Omidyar Network India, headquartered in Mumbai, Maharashtra, has a team of over 50 employees in the country. The organization focuses on investing in innovative organizations and daring entrepreneurs who have the potential to bring about economic, social, or political change.
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Their investment areas include Digital Identity, Education, Emerging Technology, Financial Inclusion, Governance and Citizen Engagement, and Property Rights. They make equity investments in promising upcoming companies and also provide grants to non-profit organizations.
There are 60+ investments made by Omidyar Network India. When Indifi Technologies raised funding on June 13, 2023, that was their latest investment. In India, Omidyar Network has made two exits. The two largest exits from Omidyar Network India were CredFlow and Pickrr Technologies.
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Here is the list of the Omidyar Network India Startup Portfolio | Startups Funded by Omidyar Network
1mg
Gurgaon-based 1mg is founded by Vikas Chauhan in 2015, It is India’s largest online pharmacy and healthcare platform. The Platform Provides several health products such as online consultation, booking lab tests, and information on doctors, clinics, diagnostic centers, pharmacies, etc. Back in 2016, 1mg successfully secured over $15 million in funding during their series B funding round.
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The investment came from prominent investors such as Maverick Capital Ventures, Sequoia Capital, and Omidyar Network India. At that time, 1mg announced its strategic plan to allocate the funds towards expanding its online pharmacy and diagnostics services. Additionally, they aimed to introduce personalized health feeds tailored to the needs of their consumers.
AffordPlan
Delhi-based AffordPlan is a FinTech platform, founded by Tejbir Singh in 2016. The platform provides affordable healthcare through planned savings. Currently, the platform is partnered with more than 150 hospitals across the country, It is available in 20+ cities with lakhs of patient families as its patrons.
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The Platform secured $10 million from Lok Capital, Omidyar, and others on April 2018. It has gained total funding of $13.6M in 3 rounds.
Ashv Finance
Ashv Finance provides accessible and adaptable loans that empower MSMEs and Small Businesses.
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Ashv Finance has a total of 23 investors in its portfolio such as the Michael & Susan Dell Foundation, Omidyar Network India, Aavishkaar Capital, Triodos Investment Management, and other Investors. It has secured a total funding of $30.1M over 7 rounds.
Aspiring Minds
In 2008 Founded by Himanshu and Varun Aggarwal, Aspiring Minds helps students to find the suitable job for them. The Platform also help companies improve their quality and efficiency of hiring and is today associated with more than 3500 corporations.
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It has more than 500+ people strong organizations with operations in the US, China, India, the Middle East, the Philippines, and Sub-Saharan Africa. Aspiring Minds secured a $2.54M Series A funding round from Omidyar Network and Genpact in 2011. The Platform has a total has 7 investors in its portfolio such as Omidyar Network India, Imaginable Futures, Genpact, SHL, and 5 more.
Axio Biosolutions
Axio Biosolutions is a med-tech company founded by LEO MAVELY. The platform focused on Advanced surgical and wound-care products based on novel biomaterials.
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AXIO secured $5.2 million in a Series B-1 round of funding which is led by Omidyar Network India, Some existing investors also take participation in this round such as Accel, University of California & Ratan Tata’s UC-RNT Fund, and Chiratae Ventures. The Platform has secured a total funding of $20.6M in 6 rounds.
Bharat Inclusion
Bharat Inclusion is provided financial help to establish small businesses in society. The Platform helps entrepreneurs to turn ideas into businesses.
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All the fund is advised by CIIE, IIM Ahmedabad. Omidyar Network Startup is one of the investors in Bharat Inclusion.
Bijak
Gurugram-based Bijak is founded in 2019, by Nukul Upadhye. The platform helps to buy and sell an agricultural commodity at a better price.
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The Platform has a total of 17 investors in its portfolio such as RTP Global, Omidyar Network, Bertelsmann, AngelList, and other investors. It has secured a total funding of $34.1M in 3 rounds.
Blackboard Radio
Blackboard Radio is a platform designed for young professionals who have a desire to enhance their English language skills. Through the utilization of AI-based technology, the Blackboard Radio app offers personalized lessons tailored to each user, focusing specifically on practicing and improving their spoken English abilities.
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The Platform has a total of 10 investors in its portfolio such as Sequoia Capital, CIIE, Villgro, Startup Oasis, Omidyar Network, and other investors.
