This week 12 Indian startups raised funding, of which 8 received a total sum of about $345 million. Among them, Glance raised the highest funding of about $145 million followed by Dailyhunt, which raised around $100 million.
Meanwhile, funding for 4 of the total funded startups remained undisclosed.
Below is the summary of deals closed this week
boAt: Consumer electronics startup boAt has raised Rs 440 crore or $60 million in its Series B round from Cayman Islands-based South Lake Investment Limited.
CoinDCX: India’s cryptocurrency exchange CoinDCX has raised Rs 100 crore or $13.9 million in its Series B round led by Block.one. DG, Jump Capital, Uncorrelated Ventures, Coinbase Ventures, Polychain Capital, Mehta Ventures and Alex Pack also participated in the financing round.
Glance: Search giant Google has led a $145 million round in InMobi’s mobile-first content platform Glance. Existing investor Mithril Capital also participated in fresh financing.
Dailyhunt: Local language news aggregator Dailyhunt has raised around $100 million in a fresh round from Google, Microsoft and Falcon Edge’s Alpha Wave Incubation. The Bengaluru-based company’s existing backers Sofina Group and Lupa Systems also participated in the round.
Slurrp: Health snack maker Slurrp Farm has raised $2 million from multi-stage venture fund Fireside Ventures, in its Series A funding round.
Skuad: Digital payroll platform for remote-working teams, Skuad has raised $4 million in seed funding from BEENEXT, Anthemis Group and others.
TaxBuddy: TaxBuddy has raised $1 million in an early-stage fundraise from Zenith Global, a United Arab Emirates-based fund.
RapiPay: Fintech platform RapiPay has raised $9 million in its Series A funding round from several investors.
Undisclosed deals this week
Pine Labs, Medfin, EWar and Voosh did not disclose their financial details.
*Every week we track startups that have raised fresh investment. Stay tuned for next week roundup
