[the_ad id="83613"]
Blusmart

Funding and acquisition in Indian startups this week [25 Apr-30 Apr]

Blusmart

This week 43 Indian startups raised funding of which 38 received a total of about $329.5 million. Turtlemint raised the highest funding of about $120 million, followed by Lenskart which raised $25 million. Last week, 37 homegrown startups raised funding worth about $564.44 million.   

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

Growth/late-stage deals 

This week, 11 growth and late-stage startups have scooped up funds which include Turtlemint’s $120 million round, Lenskart’s $25 million Series I round, and Truemeds’ $22 million round.

funding
Vedansh Pratap | Entrackr

 

Details of the 43 funding rounds can be found here.

Early-stage deals 

In the early-stage deals, 32 startups have raised funds which also include five undisclosed rounds. Fintech startup Zenda and content commerce startup DSLR Technologies were on top of the list with a $9.4 million round and $7 million respectively. The list also includes EV startup BGAUSS and vehicle marketplace Tractor Junction.

Undisclosed deals  

OneGreen, Sateeq, Zama Organics, WiJungle and Nexus Power did not disclose their financial details. 

City and segment-wise fundings 

This week Bengaluru was on top in terms of the number of startup deals and the amount raised by them. According to Fintrackr’s data, 17 Bengaluru-based startups have raised funds this week amounting to $51.05 million or 15.49% of the total funding. During the week, Delhi-NCR-based startups raised $45.87 million across 11 deals, followed by Mumbai, Jaipur and Indore with 8,2 and 1 deal respectively.

funding
Vedansh Pratap | Entrackr

D2C brands were the top segment in terms of the number of deals as startups in this space raised $56.06 across 4 deals. AI, fintech, foodtech and healthtech startups were next on the list. 

Acquisitions this week

The week four acquisitions. The list includes the acquisition of Corpository by CredAvenue, Globalise by Kristal.AI, Leap.is by Whatfix and Y-Cook by Dehaat.

acquistion
Vedansh Pratap | Entrackr

*Back next week with another deal roundup

About Author

Entrackr is a new age media platform for entrepreneurs, startups and technology enthusiast Read More >

©️ All rights reserved Bareback Media Pvt. Ltd.

Send Suggestions or Tips