Bounce
Bounce, India’s inaugural smart mobility solution, aims to enhance daily commutes by providing a stress-free, time-saving, eco-friendly, and convenient experience. It offers affordable daily rides that are easily accessible and convenient to book for everyone.
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The Platform has a total of 20 investors in its portfolio such as Accel, Sequoia Capital, Qualcomm Ventures, Chiratae Ventures, Omidyar Network, and Others. It has secured a total funding of $199M in 11 rounds.
Buyume
Buyume is revolutionizing the beauty industry by empowering beauty professionals and salons to combine the sale of beauty services and products.
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It equips them with technical knowledge to enhance their consultation capabilities, provides convenient access to a wide range of beauty brands right at their doorsteps, and offers cutting-edge tech tools to optimize customer consultations and ensure maximum customer satisfaction. Omidyar Network is one of the investors in the portfolio.
Centre for Teacher Accreditation (CENTA)
Centre – The Center for Teacher Accreditation (CENTA) aims to elevate the teaching profession by evaluating and validating the skills and abilities of teachers. It accomplishes this by conducting assessments to certify teachers’ competencies, facilitating their connection to various career opportunities, providing rewards and recognition for their achievements, and supporting their ongoing professional development.
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Through these efforts, CENTA strives to make teaching a highly esteemed and aspirational profession.
Campus Fund
Campus Fund is the pioneering and exclusive Dorm Room Fund in India, dedicated to investing in startups initiated by students.
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It is operated by a team of full-time students who receive capital, mentorship, and guidance from the Campus Fund to make their investments.
CloudSEK
Founded in 2015 by cybersecurity expert Rahul Sasi, CloudSEK is an enterprise specializing in AI-driven Digital Risk Management. Its vision is to shape a future where advanced machines can replicate human cognition, enabling them to anticipate cyber threats even before they materialize.
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CloudSEK has secured a total funding of $10M in 3 Seed and 1 Early-Stage. The Platform has a total of 14 investors in its portfolio such as IDFC, Omidyar Network India, MassMutual Ventures, NetApp Excellerator, and Other Investor.
CredR
CredR holds the position of India’s foremost brand for pre-owned motorcycles. It operates a comprehensive marketplace for used two-wheelers through a combination of physical showrooms and a vast network of over 100,000 dealers across the country.
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The Platform has secured $6 million from Omidyar Network India along with its existing investors.
Credflow
Credflow is a dedicated platform for managing cash flow, specifically designed for mid-market Small and Medium Enterprises (SMEs). Its primary objective is to provide these businesses with the means to access their working capital more effectively.
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The main aim of Credflow is to help small businesses grow exponentially by managing their banking, payments, and treasury. In their seed round of funding, Credflow successfully raised $2.1 million from notable investors including Stellaris Venture, Omidyar Network, and Flourish Ventures.
DealShare is a platform focused on India, known as “e-commerce 2.0,” that aims to fulfill the FMCG/grocery and general merchandise requirements of consumers with lower-middle income residing in Tier-2/3 cities.
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The Platform has secured a total funding of $393M in 1 Seed, 2 Early-Stage, 4 Late-Stage, and 2 Debt rounds.
Doosra
Doosra is a privacy-focused technology platform that currently provides virtual mobile numbers to businesses and individuals, enabling them to communicate with the outside world while maintaining privacy.
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The Platform secured $490K in a Seed funding round on Dec 22, 2021. It has a total of 16 investors in its portfolio such as Titan Capital, Omidyar Network India, Capier Investments, 2 am VC, and other investors.
Doubtnut
Doubtnut is an ed-tech platform founded by Tanushree Nagori. The platform offers online solutions for solving the user’s doubts in many languages. Doubtnut has secured a total funding of $52.4M in 3 Seed, 3 Early-Stage, and 1 Debt.
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The Platform has a total of 29 investors in its portfolio such as Tencent, Innoven Capital, Village Capital, Omidyar Network, and other investors.
DrinkPrime
Bengaluru-based Drinkprime provides clean drinking water to its users. The platform is founded by Manas Ranjan Hota and Vijender Reddy. Omidyar Network India, Surge, and other investors invested an Undisclosed amount in a Conventional Debt round on Jul 20, 2022.
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The Platform has a total of 84 investors in its portfolio such as Gaingels, Northern Arc, LetsVenture, AngelList, and other investors. It has total funding of $12.8M in 9 rounds.
