This week 37 Indian startups raised funding of which 30 received a total of about $564.44 million. CoinDCX raised the highest funding of about $135 million, followed by which raised $120 million. Last week, 37 homegrown startups raised funding worth about $806.21 million.
Meanwhile, the funding of six of the total funded startups remained undisclosed.
This week, 10 growth and late-stage startups have scooped up funds which include CoinDCX’s $135 million round, Rario’s $120 million Series A round, and VideoVerse’s $46.8 million round. B2B e-commerce platform Udaan did not disclose its deal size.
Details of the 37 funding rounds can be found here.
In the early-stage deals, 27 startups have raised funds which also include six undisclosed rounds. Cricket NFT startup Rario and fintech startup Recur Club were on top of the list with a $120 million round and $30 million respectively. The list also includes SaaS startup Everstage and content creator platform Rigi.
City and segment-wise fundings
This week Delhi-NCR and Bengaluru were on top in terms of the number of startup deals and the amount raised by them. According to Fintrackr’s data, 11 Delhi-NCR-based startups have raised funds this week amounting to $188.3 million or $33.36% of the total funding. During the week, Bengaluru-based startups raised $155.45 million across 11 deals, followed by Mumbai, Pune and Chennai with 6,3 and 2 deals respectively.
Fintech and SaaS startups were the top segment in terms of the number of deals as startups in this space raised $80.32 million and $61 million respectively across 5 deals each. Crypto, B2B e-commerce, Foodtech and D2C brands were next on the list.
Acquisitions this week
The week two acquisitions. The list includes the acquisition of GlowRoad by Amazon and TribeVibe by BookMyShow.
*Back next week with another deal roundup