Weekly Funding Roundup for November First Week

Weekly Funding Roundup for November First Week

This week, 24 Indian startups received funding, with 19 receiving a total of approximately $455.2 million. 

The top fundraisers were Icertis and Amagi, who raised $150 million and $100 million, respectively. 

Last week, 15 domestic startups raised $293.3 million in funding.

Growth/late-stage transactions

Seven growth-late-stage startups received funding this week. 

Icertis' $150 million round, Amagi, Cover Genius, and The Sleep Company are among those on the list.

Sr. No.

Startup Name

Segment

Amount Raised

(In $Mn)

Series

Lead Investor/s

Investors Participated

1

Amagi

SaaS technology provider

82

----

General Atlantic

-----

             

2

The Sleep Company

 

21.3

-----

Premji Investment

Alteria Capital,

Early-stage transactions

17 startups have raised funds in the early stages, including four undisclosed rounds. 

Hygenco, a green hydrogen startup, topped the list with a $25 million round. 

Solar tech startups SolarSquare, PayVEDA, Virigio, Decentro, and Trace, are also on the list.

Sr. No.

Startup Name

Segment

Amount Raised

(In $Mn)

Series

Lead Investor/s

Investors Participated

1

Hygenco

hydrogen company

25

----

Neev II Fund.

-----

             

2

SolarSquare

B2C rooftop solar startup

100 cr.

-----

Elevation Capital

Lowercarbon 

Unannounced transactions

Supply Port, A5G Networks, BattRE, Assert AI, and Yogic Secrets did not provide financial information.
Deals by city and segment

This week, Bengaluru-based startups led in both the number of startup deals and the amount raised. 

According to Fintrackr data, 9 Bengaluru-based startups raised $338.3 million this week, accounting for 75.99% of total funding. 

During the week, eight Delhi-NCR startups raised $68 million in funding.

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