New Emerging startups gets investors attention
Infosys Co-founder invests in Co Crayon
Singapore based Co Crayon has received undisclosed investment from Infosys Cofounder Senapathy (Kris) Gopalakrishnan. The company’s previous investors include Junglee Venture,Tata Sons Chairman Ratan Tata,Mitsui and Co. The big data Focused startup wants to curate personalized information about customer behavior through its Digital ‘Taste’ Fingerprint.
Infosys cofounder believes this data can be leveraged in future for improving personal digital experience and business too.
Crayon has patents such as TasteGraph, a unique map of world’s taste , and ChoiceAI, an algorithm which combines internal enterprise behaviour data with external internet taste and social influence data sets.
Titan invest in IOT
IOT being the next big thing , Titan- Indian luxury goods company has invested 32Cr in CoveIOT -a Singapore based startup. Cove wants to focus on woman security through daily convenience items (smart wearable) via GPS tracking. Cove can accurately track the location of individual wearing device. It also wants to bring Digital payment and other feature on the go.
In other News, Intex Mobile phone company is also investing 150-200 Cr in IoT to stay ahead of the game.
Doc Talk raises 32Cr
Mumbai Based DocTalk ,a Mobile app startup that helps connect doctor & patients, has raised 32 Cr from investors like Matrix partner,Kholsa Venture and others. The company will invest the amount in Hiring Sales, Operation & technology to expand in new areas.
DocTalk works in improving Customer relationship between Doctor and Patient through better experience, eventually increasing revenue.
Symbiotic invest in Aye Finance
Geneva Based Symbiotic Group has led a 32Cr debt investment in Aye Finance. Gurugram Based startup which provides financial services to micro and small businesses, wants to focus on MSME as they believe it’s the most under-served sector. In this year’s summer, Aye received 20 Cr funding from SBI.
Aye Finance wants to make the last mile connection with micro sized businesses. Spread across 33 branches in the India as a non-banking financial company, it provides mortgage, hypothecation and term-loan services