Weekly Funding Roundup For November Fourth Week

Weekly Funding Roundup For November Fourth Week

This week, 26 Indian companies took in money, and 22 of them received a total of almost $236.3 million. Bira91 and HealthKart, the two biggest fundraisers, brought in $70 million and $66 million, respectively. Last week, 32 domestic companies received finance totalling about $335 million.

However, the names of four businesses that got funding were withheld.

Growth/late-stage transactions

This week saw six growth and late-stage companies raise capital, including two unexpected deals. Koo, HealthKart, Celebal Technologies, and Bira's $70 million round are among the items on the list.

Sl no.

Start-up name

Segment

Amount raised in $Mn

1

BIRA91

bevarages

70

2

Health cart

Health

65

3

Celebal Technologies

Tech

35

4

Koo

Social media

7

Early-stage transactions

Twenty startups have raised money in the early stages, including two rounds that were kept secret. Sukoon, a health tech business, came out on top with a $10 million Series A financing. Additionally on the list are the fintech firm India gold, ProcMart, ReshaMandi, RedBrick AI, and RapidBox.

Sl no.

Start-up name

Segment

Amount raised in $Mn

1

Sukoon

Insurance

15

2

India gold

Loan

10

3

Procmart

B2B

10

Unannounced transactions

Udaan, Push Sports, Ultraviolette Automotive, and Beanly withheld financial information.

Deals by city and segment

This week, startups in the Delhi-NCR region dominated in terms of both the quantity and value of startup agreements. 10 firms in Bengaluru have raised financing this week, totalling $172.2 million, or 72.89% of the total funding, according to Fintrackr statistics. Startups in Bengaluru raised $24.2 million over the course of the week through nine deals.

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