Koramangala is known as the startup hub of Bangalore. So, we selected a few startups doing very well for themselves over the past year which are based out of this year.
Scroll down to read more about 10 Koramangala based startups doing exceedingly well.
Funding – Series A funding of $3 million from Biz Stone investors. Seed funding of $328 million 2015 by Kris Gopalakrishnan of MKS Instruments.
Founder’s Info – Deepak Ravindran the man behind LookUp is a serial entrepreneur having founded 2-3 other startups in various industries.
Website – http://www.lookup.to/
Facebook – https://www.facebook.com/LikeLookup/
Twitter – https://twitter.com/lookupHQ
Lookup aims to disrupt the local commerce industry in India which is capped at $750 billion using chat.
Funding – An undisclosed amount in 2013 from TA Ventures and seed funding of $500k in 2014 from AngelPrime.
Founder’s Info – HackerEarth was founded by Sachin Gupta and Vivek Prakash in 2012.
Website – https://www.hackerearth.com/
Facebook – https://www.facebook.com/HackerEarth
Twitter – https://twitter.com/hackerearth
HackerEarth provides technical recruitment solutions while also giving employers the opportunity to choose and hire the right candidates. They periodically conduct programming challenges and hackathons through which employers hire candidates for multiple tech based roles.
Funding – Grabhouse has raised a total of $13 million through 4 rounds and from 3 investors. Their first round raised an undisclosed amount while they raised the highest amount of $10 million in their latest round of funding in 2015.
Founder’s Info – The founders of Grabhouse are two 25 year olds, Pankhuri Srivatsava and Prateek Shukla. The two founders started Grabhouse after they found it difficult to locate houses for rent in Mumbai.
Website – http://grabhouse.com/
Facebook – https://www.facebook.com/Grabhouse
Twitter – https://twitter.com/grabhouse
Grabhouse is an online portal which lets its users find flats, tenants, and flatmates without the interference of middlemen or brokers.
Funding – Instamojo got an undisclosed amount through Series A funding from Blume Ventures, 500 Startups, and Kalaari Capital in 2014. They had earlier got a funding of $500k in 2013 from the seed funding round from multiple sources.
Founder’s Info – Instamojo was founded by Harshad Sharma, Sampad Swain, Akash Gehani, and Aditya Sengupta.
Website – https://www.instamojo.com/
Facebook – https://www.facebook.com/Instamojo
Twitter – https://twitter.com/instamojo
Instamojo was started to help out artists, small businessmen, tutors, freelancers and others with easy payment procedures. Through Instamojo, the above mentioned people can collect payment instantly. A unique link is provided to the person collecting the payment, which they can share on social media and also embed the link on their website and blogs, if any.
Funding – Wooplr received $5 million in the Series A funding in 2015 from Helion Venture Partners.
Founder’s Info – Praveen Rajaratnam, Arjun A Zacharia, Soumen Sarkar, and Ankit Sabharwal, the founders of Wooplr, are ex-employees of McAfee.
Website – http://www.wooplr.com/
Facebook – https://www.facebook.com/wooplr/
Twitter – https://twitter.com/Wooplr
Wooplr is a hyper-local discovery platform. This helps connect people with businesses in their city. This is based on the interests, location of the user, and also their social circles. This helps businesses get more customers via word-of-mouth marketing.
Funding – Explara has secured undisclosed amount of funding in 2013 from Blume Ventures, Srijan Capital, and HBS Alumni Angels.
Founder’s Info – Explare was founded by Ashok Kumar and Santosh Panda.
Website – https://in.explara.com/
Facebook – https://www.facebook.com/explara/
Twitter – https://twitter.com/explara/
Explara is a platform for events and to organize events easily. It helps in ticketing, payment collection, sales and promotions and all other activities related to managing an event.
Funding – Furlenco managed to raise $6 million Series A funding from Lightbox Ventures in 2015.
Founder’s Info – Ajith Mohan Karimpana is the brains behind the startup, Furlenco which was founded in 2012.
Website – https://www.furlenco.com/
Facebook – https://www.facebook.com/Furlenco/
Twitter – https://twitter.com/FURLENCO
Furlenco is a startup based out of Bangalore and the country’s only Home Furniture Subscription program. It was started when the founder, Ajit, found it difficult to find well-designed yet affordable furniture to rent for his home. It helps people rent sophisticated and classy yet affordable furniture to rent for his home.
Funding – Momoe raised $1.2 million funding in the seed round in 2015 from India Quotient, Jungle Ventures, and IDG Ventures, India.
Founder’s Info – The mobile wallet platform, Momoe was founded by Utkarsh Biradar, Neelesh Bam, Ganesh balakrishnan, Karthik Vaidyanathan, and Aiman Ashraf.
Website – https://www.momoe.in/
Facebook – https://www.facebook.com/MomoeApp/
Twitter – https://twitter.com/momoeapp
Momoe is a startup focussed on the mobile wallet space. This app helps you pay your utility bills, cable bills and offers other such facilities without the need to physically go to the centre and pay. You can take care of all such payments within the comfort of your seat.
Funding – SignEasy is a completly bootstrapped startup.
Founder’s Info – Sunil Patro, having struggled to find printers when he had to sign important documents, founded SignEasy.
Website – http://getsigneasy.com/
Facebook – https://www.facebook.com/getsigneasy/
Twitter – https://twitter.com/getsigneasy
SignEasy eliminates the need to go in search of a printer to print the documents and a scanner to scan the signed documents. All you have to do is add your digital signature to documents which require your signature. SignEasy has integration facility so files from your Drive or Dropbox can easily be downloaded and using the SignEasy app, can add your digital signature.
Funding – Zipdial has managed to raise undisclosed amounts of funding from four investors.
Founder’s Info – Zipdial was founded by Valerie Wagoner who is also the Senior Director of Growth at Twitter.
Website – https://zipdial.com/corp/
Facebook – https://www.facebook.com/ZipDial
Twitter – https://twitter.com/zipdial
Zipdial is a platform which lets brands on a global level connect completely with their customers. It is basically a consumer intelligence platform which is pending patent.
Know of other startups based in Koramangala and doing very well? Feel free to share with us their names, in the comments below.