This week, 29 Indian startups raised funding, of which 24 received a total of about $138 million. Niyo and AppViewX were the top fundraisers which scooped up $30 million and $20 million respectively. Last week, 33 homegrown startups raised funds worth about $461 million.
Meanwhile, the details of five of the total funded startups remained undisclosed.
This week, two growth stage startups have raised their new round which include Niyo’s $30 million round and SaaS startup AppViewX’s $20 million Series B round.
Details of the 29 funding rounds can be found here.
In the early-stage deals, 27 startups have raised funds which also include five undisclosed rounds. Healthtech startup Eka Care was on top of the list with a $15 million Series A round. The list also includes drone startup EndureAir Systems and healthtech startup Fitterfly.
City and segment-wise deals
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, 16 Bengaluru-based startups have raised funds this week amounting to $100.66 million or 73.12% of the total funding. During the week, Delhi-NCR-based startups raised $10.75 million across 4 deals.
The complete breakdown of deals across cities and segments in the first half can be seen below:
SaaS startups were the top segment in terms of the number of deals as startups in this space raised $21.1 million across 4 deals. Fintech, edtech, D2C brands, agritech, healthtech, and food tech startups were next on the list.
Mergers and Acquisitions this week
Apart from the fundraisings, the week also saw a few acquisitions. The list includes the acquisition of edtech platform Harappa Education by upGrad, Omuni by Shiprocket, Syntizen by M2P Fintech and Flinkhub by Hesa.
*Back next week with another deal roundup