This week 12 startups received funding, out of which 10 were disclosed, who in total made a sum of about $98 million. Among them, Nazara Games raised the highest investment of $51 million, followed by CleanMax Solar which raised $15 million.
Meanwhile, two out of the total funded startups remained undisclosed.
Below is the summary of deals closed this week:
List of disclosed funding deals this week
Nazara Games: Mumbai-based mobile game developer company Nazara Games has raised $51 million from Asset management firm India Infoline Finance Ltd’s (IIFL) Special Opportunities Fund.
Graphic India: Bengaluru-based character entertainment firm Graphic India has raised $5 million in a round led by Liquid Comics LLC with participation from other investors.
Daily Ninja: Subscription-based hyperlocal delivery startup Daily Ninja has raised $1.5 million from Sequoia Capital. This is the maiden investment from Sequoia in micro-delivery segment.
CleanMax Solar: Mumbai-based CleanMax Solar has raised $15 million in equity capital from World Bank arm International Finance Corp.
Rummy Passion: Chandigarh-based online gaming company Rummy Passion has raised $3.75 million from London Stock Exchange-registered gaming firm Stride Gaming Plc.
Mobiefit: Mobile-centric fitness startup Mobiefit has raised $1.35 Mn in a Pre-Series A funding round led by NB Ventures. Existing investor MediAssist also participated in the round.
Stanza Living: New Delhi-based student accommodation startup Stanza Living has taken a leap to get funds from Matrix Partners and Accel Partners, who have invested $2 million in the company.
Chumbak: Bengaluru-based lifestyle retailer Chumbak Design has raised $13 million led by private equity firm Gaja Capital.
Smaaash Entertainment: Smaaash, a sports-based entertainment company co-owned by cricketer Sachin Tendulkar has raised $3.8 million from consumer companies-focused investment firm Sixth Sense Ventures.
Holachef: Mumbai-based Food delivery startup Holachef has raised $1.38 million funding through a mix of equity and debt. While Rs 2.94 crore came through a clutch of individual investors and corporate entities, venture debt firm Innoven Capital invested Rs 6 crore in the company
Undisclosed deal this week:
*Every week we round up startups that have received or announced fresh funding. Stay tuned for next funding weekly.
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