Entri
Kerla-based Entri is founded by Mohammed Hisamuddin and Rahul Ramesh in 2015, It helps students to prepare for state civil service exams. Entri secured $7M in a Series A round by Omidyar Network India, Innospark Ventures, and other investors on Feb 16, 2022.
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The Platform has a total of 15 investors in its portfolio such as Omidyar Network India, LearnLaunch, Good Capital, Innospark Ventures, and others investors.
FarMart
Gurugram-based FarMart is an agritech platform that empowers agri-retailers to enhance their support to farmers. it is founded by Mehtab Singh Hans and Alekh Sanghera. FarMart has secured a total funding of $48M in 6 rounds.
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Avaana Capital Advisors, Omidyar Network India, and other investors invested $2.4M in a Seed funding round on Feb 15, 2021.
Goodera
Founded in 2014, by Richa Bajpai and Abhishek Humbad. The platform manages companies in their corporate social responsibility programs. Goodera has a total of 46 investors in its portfolio such as Elevation, Nexus Venture Partners, ACT Grants, Teneo, and more.
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The Platform has secured $10M in a Series C funding round from xto10x, Omidyar Network India, and 5 more.
GramCover
In 2016, GramCover is founded by Jatin Singh and Rishabh Garg. The platform provides insurance distribution in rural India.
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GramCover secured $532K in Seed funding rounds by EMVC, Omidyar Network India, and other investors on May 22, 2020.
Healofy
Bengaluru-based Healofy is founded by Akshay Gulati in 2016. It is India’s largest women’s social network.
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Healofy has a total of 43 investors in its portfolio such as Omidyar Network, Celesta Capital, Y Combinator, BAce Capital, and other investors. The has secured a total funding of $20.6M in 4 Seed, 5 Early-Stage, and 2 Debt.
HealthKart
Gurugram-based HealthKart is founded by Sameer Maheshwari in 2011, It is a one-stop shop for all your health and wellness needs. HealthKart, headquartered in Gurgaon, offers a wide range of health and wellness products at affordable prices. Their product selection includes protein supplements, as well as vitamin smoothies.
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On its website, HealthKart lists over 200 brand products from authorized vendors that customers can choose from. In their second funding round, the startup secured more than Rs 27 crore from their existing investors, namely Sequoia Capital and Omidyar Network India. This substantial investment enabled the company to diversify its product offerings and venture into the development of an online magazine focused on health and fitness.
HexaHealth
HexaHealth provides one solution for surgery founded by Ankur Gigras, Vikas Chauhan, and Dr. Aman Priya Khanna. The Platform digitizes in-patient care and becomes a long partner for patients during their entire hospitalization process. The Platform aims to change the concept of surgery and provide them good surgery experience.
The Platform has secured a total funding of $11.7M in 2 rounds. The platform has a total has 13 investors in its portfolio such as Chiratae Ventures, 3one4 Capital, Omidyar Network India
iMerit
iMerit is founded by Radha Basu. It is an IT solutions company specializing in providing top-notch data services that are tech-enabled.
iMerit secured $762K in a Seed funding round by Omidyar Network India on Mar 19, 2013.
Indifi
Gurgaon-based Indifi is founded by Siddharth Mahanot and Alok Mittal. It is an online lending platform, Which offers loans in India to small business owners.
The Platform has secured total funding of $124M in 2 Early-Stage, 4 Late-Stage, and 2 Debt, Indifi has a total of 30 investors in its portfolio such as Accel, British International Investment, IndusInd Bank, Omidyar Network, and others.
Indus OS
Indus OS runs a distinctive operating system focused on regional languages, along with a range of exclusive systems and native applications.
Indus OS has secured a total funding of $17.6M in 1 Seed and 5 Early-Stage. The Platform has a total of 26 investors in its portfolio such as Ventureast, Omidyar Network, Samsung Venture Investment, and BlackSoil.
IntrCity
IntrCity is the leading platform in India that provides a comprehensive range of inter-city mobility services for passengers who wish to travel by train or bus, all through a single-window interface.
IntrCity has a total of 5 investors in its Portfolio such as Samsung Venture Investment, Blume, Omidyar Network India, and Alteria Capital. Back in 2018, it raised over Rs 100 crore led by Nandan Nilekani and Samsung Venture Investment. Omidyar Network and Blume Ventures also take participation in this round.
