Incubate Fund India

22/08/2019

ShopKirana, one of Incubate Fund India's portfolio startups and providing e-procurement platform for kiranas (Indian papa-mama shops), raised $10M at Series B. The round is lead by Info Edge and Incubate Fund India participated the round as an existing investor.

The startup is currently having presence in Indore, Jaipur and Bhopal and having more than 12,000 kiranas on their platform. They will use the fresh funding for expanding the business to 30 Tier II cities in India.

Indore-based B2B supply chain startup ShopKirana has raised $10 Mn in a Series B funding round from Info Edge, Incubate Fund etc.

08/12/2018

ShopKirana, one of Incubate Fund India's portfolio startups, raises about $2M Series A funding. The round is lead by Info Edge and other investors including AET Fund, Better Capital, and Incubate Fund India participated the round.

ShopKirana is an Indore based startup which is empowering kiranas (small retailers) by technology and supply chain innovations.

Incubate Fund India invested in ShopKirana's seed round as the lead investor in December 2016 and has been continuously supporting its growth.

Congrats, ShopKirana team!!



Economic Times coverage of the fund raise:

ShopKirana said the funds would be used to expand the business, with the aim of launching in ten cities next year, targeting one lakh retailers and co..

10/03/2018

Incubate Fund India made a pre-series A investment to Tripeur (Shorebird Tech).

Tripeur is the third generation, end-to-end corporate travel management platform which brings an efficiency and a sophistication for corporate travel booking and management.

Corporate travel market in India is huge but it is not digitized yet and so much inefficiency exists.

We believe Tripeur is an answer for this situation and we are so excited to join the journey!!

Bengaluru-based corporate travel management startup Tripeur has raised $600K in Pre-Series A funding led by Japan-based Incubate Fund and a few angel investors.

02/02/2018

3 founders of StayAbode are interviewed by Economic Times. Talking about their view on Co-Living Space and journey so far. Go, StayAbode!!
投資支援先でCo-Living Spaceを運営するStayAbode社の創業者３人のインタビューが、インド最大の経済紙Economic Timesに掲載されました。Co-Living Spaceについての考えと、これまでの軌跡を話しています！

StayAbode takes up entire buildings on long-term leases, re-works the interiors to convert it to a co-living space and sub-rents it to their customers.

22/01/2018

Our investmet to Skillate is covered by Inc42. It is a detailed article and founders are talking about how they are disrupting hiring process/ecosystem in India. Thank you Inc42 team for the great coverage!!

AI-based HRTech startup Skillate has raised an undisclosed amount of funding from Incubate Fund India and others.

13/11/2017

Skillate, one of Incubate Fund India's portfolio startups, is covered by Economic Times.
The article is about "How artificial intelligence is reshaping recruitment, and what it means for the future of jobs." The article mentions how Skillate is changing the sourcing of candidate by AI/Machine Learning and it fits to India.

The recruitment industry is undergoing a big transformation, and artificial intelligence has been one of the biggest drivers behind this change.

27/10/2017

Our investment to Olly Credit is covered by Economic Times.

Olly is a niche offering that works for blue collared employees aiding them with their month-end expenses on essentials like groceries and bill payments.

19/09/2017

Incubate Fund India and its sister fund KK Fund had Portfolio Gathering in Bangkok. This time, 30 founders from 6 startups from India and 9 startups from SouthEastAsia are coming together for knowledge and experience sharing. Some startups are in similar business models or same industries in India and SEA and it was actually a nice opportunity for them to meet in person and discuss. Even for others, many startups have similar struggles and challenges as early stage startups so it should have been a nice opportunity for everybody to be interacted.

19/09/2017

Incubate Fund India made a seed investment to StayAbode with Sanjay Shenoy, MD of Legacy Global Projects and Mridul Upreti, former Joint MD of JLL India.

StayAbode operates Co-Living spaces in India. It works on a full-inventory model leasing habitable spaces for a 5-10 year period, offering services including housekeeping, security and community events apart from housing facilities.

Millennials in India have different demands for their way of living. They want to live in more flexible, less hassle, and fully managed way.
As population of millennials are rapidly growing in Tier 1 metro in India, now there is a huge gap between this demand and supply.

We strongly believe Stayabode will solve this problem by providing new concept of "Co-Living Space" in India.

We are happy to join StayAbode's journey!!

StayAbode, a startup that is building co-living spaces, has raised an undisclosed amount of funding from Incubate Fund. Apart from this, a group of investors from the real estate industry includi...

19/09/2017

Incubate Fund India made a pre-series A investment to Nimble Wireless.
Nimble Wireless is providing state-of-the-art IoT devise + cloud based softwares by which corporates and individuals can wirelessly connect, monitor, control and manage their remote assets real time.
Their latest version of devise (N5) has 12 sensors including temperature, location, light, motion, tilt, humidity, etc.
They are providing solutions for multiple industries/verticals such as re**er truck monitoring, food/dairy monitoring, energy monitoring, and pet monitoring.

We are happy to join Nimble's journey!

Nimble Wireless is a real time temperature monitoring company that helps with business-critical remote asset temperature and humidity control.

19/09/2017

Incubate Fund India made a pre-seed investment to Olly, a provider of digital+plastic instant credit card for working masses in India.
In India, credit card holders are only less than 5% of the population. On the other hand, many people experiencing cash crunch at the end of each month due to many reasons. Olly is trying to solve this problem by providing instant credit card.

We are happy to join Olly's journey!!

Olly is a mobile first instant micro-credit app and payment card for working individuals of India