Indian Startups Heading to Disrupt the Market by Raising Funds


Yufta

With aim to meet the needs of the true fashion explorer, Yufta was formed by Ritesh Khandelwal, Ravi Khandelwal and Tarun Sharma in the year 2014. Yufta seeks inspiration from today’s Youth and their Spirited & Un-Influenced mindsets. The firm aims to deliver high quality products with International Standards and make it available online at a reasonable price. Yufta utilizes raised funds for enhancing technology and boosting up the operations. Recently, Rajasthan Angel has invested an undisclosed amount in Yufta, the e-commerce company overcomes the challenges by blending technology and operation in a poised omni-channel model.

1MG

1MG is a Bangalore based online pharmacy. 1MG has raised $15Mn in series B funding led by Maverick Capital Ventures. 1MG eliminates the efforts required to walk miles in search of medical stores, you can now buy medicines at your finger tips without any hurdles. The website learns the consumer’s medicines that have the same composition as prescribed by doctor and it is given at a very less price. The company has been backed by investors who’ve backed Apple, Google, Yahoo, Intel, eBay, inMobi etc. The firm looks forward to use the investment to develop its digital health offerings and to launch products such as  ‘Smart Prescriptions’ and  ‘My Health Feed’; and connect strongly with public and private healthcare programs.

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