funding

Funding in Indian startups this week (25 Mar-30 Mar)

funding

This week 19 Indian startups received funding, of which 15 received a total sum of about $222 million. Among them, Bigbasket raised the highest funding of about $150 million followed by Box8 which raised about $15 million.

Meanwhile, funding for 4 of the total funded startups remained undisclosed.

Below is the summary of deals closed this week:

Box8: Foodtech platform Box8 has announced $15 Mn Series C round led by Chinese fund – eWTP Ecosystem Fund. Existing investors Mayfield and IIFL Seed Ventures fund have also participated in the financing round.

Bonito: Interior designing brand Bonito Designs has raised $6.3 million in its Pre-Series A round of funding led by Tomorrow Capital.

Bigbasket: Online grocery platform Bigbasket has finally entered the league of Unicorn startups with latest $150 million Series F round from Alibaba, UK Government-owned CDC Group and South Korea’s Mirae Asset Global investment. The financing round valued e-grocer over a little over $1.2 billion.

Zetwerk: Business-to-business platform for custom manufacturing – Zetwerk – has raised $9 million in a Series A round from Accel Partners while existing investors Sequoia Capital and Kae Capital also participated.

Oxfordcaps: Student housing startup Oxfordcaps has raised $8 million in Series A round led by Times Internet. Existing investors Kalaari Capital and 500 Startups also participated in the financing round.

Bulbul: Live commerce app Bulbul has raised around $2 million from Sequoia’s investment arm 10XF and Leo Capital. Sequoia India Trust, Garg and Raju contributed a few lakhs each in Bulbul. The seed round is expected to get closed at $5 million.

Vogo and Bounce: Flipkart’s co-founder Sachin Bansal is now backing scooter rental platforms Vogo and Bounce. Bansal has reportedly made about $3-4 million debt investment in each firm.

New Street Technologies: Bengaluru-based fintech startup, New Street Technologies raised $2 Mn in Series A funding led by Unitus Ventures.

Stanza Living: Student housing startup Stanza Living raised $4.4 Mn in venture debt from Alteria Capital.

Furlenco: Bengaluru-based online furniture rental platform Furlenco has raised around $5.8 million in Series C round from Lightbox Ventures, Crescent Enterprises and others.

Zivame: Bengaluru-based online lingerie retailer Zivame raised $1.4 million from Allana Investment and Trading Company in extended Series C round.

Gaming Monk: Delhi-based gaming and esports platform GamingMonk has raised $0.1 million in strategic investment from Japanese gaming media company GameWith.

BharatPe: Unified Payments Interface-based transactions at retail merchant outlets BharatPe has raised $5.5 million from US-based fund Insight Venture Partners.

Shuttl: Bus shuttle service startup Shuttl has raised $7.2 million from Sequoia, Lightspeed and Times Internet.

Undisclosed deals this week

iChamp, e-Shiksa, Doubtbox, and VenueLook 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 (25 Mar-30 Mar)

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 3,00,000 + GST (TDS to be deducted 2%)
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 2.1. For any other queries/concern: pls drop a email on: [email protected] or [email protected]
X