Every Monday, I sit with my team to review the funding activity of the previous week. Then, I pick out a few companies that I would have loved to invest in or find founders doing similar things from that list. Here is my rationale behind this weekly exercise.
I am back with the weekly picks!
Last week 27 start-ups raised $567 million. Given the record-breaking year of 2021 in terms of fund inflow and the emergence of unicorns for the Indian start-up ecosystem, the early signs of 2022 give hope that this momentum may continue.
Name: Living Food
What does Living Food do?
Edited from Tracxn: Living Food produces and supplies microgreens. It offers various products, including sauces & spreads, handmade pasta, tea & coffee, fruits, cookies & pastries, drinks & beverages, and more. The products are supplied to customers across Bangalore.
Why do I like Living Food?
Indians are getting conscious of what they are putting in their bodies, especially snacks and condiments usually pumped with chemicals that mimic natural foods. While Living Food is not a first mover in its category, I love the “freshly made” label that puts on all its foods.
While they are currently delivering an extensive range in Bangalore compared to the rest of India, there is a growing market in the premium segment of the metro cities!
Amount Raised: $4.6million led by Alpha Wave Incubation
What does Groyyo do?
Edited from YourStory: Mumbai-headquartered Groyyo aims to transform the manufacturing sector with technology such as real-time production software that digitizes factories by enabling production tracking and intelligent inputs to optimize efficiency and gives them a global outreach to international and national buyers.
Why do I like Groyyo?
The resurgence of the COVID19 led supply chain disruptions have once again placed a magnifying glass on gaps of an increasingly interconnected manufacturing world. Groyyo is trying to bring a semblance of sense into a super fragmented and data-siloed universe. As a B2B application in a world riddled with working capital issues, how they will manage their cashflows will be critical to their long-term success!
What does Wall do?
Edited from Tracxn: Online marketplace for owning digital collectibles. It enables users to hold collectibles to access respective entertainers, gamers, and creators. It provides tools for fractionalization, fundraising, social tokens, and more.
Why do I like Wall.app?
In a world expected to be connected in the metaverse, applications like Wall.app will act as essential facilitators – to build online connections & for developing commerce in the web3 world.