fund

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

fund

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.

funding
Vedansh Pratap | Entrackr

 

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.

Vedansh Pratap | Entrackr

 

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.

acquisition
Vedansh Pratap | Entrackr

 

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

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