funding

Funding in Indian startups this week (11 Nov-16 Nov)

funding

This week 14 Indian startups raised funding, of which 11 received a total sum of about $30 million. Among them, SimSim raised the highest funding of $6 million followed by Ninjacart, which raised $4.2 million.

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

Below is the summary of deals closed this week:

SimSim: Delhi-based video commerce startup founded by former Paytm, Mckinsey and Foodpanda executives, has just raised $6 million Series A round led by Accel India and Shunwei Capital (via Astrent IV India).

VOGO: Dockless scooter rental startup VOGO has raised $1 million in an ongoing Series C round from Kalaari Capital Partners III.

Zypp: E-scooter micro-mobility startup Zypp has raised $2 million in a pre-Series A funding round led by IAN Fund, along with IAN members also participated.

Vedansh Pratap | Entrackr

Coolberg: Non-alcoholic beverage startup Coolberg has secured $3.5 million in a Series A funding round led by RB Investments and its existing investor India Quotient.

StyleCracker: US-based family office fund AMJ Ventures has invested $2 million in actress Alia Bhatt backed fashion-tech startup StyleCracker.

Sunstone Eduversity: Edtech startup Sunstone Eduversity has raised $1.6 million in its seed round led by Prime Venture Partners.

Ninjacart: Business-to-business agri-marketing platform Ninjacart has raised $4.17 million from venture debt firm Trifecta Capital.

Ekincare: Artificial intelligence-based healthcare startup Ekincare has raised $3.6 million in a Series A funding round.

CBREX: Global recruiter exchange platform CBREX has raised $1.1 million in a funding round from a group of undisclosed high net-worth individual investors.

Lido Learning: Mumbai based Edtech startup Lido learning has raised $3 million as part of a Series A funding round led by prominent investors like Ronnie Screwvala Ananth Narayanan, Vikrampati Singhania, amongst others.

SuperGaming: Gaming platform SuperGaming has raised $1.3 million in seed funding round from Dream Incubator and AET Fund. Better Capital also invested.

Undisclosed deals this week

AutoNxt Automation, Shipsy, and Niki.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

funding

Funding in Indian startups this week (11 Nov-16 Nov)

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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
 
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