funding

Funding in Indian startups this week (05 Nov-10 Nov )

funding

This week only eight Indian startups received funding, of which four received a total sum of about $66 million. Among them, Meesho raised the highest investment of $50 million followed by Quantela, which raised about $10 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

Meesho: Shunwei Capital has led a $50 million Series C round in social commerce startup Meesho. The round was also participated by DST Partners and RPS Ventures,  SAIF Partners, Y Combinator, Venture Highway and Sequoia Capital.

Dunzo : Google-backed task management app Dunzo has raised about $1 million by issuing non-convertible debentures to venture debt firm Alteria Capital. This is Alteria’s sixth investment since its launch in last year.

Mobile Premier League: Digital gaming startup Mobile Premier League (MPL) has raised $5 million in its Series A round of funding led by Sequoia Capital.

Quantela: Smart city automation and AI solutions provier, raised $10m in equity funding.

Undisclosed deals this week

Hyderabad-based Startoon Labs, healthtech startup Healthcubed, meat retail chain Let’s Meat and edtech startup iChamp 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

funding

Funding in Indian startups this week (05 Nov-10 Nov )

Click edit button to change this text. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.Click edit button to change this text. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

Below is the bank details:

 
Amount: INR 3,19, 000 (After Adding 18% GST and Deducting 2% TDS)
Bank Name: ICICI Bank
Account Type: Current
Account Name: Bareback Media Private Limited
Account Number: 002105023595
IFSC Code: ICIC0000021
 
Kindly make the payment to confirm your seat for Unicorn trip 2.0. For any other queries/concern: pls drop a email on: [email protected]

Overcome FOMO
with our Daily Newsletter

X