This week 37 Indian startups raised funding, of which 32 received a total of about $806.21 million. Rapido raised the highest funding of about $180 million, followed by Isprava and Observe.AI which raised $130 million and $125 million respectively. Last week, 27 homegrown startups raised funding worth about $955.14 million.
Meanwhile, the funding of five of the total funded startups remained undisclosed.
Growth/late-stage deals
This week, 10 growth and late-stage startups have scooped up funds which include Rapido’s $180 million round, Isprava’s $130 million round, and Observe.ai’s $125 million round.
Details of the 37 funding rounds can be found here.
Early-stage deals
In the early-stage deals, 27 startups have raised funds which also include five undisclosed rounds. SaaS startup Last9 and HR tech startup Mesh was on top of the list with a $11 million round each. The list also includes SaaS startup Securden, Web 3.0 startup EPNS and AI platform YOURKRAFT.
Undisclosed deals
pinBox, Weldiwale, PaySprint, Jobsgaar, and Tealfeed 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, 20 Bengaluru-based startups have raised funds this week amounting to $525.82 million or $65.22% of the total funding. During the week, Delhi-NCR-based startups raised $114.55 million across 7 deals, followed by Mumbai and Pune’s 5 deals each. Jaipur and Chennai recorded 1 deal each.
SaaS and fintech startups were the top segment in terms of the number of deals as 7 startups in this space raised $178.82 million and $30.2 million respectively. Healthtech, edtech and D2C brands were next on the list.
Acquisitions this week
The week three acquisitions. The list includes the acquisition of Mosambee by Pine Labs, Colabo by Uniphore and LazyCo by Ultrahuman.
*Back next week with another deal roundup
