This week 19 startups received funding, out of which 14 were disclosed, who in total made a sum of about $127 million. Among them, Rivigo raised the highest investment of $50 million, followed by Appario Retail which raised $18.8 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
NiYO: Bengaluru-based NiYO, a meal voucher, and employee benefits solutions provider, has raised $13.2 million in a Series A round from investors, including Social Capital, JS Capital Llc, Horizon Ventures and Prime Venture Partners India.
Lendingkart: Ahmedabad-based Lendingkart Finances, a digital lending arm of Lendingkart Group has raised $4.7 million (Rs 30 crore) in non-convertible debentures (NCDs) from a Dutch development bank.
Bikxie: Delhi-NCR-based bike taxi service start-up Bikxie has raised an investment of around $0.31 million (Rs 2 crore) from GEMs Partners and Sachin Khandelwal, ex-Honda Cars and ICICI Bank Vehicle Loans Head in a fresh round of investment.
Rivigo: Surface transport logistics major Rivigo has raised $50 million Series D round led by SAIF Partners. Existing investor Warburg Pincus also participated in the round.
WeWork India: The Indian arm of New York-headquartered coworking startup WeWork has raised $15.6 million from its joint venture partner realty firm Embassy Group.
Orb Energy: Bengaluru-based solar energy systems company Orb Energy has raised $15 million in a part-equity and part-debt round. The funding round saw participation from the Dutch development bank FMO and others.
Kinsane: Kinsane Entertainment, a startup aimed at creating digital entertainment for children, has raised $2.5 million from angel investors.
IndianMoney: Financial awareness and education company IndianMoney has raised $3 million (about Rs 19 crore) in a series-A round of funding.
Tapzo: Bangalore-based personal assistant platform Tapzo, has raised about $1.93 million (Rs 12.32 crore) in a fresh round of funding from existing investors.
Kuants: Gurugram-based algorithmic trading platform Kuants has raised $0.08 million (Rs 50 lakh) from Delhi-based angel investors Pankaj Chopra and Ankush Gupta.
Appario Retail: A joint venture between Amazon and Patni Group, Appario has raised $18.8 Mn (Rs 120 Cr) funding from parent Frontizo Business Services.
ToneTag: Bengaluru-based mobile payments technology platform ToneTag has raised $1.33 million (Rs 8.5 crore) in a fresh round of funding.
Simulanis: Delhi-headquartered virtual reality startup Simulanis has raised $0.5 million in a pre-Series A round from Education Catalyst Fund.
Workflexi.in: Bengaluru-based online marketplace for contract workforce Workflexi.in, has secured $0.15 million (Rs 1 crore) in its seed round of funding.
Undisclosed deal this week:
Ayurvedic healthcare beverages startup KivaShots, Online grocery store Satvacart, Sports nutrition startup Daaki, Mumbai-based Moneytor, and Bengaluru-based SalesPro 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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