Kaleidofin
Kaleidofin’s objective is to assist underserved consumers in India in achieving their life objectives by providing them with personalized financial solutions, which are conveniently accessible through a user-friendly mobile application.
Back in 2018, Kaleidofin secured Rs 18 crore in a seed round led by Omidyar Network, Blume Ventures, and Dr. Shlomo Ben-Haim also take Participation in this round.
Krishify
Krishify is a pioneering networking platform in India that focuses on farmers and agricultural stakeholders. Its main objective is to empower them through the use of technology, thereby enhancing their business opportunities and prospects.
Krishify has secured a total funding of $12.9M in 4 rounds. The Platform has 10 investors in its portfolio such as Orios Venture Partners, Omidyar Network India, Omnivore, and Ankur Capital.
Kutuki
Kutuki is the educational journey for countless young learners in India through the creation of India’s inaugural preschool learning platform, specifically designed and developed for the needs of Indian children.
The Platform has secured $2.2 million in a seed round led by Omidyar Network. Some existing and angel investors also take Participation in the round such as Better Capital, First Cheque, and Abhishek Nag.
Louie Voice Control (LVC)
Louie Voice Control (LVC) is an accessibility platform constructed to aid individuals from the Visually Impaired community in effortlessly navigating popular mobile applications, thus enabling them to live independently without relying on human assistance.
Louie’s Voice secured $943K in a Seed funding round from Chiratae Ventures, Omidyar Network India, and some other investors on Jan 17, 2022.
M2P
M2P, a prominent API infrastructure company, specializes in assisting businesses in establishing and launching their own branded products.
Their primary focus is collaborating with banks and financial institutions, serving as product providers. M2P Fintech has secured a total funding of $114M in 1 Seed,2 Early-Stage, and 3 Late-Stage.
Masai
Masai School is revolutionizing the perception of higher education in India through its emphasis on outcome-based education. It is dedicated to creating equal opportunity for individuals from all backgrounds who aspire to build successful careers.
The Platform has secured $5 million in the Series A funding round led by Omidyar Network India. Some Existing investors also participated in the funding round such as Unitus Ventures, India Quotient, and AngelList India.
Mistry.Store
Mistry.Store is an innovative digital-first enterprise with a vision to transform the way home-building materials are purchased. It aims to achieve this through its unique platform designed exclusively for home-building professionals and their customers.
Mistry.Store is a $2M in a Seed funding round by Omidyar Network India, Waveform Venture, and 9 more investors on Oct 19, 2022. The Platform has 12 investors in its portfolio such as Amplify Partners, AngelList, Omidyar Network India, and Good Capital.
MyShubhLife
Bengaluru-based MyShubhLife is a fintech company founded by Monish Anand and Rahul Sekar. The platform revolutionized the banking sector by building a dynamic system.
The Platform has a total of 12 investors in its portfolio such as Saama Capital, Flourish, Beenext, SRI Capital, and Omidyar Network India. The Platform has secured a total funding of $27.8M in 5 rounds.
myUpchar
New Delhi-based myUpchar is founded by Rajat Garg and Manuj Garg. It is a health-tech platform. The Platform connects patients to doctors all over India via chat, voice, and video and facilitates health insurance distribution and provision of medicines to its users.
myUpchar secured $5M in a Series A funding round on Aug 28, 2018. The Platform has secured total funding of $5.35M in 3 rounds.
Neogrowth
Neogrowth is a digital lending platform that specializes in providing loans to micro, small, and medium enterprises (MSMEs). It caters to businesses of varying sizes that lack access to traditional bank credit.
Neogrowth offers a diverse portfolio of secured and unsecured credit products to meet the financial needs of these enterprises.
NowFloats
NowFloats is a comprehensive platform that empowers small and medium businesses in India to swiftly create an online identity, attract potential customers in a highly localized setting, establish connections, and facilitate transactions with their clientele.
Otipy
Otipy is the pioneering community group-buying technology platform in India, specializing in offering fresh fruits, vegetables, grocery items, and daily essentials.
With its farm-to-fork delivery approach, Otipy ensures optimum freshness by directly sourcing from farmers and delivering the produce to consumers within a remarkable timeframe of fewer than 12 hours.
PepperTap
PepperTap Supermart is a rapidly expanding network of self-service convenience stores. The company collaborates with numerous B2B retailers to deliver services through its franchise-operated outlets.
PepperTap has a total of 18 investors in its portfolio such as Sequoia Capital, Elevation, RTP Global, Innoven Capital, Omidyar Network, and other investors.
