This week 16 Indian startups received funding, of which 9 received a total sum of about $194 million. Among them, Zomato raised the highest funding of about $62.25 million followed by Grofers, which raised $60 million.
Meanwhile, funding for 7 of the total funded startups remained undisclosed.
Below is the summary of deals closed this week:
Zomato: Delivery Hero has led $62.25 million in Zomato. Shunwei Capital and Saturn Shine also participated in the round.
Ola Electric Mobility: A subsidiary of ANI technologies Ola Electric Mobility has picked up $56 million in its first round of external funding led by early backers of Ola – Tiger Global, Matrix Partners, and Sarin Family India LLC.
Grofers: Online grocery platform Grofers has raised $60 million fresh funds in Series F round from SoftBank Vision Group. The investment appears to be a part of $120-140 million round.
Proklean: Chennai-based cleantech startup Proklean has raised about $0.24 million in fresh funding round from GSR Travel and Retail Ventures and Sanjeev Bikhchandani – founder and executive vice chairman of Info Edge.
Fingerlix: Foodtech major Swiggy has invested $4.4 million in Series C round in ready-to-cook food startup Fingerlix.
HomeLane: Online home interiors and renovation startup Homelane has raised $4.56 million in a bridge round led by existing investors JSW Ventures, Accel Partners and Sequoia Capital.
NIRAMAI: AI-based healthtech startup NIRAMAI has raised $6 million in a Series A round of funding led by Dream Incubator with participation from BEENEXT and other investors.
Bulbul App: Hyderabad-based early childhood app, Bulbul has raised $0.5 million in a fresh round of funding from Xseed Partners, Operator VC, Anblicks and Infolob.
CloudSEK: SaaS-based information security risk management solutions, CloudSEK has raised $0.49 million in a fresh funding round from IDFC Parampara Early Stage Opportunities Fund.
Undisclosed deals this week
Men’s grooming startup The Man Company, IoT and hardware-driven startup Nymble Labs, HomeCapital, Aidia Technovations, nCore Games, MovingNow and Artivatic.ai 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
