Weekly Funding Report For January Second Week

Jan 17, 2023

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.