33 Indian startups raised a total of $316 million this week out of the 36 that requested finance. The most successful campaign, Wakefit, received $40 million from the Series D investment. 16 domestic businesses received investments totalling about $273 million last week.
The three companies' sources of finance were kept undisclosed in the interim.
Growth/late-stage transactions
Six growth-stage or late-stage companies revealed their most recent fundraising efforts this week. The companies on the list include CropIn, The Whole Truth, Park+, LEAD, and Wakefit, which just raised $40 million. A large majority of these rounds began in late 2022.
|
Sl no. |
Start-up name |
Segment |
Amount raised in $Mn |
|
1 |
Wakefit |
Furnishing |
40 |
|
2 |
LEAD |
Marketing |
20 |
|
3 |
Park+ |
App |
17 |
|
4 |
The Whole Truth |
Food |
15 |
|
5 |
Crophln |
IT |
14 |
|
6 |
Work INDIA |
Job platform |
13 |
Early-stage transactions
Thirty businesses have raised capital in their early phases, three of which were conducted in secret. With an $18 million Series A investment, VilCart, a brand-new player in the e-commerce industry, topped the list. Additionally, firms offering instructional technologies, including Toddle, Athulya, Qritrive, and Actyv.ai are on the list.
|
Sl no. |
Start-up name |
Segment |
Amount raised in $Mn |
|
1 |
Vilcart |
Corporate |
18 |
|
2 |
Toddle |
Edu Tech |
17 |
|
3 |
Athulya |
FinCare |
9 |
|
4 |
Qritive |
Healthcare |
7 |
|
5 |
Actiyvai |
SaaS |
7 |
|
6. |
Peepul Tree |
Handcraft |
5 |
Unannounced transactions
Gytree, Badhaan, and Awaz concealed information regarding their financial situation.
Deals by city and segment
Bengaluru-based startups topped this week's funding list. According to Fintrackr figures, 25 companies in Bengaluru have raised $174 million this week, or 79.7% of the overall funding. Over the course of the week, there were two trades each in Pune, Mumbai, and Delhi NCR.
