Funding and acquisitions in Indian startups this week [26-31 Dec]


This week, 14 Indian startups raised funding of which 12 received a total of about $192 million. Money View was the top fundraiser which scooped up $75 million. Last week, 25 homegrown startups raised funding worth about $481.1 million.  

Meanwhile, the funding details of two startups remained undisclosed. 

Growth/late-stage deals 

This week, six growth or late-stage startups raised funding. The list includes Money View’s $75 million round along with WeWork, Eduvanz, The Whole Truth, and Ecozen among others.


Details of the 14 funding rounds can be found here.

Early-stage deals 

In the early-stage, eight startups have raised funds including two undisclosed rounds. Social media startup Bolo Live was on top of the list with a $5.6 million Series A round. The list also includes fintech firm Jupiter, Hair Originals, SaveIN, and Medify among others.

Undisclosed deals    

Perpetuity and BioVeda did not disclose their financial details.   

City and segment-wise deals    

This week, Mumbai-based startups were on top in terms of the number of deals. According to Fintrackr’s data, 5 Mumbai-based startups have raised funds this week amounting to $34.2 million or 17.84% of the total funding. During the week, Bengaluru-based startups raised $140.2 million across 4 deals. 

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

Fintech startups were the top segment in terms of the number of deals as startups in this space raised $79 million across four deals. Agritech, foodtech, co-working, and edtech startups were next on the list. 

*Back next week with another deal roundup

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