This week 12 Indian startups received funding, of which eight received a total sum of about $261 million. Among them, Zomato raised the highest investment of $210 million followed by Blackbuck, which raised $27.3 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
Zomato: Foodtech platform Zomato has raised $210 million from Alibaba’s payments affiliate Alipay.
LetsTransport: Logistics startup LetsTransport has bagged a funding of $12 million in Series B round led by Fosun RZ Capital.
Innov8: Co-working space provider Innov8 has raised $4 million in pre-Series A round led by Credence Family Office. The Delhi-based startup’s existing investors also participated in the round.
Betterhalf.ai: Online dating startup Betterhalf.ai has raised a seed funding of $0.5 million from former Google India managing director Shailesh Rao, former Flipkart investment director Vinay Subramanian, FirstPenguin Capital’s Rehan A Khan.
GoZefo: Used goods marketplace GoZefo has raised around $3 million led by New York-based FJ Labs. Existing investors of the Bengaluru-based startup such as Sequoia Capital and Helion Venture Partners also participated in the round.
Blackbuck: Online logistics solution provider Blackbuck has raised $27.3 million in a fresh round from new investor Sequoia Capital with the participation of existing investors such as Accel Partners and Sand Capitals.
Truebil: Mumbai-based online marketplace for pre-owned cars Truebil has raised close to $1 million from Kalaari Capital.
Elawoman: Data-driven fertility service platform Elawoman has raised $3 Mn in a Series A funding round, led by Chiratae Ventures (formerly IDG Ventures India).
Undisclosed deals this week
Lending startup RevFin, Agri-tech company Sattvaponics, Organic products company Suminter India Organics, and Bookmybai 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