3 Budding startups in India – 2017 List

1. Rooter

Rooter, a Mumbai-based social engagement app for sports enthusiasts, has raised a substantial quantity of financing from consumer electronics producer Intex. "Intex's comprehension of the smartphone world in Tier-2 and three cities of India can help us to market and develop Rooter," states Rooter CEO and creator Piyush Kumar in a statement.

2. Big Basket

A range of grocery startups in India have close shop throughout the previous year as capital dried up, and unit authenticity didn't add up. However, BigBasket may face a challenge in Amazon that was experimenting with grocery delivery in India.

India's leading online grocery shipping website BigBasket has secured US$7 thousand in venture debt from Trifecta Capital. The cash goes towards constructing its warehousing and cold storage infrastructure. BigBasket had increased US$150 million in a Series D round headed by UAE-based Abraaj Group this past year.

3. Icertis

Among Software-as-a-service (SaaS) startups in India, Icertis is making a lot of noise. It is headquartered in Bellevue, Washington with offices in Mumbai and Pune, has increased US$25 million in Series C financing led by B Capital. Icertis' cloud-based applications help businesses manage their contracts internationally. It helps companies standardize procurement across several providers.

How to find investors for your startup?

Individuals are more cautious than ever using their financial investments nowadays. Due to the financial hardships in the last several decades, people are being thriftier and spending a whole lot less. Even company investors are working double the caution before placing cash into any new business venture or before funding any startups in India.

Start with personal network

Even if you don't know any company investors, your family and friends could have the ability to recommend some people so it would be useful to ask them. After all, the individuals who are closest to you are the people who are most likely to assist you in times of need.

Spread the word

If you cannot find any company investors by studying the business department or by asking your friends, then make the investors come to you. You can achieve it by spreading the word that you're in need of investors. Along with asking your friends, then you can speak with your bank supervisor, your workplace colleagues, or some other people who could have the ability to assist you. It will not be too long before it's possible to meet a few private investors. When that time comes, you will need to convince investors your business idea is a profitable one.