Weekly Funding Report For January Second Week

Weekly Funding Report For January Second Week

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.

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