Funding and acquisitions in Indian startups this week [04-09 Sep]

This week, 19 Indian startups raised about $234 million. Ather Energy alone raised $110 million. Last week, 13 Indian startups raised about $52 million

Meanwhile, the details of three startups remained undisclosed. 

Details of the 19 funding round can be found here.

Growth-stage deals

This week, four growth-stage startups raised funding. The list includes Ather Energy ‘s $110 million round, Certa’s $35 million and Captain Fresh’s  $20 million Series C round.

Early-stage deals 

Out of the total, 15 early-stage startups have raised funds, including three undisclosed rounds. Decentralized exchange Brine Fi was on the top with its $16.5 million round. The list also features Atomicwork, Flipspaces and altM among others.

City and segment-wise deals    

This week, Bengaluru-based startups dominated the funding chart. According to Fintrackr’s data, 11 Bengaluru-based startups raised funds this week amounting to $201.2 million or 86% of the total funding. Delhi NCR and Mumbai-based startups were next on the list.

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

E-commerce (including D2C brands) startups were on top in terms of the number of deals followed by designing and EV.


This week also saw three mergers and acquisitions. The list includes the acquisition of Firangipani by GOAT Brand Labs, Ed-a-Mamma by Reliance Retail arm and Pikkol by Hybrid Shifting.  

Fund launches 

Apart from fundraising, this week also saw four fund launches. The list counts Pentathlon Ventures, Soonicorn Ventures, Unicorn India Ventures and Anicut Capital. 

*Back next week with another deal roundup

Send Suggestions or Tips