funding

Funding in Indian startups this week (30 March-04 April)

funding

This week 13 Indian startups raised funding, of which 11 received a total sum of about $122 million. Among them, MedGenome raised the highest funding of about $55 million followed by JusPay, which raised $21.6 million.

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

Below is the summary of deals closed this week

MedGenome: Genomics research firm MedGenome has secured $55 million in an equity funding round led by LeapFrog Investments along with existing investors – Sequoia Capital and Sofina also participated.

Nykaa: Omnichannel lifestyle retailer Nykaa has raised $13.1 million from its existing investor Steadview Capital as a primary investment.

Vedansh Pratap | Entrackr

JusPay: Bengaluru-based payments technology firm, JusPay has raised $21.6 million in its Series B round led by Sweden’s Vostok Emerging Finance (VEF).

Camp K12: Gurugram-based education technology startup Camp K12 has secured $4 million in a seed funding round led by Matrix Partners and SAIF Partners.

Lido Learning: Mumbai-based edtech platform Lido Learning has raised $3 million in a funding round from Rocket Internet founder Alex Samwer-backed Picus Capital and Paytm President Madhur Deora, among others.

Mera Cashier: Noida-based fintech startup Mera Cashier has bagged $0.15 in a bridge round from a group of investors including Sukhbir Singh, Boudhik Ventures, Shankar Nath, and Shaurya Garg.

Kitchens Centre: Cloud kitchen platform Kitchens Centre has raised $0.5 million in a seed round led by AngelList India.

Fingpay: Last-mile banking services platform Fingpay has raised $3.5 million from IvyCap Ventures as part of its Series A round.

Recko: Financial technology startup Recko has raised $6 million in its Series A funding round led by Vertex Ventures SEA. Existing investor Prime Venture Partners also participated.

Furlenco: Online furniture rental startup Furlenco has raised $10 million in equity plus debt funding round.

Ergos: Avishkaar Capital has invested $5 million more in its existing portfolio firm Ergos as part of Series A round.

Undisclosed deals this week

Healthcare startup Zealthy and Samadhan 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

Funding in Indian startups this week (30 March-04 April)

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