Indian Tech Startups Funding and Investments in June 2021

The economic growth of Indian startups has been a great success story for the aspiring business leaders in the country. This has occurred at a time when economies are faced with unfolding change. The three basic ingredients for growth are productivity, capital, choosing the right technology that will support the business and its employees.

Here, Analytics Insight compiles a list of the top Indian tech startups and funding's in June 2021.

• BimaPe

Amount Raised: US$500,000

Transaction Type: Pre-seed

Key Investor(s): iSeed, Titan Capital, and others

BimaPe, is an insurance company, providing a digital platform for its users to manage their insurance schemes. The company does not sell insurance, but it only helps and assists its customers to make the right decisions about their insurance.

• Classplus

Amount Raised: US$65M

Transaction Type: Series C

Key investor(s): Tiger Global and others

Classplus, is a company that develops mobile and web-based tutor enablement applications designed to connect and engage tutors with the students and their parents. The application provides analytics on a child's performance, offers a test portal, and provides comprehensive results about the students' performance.

• Skillmatics

Amount Raised: US$6M

Transaction Type: Series A

Key Investor(s): Sequoia Capital India, and others

Skillmatics, is a new-age digital platform that provides innovative study plans for students through creative educational games and products, designed to help children build core skills in subjects, like mathematics, language, and science.

• Upside AI

Amount Raised: US$1.2M

Transaction Type: Seed

Key Investor(s): Endiya Partners, and others

Upside AI is a machine learning investment platform that builds products that follow a rules-based, systematic approach to investing. The first few products of this company focused on equity investing using proprietary ML algorithms to understand and buy companies that are excellent businesses.