Pickrr
Pickrr is a SaaS-based, plug-and-play platform. It is transforming the conventional approach of how businesses ship their products to buyers across the globe. The Platform work as a virtual shipping partner. Where they Provide solutions to the platform for shipping requirements to individual e-commerce sellers, and small brands.
The Platform Secured $4 million in funding which is led by Guild Capital and Omidyar Network India on Dec 2020.
Pratilipi
Pratilipi is India’s largest self-publishing platform in India, catering to both readers and writers of various Indian languages. The Platform secured a Rs 28 crore fresh round led by Omidyar Network and Nexus Venture Partners on Feb 2018.
Other investors also take participation such as Contrarian Capital, Times Internet, WEH Ventures, Shunwei Capital, and Atul Goel.
Presolv360
Presolv360 is an online platform for dispute resolution known as ODR. Its primary purpose is to facilitate the resolution of legal disputes outside the traditional court system, enabling parties to reach settlements swiftly and efficiently.
Presolv360 secured $1.08 million from MGA Ventures, Omidyar Network India, with Inspira Enterprises, M Pallonji, Jeena and Co., and Fine Fragrances, among other angel investors on Feb 2022.
PrivaSapien
PrivaSapien is a deep-tech startup specializing in B2B privacy engineering. Their core focus is assisting businesses in accessing and utilizing data while upholding user privacy, thereby establishing a trustworthy data and AI ecosystem that benefits a wide range of users.
PrivaSapien secured $1M in a Seed funding round on Oct 28, 2022.
Project Hero
Project Hero offers a reliable and cost-effective solution for contractors to hire and oversee construction workers specializing in different trades such as bar bending, shuttering, masonry, painting, and more.
This platform eliminates the need for intermediaries like labor contractors, streamlining the process and ensuring greater control and efficiency. The Platform secured Rs 25.5 crore in seed funding from Ankur Capital, Omidyar Network India on Sep 2022
QueueBuster
QueueBuster, India’s Business Super App, is an Android-based Mobile POS application designed to empower businesses of all types with its robust features. The Platform offers real-time sales updates and reports.
It also manages the employees. The Platform has multiple clients such as HDFC Bank, Yes Bank, Unilever, Cashify, Pine Labs, Fist Data, and others. The Platform secured $8.16 million in a funding round led by Chiratae Ventures, Omidyar Network India, and Flourish Ventures on Jun 2022.
Quikr
Quikr is a widely-used online marketplace in India that enables consumers to connect and carry out efficient transactions.
It specifically caters to blue-collar jobs, automobiles, home services, real estate, education, and physical commerce, providing a convenient platform for users throughout the country. The Platform empowers people to connect with different buyers and sellers independently.
It also raised over $350 million in 7 rounds to fulfill its dream of disrupting the e-commerce market in the country and empowering people. In 2009, the platform secured over Rs 200 million in the second round of funding which was led by Omidyar Network and Matrix Partners India. Quikr has several investors in its Potfoloi such as Tiger Global, Kinnevik, Matrix Partners, Omidyar Network, Norwest Venture, Nokia Growth Partners, Warburg Pincus, and eBay, etc.
Riskcovry
Mumbai-based Riskcovry is founded by Sorabh Bhandari, Suvendu Prusty, Vidya Sridharan, and Chiranth Patil in 2018. It is a Cloud-based financial infrastructure solution for the insurance industry.
The Platform secured $5.3M in a Series A funding round by Omidyar Network India, Pentathlon Ventures, and other investors on Mar 08, 2021.
Scripbox
Bengaluru-based Scripbox is founded by Atul Shinghal in 2012. The platform provides digital wealth management services. The company’s primary objective is to provide financial education to young professionals, empowering them to save and grow their wealth. They actively promote the exploration of investment options that can outpace inflation, rather than traditional instruments like fixed deposits and gold.
E R Ashok Kumar, the CEO of Scripbox, asserts that equities can offer returns exceeding 15% compared to conventional forms of investment. To support their mission, the company secured an undisclosed amount of funding in their Series B round from Omidyar Network India and Accel partners.
This investment aligns with Omidyar’s other ventures in the personal savings sector, including Juntos from the US and Tandem from the UK. Scripbox had planned to expand its presence to 1,000 cities by 2020 using the funds obtained.
Sitara
Sitara was founded by Shruti Gonsalves which helps in providing small loans for affordable housing in urban areas of India.
