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funding

Funding in Indian startups this week (29 June-04 July)

funding

This week 15 Indian startups raised funding, of which 11 received a total sum of about $46.7 million. Among them, Zetwerk raised the highest funding of about $21 million followed by Flinto, which raised $7.2 million.

Meanwhile, funding for 4 of the total funded startups remained undisclosed.

Below is the summary of deals closed this week

Flinto: Flinto, which focuses on activity-based learning for kids, has secured $7.2 million in a pre-Series B round led by its existing backer Lightbox Ventures.

Vedansh Pratap | Entrackr

BluSmart: Electric cab-hailing app BluSmart has raised around $5 million in its pre-Series A round from existing and new investors.

Mitron:  Short video app Mitron TV has raised $0.25 million from 3One4 Capital and Lets Venture Angel. Both investors have put in Rs 1 crore each in the Bengaluru-based venture.

Zetwerk: Business-to-business marketplace for custom manufacturing, Zetwerk, has secured  $21 million in a Series C funding round led by its existing backers, Greenoaks Capital and Accel Partners.

ChitMonks: Hyderabad-based fintech startup ChitMonks has raised $0.65 million in pre-Series A round from Unicorn India Ventures. The VC firm has made the second investment after SaScan from its second fund worth Rs 400 crore.

Gobbly: Gurugram-based contactless retail-tech startup, Gobbly, has raised $0.5 million in seed funding from Sauce.vc.

Paper Boat: Gurugram-based beverage and snack brand Paper Boat has raised $3.7 million from Sofina Ventures, A91 Emerging Fund I, SCI Growth Investment II and Catamaran Ventures.

Bulk MRO: Business-to-business (B2B) marketplace startup Bulk MRO, has raised $3.3 million in a debt funding round led by Stride Ventures.

Indus OS: Affle, a mobile commerce and marketing solutions provider, has infused $2.86 million in Indus OS for 8% stake.

Ken42: Bengaluru-based edtech startup, Ken42, has raised $1.4 million from Turbostart.

Inspektlabs: An AI-based inspection startup, Inspektlabs, has raised $0.6 million in a pre-Series A funding round led by venture firm Better Capital and Titan Capital.

Undisclosed deals this week

Forbidden Foods, Bold Care, Aerostrovilos, and Samosa Party did not disclose their financial details.

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

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