This week 47 Indian startups raised funding, of which 44 received a total of about $1,495 million or $1.49 billion. Cars24 topped the week by raising $400 million, followed by Razorpay and OfBusiness which raised $375 million and $325 million respectively.
Meanwhile, the funding of the three of the total funded startups remained undisclosed.
Below is the summary of the deals closed this week
Growth/late startups (10 deals)
Cars24: E-commerce platform for pre-owned vehicles Cars24 has raked in $400 million in its Series G round led by Alpha Wave Global (formerly Falcon Edge Capital) along with participation from other existing investors. The round includes a cumulative debt funding of $100 million from investors across India, Australia, and the UAE.
