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.
