Funding in Indian startups this week (22 Feb-27 Feb)


This week 15 Indian startups raised funding, of which 11 received a total sum of about $390 million. Among them, Zomato raised the highest funding of about $250 million followed by Infra.Market, 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

Zomato: Foodtech unicorn Zomato has raised $250 million led by Kora Management. Existing investor Fidelity Management, Tiger Global also participated in the round while Bow Wave Capital and Dragoneer Investment Group are new investors to join in.

Infra.Market: B2B infrastructure marketplace Infra.Market has raised $100 million in its Series C funding round led by Tiger Global with participation from other existing investors Accel.


MyShubhLife: Digital lending app MyShubhLife has raised $4 million in a funding round led by Singapore-based Patamar Capital with participation from some of its existing investors.

Hubilo: Virtual and hybrid events platform, Hubilo has raised $23.5 million in a Series A funding round led by Lightspeed Venture Partners and London-based Balderton Capital.

Kutuki: Online learning platform for pre-school students, Kutuki has raised $2.2 million in its seed funding round led by Omidyar Network India.

Arzooo: Bengaluru-based B2B retail-tech startup Arzooo has raised $6 million from venture debt fund Trifecta Capital.

Settlin: Bengaluru-based startup focused on buying and selling residential properties, Settlin has raised $0.41 million in an angel funding round from GSF Accelerator and ah! Ventures angel platform.

Couch Fashion: Business-to-business fashion-tech company, Couch Fashion has raised $0.15 million in a seed round from We Founder Circle.

Comofi Medtech: Healthcare-focused robotics startup, Comofi Medtech has raised $0.29 million in a round led by IIM-Ahmedabad incubator CIIE.CO.

Wurkr: Virtual workspaces provider Wurkr has raised over $1.4 million in a seed round led by Hindustan Media Ventures.

Argoid: Artificial intelligence (AI) enterprise startup Argoid has raised $1.7 million in a seed round led by YourNest Venture Capital.

Undisclosed deals this week

Raise Financial, Battery Smart, Hubhopper and Little Black Book 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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