The Platform primarily serves borrowers who are informally employed and who live in informal settlements, often with little or no formal title documentation. The Platform is backed by Omidyar Network and Other investors.
Swarna Pragati
Swarna Pragati is a housing microfinance founded by A Ramesh Kumar, It is India’s first affordable rural microfinance company. Zephyr Peacock, Omidyar Network India, and other Investors Invested $15M in a Series B rounding on Dec 19, 2015.
The Platform has secured a total funding of $20.9M in 4 rounds. It has a total of 19 investors in its portfolio such as SBI, Aavishkaar Capital, Zephyr Peacock, Goodwell Investments, and others.
TEAL
Bengaluru-based TEAL is founded by Kshitij Batra and Rohan Shridhar. The platform provides property information more easily for sellers and buyers.
The Platform has Secured $2 Mn In Pre-Series A Round which is Led By Omidyar Network India on April 2022.
Toffee
Toffee, an InsurTech startup, is dedicated to offering easily accessible and digitized insurance policies to consumers. By focusing on simplifying the insurance buying process, Toffee provides bite-sized coverage for daily life events.
The Platform has secured $5.5 million in its Series A round which was led by IVM Intersurer. Other investors also take participation in this round such as Omidyar Network, Flourish Ventures, Accion Venture Lab, and Kalaari Capital.
Transerve
Transerve provides a platform called Transerve Online Stack that enables geospatial analysis. This platform allows users to visualize and process data to gain valuable insights.
The company has developed various applications and platforms such as CityOS, aimed at addressing urban challenges, Watsan, focusing on water supply and sanitation solutions, and the implementation of Lidar technology for heritage restoration and highway engineering. To modernize a city’s municipal information system, the company successfully secured $1.6 million in Series A funding from IL and FS Investment Managers and Omidyar Network.
U2opia Mobile
U2opia Mobile is a worldwide company that offers mobile applications designed to provide universal and personalized access to a wide range of social and utility-based applications.
These applications are compatible with various types of mobile devices, ranging from basic feature phones to smartphones.
Uolo
Uolo collaborates with private schools in India, enabling the transition of the teacher-student-parent community to an online platform. This facilitates students’ seamless continuation of learning in a social and after-school online environment.
Back in 2020, the Platform secured $2.7 million in a pre-Series A round which is led by Omidyar Network India and Blume Ventures. The Platform has secured a total funding of $26.2M n 9 rounds.
VOIZ
VOIZ establishes connections between businesses and independent professionals, allowing for the completion of uncomplicated online tasks and jobs.
The Platform has worked with more than 100 clients including some of the E-commerce, Food delivery, Ed tech, Travel tech, and Fintech industries. Omidyar Network India invested $2M in a Seed funding round on May 27, 2022, The Platform has more than 9 investors in its portfolio such as Flucas Ventures, Omidyar Network India, Kube VC, and GrayCell Ventures.
Varthana
Varthana provides loans specifically designed for infrastructure projects in affordable private schools in India to enhance education accessibility and elevate its quality across the nation.
The Platform also collaborates with education entrepreneurs who have a sense of urgency about improving access to quality education in low-income communities. The Platform has secured a total funding of $89.3M in 2 Seed, 3 Early-Stage,2 Late-Stage, and 10 Debt.
Vedantu
Vedantu is a full-stack online tutoring platform that offers live and interactive sessions to students in grades 6 to 12. It focuses on math and science subjects, as well as assists students in preparing for engineering entrance exams. Vedantu employs an integrated technology called WAVE to establish a marketplace platform for teachers, enabling students to explore, discover, and select their preferred educators.
Currently, the app provides teaching classes for students ranging from 6th to 12th grade, encompassing both co-curricular and competitive examinations. In 2018, Vedantu secured $11 million in Series B funding from Omidyar Network. Subsequently, in 2020, it further raised $12.5 million in a Series C-1 funding round, with investments coming from Legend Capital and Omidyar’s Ohana Holding.
Verse
VerSe Innovation employs recommendation tools to curate content and monitor user preferences.
The Platform helps 350 million + users to consume content in their local language on Dailyhunt. The Platform has secured a total funding of $1.79B over 16 rounds.
Vistaar
Vistaar Finance is dedicated to generating fresh economic opportunities for deserving small businesses and enterprises. The Platform’s mission is to target the missing middle segment, which is not effectively served by the formal financial system.
