh Bharadwaj
Founded in: 2015
Funding: $29K
Hyderabad-based Newsdash specialises in bringing newspapers and newsletters on mobile. It believes that the e-paper edition of newspapers does not work for mobile as it is just an image of the newspaper page, therefore it lacks the complete cohesive daily update that the newspaper provides.
SmashUP is designed to enable the startups to learn the art of building successful ventures from eminent mentors and successful entrepreneurs.
Welcome to Flash Feed, your essential source for breaking news and innovation from around the web – bite-sized and updated all day.
