This week 40 Indian startups raised funding, of which 32 acquired a complete of $1,225.84 million or $1.2 billion. Fractal turned the second unicorn of 2022 by elevating a $360 million spherical. Udaan and Dunzo have raised $250 million and $240 million respectively.
Meanwhile, the funding of the 8 of the overall funded startups remained undisclosed.
Below is the abstract of the offers closed this week
Growth/late startups
Fractal: Fractal, a supplier of synthetic intelligence and analytics options, has raised $360 million in a brand new spherical from TPG Capital Asia in a transaction that features a mixture of major funding and secondary share buy from Funds suggested by Apax Partners.
Udaan: B2B e-commerce platform Udaan has raised one other spherical of $250 million through convertible notice and debt, in keeping with an inner e mail shared by the corporate’s high govt that Entrackr has seen.
Vedansh Pratap | Entrackr
Dunzo: Quick commerce participant Dunzo has raised $240 million in a brand new funding spherical led by Reliance Retail Ventures Limited. The spherical additionally noticed participation from present traders Lightbox, Lightrock, 3L Capital and Alteria Capital.
Zupee: Online real-money gaming platform Zupee has raised $72 million from Mumbai-based Nepean Capital as half of a bigger funding spherical.
ID Fresh Food: ID Fresh Food has raised Rs 507 crore or $68.2 million in a Series D funding spherical. The funding was led by non-public fairness agency NewQuest Capital Partner together with the prevailing investor, Premji Invest.
Avataar.me: San Francisco and Bengaluru-based Avataar.me, an AI and Computer Vision platform targeted on spatial visible discovery, on Friday introduced a $45 million Series B funding spherical led by Tiger Global with co-participation from present investor Sequoia Capital India.
Exotel: Bengaluru-based full-stack buyer engagement platform Exotel raised $40 million in its Series D spherical led by Steadview Capital.
Bombay Shaving Company:Bombay Shaving Company (BSC) has raised Rs 160 crore or $21.5 million in a Series C spherical led by Malabar Investments, a hedge fund based mostly in India.
Pine Labs: Merchant commerce platform Pine Labs on Tuesday mentioned it has raised $20 million from the State Bank of India, India’s largest business financial institution.
CASHe: Online lender CASHe on Tuesday mentioned it raised Rs 140 crore or $18.8 million in funding from Singapore-based fintech agency TSLC, bringing its complete steadiness sheet dimension to over Rs 800 crore.
Innoviti Payment: Innoviti Payment, an enterprise funds resolution supplier, has raised Rs 80 crore or $10.7 million — in a mixture of debt and fairness — in the primary shut of its ongoing Series D spherical. The spherical was carried out by Trifecta Debt Fund, Patni Advisors, and Bessemer Venture Partners.
Early-stage startups
Rupifi: Bengaluru-based finance platform for micro, small, and medium-sized enterprises (MSMEs), Rupifi has raised $25 million in Series A spherical led by Bessemer Venture Partners and Tiger Global Management.
Zuddl: Event platform Zuddl has raised $13.5 million in a Series A spherical led by Alpha Wave Incubation adopted by present traders GrowX and Waveform Ventures.
Living Food: Silicon Valley headquartered sustainability and local weather targeted enterprise capital fund Amasia has led a $7.5 million Series A spherical in Bengaluru based mostly recent meals retailer, Living Food.
Geniemode: Geniemode, a B2B (business-to-business) cross-border e-commerce firm, has raised $7 million in a Series A funding spherical led by Info Edge ventures.
Freecultr: D2C premium innerwear, loungewear, and activewear model FREECULTR on Wednesday introduced that it has raised $5 million in a Series A spherical led by Sixth Sense Ventures via their Sixth Sense India Opportunities Fund.
Groyyo: Groyyo, a B2B manufacturing and automation firm, has raised $4.6 million in a seed spherical led by Alpha Wave Incubation (AWI), which is backed by DisruptAD, ADQ’s enterprise platform, and managed by Falcon Edge Capital.
STAGE: Delhi NCR based mostly native language targeted OTT platform STAGE has just lately raised $2.5 million via its pre-series A spherical of funding led by Blume Ventures and Better Capital.
Bolo Live: Social live-streaming platform Bolo Live raised $2.4 million in a pre-Series A spherical from Orios Venture Partners, it mentioned on Wednesday, including SOSV, Tremis Capital, LPA Ventures, and different HNIs additionally participated in the spherical.
