Tuesday 24 February 2015

Top 3 Most Funded Non-ecommerce Sites in India


Every start up needs some funding. You may know a successful company but you don’t know the story behind it. I wrote a list of 15 non-ecommerce sites that received huge amount of funding.

1. CarDekho.com

CarDekho.com is India’s #1 auto portal site with 3 million unique visitors in a month. CarDekho is subsidiary of GirnarSoft founded by Amit Jain. CarDekho, a Jaipur based company was launched in the year 2008.CarDekho
Over the years CarDekho has got funding from various companies. The web portal is planning to raise Rs 300 crores in funding.
One of the top funder of CarDekho is the Sequoia Capital that invested over $15 million for 20% stake in GirnarSoft. CarDekho also bought Gaadi.com in October 2014.
Sequoia is CarDekho’s existing investor. Apart from it, the Chinese investment fund firm HillHouse is also likely to invest in CarDekho leading to $40 to $50 millions financing.

2. Komli Media

Komli Media is a digital advertising firm based in Mumbai. Komli.com was founded in October 2006 by Akshay Garg and Amar Goel.komli media
Komli has a long history of funding. Over the years since its inception, Komli received $97 million in 5 rounds from 6 different investors.
Let us start with first round of Funding. In 2008 Series A, Komli received $7 Million from Draper Fisher Jurvetson (DFJ) and Helion Venture Partners.
In 2010 Series B round it got $6 Million from Nexus Venture Partners with existing investors like DFJ and Helion.
In 2011 they received Series C round of funding which is around $15 Million from Helion, Nexus and Norwest Venture Partners.
In series D 2012 they got $39 Million from Western Technology Investment and existing investors.
Finally in 2014 it received $30 Million from Peepul Capital LLC and existing investors.

3. Newshunt.com

Newshunt is a mobile news aggregation web portal launched in 2009 by two former Nokia employees Umesh Kulkarni and Chandrashekhar Sohoni. Later the company was acquired by Ver Se in 2012.newshunt
Newshunt.com partnered with more than 100 newspapers in India to give stories in 12 languages.
Newshunt has raised in series B funding of over Rs 100 crores led by Sequoia Capital and followed by existing investors like Matrix partners Indian and Omidyar Network.
But in the series C funding Newshunt has been able to raise over Rs 2.5 Billion or $40.5 Million. Series C funding was led by New York based hedge fund firm Falcon Edge Capital. Existing partners like Sequoia,Matrix Partners India and Omidyar Network also participated.

4. Delhivery.com

Delhivery is a Gurgaon based company which operates under SSN Logistics Pvt. Ltd. It was founded in the year 2011 by team of five members Barua, Mohit Tandon, Suraj Saharan, Bhavesh Manglani and Kapil Bharati.delhiver logo
Delhivery offers warehousing, delivery, reverse logistics, payment collection etc.
Delhivery is basically an e commerce logistics firm with a plan to raise around $150 million in venture funding.
In September 2014 Delhivery raised $35 million in Series C round of funding led by Multiples Asset Management with existing partners like Nexus Venture Partners and Times Internet.
Series A round of funding was led by Times Internet Limited in April 2012 and in Series B round Delhivery raised $5 Mn led by Nexus Venture Partners in September 2013.

No comments:

Post a Comment