[the_ad id="83613"]
funding

Funding in Indian startups this week (15 Feb-20 Feb)

funding

This week 27 Indian startups raised funding, of which 21 received a total sum of about $195 million. Among them, KreditBee raised the highest funding of about $75 million followed by Shiprocket, which raised around $27 million.

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

Below is the summary of deals closed this week

KreditBee: Digital lending startup KreditBee has raised its Series C round worth $75 million from Premji Invest, Mirae Asset Naver Asia Growth Fund, Alpine Capital and Arkam Ventures consisting of both primary and secondary investment.

Fingerlix: After a gap of eight months, ready-to-cook food brand Fingerlix has raised another tranche in its Series C round, raising around $2.7 million from Swiggy and some other investors.

Happily Unmarried: Happily Unmarried, which sells men grooming products online under the brand name of Ustraa, has raised $2.7 million in its Series H round.

Vedansh Pratap | Entrackr

Leverage Edu: College admissions platform Leverage Edu has raised $6.5 million in Series A financing, led by early-stage investment firm Tomorrow Capital and participation from existing investors Blume Ventures and DSG Consumer Partners.

Vogo: On-demand two-wheeler rental service Vogo has raised $11.5 million from existing investors Lightrock, Kalaari, Matrix Partners and Stellaris Venture Partners.

Shiprocket: Logistics aggregator Shiprocket has raised $27 million in a mix of primary and secondary capital as part of its new funding round led by Tribe Capital and March Capital.

Zolve: TaxiForSure co-founder, Raghunandan G.’s neo banking platform Zolve, has raised $15 million in its seed funding round led by Accel and Lightspeed Venture Partners.

1Kosmos: Cybersecurity startup 1Kosmos said it has raised $15 million from ForgePoint Capital, a venture investor for early-stage cybersecurity companies.

Zomentum: MSP sales platform Zomentum has raised $13 million in Series A funding from Elevation Capital, Accel, and Greenoaks Capital, along with participation from Eight Roads Ventures.

Eupheus Learning: Business-to-business education technology company, Eupheus Learning has raised $4.1 million in Series B funding led by Kuwait-based United Education Company (UEC)

Pencil: Content publishing platform Pencil has raised $1 million in a pre-Series A round led by US-based venture capital fund SOSV, with participation from Inflection Point Ventures (IPV).

UptimeAI: Artificial intelligence startup UptimeAI has raised $1.5 million in seed funding from YourNest Venture Capital and other angel investors.

ICS Career GPS: Online career guidance accessible and affordable for students and young professionals, ICS Career GPS has raised $0.4 million in an angel funding round.

eBikeGo: Amritsar-based EV logistics platform eBikeGo on Thursday said it has raised $1.5 million in pre-Series A round from a group of overseas and Indian investors.

Express Stores: Gurugram-based branded omni-channel chain of kiranas, Express Stores has raised a seed funding of $1.1 million. The round was led by early-stage venture capital firm Venture Highway.

Pariksha: Pune-based edtech startup Pariksha has raised $2 million in pre-Series A round led by Bharat Inclusion Seed Fund, along with LetsVenture Plus, 9Unicorns, and Innercircle.

MediBuddy: Digital healthcare platform MediBuddy has raised $3.2 million debt fund from venture debt firm InnoVen Capital.

WizKlub: Bengaluru-based edtech startup WizKlub has raised a pre-Series A funding of $0.82 million.

Marquee Equity: Delhi-based SaaS platform, connecting startups to investors, Marquee Equity has raised $3.8 million from Capital One, SignalFire, Arrowroot Capital, TTV Capital, Costanoa VC, Raptor Group, and HWVP.

Solavio Labs: Clean-technology startup focused on the solar panel cleaning industry, Solavio Labs has raised $0.05 million from Canadian province New Brunswick.

Lilac InsightS: Specialised diagnostics company Lilac InsightS has received fresh funding of $6.88 million from Rajiv Dadlani, Rockstud Capital, and others.

Undisclosed deals this week

BridgeLabz, Onelife, Aisle, SnackAmorKalamint and HappyPlus did not disclose their financial details.

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

Send Suggestions or Tips

funding

Funding in Indian startups this week (15 Feb-20 Feb)

Click edit button to change this text. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.Click edit button to change this text. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

Below is the bank details:

 
Amount: INR 3,00,000 + GST (TDS to be deducted 2%)
Bank Name: ICICI Bank
Account Type: Current
Account Name: Bareback Media Private Limited
Account Number: 002105023595
IFSC Code: ICIC0000021
 
Kindly make the payment to confirm your seat for Unicorn trip 3.0. For any other queries/concern: pls drop a email on: [email protected] or [email protected]
X