This week 14 Indian startups received funding, of which 10 received a total sum of about $148 million. Among them, Icertis raised the highest funding of $115 million followed by MyMoneyMantra which raised $15 million.
Meanwhile, funding for 4 of the total funded startups remained undisclosed.
Below is the summary of deals closed this week:
Icertis: Pune and Seattle-based enterprise contract management software provider Icertis has made entry into Unicorn club with latest $115 million Series E round from US-based venture capital firm Greycroft and PremjiInvest.
Grofers: Online grocery delivery firm Grofers has raised an additional $10 million in the existing round of funding from Abu Dhabi based Capital Investments.
Mobikwik: Digital payments platform Mobikwik has raised $1.26 million from New Delhi Television Ltd (NDTV) and Trifecta Capital.
Rentomojo: Furniture, electronics, and appliance-centric consumer leasing platform Rentomojo has scooped up an investment of $0.16 million from Renaud Laplanche, the co-founder and CEO of the debt refinancing company, Upgrade, Inc.
Rapido: Bike taxi platform Rapido has scooped up fresh funding of $0.21 million from Karina Choudhrie.
boAt: Consumer electronics startup boAt has raised $2.89 million in venture debt from Sachin Bansal-steered BAC Acquisitions.
Ninjacart: Bengaluru-based B2B agritech startup Ninjacart has raised an investment of $0.43 million from Clark Valberg, the founder of digital product design platform InVisionApp.
MyMoneyMantra: MyMoneyMantra has raised $15 million from Europe-based Vaalon Capital.
Procol: Blume Venture and Zerodha-backed Rainmatter Capital have invested $1 million in a seed funding round in Delhi-based procurement startup Procol.
Akiva Superfoods: Organic and health products startup Akiva Superfoods has raised $2 million in a Series A funding round led by Alkemi Venture Partners.
Undisclosed deals this week
Teabox, SARVA, Ambee, and Toch 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