Vistaar Financial Services has secured a total funding of $78.1M in 3 Early-Stage, 2 Late-Stage, and 7 Debt. It has more than 29 investors in its portfolio such as FMO, WestBridge Capital, Union Bank Of India, and Omidyar Network.
Wiom
Wiom offers unlimited and affordable Internet access to households with middle and lower-middle incomes. The Platform aims to serve their service more than 5 crore homes and 50 crore individuals in the next 5 years.
The Platform has more than 9 investors in its portfolio such as 3one4 Capital, Venture Catalysts, Omidyar Network India, YourNest, and 5 more.
WhiteHat Jr
WhiteHat Jr offers live 1:1 online classes where students can learn from the comfort of their homes, taught by highly qualified and certified teachers. In 2018, the startup successfully raised over $1.3 million in a seed funding round, with investments coming from Nexus Venture Partners and Omidyar’s Network India.
The following year, the company raised $10 million in its Series A funding round, again from existing investors Nexus Venture Partners and Omidyar’s Network India. The company announced its intention to utilize these funds to bolster its platform, enhance its curriculum, and implement marketing strategies aimed at increasing consumer awareness.
Wingreens
Founded by Arjun Srivastava and Anju Srivastava in 2011, It is a retail Food Company that Provides fresh, healthy, tasty, and innovative food products.
Wingreens Provide healthy snacks such as beverages, sauces and spreads, spice mixes, a specialty bakery, breakfast cereals, non-dairy milk, protein shakes, authentic local Indian snacks & delicacies, and organic products. The Platform has raised $17 million in a round led by
Investcorp and Omidyar Network India which is held on November 2021.
ZestMoney
ZestMoney, a prominent digital lending platform, offers Indian consumers a direct pathway to loans through a swift, user-friendly, and transparent process. The digital lending startup based in Bengaluru successfully secured over $20 million in funding during its Series B round.
The investment came from prominent entities such as Quona Capital, Reinventure, Omidyar Network, Ribbit Capital, and PayU. The company intends to utilize these funds to expand its platform, particularly by introducing EMI-based financing options for e-commerce and other online purchases.
ZipGo
ZipGo is constructing a technologically advanced bus network in India to cater to both intra-city and inter-city transportation needs. The Platform Provides an On-demand AC bus service for daily commutes. They also provide a live track system to their users.
Back in 2016, ZipGo secured $6M in a Series A round which is led by Omidyar Network India and Ventureast, Some other influencers also take Participation in this funding round.
Omidyar Network India has played a significant role in driving empowerment and social impact on a large scale over the years. They have achieved this by investing in startups and entrepreneurs who are dedicated to providing solutions for chronic issues in India.
Even during the challenging times of the Covid-19 pandemic, Omidyar Network India demonstrated their commitment by funding 67 projects out of 2000 under the Rapid Response Funding initiative in 2020, with an investment amount exceeding Rs. 10.75 crores. Looking ahead, the investment firm remains committed to supporting and fostering the growth of upcoming startups, thereby strengthening and nurturing a vibrant entrepreneurial ecosystem in the country.
Frequently asked questions (FAQs)
What is the Omidyar Network India Startup Portfolio | Startups Funded by Omidyar Network India?
1mg, AffordPlan, Ashv Finance, Aspiring Minds, Axio Biosolutions, Bharat Inclusion, Bijak, Blackboard Radio, Bounce, Buyume, Centre for Teacher Accreditation (CENTA), Campus Fund, CloudSEK, CredR, Credflow, DealShare, Doosra, Doubtnut, DrinkPrime, Entri, FarMart, Goodera, GramCover, Healofy, HealthKart, HexaHealth, iMerit, Indifi, Indus OS, IntrCity, Kaleidofin, Krishify, Kutuki, Louie Voice Control (LVC), M2P, Masai, Mistry.Store, MyShubhLife, myUpchar, Neogrowth, NowFloats, Otipy, PepperTap, Pickrr, Pratilipi, Presolv360, PrivaSapien, Project Hero, QueueBuster, Quikr, Riskcovry, Scripbox, Sitara, Swarna Pragati, TEAL, Toffee, Transerve, U2opia Mobile, Uolo, Varthana, Vedantu, Verse, Vistaar, Wiom, WhiteHat Jr, Wingreens, ZestMoney, and ZipGo etc. are the startups funded by Omidyar Network India.
