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


This week 21 Indian startups raised funding, of which 15 received a total sum of about $352 million. Among them, Zomato raised the highest funding of about $195 million followed by XpressBees, which raised $110 million.

Meanwhile, funding for 6 of the total funded startups remained undisclosed.

Below is the summary of deals closed this week

XpressBees: E-commerce focused end-to-end supply chain solutions provider XpressBees has secured $110 million in its Series E funding round from Investcorp, Northwest Venture Partners, and Gaja Capital.

Shruti Gupta | Entrackr

Zomato: Foodtech major Zomato has raised $195 million in funding from six investors including Luxor, Kora and Steadview.

Furlenco: Subscription-based online rental furniture platform Furlenco has raised $7.16 million in fresh debt financing from four investors.

Slice: Fintech platform Slice has raised $5.2 million in debt funding from multiple financial institutions including Vivriti Capital, Northern Arc Capital and InCred Financial Services.

FrontRow: Learning and community platform FrontRow has raised $3.2 million in a seed round led by Lightspeed Venture Partners, Elevation Capital and actress Deepika Padukone.

BitClass: Product as a Service startup BitClass has raised $2 million in seed funding led by Venture Highway along with participation from AET Japan, Figure Eight Investments, and Waterbridge Ventures.

Citymall: Social e-commerce startup Citymall has raised $3 million in funding led by Elevation Capital, along with participation from Waterbridge Ventures, and others.

Uolo: Communication platform for schools Uolo has raised $2.7 million in pre-Series A round led by Omidyar Network India and Blume Ventures.

Kirana King: Jaipur based grocery retail aggregator Kirana King has raised $0.95 million from Rajasthan Venture Capital Fund (RVCF) in a pre-Series A round.

Rapawalk: Bengaluru based online footwear brand Rapawalk has raised $0.3 million in a seed round led by Inflection Point Ventures.

GoNuts: Celebrity-fan engagement platform GoNuts has raised $0.5 million in its seed round led by Sweta Rau, Archana Priyadarshini.

Wellness Forever: Adar Poonawalla-led consortium of HNI investors have invested $17.5 million in Mumbai-based retail pharmacy chain Wellness Forever.

Klovechef: Culinary experience-focused platform Klovechef has raised $1 million in a pre-Series A funding round led by Venture Catalysts.

InFeedo: People analytics-focused software-as-a-service company InFeedo has raised $3.2 million in a round led by Bling Capital.

Clientjoy: Client lifecycle software-as-a-service firm Clientjoy has raised $0.8 million in a pre-Series A round from GVFL Ltd.

Undisclosed deals this week

Instamojo, iKure, Oga Fit, OKIE Gaming, Brewhouse Tea and Shilps 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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