funding

Funding in Indian startups this week (13 Jan-18 Jan)

funding

This week 18 Indian startups raised funding, of which 10 received a total sum of about $137 million. Among them, Zinier raised the highest funding of about $90 million followed by EpiFi, which raised $13.2 million.

Meanwhile, funding for 8 of the total funded startups remained undisclosed.

Below is the summary of deals closed this week

Ninjacart: Agritech Startup Ninjacart has secured $10 million in a Series C funding round led by Flipkart India and Singapore-based GEC3 along with participation from Minu Kataria.

Zinier: Field service automation startup Zinier has secured $90 million in a Series C round of funding led by investment firm ICONIQ Capital. Besides, the round also witnessed the participation of Tiger Global Management and existing investors, including Accel, Founders Fund, NGP Capital, Newfund Capital, and Qualcomm Ventures LLC.

Vedansh Pratap | Entrackr

Shuttl: Daily office commute transportation startup Shuttl has raised worth $8 million from SIG Global India Fund LLP.

EpiFi: Bengaluru-based neo banking startup EpiFi has secured $13.2 million in a seed round, a significantly high amount for a seed round.

ProEves: Childcare discovery and booking platform ProEves has secured $0.5 million in a seed round led by 1Crowd along with the participation of angel investors, including Japan Vyas, Swati Salgaocar, Lloyd Mathias, Apurva Chamaria and others.

Pando: Chennai-based logistics management software startup Pando has secured $9 million in a Series A round led by Chiratae Ventures. Next47, existing investor Nexus Venture Partners, and Alok Mittal also participated.

WYSH: Celebrity engagement and wishing platform WYSH has raised $2 million as part of its Series A round led by Kalaari Capital. Existing investors also participated in the round.

TechnifyBiz: Business-to-business food commodity marketplace TechnifyBiz has raised over $2 million in its seed round from Omnivore and Insitor Impact Asia Fund.

Klub: Financial technology startup Klub has raised $2 million in its pre-seed round led by Sequoia Capital India’s accelerator programme Surge.

ExtraaEdge: Edtech startup ExtraaEdge has raised $0.7 million in its pre-Series A round led by Bengaluru-based Sprout Venture Partners and the Indian Angel Network.

Undisclosed deals this week

Numocity, Toddle, Power Gummies, Zimyo, CricZone, FitPhilia, GoFloat, and Dealberg, 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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Funding in Indian startups this week (13 Jan-18 Jan)

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