funding

Funding in Indian startups this week (07 Jan-12 Jan)

funding

This week 14 Indian startups received funding, of which 11 received a total sum of about $234 million. Among them, Ola raised the highest funding of about $74 million followed by Vantage Health, which raised $50 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

Grexter: Bengaluru-based co-living startup Grexter has raised $1.5 million in pre-Series A round led by integrated incubator and angel network Venture Catalysts.

Scripbox: Online mutual fund investment platform Scripbox has raised $21 million Series C round led by existing investor Accel Partners.

Faasos: Internet kitchen brand Faasos has received $4.2 million debt fund from Alteria Capital through secured, redeemable non-convertible debentures.

Eruditus: Mumbai-based edtech startup Eruditus that offers executive education programmes, has raised $40 million in Series C round led by Sequoia Capital.

Ola: Homegrown ride-hailing company Ola has raised $73.97 million in a fresh round led by existing investor Steadview Capital.

Vantage Health: Healthtech startup Vantage Health has raised $50 million in its first fundraising round led by Cayman Islands-based fund IQGEN Holdings LLC.

Innerchef: Cloud kitchen platform Innerchef has raked in $6.5 million in pre-Series B round led by Taizo Son’s Mistletoe Inc, Das Capital, Saha Capital, M&S Partners, and Brand Capital.

Flipspaces: Virtual Reality- enabled interior design and build brand – Flipspaces has raised $3.5 million risk capital from Carpediem Capital.

ZoloStays: Bengaluru-based co-living and home rental startup ZoloStays has raised $30 million in its Series B round led by existing investors Nexus Venture Partners and IDFC Alternatives.

Digiperform: Delhi-based edtech startup Digiperform which offers courses on digital marketing through centres, has raised $3.6 million from HT Media.

In-Med: Pune-based startup, In-Med Prognostics has received a Biotechnology Ignition Grant of $0.07 million from the Biotechnology Industry Research Assistance Council (BIRAC).

Undisclosed deals this week

Digital credit solutions provider ePayLater, women’s workwear brand Ombre Lane , fintech startup Cashcow 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 (07 Jan-12 Jan)

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