This week only 9 Indian startups received funding, of which 5 received a total sum of about $94.7 million. Among them, Zomato raised the highest funding of about $40 million followed by Rivigo, which raised $35.6 million.
Meanwhile, funding for 4 of the total funded startups remained undisclosed.
List of disclosed funding deals this week
Vidooly: Video analytics startup Vidooly has scooped up $2.1 million in a fresh round led by Alibaba and existing investor Times Internet Limited. While the Chinese e-commerce giant has infused Rs 14.37 crore, TIL invested the rest in what appears to be a part of the larger round.
Rivigo: Surface logistics startup Rivigo has scooped up around $35.6 million in a fresh funding round led by existing investors Warburg Pincus and SAIF Partners. While Warburg pumped in Rs 150 crore, SAIF Partners invested the rest amount in the Gurugram-based company.
Zomato: Soon after Swiggy, Zomato has picked up around $40 million fund from US-based investor Glade Brook Capital Partners. This is a part of the earlier round that the company raked in November led by Alibaba payments affiliate Alipay.
Ola: The second most valued Indian startup Ola has raised another $16 million in its ongoing Series J round. The fresh funding round was participated by nine investors including J3T Ventures, HBM Investment, Petite Pond, Omar O Raucci, Lyon Assets Inc, Steven Price and Tina Price and THC Ventures 12.
Gifskey: Vernacular content platform Gifskey has raised $1 million from Kstart, the seed fund of Kalaari Capital. Whiteboard Capital, WEH Ventures, AngelList and Touchstone Equities also participated.
Undisclosed deals this week
Furniture rental and home appliances platform Guarented, AI startup edgetensor, intelligent fleet management and predictive analytics platform Fleetx.io, and RENT IT BAE 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
