Weekly Funding Roundup For November Third Week

Weekly Funding Roundup For November Third Week

This week, 32 Indian businesses raised capital, and 25 of them collectively garnered almost $335 million. Lentra and Contentstack, the two biggest fundraisers, brought in $60 million and $80 million, respectively. Last week, 26 domestic companies raised over $216 million through fundraising.

Seven of the businesses that received funds overall hid their funding sources.

Growth/late-stage transactions

Eight growth-stage firms raised money this week. The $80 million funding round for Contentstack, Lentra, and Simplilearn are among others on the list.

Sl no.

Start-up name

Segment

Amount raised in $Mn

1

Content stack

Marketing

80

2

Lentra

Health

60

3

SImplelearn

Edutech

45

4

Lenskart

e-commerce

40

5

Beat o 

Health

35

Early-stage transactions

Eight growth-stage firms raised money this week. The $80 million funding round for Contentstack, Lentra, and Simplilearn are among others on the list.

Sl. No.

Start-up name

Segment

Amount raised in $Mn

1

Goodera

Volunteering

10

2

Corrit electric

Electric

8.5

3

Charge up

EV

7

4

Ready assist

Towing service

5

FastJobs.io, Khelomore Dear Goodfellows, Deepsight AI Labs, Yellow, Fixigo, and Yellow all withheld financial information.

Unannounced transactions

Bengaluru-based companies dominated this week's rankings for both the volume of money raised and the number of start-up agreements.

Deals by city and segment

According to Fintrackr figures, nine companies in Bengaluru raised $338.3 million this week, or 75.99% of the total capital.

In Delhi-NCR, eight businesses raised $68 million in funding over the course of the week.

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