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Funding Digest: Trell, LifCare, and Woodenstreet

Experience discovery platform Trell gets $1.25M Trell, an experience discovery platform which allows users to share travel and local content in the for of short video, has raised seed round of $1.25 million co-led by BEENEXT and WEH Ventures. Sprout Venture Partners, Google India MD Rajan Anandan, Shaadi.com Founder Anupam Mittal & other HNIs also participated in the round. The startup also saw participation from existing angels Aprameya Radhakrishna (Founder, TaxiForSure), Nirav Choksi (CEO, Credable), Shanti Mohan (CEO, LetsVenture), Nitin Gupta (CEO, Ola Money and Founder, PayU India), Amit Lakhotia (VP — Business, Tokopedia) & others; from whom they had raised $250K in March 2017. The startup will use the funds to expand and strengthen the team in the areas of product, technology and data science.  It said in a statement that, it has already crossed half a million downloads and has over 200K monthly actives, in 8 months of its product launch. It was started by a team of IIT Bombay alumni Pulkit Agrawal, Prashant Sachan, Arun Lodhi & NITIE alumnus Bimal Kartheek Rebba in August 2017. Currently, users are creating about 10,000 original posts every day, and it is growing 1.5X Month-on-month since  September 2017.  The company said that addressable user-base in India around experience discovery is currently at 230 million users including non-english speaking audience which are growing at 18% CAGR, and that Trell aims to capture 10% of this untapped market by the end of 2019. Subscription pharmacy LifCare gets Series B of $11M Corner Store Technologies, which…

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