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Funding in Indian startups this week (30 Dec-04 Jan)


This week only 7 Indian startups raised funding, of which 6 received a total sum of about $29 million. Among them, GoMechanic raised the highest funding of about $14.7 million followed by XpressBees, which raised $10 million.

Meanwhile, funding for 1 of the total funded startups remained undisclosed.

Below is the summary of deals closed this week:

XpressBees: E-commerce focused end-to-end supply chain solutions provider XpressBees has raised $10 million from existing investor Alibaba as part of its Series D round.

GoMechanic: Automobile repair and service solutions startup GoMechanic has secured $14.7 million in a Series B funding round led by Chiratae Ventures and Sequoia Capital.

Vedansh Pratap | Entrackr

WealthBucket: Mutual fund investments platform WealthBucket has secured $3 million in a funding round from NorthStar, angel investor Vinod Khatumal and other HNIs.

Fashor: Online women apparel brand Fashor has raised $ 1 million in a pre-Series A funding round led by Sprout Venture Partners along with IP Ventures, Venture Catalysts, and other HNI’s also participated.

SuperSurfaces: Interior design startup SuperSurfaces has raised $0.5 million in an angel funding round from US-based investor Vishnu Reddy.

Quicko: Startup-focused tax filing platform Quicko has raised $0.28 million in seed funding from Rainmatter Capital.

Undisclosed deals this week

FarmERP did not disclose its 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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