[Weekly Funding Roundup] Venture capital inflow into Indian startups remains steady
January to date has seen steady funding momentum, with Indian startups raising around $400 million in total capital.
In the third week of January, Indian startups raised a total funding amount of $433 million, spread across 35 deals. The previous week, they had raised $410 million.
Robotics startup AddverbTechnologies has raised $132 million from Reliance Industries.
Wealth management platform INDmoney has raised $75 million from Steadview Capital, Tiger Global and Dragoneer Investment Group.
Agritech startup Arya has raised $60m with $46m in equity from Asia Impact SA, Lightrock India and Quona Capital and $10m in debt from the US International Development Finance Corporation.
Social investment platform StockGro has raised $32 million from BITKRAFT Ventures, General Catalyst, Roots Ventures, Creed Capital Asia and others.
Fintech startup Scripbox has raised $21 million from Accel Partners, Transpose Platform, Sparkle Fund and others.
Short video app Chingari has raised $15 million from Republic Capital, Onmobile, JPIN Venture Catalysts, Hill Harbour, Angellist and others.
Zuper, a tech startup, has raised $13 million from FUSE, Sequoia Capital India, Prime Venture Partners, and HubSpot Ventures.
ZingHR, an HRtech startup, raised $10 million from Tata Capital Growth Fund II.
Student housing company Your-Space has raised $10 million from a group of angel investors and family offices.
Mobile games startup nCore Games has raised $10 million from Galaxy Interactive and Animoca Brands in addition to a group of angel investors.
Silver jewelry startup GIVA has raised $10 million from Sixth Sense Ventures, A91 Partners, India Quotient and others.
Natural pet treat brand Dogsee Chew has raised $6.7 million from Mankind Pharma and Sixth Sense Ventures.
Epigeneres Biotech, a cancer-focused health tech startup, raised $6 million from Kotak Investment Advisors, Moez Daya, LetsVenture Angel Fund and others.
Fresh food tech company Pluckk has raised $5 million from Exponentia Ventures.
Agritech startup DeHaat has acquired B2B agricultural input market startup Helicrofter for an undisclosed value.
Gaming company Nazara Technologies has acquired a 55% stake in adtech startup Datawrkz for Rs 124 crore.