Venture capital investments continue to show an upward trend
Venture capital investment in the Indian startup ecosystem continued its upward trend during the third week of September. Indian startups have attracted an investment of over $ 500 million with two platforms Apna and Mobile Premier League joining the coveted Unicorn Club. No less than 24 startups have raised $ 425 million in funding compared to last week’s $ 315 million fundraiser.
Here is the weekly roundtable of Indian startups for the third week of September (September 13-September 18).
Jobs platform Apna has secured approximately $ 100 million (approximately Rs 734.7 crore) in funding led by Tiger Global.
Startup FinTech Pine laboratories raised $ 100 million from the Invesco Developing Markets Fund.
Esports The Mobile Premier League (MPL) platform raised new funds in a fundraising round led by Legatum Capital at a pre-currency valuation of $ 2.3 billion.
Technological platform for the management of the workforce Best place raised $ 24 million in Series C funding led by CX Partners and Jungle Venture.
Gurugram-based retail tech startup Gobbly raised Rs 7.2 crore in the pre-Series A series run by Anicut Angel Fund and Sauce.VC.
Startup Edtech Eupheus Learning has raised Rs 73.5 crore with Series C funding from private equity platform Lightrock India.
Anar, a B2B business networking platform, has raised $ 6.2 million (around Rs 45.6 crore) in a funding round co-led by Elevation Capital and Accel India.
Blue collar jobs platform Vahan raised $ 8 million (around Rs 59 crore) in a funding round led by existing investor Khosla Ventures.
Awon GameZ, a mobile app-based online gaming platform, raised $ 2 million in its family office round.
Healthcare tech startup HexaHealth secured US $ 4.5 million funding round led by Omidyar Network India and Chiratae Ventures
Pune-based fintech start-up 4Fin raised $ 1.1 million in a pre-seed round.
Jaipur-based edtech startup tinker raised Rs 6.5 crore from Navneet Tech Ventures – a subsidiary of Navneet Education Ltd.
Fintech platform Paytail raised $ 1.5 million from Cholamandalam and other angel investors.
Healthcare tech startup Medpho pocketed $ 1 million in a funding round led by Cygnus Medicare Group and other angel investors.
NaughtyGud, a D2C food brand, raised $ 340,000 under the leadership of Titan Capital and angel investors.
D2C online brand Flat heads raised $ 1 million in pre-series A from We Founder Circle, Dexter Angels and others.
Healthtech platform Ayu Health pocketed $ 6.3 million from Vertex Ventures and Stellaris Venture Partners.
Starting home loans Easiloan picked up Rs 8 crore from Tomorrow Capital.
Starting drones Enercomp increased Rs 1.5 Cr ah! Ventures Angel Platform.
Bharat Agri, a digital agriculture consulting startup, raised $ 6.5 million in a Series A funding round led by Omnivore, with participation from existing investors India Quotient and 021 Capital.
SaaS platform GTM buddy received US $ 2 million led by Stellaris Venture Partners.
Technology company in the blink of an eye raised USD 26 million (approx Rs 190.8 crore) in funding led by Moore Strategic Ventures.
Online music learning platform Artium Academy received $ 750,000 led by Bollywood singer Sonu Nigam, Whiteboard Capital and JetSynthesys.
Atomberg Technologies, India’s leading manufacturer of smart and energy efficient fans, has announced undisclosed funding from Ka Enterprises.
Home interiors start-up Shadez raised over $ 200,000 in funding led by Inflection Point Ventures.
Event beep, a virtual community platform for students, amount not disclosed in last round of funding.
Mergers and Acquisitions
Giant Edtech BYJU’S has acquired the US-based K-12 coding platform Tynker.
Harness, a US-based tech unicorn, purchased the Lightwing cloud platform for undisclosed value.