This week 16 Indian startups raised funding, of which 13 received a total sum of about $123 million. Among them, Spinny raised the highest funding of about $43.7 million followed by SMEcorner, which raised $30 million.
Meanwhile, funding for 3 of the total funded startups remained undisclosed.
Below is the summary of deals closed this week
Spinny: Full-stack pre-owned car retailing platform Spinny announced that it has raised $43.7 million in Series B funding round led by Nandan Nilekani and Sanjeev Aggarwal-backed The Fundamentum Partnership.
SMEcorner: SMEs-focused digital lending platform SMEcorner has raised $30 million in a mixed round of equity and debt led by private equity firm Paragon Partners.
Tricog: Artificial intelligence-based healthcare analytics startup Tricog has secured $10.5 million in a Series B round from The University of Tokyo Edge Capital, Aflac Ventures, TeamFund, and Dream Incubator. Existing investors- Inventus Capital and Blume Ventures also participated.
Innerchef: Cloud kitchen platform Innerchef has secured $1 million in a debt funding round from its existing investor- Japanese venture capital firm Mistletoe.
Chqbook: Gurugram-based fintech startup Chqbook has secured $6 million in a Series A round from Aavishkar Capital.
Strata: Tech-enabled commercial real estate investment platform Strata has secured $1.5 million in a seed funding round led by SAIF Partners and Mayfield India. PropStack and three undisclosed angel investors also participated in the round.
Saleskan: Bengaluru-based Saleskan has secured $8 million in a Series A funding round led by Sequoia Capital India. The investment round featured a secondary transaction with investors- Unitus Ventures and Michael and Susan Dell Foundation and was facilitated by Masterkey Holdings.
Arya: Agriculture technology startup Arya has secured $6 million in a pre-Series A round from Omnivore and existing investor LGT Lightstone Aspada.
Bounce: Scooter-sharing startup Bounce has secured $6.5 million in a debt funding round from InnoVen Capital.
Leap Finance: Fintech startup Leap Finance has secured $5.5 million in a funding round led by Sequoia India. Angel investors- Bhupinder Singh and Kunal Shah also participated.
Neeman: Hyderabad-based footwear startup Neeman has secured $1 million in a pre-Series A round led by Anicut Angel Fund. AngelList and a clutch of serial entrepreneurs also participated.
Flixstock: Fashion-focused image technology startup, Flixstock has raised $2.5 million funding led by Wavemaker Partners with participation from Seeds Capital.
Singularity Automation: Internet of things technology provider Singularity Automation has raised $1.18 million in pre-Series A round from IvyCap Ventures.
Undisclosed deals this week
Sleepy Owl, gogoBus, and Cross Border Kitchens not disclose their financial details on funding.
*Every week we track startups that have raised fresh investment. Stay tuned for next week funding roundup