Startup and Business News #1 Jio funded Gaming Startup| Cashfree Funding|Plum| Stanza Living| Krikey

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1. Credgenic

A. Based: New Delhi
B. Type: Debt Resolution
C. Name: Credgenic
D. Round: Pre- series A
E. Funding: .5M = 27 Cr
F. Funding round led by Accel Partners, DMI Alternatives funds with existing Investor Titan Capitals.
G. Founded in 2018
H. Founded by IIT Delhi Alumni Rishabh Goel, Anand Agrawal, and Mayank Khera
I. Work: credgenics in SaaS-based collections and Legal Automation Platform aiming to solve India’s 0B + Bad debt Problem
J. Aim: Credgenics is defined on a mission to solve India’s graving bad loan Collection Problem which let us close the seed round last year into the company within a week
K. Competitors: Bolero , Convoke, , Collenda

2. Plum
A. Based: Thane
B. Type: Skin Care
C. Name: Pureplay Skin Science parent company of Plum
D. Round: Series B
E. Funding: 110 Cr
F. Valuation: 140cr
G. Funding round led by Faering Capital, Trifecta Capital with existing Investor Unilever Ventures.
H. Founded In 2014
I. Founded by: Shankar Prasad
J. Work: Plum claims to be a 100% vegan beauty brand and Offers Skincare, Cosmetics, body, and bath products. The brand is available in over 220 cities at 6k retail outlets, besides 15 Market Places
K. Aim: Expand Product range and Market Presence
L. Competitors: Mamaearth, Grove, MCaffeine, Honest

3. Cashfree
A. Based: Bengaluru
B. Type: Payment Gateway
C. Name: Cashfree
D. Round: Series B
E. Funding: .3 M
F. Valuation: 0M
G. Funding round led by London based Private equity fund Apis Partners’ Apis growth fund II with existing Investor Y Combinator and Smilegate.
H. Founded In 2015
I. Founded by Akash Sinha and Reeju Datta
J. Work: Cashfree Processes online payments for over 50,000 large and small Businesses through over half a dozen products including payment gateway, payouts, auto collect, UPI stack, and Marketplace settlement.
Cashfree offers payment gateway and invoicing solutions to businesses. The payment gateway supports credit/debit cards, net banking, mobile wallets, UPI, and Paypal. The gateway can be integrated with e-commerce stores and has modules for invoicing and product hosting.
K. Aim: Enhancing the product and technology. More product Verticals
L. Competitors: Paytm, Gpay, Phonepay, Razorpay

4. Krikey
A. Based: San Francisco, United States
B. Type: Augmented reality multiplayer gaming startup
D. Round: Series A
E. Funding Undisclosed (Dec 2020)
F. Raised up to M
G. Funding round led by Reliance Jio
H. Founded In2017
I. Founded by Jhanvi Shriram, Co-Founder & CEO
J. Ketaki Shriram, Co-Founder
K. Work: Krikey provides a cloud-based augmented reality multiplayer gaming app. Allows users to interact with superimposed animals and objects in real-time and claims to have 15+ multiplayer games. Supports capturing and creating videos of the experiences and share them on social media. The app is compatible with iOS and Android devices.
L. Competitors: 8i, ARblox, Adventurous

6. Stanza Living
A. Based: Delhi
B. Type: Co-Living Startup
C. Name: Stanza Living
D. Funding .9M = 44 Cr(Nov 2020)
E. Raised up to .2 M in 5 Funding Round
F. Funding round led by: undisclosed (existing Investor)
G. Founded In 2017
H. Founded by Anindya Dutta and Sandeep Dalmia
I. Work: Stanza Living is a managed accommodation provider for students. It offers fully furnished hostels for students on a monthly rental basis. Offers single and twin-sharing accommodations.
Stanza Living is a student and working professionals. The startup claims to have a presence in 14 cities, with more than 50,000 beds in over 150 residences also claiming to be the largest leaving a company in the country.
J. Aim: Enhancing to grow its operations, and Scale lending volumes.
K. Competitors: CoHive, CityBlock, Campus Students Communities

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