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


This week 13 Indian startups raised funding, of which 8 received a total sum of about $119 million. Among them, NoBroker raised the highest funding of about $30million followed by FarEye which raised close to $25 million.

Meanwhile, funding for 5 of the total funded startups remained undisclosed.

Below is the summary of deals closed this week

Dailyhunt: News aggregator Dailyhunt has raised around $24 million from existing investors Bytedance, Falcon Edge, Goldman Sachs and Advent Management.

NoBroker: Online real estate rental startup NoBroker has raised around $30 million or Rs 216.13 crore in a fresh round led by General Atlantic.

Vedansh Pratap | Entrackr

Box8: Full stack foodtech platform Box8  has raised fresh funds to the tune of $4 million from IIFL Seed Ventures Fund and Menlo park based Mayfield Fund in a mixed round of equity and debt.

FarEye: Logistics management software FarEye has secured $25 million in a Series D round led by Microsoft’s venture fund M12. Eight Roads Ventures, Honeywell Ventures, and existing investor- SAIF Partners also participated in it.

Setu: Financial infrastructure startup Setu, Lightspeed Venture Partners has led $14.56 million Series A round in a year-old venture.

Wellthy Therapeutics: Digital therapeutic company, Wellthy Therapeutics, has secured $4.2 million in a pre-Series A ffuround from early-stage venture capital firm Saama Capital.

Capital Float: NBFC Capital Float has raised $15 million from existing investors Ribbit Capital, SAIF Partners, Sequoia Capital India and Amazon.

Aavenir: SaaS-based source-to-pay solutions provider, Aavenir, has raised $2 million from venture capital firm Accel.

Undisclosed deals this week

Digital media publisher The Morning Context, location analytics startup Locale.ai, CreditEnable, BLive, and Power Gummies did not disclose their financial details on funding.

*Every week we track startups that have raised fresh investment. Stay tuned for next week roundup

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