This week, 37 Indian startups raised funding, of which 31 received a total of about $600.38 million. CRED and PhysicsWallah were the top fundraisers which scooped up $140 million and $100 million respectively. Last week, 33 homegrown startups raised funding worth about $525.81 million.
Meanwhile, the funding of six of the total funded startups remained undisclosed.
This week, 7 growth and late-stage startups have scooped up funds which include CRED’s $140 million round and PhysicsWallah’s $100 million unicorn round. Fintech startups Flexiloans and Kissht, re-commerce platform Cashify and online beauty brand Purplle were also in the list.
Details of the 37 funding rounds can be found here.
In the early-stage deals, 30 startups have raised funds which also include six undisclosed rounds. Short news platform Way2News was on top of the list with a $16.75 million Series A round. The list also includes B2B content marketplace Pepper Content and fintech startup Jiraaf.
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, 14 Bengaluru-based startups have raised funds this week amounting to $173.27 million or 28.71 % of the total funding. During the week, Delhi-NCR and Mumbai-based startups raised $184.83 million and $225.43 million across 9 and 8 deals respectively.
Fintech startups were the top segment in terms of the number of deals as startups in this space raised $329.39 million across 8 deals. Edtech, , D2C, AI, SaaS and e-commerce startups were next on the list.
Acquisitions this week
Apart from more than three dozen fundraisings, the week also saw two notable acquisitions. The list includes the acquisition of healthtech startup Lybrate by Pristyn Care and ezeDox by BetterPlace.
*Back next week with another deal roundup