Funding in Indian startups this week (05 Aug-10 Aug)


This week 11 Indian startups raised funding, of which 8 received a total sum of about $125 million. Among them, GoWork raised the highest funding of $53 million followed byAwfis which raised $30 million.

Meanwhile, funding for 3 of the total funded startups remained undisclosed.

Below is the summary of deals closed this week:

Awfis: Co-working space provider Awfis has reportedly raised $30 million in Series D funding round led by ChrysCapital. Venture capital firm Sequoia Capital India and The Three Sisters Institutional Office also participated in the round.

GoWork: Gurugram-based co-working startup GoWork has raised $53 million from asset management firm BlackRock and CSLA capital partners in a debt funding round.

Rooter: Sports engagement platform Rooter has raised $0.49 million from leAD Sports Accelerator Program in what appears to be part of Series A round.

Gramophone: Agritech startup Gramophone has raised $3.38 million from Info Edge, Raveen Sastry, Asha Impact and Better Capital in Series A round.

Lendingkart: Digital lending platform Lendingkart has bagged another equity round of $30 million led by existing investors – Fullerton Financial Holdings, Bertelsmann India and India Quotient.

BalleBaazi: Online gaming platform BalleBaazi has scooped up $4 million from two private equity funds based out of Singapore and Delhi in Series A funding round.

Dailyhunt: News and content app Dailyhunt has raised $2.89 million from Cayman-based Stonebridge Offshore LP. The tranche seems to be a part of the ongoing Series F round.

CynLr: Robotics startup CynLr has raised $0.77 million in a seed funding round led by deep tech VC investors Speciale Invest and Arali Ventures. Grow Ventures, CIIE Initiatives and Dr. Vijay Kedia also participated in the round.

Undisclosed deals this week

Zeleno, Cosmeto Food, and Playtoome 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

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