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phi commerce

Funding in Indian startups this week (31 Dec-05 Jan)

phi commerce

This week only 6 Indian startups received funding, of which 3 received a total sum of about $133 million. Among them, CarDekho raised the highest funding of about $110 million followed by Vyome, which raised $22 million.

Meanwhile, funding for 3 of the total funded startups remained undisclosed.

Below is the summary of deals closed this week:

List of disclosed funding deals this week

CarDekho: New and used cars auto portal CarDekho has closed its Series C round at $110 million from Sequoia Capital’s global growth fund and existing investors – Hillhouse Capital, Capital G, and Axis Bank.

Manch: Vernacular knowledge sharing app Manch has raised $0.7 million in its seed round led by Stellaris Venture Partners. Co-founder of Udaan and former Flipkart executive Sujeet Kumar is also participating in the round

Vyome: Vyome Therapeutics has raised $22 million in Series D round of funding led by new investor Iron Pillar. Existing investors including Perceptive Advisors, Romulus Capital, and Kalaari Capital also participated in the round.

Undisclosed deals this week

Asteria Aerospace and NapNap and Healthtech Startup Abita 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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