Funding and acquisitions in Indian startups this week [21-26 Nov]

This week, 26 Indian startups raised funding of which 22 received a total of about $236.3 million. Bira91 and HealthKart were the top fundraisers which scooped up $70 million and $66 million respectively. Last week, 32 homegrown startups raised funding worth about $335 million. 

Meanwhile, the details of four of the total funded startups remained undisclosed. 

Growth/late-stage deals 

This week, six growth and late stage startups raised funding including two undisclosed rounds. The list includes Bira’s $70 million round, HealthKart, Celebal Technologies, and Koo among others. 

Details of the 26 funding rounds can be found here.

Early-stage deals 

In the early-stage, 20 startups have raised funds including two undisclosed rounds. Healthtech startup Sukoon was on top of the list with a $10 million Series A round. The list also includes fintech startup Indiagold, ProcMart, ReshaMandi, RedBrick AI, and RapidBox among others.

Undisclosed deals    

Push Sports, Ultraviolette Automotive,  Udaan,  and Beanly did not disclose their financial details.   

City and segment-wise deals    

This week, Delhi-NCR-based startups were on top in terms of the number of startup deals and the amount raised by them. According to Fintrackr’s data, 10 Bengaluru-based startups have raised funds this week amounting to $172.2 million or 72.89% of the total funding. During the week, Bengaluru-based startups raised $24.2 million across nine deals. 

The complete breakdown of deals across cities and segments in the first half can be seen below: 

D2C brands were the top segment in terms of the number of deals as startups in this space raised $75.1 million across four deals. Healthtech, EV, SaaS, fintech, and edtech startups were next on the list. 

Acquisitions

Apart from fundraising, the week also saw two acquisitions. The list includes the acquisition of edtech startup Crio by  Skill-Lync and Streamwise by Amagi.

Fund launch

This week also saw three fund launches. The list includes Kae Capital’s $94 million fund launch, Transition VC’s $50 million, and Yatra Angel Network’s $11 million.

*Back next week with another deal roundup