Funding and acquisitions in Indian startups this week [14 Mar-19 Mar]

This week 21 Indian startups raised funding, of which 20 received a total of about $428.1 million. Licious raised the highest funding of about $150 million, followed by Amagi and Multiplier which raised $95 million and $60 million respectively. Last week, 32 homegrown startups raised funding worth about $1858.59 or $1.85 billion.

Meanwhile, the funding of one of the total funded startups remained undisclosed.

Growth/late-stage deals

This week, seven growth and late-stage startups have scooped up funds which include Licious’ $150 million extended Series F round, Amagi’s $95 million unicorn round and Multiplier’s $60 million Series B round.

Details of the 22 funding rounds can be found here.

Early-stage deals

In the early-stage deals, 14 startups have raised funds which also include 1 undisclosed round. Employee experience platform inFeedo was on top of the list with a $12 million Series A round. The list also includes F2P mobile game studio LILA Games, healthtech platform Curelink, EV startup Trouve Motor and supply chain startup ShipsKart.

Undisclosed deals

GPS Renewables 

City and segment-wise fundings

Bengaluru was once again on top in terms of the number of startup deals and the amount raised by them. According to Fintrackr’s data, 10 Bengaluru-based startups have raised funds this week amounting to $279.3 million or 65% of the total funding. During the week, Delhi-NCR based startups raised $132.3 million across 10 deals followed by Mumbai, Hyderabad and Ahmedabad with 1 deal each.

SaaS was the top segment in terms of the number of deals as 5 startups in this space raised $99.6 million. Healthtech and D2C brands were next on the list.

Acquisitions this week

The week saw four acquisitions. The acquisition of Karza by Perfios for about $80 million was only disclosed deals in the week. The list also includes the acquisition of Xpedize by Clear and IZealiant Technologies by Razorpay.

ESOP buybacks this week

Apart from fundraising and acquisitions, the week saw only one ESOP buyback announcement i.e. online real estate rental startup NoBroker which will buyback ESOP worth $4.2 million from its former and current employees. 

*Back next week with another deal roundup