This week 13 startups received funding, who in total made a sum of about $116.2 million. Among them, NestAway raised the highest investment of $50 million, followed by Dunzo which raised $12.3 million.
There is no any undisclosed funding this week.
List of disclosed funding deals this week
FlexiLoans: Mumbai-based digital lending startup FlexiLoans has raised $7 million (Rs 45 crore) from multiple financial institutions in a debt funding round.
MilkLane: Mumbai-headquartered, dairy supply chain startup MilkLane has raised $4 million (Rs 27 crore) led by Swiss-based incubator-cum-investment firm Pioneering Ventures, American dairy company Schreiber Foods and some ultra high net-worth families.
The Label Life: Mumbai-based lifestyle e-tailer The Label Life has raised $3.1 million (Rs 20 crore) from Kalpavriksh, the Rs 500 crore private equity arm of financial services group Centrum.
Mswipe: Mumbai-based point-of-sale (POS) startup Mswipe Technologies has raised $10 million in funding from B Capital Group and DSG Consumer Partners, closing its Series D round.
Mobycy: Led by Akash Gupta and Rashi Agarwal Gurugram-based Mobycy, a dockless bicycle sharing app has raised $0.5 million (Rs 3.2 crore) in seed fund from an Angel Investor based out of the USA.
Flintobox: Chennai-based Flintobox, which focuses on activity-based learning for kids, has raised $7 million in Series A funding from Lightbox and existing investors.
dunzo: Task management app dunzo has raised $12.3 million (Rs 80.8 crore) in a Series B funding round led by Google. Existing investors Blume Ventures and Aspada Investment Advisors also participated in the round.
Rentickle: Delhi-based Rentickle, the lifestyle rental startup has raised $4 million in a fresh round of equity and debt funding led by Ajay Relan, chairman of VC firm CX Partners, and ThinKuvate, a Singapore-based VC firm.
NewstAway: Bengaluru-based home rental startup NewstAway has raised $50 million from UC-RNT, an alternative investment fund that partners RNT Associates (Ratan Tata) and the University of California.
Inshorts: Noida-based content discovery app Inshorts has raised $5 Mn funding from Tiger Global.
eShakti: Chennai-based eShakti Pvt. Ltd, which operates a women’s apparel e-tailer, has raised $2.3 million in debt funding from non-banking finance BlackSoil Capital.
Happay: Bangaluru-based Happay, an expense management platform for enterprises, has raised $10 million in a Series B funding round led by existing investor Sequoia Capital.
Handy Training: Goa-based Handy Training Technologies Pvt Ltd, which owns HandyTrain, a Software-as-a-Service (SaaS) platform on mobile, has secured $1 million from NB Ventures.
*Every week we round up startups that have received or announced fresh funding. Stay tuned for next funding weekly.
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