TheNFAPost Podcast
1

NFAPost: It is a reality that Indian startup is still loved by investors as the statistics reveal that last week they succeeded in raking up $196 million. A total of 19 startups availed funds and out of that 16 received the above-mentioned money in funding.

According to the data released by Entracker, last week startups like Icertis raised the highest funding of about $80 million followed by Ecom Express, which raised around $40 million.

It is interesting to note that funding for 3 of the total funded startups remained undisclosed.

Summary of deals 

Icertis: Software-as-a-service startup Icertis has raised around $80 million as part of its Series F round led by existing investor B Capital Group.

Juicy Chemistry: Skin and personal care brand Juicy Chemistry has raised $6.3 million in its maiden institutional round led by Belgium-based investment firm Verlinvest. Online beauty and personal care company Purplle has also participated in the financing round.

Awfis: Co-working space firm Awfis has raised fresh funds from two existing investors. Bisque Limited and Link Investment Trust have put in $5.5 million in the Delhi-based company.

funding

Ecom Express: Logistics and warehousing firm Ecom Express has raised $40 million from Swiss private equity firm Partners Group and CDC Group.

Nodwin: Esports platform Nodwin Gaming has raised $22.4 million from Krafton, the developer of PUBG Mobile. This is the maiden investment by the South Korean firm in India.

Turtlemint: Insurtech platform Turtlemint has closed its Series D round at $46 million with fresh investment from Singapore-based Jungle Ventures. In November, the Mumbai-based company had raised $30 million in its Series D round led by GGV Capital.

Microgravity: Virtual- and augmented-reality gaming centre, Microgravity has raised $1.2 million in seed funding from friends and family.

Stage: Regional OTT platform Stage has raised $0.43 million in an angel funding round led by Inflection Point Ventures. Paytm’s founder Vijay Shekhar Sharma also participated in the funding in his personal capacity.

Captain Fresh: Business-to-business (B2B) marketplace for seafood, Captain Fresh has raised $3 million in a seed funding round co-led by Matrix Partners India and Ankur Capital.

Jimmy’s Cocktails: Radiohead Brands, which makes Jimmy’s Cocktails mixers, has raised $0.82 million funding led by Vinay Agarwal, Keki Mistry and others.

Quizizz: Edtech startup Quizizz has raised $12.5 million in Series A funding led by Eight Roads Ventures along with participation from GSV Ventures, Rocketship VC, Nexus Venture Partners and Prime Venture Partners.

Riskcovry: Insurtech startup Riskcovry has received $5 million in Series A funding, led by Omidyar Network India. Pune-based venture capital fund Pentathlon Ventures and Delhi-based DMI Sparkle Fund were also among the new investors.

4baseCare: Oncology technology startup 4baseCare has raised $2 million in a pre-Series A round led by Mount Judi Ventures, growX Ventures, Season Two Ventures, First In Ventures, and a few strategic angel investors.

Nexprt: Cross-border digital commerce platform Nexprt has raised $0.2 million in funding from Titan Capital and other angel investors.

Propsmith: Real estate startup Propsmith has raised $0.7 million in a seed funding round led by US-based venture capital firm Foxhog Ventures.

Ezstays: Delhi-based student housing community Ezstays has raised $0.4 million in a seed round from Richard Rekhy and other private investors.

Undisclosed deals

WysaixamBee and Yoro did not disclose their financial details.

(The story is based on www.entracker report)

Previous articleIndia’s Intercity Bus Travel Poised To Reach $51 Billion In FY 2025: YoloBus Study
Next articleKia Reveals New Design Philosophy And Full Images Of EV6

LEAVE A REPLY

Please enter your comment!
Please enter your name here