Weekly Funding Roundup for November Second Week

Weekly Funding Roundup for November Second Week

This week, 26 Indian companies took in money, and 22 of them received a total of almost $216 million. Klove Dental and Keka, the two biggest fundraisers, brought in $67 million and $57 million, respectively. Last week, 24 domestic companies received loans totaling about $455.2 million.

Growth/late-stage transactions

This week, three growth-stage companies raised funding. Among the businesses on the list is the $67 million fundraising round for Clove Dental, Masaai School, and Iba Cosmetics. The cloud-based media SaaS technology startup Amagi formally announced its $100 million or more investment, even though it was initially mentioned in the round-up from the previous week.

SL. NO.

Start-up name

Segment 

Amount raised in $Mn

1

Clove dental

Health

65

2

Masai school

Edtech

10

3

Iba Cosmetics

e-commerce

10

Early-stage transactions

23 companies have raised capital in the early stages, including four secret rounds. Keka, an HR tech business, triumphed with a $57 million Series A fundraising. CureBay, SilverEdge, Supertails, Rivaara Labs, and the health tech start-up Even are on the list.

Sl. NO

Start-up name

Segment

Amount raised in $Mn

1

Keka

IT

55

2

Evan

Building

15

3

Silver Edge

E-commerce

12

Unannounced transactions

Kneady, CreditTech, QubeHealth, and Symbio Generics all concealed financial data.

Deals by city and segment

This week, Bengaluru-based businesses topped regarding the volume of startup deals and the amount of funding raised. According to Fintrackr data, 13 businesses in Bengaluru raised $44.33 million this week, or 20.56% of the total raise. Through four weekly transactions, startups in Delhi-NCR raised $82 million.

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