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Funding in Indian startups this week (14-19 Dec)

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This week 21 Indian startups raised funding, of which 17 received a total sum of about $299 million. Among them, Zenoti raised the highest funding of about $160 million followed by LeadSquared, which raised around $32 million.

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

Below is the summary of deals closed this week

PagarBook: Staff management app PagarBook has raised $15 million in its Series A funding round led by existing investors Sequoia Capital. The round also saw participation from India Quotient.

Shruti Gupta | Entrackr

Wakefit.co: Sleep and home solutions startup Wakefit.co has raised $25.31 million in its Series B round of funding led by Verlinvest and Sequoia Capital India.

Shiprocket: Logistics aggregator for D2C sellers Shiprocket has raised $7.5 million more in its Series C round from March Capital and existing backer Tribe Capital LLC.

Hashnode: Developer blogging community Hashnode has raised $2.1 million in a funding round led by Sequoia Capital India’s Surge.

Arya: Agritech startup Arya has raised $21 million in a mix of equity and debt in its Series B round. Quona Capital led the equity round in participation with existing investors LGT Lightstone Aspada and Omnivore.

Delhivery: Logistics unicorn Delhivery has scooped up $25 million through a secondary transaction from alternative asset management firm Steadview Capital. Steadview has bought shares from an early investor in the Gurugram-based company.

LeadSquared: Sales automation platform LeadSquared has raised $32 million in Series B round led by private equity firm Gaja Capital. Existing investors Stakeboat Capital and Silicon Valley-based entrepreneur Jyoti Bansal also participated in it.

Bira 91: After raising a $20 million bridge round from existing investors Sequoia Capital and Sofina, Bira 91 has raised $1.26 million from a clutch of angels including Pankaj Chaddah, Shikha Sunil Chandak and Nishant Mittal.

Cover It Up: Chennai-based pop-culture merchandise startup Cover It Up has raised $0.47 million in seed funding.

FoodyBuddy: Rebel Foods has picked up a 14% stake in hyperlocal food networking firm FoodyBuddy with an investment of $0.67 million.

Oliva: Venture debt fund BlackSoil has invested $1.3 million from its new alternative investment fund Blacksoil India Credit Fund in dermatology clinics chain Oliva.

Zenoti: Cloud software provider to the beauty and wellness industry, Zenoti has raised $160 million in Series D round led by US-based private equity firm Advent International, along with participation from existing investors Tiger Global and Steadview Partners.

Countingwell: Ed-tech startup Countingwell has raised a pre-series A funding round of $1 million from investors like Delhi Private School, UAE  and other angel investors.

Pickrr: Logistics company Pickrr has raised $4 million in a round led by Guild Capital and Omidyar Network India.

LOGIQ: Artificial intelligence-based observability platform LOGIQ has raised $1.8 million in a seed funding round led by Leo Capital.

Callify.ai: Smart calling platform that focusses on working professionals, Callify.ai has raised $0.56 million in a seed funding round led by angel investment firm Malpani Ventures.

BiteSpeed: Gurugram-based conversational commerce platform BiteSpeed has raised $0.27 million in a seed funding round led by Whiteboard Capital.

Undisclosed deals this week

Fleeca, Hudle, OnlineSales.ai and Spice Money 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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