[the_ad id="83613"]

Funding and acquisitions in Indian startups this week [28 Nov-03 Dec]


This week, 29 Indian startups raised funding of which 25 received a total of about $233.2 million. KreditBee and DeHaat were the top fundraisers which scooped up $80 million and $60 million respectively. Last week, 26 homegrown startups raised funding worth about $236.3 million.  

Meanwhile, the funding details of four startups remained undisclosed. 

Growth/late-stage deals 

This week, five growth-late or stage startups raised funding. The list includes KreditBee’s $80 million round, Sunways India, DeHaat, Aye Finance, and Dunzo. 


Details of the 29 funding rounds can be found here.

Early-stage deals 

In the early-stage, 24 startups have raised funds including four undisclosed rounds. SaaS startup Prismforce was on top of the list with a $13.6 million Series A round. The list also includes proptech startup Blox, Flash, Covvalent, Vetic and CBREX among others.

Undisclosed deals    

SpeakIn, WriteSome, Zomoz, and Hunar Online Courses did not disclose their financial details.   

City and segment-wise deals    

This week, Bengaluru-based startups were on top in terms of the number of startup deals and the amount raised by them. According to Fintrackr’s data, 15 Bengaluru-based startups have raised funds this week amounting to $117 million or 49.9% of the total funding. During the week, Delhi-NCR-based startups raised $82.4 million across seven deals. 

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


Edtech startups were the top segment in terms of the number of deals as startups in this space raised $1.2 million across three deals. Fintech, proptech, D2C brands, gaming, and agritech startups were next on the list. 


Apart from fundraising, the week also saw four acquisitions. The list includes the acquisition of industrial manufacturer Unimacts by Zetwerk, Nutan Aviation by EaseMyTrip, Upakarma Ayurveda by Mankind Pharma, and Roamsoft by IppoPay. 


*Back next week with another deal roundup

Send Suggestions or Tips