Weekly Funding Report For December First Week

Dec 9, 2022

This week, 29 Indian companies received finance, 25 of which received a total of around $233.2 million. KreditBee and DeHaat, the top two fundraisers, each raised $80 million and $60 million. Last week, 26 domestic companies raised about $236.3 million in cash.

Four companies' funding origins were kept a secret in the interim.

Growth/late-stage transactions

This week, five growth-stage or late-stage businesses raised capital. The $80 million fundraising round for Dunzo, KreditBee, Sunways India, DeHaat, Aye Finance, and Sunways India are a few of them.

Sl no.	Start-up name	Segment	Amount raised in $Mn
1	Kreditbee	Loan	80
2	Dehaat	Networking	60
3	Sun ways India	Pharma	15
4	Aye Finance	Finance	10
5	Dunzo	Delivery	7

Early-stage transactions

24 companies raised capital in the early phases, including four secret rounds. SaaS company Prismforce took first place with a $13.6 million Series A financing. Along with them, Blox, Flash, Covvalent, Vetic, and CBREX are startups in the real estate technology space.

Sl no.	Start-up name	Segment	Amount raised in $Mn
1	Prismforce	SaaS service	13
2	Blox	Real estate	12
3	Flash	electronics	6
4	Covvalent	IT	5
5	Vetic	Tech	4

Unannounced transactions

SpeakIn, WriteSome, Zomoz, and Hunar should have provided pricing information for their online courses.

Deals by city and segment

Bengaluru-based companies led this week in both the number of startup deals and the amount of money raised. 15 businesses in Bengaluru raised $117 million this week, or 49.9% of the overall fundraising, according to Fintrackr statistics. Startups in Delhi-NCR raised $82.4 million over the course of the week through seven transactions.