11 Sep 2021
After remaining sluggish at the start of the month, venture capital activity picked up during the second week of September. No less than 32 Indian startups raised more than 315 million USD from September 5 to 10. Logistics platform Delhivery leads the pack with an investment of $ 76 million, followed by overseas education platform Leap which absorbed $ 55 million as part of the Series C funding. HomeLane, the home interiors startup, which mopped up a $ 50 million Series E funding round.
Here is the weekly round table of Indian startups for the second week of September
HomeLane, India’s Choice for One-Time Home Interiors, has announced a $ 50 million Series E financing round, led by IIFL AMC’s Late Stage Tech Fund, OIJIF II (Oman India Joint Investment Fund ) and Stride Ventures.
Agro-tech start-up Farmers Fresh Zone raised Rs 6 crore in a pre-Series A round from existing investors led by Indian Angel Network (IAN).
Prior to its IPO, Gurgaon-headquartered Delhivery raised $ 76.4 million from Lee Fixel’s venture capital firm Addition in a Series I funding round,
Nova Benefits, an employee wellness platform focused on corporate health insurance, has secured $ 10 million in funding, led by Susquehanna International Group (SIG) and Bessemer Venture Partners.
Leap has raised $ 55 million in a series of Series C financings from Owl Ventures, Harvard Management Company, Jungle Ventures and Sequoia Capital India.
Biotech startup IimmunitoAI said on Wednesday it had raised $ 1 million (over Rs 7 crore) in a seed funding round led by early stage venture capital fund pi Ventures.
CollegeDekho, a university admissions and education services platform, said on Wednesday it had raised $ 26.5 million (around Rs200 crore) in an ongoing funding round.
Agritech startup InfyU Labs raised Rs 1.8 crore in an IAN funding round.
Bengaluru-based tech start-up Neokred extended its startup cycle to raise an additional $ 500,000 in funding
WeRize, the socially distributed, full-stack financial services platform based in Bengaluru, announced on Wednesday that it had raised $ 8 million in Series A
VAHDAM India, which sells premium tea and wellness products, has raised Rs 174 crore from investors, including IIFL AMC’s private equity fund, to expand its business globally and enter new categories.
Bangladesh-based business-to-business (B2B) platform ShopUp, which merged with Bengaluru-based online fashion retailer Voonik in February 2020, raised $ 75 million in serial funding round B
Gigforce, the tech-focused, gig worker-focused staffing startup, said on Tuesday it had raised $ 3 million in a pre-Series A round led by Endiya Partners
Fleek, a Bengaluru-based subscription management platform, has raised $ 1 million in seed funding led by Axilor.
GoKwik – an e-commerce support company, whose mission is to democratize the shopping experience and increase GMV achievement for e-commerce businesses, raised INR 40 crore ($ 5.5 million ) during the pre-series cycle A.
Interior design startup Flipspaces has raised USD 2 million (around Rs 14.6 crore) from investors to fund expansion and growth plans. In a pre-series B round.
Zeotap, the next-generation customer data platform based in Bengaluru and Germany, has announced the raising of an $ 11 million extension of its Series C funding round.
Blockchain analytics startup BitsCrunch has raised Rs.5.5 crore in seed funding from a group of investors including tech firm Covalent, venture capital firms Double Peak and GenBlock Capital.
Pune-based food ingredients start-up Proeon recently raised INR 17.5 crore as seed money.
COGOS Technologies Pvt. Ltd, the Bangalore-based enterprise logistics company, announced on Tuesday that it had raised a total of $ 2 million in pre-Series A funding.
Mumbai-based gaming platform GameEon Studios has raised $ 320,000 in funding from the Mumbai Angels Network.
Healthcare logistics platform Biddano raised Rs 17 crore in fundraising round led by Coinbase and social media firm Pinterest board member Gokul Rajaram
B2B cross-border procurement and supply chain technology company Geniemode has raised USD 2.25 million (around Rs 16.4 crore) under the leadership of Info Edge Ventures.
Prolgae Spirulina raised $ 200,000 in a seed fundraiser from angel investor Vijayan.
Healthy food brand D2C Anveshan raised 3.67 crore rupees in funding round led by DSG Consumer Partners, with Titan Capital and Anjali Bansal from Avaana Capital
Bengaluru-based food tech startup GoodMylk has raised $ 1 million as part of a startup cycle extension from a group of domestic and international angel investors.
Drone delivery startup TechEagle Innovations Pvt. Ltd raised $ 500,000 in seed funding led by India Accelerator,
Startup Edtech Lido Learning has raised $ 10 million (around Rs 73.4 crore) from Ronnie Screwvala’s Unilazer Ventures.
Fieldproxy, a code-free SaaS platform to improve the productivity of field teams, today announced that it has raised 2 crore as part of its startup cycle.
Overseas education company Leap said it secured $ 55 million in Series C funding, led by Owl Ventures.
We Founder Circle (WFC) – a start-up investment platform, as an extension of its mission to fund early stage start-ups, has invested in Vidyakul, an online learning platform vernacular extracurricular line.
Coutloot, a Mumbai-based offline-to-online (O2O) social commerce platform raised $ 8 million in a pre-series funding round led by venture capital firm Ameba Capital.
Hype Luxury, a luxury car rental startup headquartered in Bengaluru, today announced in a statement that it has raised an undisclosed amount in pre-Series A financing
Dukaan, a retail platform that helps entrepreneurs set up an online store, has raised $ 11 million (around Rs 80.3 crore) under the leadership of 640 Oxford Ventures.
India and the US-based global media SaaS technology company Amagi Saturday said it raised more than $ 100 million in funding.
Chennai-based tech company ZohoZoho said on Tuesday it had invested Rs.35 crore in local MRI tech startup Voxelgrids
Boston-based deeptech startup Trillbit with an office in Bangalore raised $ 1.5 million as part of its seed fundraiser