funding

Funding in Indian startups this week (09 Mar-14 Mar)

funding

This week 10 Indian startups raised funding, of which 8 received a total sum of about $22 million. Among them, MultiLiving raised the highest funding of about $6 million followed by FamPay, which raised $4.7 million.

Meanwhile, funding for 2 of the total funded startups remained undisclosed.

Below is the summary of deals closed this week

MultiLiving: Mumbai-based real estate platform MultiLiving has secured $6 million in a funding round from Lodha Ventures along with launching its operations in Mumbai.

FamPay: Family-friendly digital payment app FamPay has secured $4.7 million in a seed funding round from Y-Combinator, Sequoia India, and Global Founders Capital.

Vedansh Pratap | Entrackr

Ola Electric: Ola Electric Mobility has received $1 million from the family trust of Pawan Munjal, Chairman of Hero MotoCorp.

Airmeet: Bengaluru-based online events hosting platform Airmeet has raised $3 million in a pre-Series A funding round led by Accel India. Venture Highway, Global Founders Capital, Cloud Capital, Better Capital, 100x Entrepreneur Fund, and Sequoia Scout also participated.

Lal10: B2B artisan startup Lal10 has secured a $1.1 million funding round led by Sorenson Impact along with Amit Ranjan, Mekin Maheshwari, and Pravin Gandhi among others also participated.

KarbonCard: Bengaluru-based fintech startup KarbonCard has raised $2 million from Kunal Shah, Amrish Rau and Jitendra Gupta.

UnboxRobotics: Automation tech platform UnboxRobotics has raised $0.5 million in seed funding round led by Arali Ventures and CIIE.CO.

Shop101: Social commerce startup Shop101 has raised $3.8 million from existing investors.

Undisclosed deals this week

OM Bhakti and Anaxee 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 (09 Mar-14 Mar)

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