This week in Indian Startups funding news (Sep 18-23)

funding

This week 19 startups received funding, out of which 14 were disclosed, who in total made a sum of $330.55 million. Among them, Flipkart raised highest investment of $156.2 million, followed by HighRadius, which raised about $50 million.

Meanwhile, five out of the total funded startups remained undisclosed.

Below is the summary of deals closed this week:

List of disclosed funding deals this week

The Moms Co: Gurgaon-based mom and baby care consumer goods startup The Moms Co. has raised $1 million (Rs. 6.5cr) in Series A funding round led by DSG Consumer Partners and Saama Capital.

MamaEarth: Delhi-based MamaEarth, an online baby care products startup, has raised $1 million from existing investors Fireside Ventures, along with other VC’s.

funding

Power2SME: Gurugram-based Power2SME, a B2B online buying club for small and medium enterprises, has raised an additional $36 million funding in a Series E round from its existing investors Inventus Capital, Accel, Kalaari and IFC along with Nandan Nilekani.

Securonix: Big data security analytics company Securonix has raised $29 million in Series A round led by Volition Capital and Eight Road Ventures.

HighRadius: Hyderabad-based Fintech startup HighRadius has secured $50 million funding from Susquehanna Growth Equity.

Yatra.com: Nasdaq-listed online travel company Yatra has raised Rs 100 crore from Singapore’s Temasek-backed InnoVen Capital, which is India’s largest venture debt transaction to date.

Siksha Finance: An NBFC firm has raised $2.5 million in debt and equity round.

Flipkart India: Flipkart has raised $156.2 million in debt funding

Typeset: Typeset.io, a writing platform that allows authors to communicate their research effectively has raised $0.85 million in pre-Series A round.

Homergize: Bangalore-based Homergize, a sourcing, and services company catering to the construction and remodeling industry has raised $1 million in a pre-Series A round of investment from LG Chandrasekhar, the chairman of Sutures India.

Save Solutions: Gaya-based financial services firm Save Solutions Pvt. Ltd has raised $6 million in a Series A round of funding from Belgium-based impact investor Incofin Investment Management.

Shortlist: A recruitment tech startup has raised $1 million in a seed funding round.

Blue Lotus Capital: An asset management company focusing on private investments in public enterprises (PIPE) strategy, has raised $15 million for its second outing, the Blue Lotus Capital Multibagger Fund.

Brick Eagle Capital Advisory: Brick Eagle Capital Advisory has received $15.6 million anchor commitment each from Bennett Property Holdings and Axis Bank for its Alternative Investment Fund.

Undisclosed deals this week:

SaaS-based staff communication platform Noticeboard, Online sports gaming platform GamingMonk, e-commerce enabler platform Ace Turtle, product development company iauro Systems and Healthtech HealWell24 did not disclose their funding amount.

*Every week we round up startups that have received or announced fresh funding. Stay tuned for next funding weekly.

(Keep reading and visiting Entrackr to stay updated with all the start-ups and latest technology news and Indian Startup Funding news weekly)

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