This week 23 Indian startups received funding, of which 19 received a total sum of about $512 million. Among them, Byju’s raised the highest investment of about $400 million followed by Ninjacart, which raised $34.6 million.
Meanwhile, funding for 4 of the total funded startups remained undisclosed.
Below is the summary of deals closed this week:
List of disclosed funding deals this week
Sagisu: Intra-city logistics solution provider Sagisu has raked in $2.1 million in its seed funding round from notable investors in the US and India.
FoodyBuddy: Neighbourhood food network FoodyBuddy that enables consumers to sell home-cooked food, has raised $0.8 million in pre-Series A round from Prime Venture Partners.
Shop101: Social commerce platform Shop101 has raised about $2 million of the upcoming $10-12 million round from Kalaari Capital.
Housejoy: Home service and beauty marketplace Housejoy has raised about $3.24 million fresh capital from Matrix Partners India and other existing investors.
Ninjacart: Online B2B marketplace Ninjacart that connects farmers and brands to retailers has raised $34.6 million in Series B round led by Accel Partners and Switzerland-based Syngenta Ventures.
Roposo: Fashion based social media platform Roposo has raised a downround $10 million round led by Tiger Global.
Byju’s: Edtech major Byju’s has raised $400 million fresh funds at a whopping $3.6 billion valuation. This also catapults the ten-year-old startup in a league of top 5 most-valued startups in the country.
Wakefit: Mattress manufacturing startup Wakefit has raised $9 million in its first institutional round from venture capital firm Sequoia Capital at a post money valuation of Rs 210 crore.
Wow Venue: Premium venue booking platform for weddings, corporate, social and MICE (Meetings, incentives, conferences, and exhibitions) events, Wow Venue has raised $1.5 million fresh funding from strategic investor Pranav Pathak.
Licious: Within three months of raising $25 million Series C round, fresh meat and seafood brand Licious has scooped up another $25 million in the latest round led by Japan’s Nichirei Corp.
MYNEWCAR: Mumbai-based multi-brand car marketplace, MYNEWCAR has raised $1 million in its pre-Series A funding round led by undisclosed investors.
WheelsEMI: Faering Capital, a mid-market-focused private equity (PE) firm has led a $14 million Series B round of funding in pre-owned two-wheeler financing company WheelsEMI.
LambdaTest: Cloud-based testing platform, LambaTest has raised $1 million in pre-series A funding round from Leo Capital.
FeedMyPockets: Bengaluru-based on-demand staffing platform FeedMyPockets has raised $0.62 million seed funding from an undisclosed impact investor.
Perkfinance: Salary-linked loan provider PerkFinance has raised a seed round of $0.9 million from Fosun RZ Capital.
PlanetSpark: Gurugram-based edtech startup PlanetSpark has raised about $0.22 million from FIITJEE.
Aye Finance: Digital lending startup Aye Finance raised $2.78 million through non-convertible debentures.
MadGuy Labs: Hyderabad-based online test preparation startup MadGuy Labs has raised $0.15 million from US-based impact investment firm Gray Matter Capital.
Pimcore: Open-source software platform startup Pimcore has raised $3.5 million in its first funding round led by German Auctus Capital Partners AG.
Undisclosed deals this week
Skincare products startup Plum, freight logistics startup Freightwalla, environmental intelligence startup Ambee and healthcare crowdfunding platform ImpactGuru did not disclose their financial details on funding.
Source: Entrackr
