This week 14 Indian startups raised funding, of which 12 received a total sum of about $287 million. Among them, Byju’s raised the highest funding of about $200 million followed by WayCool, which raised $32 million.
Meanwhile, funding for 2 of the total funded startups remained undisclosed.
Below is the summary of deals closed this week
WayCool: Agritech startup WayCool Foods has secured $32 million in an equity and debt funding round led by LightBox Ventures. Dutch development bank FMO and existing investor LGT Lightstone Aspada also participated in the round.
Byju’s: Edtech unicorn Byju’s has raised about $200 million from existing investors General Atlantic.
Dot: Payments platform Dot has secured $7.8 million in a Series A funding round led by PayU Fintech Investments and Ruizheng Investments at a valuation of around $20 million. InfoEdge Ventures and angel investors Kunal Bahl, Rohit Bansal, Amrish Rau, Vikrant Batra, Sachin Singhal, and Rekha Jain also participated in the round.
Fleetx.io: Fleet management and predictive analytics platform Fleetx.io has received $2.8 million ~ Rs 21 crore as part of its Series A round led by Singapore-based venture capital firm Beenext alongside existing investor India Quotient.
Embibe: Online education portal Embibe has secured about $12.6 million as part of share capital from its existing shareholder, Reliance Industries Limited.
Rebel Foods: Cloud-kitchen brand Rebel Foods has secured $4.9 million in a venture debt funding round led by Alteria Capital.
SuperMoney: Mumbai-based fintech platform SuperMoney has raised $1 million in a pre-Series A round of funding from Unitus Ventures.
Entri: Local language learning app Entri has secured $1.4 million in a seed funding round led by Good Capital along with some US and China-based investors.
Kuku FM: Online audio platform Kuku FM has raised $5.5 million in its Series A funding round led by Vertex Ventures. Existing investors Shunwei Capital, India Quotient and 3one4 Capital also participated in the round.
1mg: Healthtech startup and e-pharmacy 1mg, has raised around $10 million from the Bill & Melinda Gates Foundation.
WorkIndia: Xiaomi has invested ~$6 million in WorkIndia — an online and mobile-based platform that connects companies with blue collar employees.
Qyuki: Multi-channel broadcast network Qyuki Digital Media has secured $3.5 million from Info Edge Venture Fund (IEVF).
Undisclosed deals this week
Frog Cycle and RACEnergy 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