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Funding in Indian startups this week (24 Sep-29 Sep)


This week 10 Indian startups received funding, of which eight received a total sum of about $1097 million. Among them, Oyo raised the highest investment of $1 billion.

Meanwhile, funding for two of the total funded startups remained undisclosed.

Below is the summary of deals closed this week:

List of disclosed funding deals this week

Licious: Fresh meat and seafood brand Licious has raised $25 million in a Series C round led by Bertelsmann India, Vertex Ventures along with UCLA. Existing investors Mayfield India, 3one4 Capital, Sistema Asia Fund and InnoVen Capital also participated in the round.

Stanza Living: Student accommodation startup Stanza Living has raked in $10 million in its Series A round led by Sequoia Capital with the participation of existing investors Matrix Partners and Accel Partners.

Oyo: India’s hotel chain Oyo has raised $1 billion round fund from existing investors including SoftBank Vision Fund, Sequoia Capital and Lightspeed Venture Partners.

Sequretek: Cybersecurity startup Sequretek has raised $3.7 million in a bridge round led by existing investor Unicorn India Ventures. The round also saw participation of GVFL and Sharad Sanghi, MD & CEO, Netmagic.

Goals101: Fintech and big data analytics startup, Goals101 has raised $3.5 million in pre-Series A round from Nexus Venture Partners.

Bounce: Scooter sharing platform Bounce, previously Metro Bikes, has raised debt funding of $3 million led by the debt financing firm InnoVen Capital.

PharmEasy: Healthcare aggregator PharmEasy said on Wednesday that it has raised $50 million in a Series C round led by Eight Roads Ventures India.

Sensehawk: Infrastructure intelligence platform Sensehawk has raised $2 million in a Series A round led by venture capital and growth equity investment firm SAIF Partners.

Undisclosed deals this week

Strom Motors and social networking app Spoofin did not disclose their financial details on funding.

*Every week we track startups that have raised fresh investment. Stay tuned for next week funding roundup

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