Funding in Indian startups this week (08 Mar-13 Mar)

Funding in Indian startups this week (08 Mar-13 Mar)

This week 19 Indian startups raised investment, of which 16 obtained a complete sum of about $196 million. Among them, Icertis raised the best investment of about $80 million observed through Ecom Express, which raised around $40 million.

Meanwhile, investment for 3 of the overall funded startups remained undisclosed.

Below is the summary of agreements settled this week

Icertis: Software-as-a-provider startup Icertis has raised around $80 million as a part of its Series F spherical led through current investor B Capital Group.

Juicy Chemistry: Skin and personal care logo Juicy Chemistry has raised $6.3 million in its maiden institutional spherical led through Belgium-primarily based funding organization Verlinvest. Online splendour and personal care organization Purplle has additionally participated in the financing round.

Awfis: Co-operating space corporation Awfis has raised a new budget from current investors. Bisque Limited and Link Investment Trust have positioned $5.5 million in the Delhi-primarily based organization.

Ecom Express: Logistics and warehousing company Ecom Express has raised $40 million from Swiss non-public share corporation Partners Group and CDC Group.

Godwin: Esports platform Godwin Gaming has raised $22.4 million from Krafton, the developer of PUBG Mobile. This is the maiden funding through the South Korean company in India.

Turtlemint: Insurtech platform Turtlemint has closed its Series D round at $46 million with fresh funding from Singapore-primarily based Jungle Ventures. In November, the Mumbai-primarily based total agency raised $30 million in its Series D spherical led through GGV Capital.

Microgravity: Virtual- and augmented-fact gaming centre, Microgravity has raised $1.2 million in seed investment from family & friends.

Stage: Local OTT platform Stage has increased $0.43 million in an angel investment round led through Inflection Point Ventures. Paytm’s founder Vijay Shekhar Sharma additionally participated in the investment in his non-public function.

Captain Fresh: Business-to-business (B2B) business for seafood, Captain Fresh has raised $3 million in seed funding approximately co-led thru Matrix Partners India and Ankur Capital.

Jimmy’s Cocktails: Radiohead Brands, which makes Jimmy’s Cocktails mixers, has raised $0.82 million investment led through Vinay Agarwal, Keki Mistry and others.

Quizizz: Edtech startup Quizizz has raised $12.5 million in Series A investment led through Eight Roads Ventures alongside participation from GSV Ventures, Rocketship VC, Nexus Venture Partners and Prime Venture Partners.

Discovery: Insurtech startup Riskcovry has obtained $5 million in Series A investment, led through Omidyar Network India. Pune-primarily based assignment capital fund Pentathlon Ventures and Delhi-primarily based DMI Sparkle Fund has added most of the new investors.

4baseCare: Oncology era startup 4baseCare has raised $2 million in a pre-Series A round led through Mount Judi Ventures, grows Ventures, Season Two Ventures, First In Ventures, and some strategic angel investors.

Next: Cross-border virtual trade platform Nexprt has raised $0.2 million in investment from Titan Capital and different angel investors.

Propsmith: Real property startup Propsmith has raised $0.7 million in a seed investment spherical led through US-primarily based undertaking capital company Foxhog Ventures.

Essays: Delhi-primarily based pupil housing network Ezstays has raised $0.four million in a seed spherical from Richard Rekhy and different personal investors.

Undisclosed offers this week

Wysa, for example, and Yoro did now no longer reveal their financial details.

*Every week, we tune startups that have raised fresh funding. Stay tuned for subsequent week roundup

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