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Funding in Indian startups this week (29 Mar-03 Apr)

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This week 19 Indian startups raised funding, of which 16 received a total sum of about $714 million. Among them, Byju’s raised the highest funding of about $460 million in a secondary round followed by Uniphore, which raised around $140 million.

Meanwhile, funding for 3 of the total funded startups remained undisclosed.

Below is the summary of deals closed this week

Byju’s: Edtech leader Byju’s has raised Rs 3,328.23 crore or close to $460 million in its ongoing Series F round led by MC Global Edtech Investment Holdings LP.

Uniphore Technologies:  Conversational Service Automation startup Uniphore has raised $140 million in Series D funding led by Palo Alto-based Sorenson Capital Partners.

Chingari: Short video entertainment app Chingari on Thursday announced a Rs 94.25 crore or $13 million financing round led by OnMobile. Significantly, this round saw the entry of Bollywood star Salman Khan in the Bengaluru-based firm’s cap table.

funding

StashFin: Neobanking startup StashFin has raised $40 million in a Series B equity round led by a clutch of global investors including Altara Ventures and Uncorrelated Ventures.

Waycool: Agritech startup Waycool has raised Rs 145 crore or close to $20 million in a fresh round from existing backers Lightstone, Lightbox Ventures and Netherland-based FMO Development Bank.

HealthPlix: Health-tech startup HealthPlix Technologies has raised $13.5 million as part of its ongoing Series B funding led by Lightspeed, with participation from existing investors JSW Ventures, Kalaari and Chiratae.

Easebuzz: Easebuzz, which offers APIs to companies for payments services, has raised $4 million or Rs 28.6 crore in its seed round led by 8i ventures, Varanium capital and Guild Capital.

Animall: Animall – a managed marketplace for cattle trading – has scored $2 million in a fresh round led by Rocketship VC. This is the fourth funding round for the Bengaluru-based platform in the last 12 months.

Dunzo: Hyperlocal delivery startup Dunzo has raised an additional Rs 58 crore or $8 million in its ongoing Series E round. This is the second funding tranche for the company in 2021.

DusMinute: DusMinute, a startup offering supermarket, pharmacy and home services to residents of gated communities, has raised $1.1 million in pre-Series A funding led by Indian Angel Network (IAN).

Circus Social: Social media analytics and big data SaaS startup Circus Social has raised $1 million in a pre-Series A round led by Inflection Point Ventures and angel investors based in the US, Singapore, and India.

GetWork: Gurugram-based edtech and HR-tech platform GetWork on Wednesday announced that it has raised $0.3 million in a seed funding round led by Artha Venture Fund (AVF).

Uable: Online life-skills development platform for children Uable has raised $3.5 million in pre-series A round led by JAFCO Asia and Chiratae Ventures.

Zoko: Tech platform Zoko has raised $1.4 million in seed funding from Y Combinator and marquee angel investors Ryan Hoover via the Weekend Fund and 021 Capital Fund.

Zeda.io: Tech startup Zeda.io has raised $0.45 million in a pre-seed round from Whiteboard Capital, Paradigm Shift Capital, Firstcheque.vc, and several angel investors.

IndoHealth: Indian pharmaceutical major Cipla has invested up to $5.5 million in digital health firm IndoHealth.

Undisclosed deals this week

Onsurity, Settlrs and Brainwired 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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