This week 16 startups received funding, of which 12 received a total sum of about $34 million. Among them, TravelTriangle raised the highest investment of $12 million, followed by Loadshare, which raised about $5 million.
Meanwhile, funding for four of the total funded startups remained undisclosed.
Below is the summary of deals closed this week:
List of disclosed funding deals this week
Kaleidofin: Fintech startup Kaleidofin, which provides tailored provides financial solutions for the informal sector, has raised about $2.8 million in a seed round led by Omidyar Network.
Pipa Bella: Consumer-focused venture fund Fireside Ventures has led a $1 million funding round in fashion accessories e-tailer Pipa Bella.
Aye Finance: Micro, small and medium enterprises (MSMEs) lender Aye Finance has raised $4.6 million in debt funding from existing investor BlueOrchard Finance.
Ideal Insurance: Insurance management startup Ideal Insurance Brokers has raised $1 million seed funding from incubation platform Venture Catalysts.
Chariot: IoT startup Chariot has raised $0.3 million from GEMs partners in a Pre-Series-A funding round.
Mojro: Intracity logistics startup Mojro, has raised $0.6 million investment led by 1Crowd and its investor community.
TravelTriangle: Holiday travel marketplace TravelTriangle has raised $12 million in Series C round led by Nandan Nilekani and Sanjeev Aggarwal founded mid-stage fund Fundamentum.
YumLane: Food startup YumLane has raised $4 million in Series A round of funding led by Singapore-based family office RB Investments.
Loadshare: Tech-enabled logistics startup Loadshare has raised $5 million funds in its Series A round led by early-stage fund Stellaris Venture Partners.
LetsMD: Investment firm SRI Capital has put in $1 million in New Delhi-based healthcare-focused fintech startup LetsMD.
Smartivity: Edtech startup Smartivity has raised $0.05 million from S Chand & Company Ltd.
Mintifi: Mumbai-based online lending startup Mintifi has raised $2 million in a seed round from impact investment firm Lok Capital.
Undisclosed deals this week:
Chakr Innovation–a pollution control device making startup has raised undisclosed funds in a pre-Series-A round from IDFC-Parampara Fund and Globevestor Funds.
Loanzen: Peer to peer business loan marketplace startup Loanzen, has raised an undisclosed amount of sum from Kae Capital.
*Every week we track startups that have raised fresh investment. Stay tuned for next week funding roundup.