This week 12 startups received funding, out of which eight were disclosed, who in total made a sum of about $32 million. Among them, USPL raised the highest investment of $15 million, followed by Active.Ai which raised $8.25 million.
Meanwhile, four out of the total funded startups remained undisclosed.
Below is the summary of deals closed this week:
List of disclosed funding deals this week
Kahaniya.com: Hyderabad-based Kahaniya.com, an online storytelling platform in regional languages, has raised $0.2 million in a seed funding round from a bunch of undisclosed US-based NRI’s (non-resident Indians).
i2e1: Delhi-based i2e1, a smart network layer platform which aims to provide low-cost and free Internet to consumers, has raised $3 million in Series-A funding led by impact investment firm Omidyar Network.
GolfLan: Delhi-based Online golf community and marketplace startup GolfLan has raised $1.2 million from Dubai-based entrepreneur Deven Lakshmi Chand Bebhia.
Active.Ai: Fintech startup Active.Ai has secured $8.25 million in a Series A funding round co-led by Vertex Ventures, Creditease Holdings, and Dream Incubator. Existing investors Kalaari Capital and IDG Ventures India also participated in the round.
EasyRewardz: Mumbai-based enterprise loyalty and consumer rewards platform, EasyRewardz has closed a $2-million series-A round of financing led by TransContinental Venture Fund.
USPL: Cricket legend Sachin Tendulkar-backed-Universal Sportsbiz Pvt. Ltd (USPL), the owner of fashion brands Wrogn, Imara and Collectabillia, is raising $15 million from existing investor Accel Partners.
Biryani By Kilo: Gurgaon-based food startup Biryani By Kilo, has raised $1.5 million in its pre-Series A funding from a clutch of investors.
Sumeru: Bangalore-based banking software startup Sumeru, has raised $0.9 million in fresh funding from high-net-worth individuals based in the US and India.
Undisclosed deal this week:
Healthcare services and social care support for senior citizens ElderAid, Gurugram-based Josh Talks, property management startup Reniso, and edtech startup Perspectico Learning 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.
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