Bambrew: Bambrew, a one-stop revolutionary resolution supplier of sustainable packaging as an alternative choice to single-use plastic, has raised a Pre-Series-A spherical of $2.35 million led by Blue Ashva Capital and Supack Industries.
LivFin: Delhi-based LivFin India Private Limited has raised $2 million in enterprise debt from BlackSoil, a number one NBFC and noteworthy participant in the credit score area.
WEGot: WEGoT Utility Solutions, a maker of sensible water meters, has raised $1.5 million in a funding spherical led by Gruhas Proptech, an organization backed by Abhijeet Pai of Puzzolana Group and Nikhil Kamath of Zerodha.
91Squarefeet: Retail retailer improvement firm 91Squarefeet (previously Rolling Banners) has raised $1 million (round Rs 7.5 crore) in a pre-seed funding spherical from Omphalos Ventures India, Nikhil Vora of Sixth Sense Ventures, actor Rannvijay Singh Singha and VG-Angels, amongst others.
RupeeRedee: RupeeRedee, a digital lending platform, has raised $1 million in debt funding from NBFC agency Eclear Leasing and Finance Pvt Ltd.
Wall.app: Web3 platform Wall.app has secured over $1 million (round Rs 7 crore) funding from Woodstockfund, Arcanum capital, Lancer capital, Lumos labs, in addition to from Persistence founder Tushar Agarwal, Biconomy’s Aniket Jindal and Falcon X’s Prabhakar Reddy.
One Impression: Influencer advertising and marketing platform One Impression has raised over $1 million in a strategic spherical from traders and celebrities together with Karandeep Anand, Varun Alagh, Anupam Mittal, Rohit M.A, Ramakant Sharma, Neeraj Chopra, Zakir Khan, Kanan Gill, Masoom Minawala and a couple of others.
AarogyaAI (*8*): Healthtech startup AarogyaAI (*8*) has raised $0.7 million (Rs 5.2 crore approx) as part of its seed funding spherical from Info Edge (India)-backed Redstart Labs and Avaana Capital (Seed Program).
Crater.Club: Crater.Club, an interactive reside streaming and monetisation platform for creators and educators, has raised an extra $0.5 million from Lumikai.
Courseplay: Employee development enablement platform Courseplay raises Rs 3 crore or $0.4 million in a seed spherical led by Inflection Point Ventures.
Campus 365: Educational expertise startup Campus 365 has raised Rs 21.5 million or $0.28 million in seed funding, led by angel traders based mostly out of Bengaluru.
Great Manager Institute: People administration teaching and certification firm, Great Manager Institute, has raised $0.27 million from govt leaders — Sanjay Mehta of VCosmos, Ajay Kaul, former CEO of Jubilant Foodworks, and Dr Suresh Surana.
Thinkerbell Labs: Thinkerbell Labs, a Bengaluru-based startup that makes use of expertise to assist visually impaired children self-learn their curriculum in Braille, has raised Rs 1.05 crore or $0.14 million from Lenskart founder Peyush Bansal, Emcure govt director Namita Thapar, and People Group founder Anupam Mittal.
Undisclosed offers
SaveIN, Trainman, Falcon Autotech, QNu Labs, One Impression, The Mainstreet Marketplace, Groww, and Skyber didn’t disclose their monetary particulars.
Acquisitions this week
B2B market IndiaMart, through its wholly-owned subsidiary Tradezeal Online Private Limited, has made an funding of roughly Rs 13.3 crore to amass a 26.01 % stake in EasyEcom (Edgewise Technologies Private Limited).
The Good Glamm Group, which is on acquisition spree, has added influencer advertising and marketing platform Winkl and content material and creator analytics startup Vidooly to its broader magnificence and private care portfolio.
Ecommerce transport and enablement agency Shiprocket on Friday mentioned it should purchase a 75% stake in buyer information platform (CDP) Wigzo Tech for an undisclosed quantity.
Mensa Brands, which acquires stakes in direct-to-consumer (D2C) manufacturers, has introduced acquisition of leather-based model Estalon, for an undisclosed quantity.
https://entrackr.com/2022/01/funding-and-acquisition-in-indian-startups-this-week-3-jan-8-jan/
