Funding in Indian startups (23 Nov-28 Nov)
[tintuc]
Cars24:
India's Online used car marketplace Cars24.com has entered the unicorns club in E round Series with a $200 million net worth funded by DST Global. Existing funding backer Exor Seeds, Moore Strategic Ventures, and Unbound also participated in this funding round.
Cityflo:
Intra-city bus startup Cityflo.com has raised $8 million funding from Lightbox Ventures and India Quotient.
Cashfree:
india's Payment gateway startup Cashfree has received $35.3 million in its Series B round funding round from London-based private equity fund Apis Partners’ Apis Growth Fund II. Existing investors Y combinator and Smilegate Investments also took part in the round.
Country Delight:
Direct-to-consumer dairy brand Country Delight has raised $25 million from Elevation Capital and Matrix Partners, Orios Venture Partners and IIFL PE Fund also .
Shipsy:
SaaS platform Shipsy has raised $6 million in a funding round co-led by Sequoia Capital India’s Surge and existing investor Info Edge.
GeoIQ:
Location intelligence startup GeoIQ has raised $0.33 million from 9Unicorns venture capital fund, IPV, Kayenne and LetsVenture among others.
Pravasirojgar:
Bollywood actor Sonu Sood’s initiative for blue-collar job workers Pravasirojgar has raised $33 million from Temasek’s GoodWorker.
SignalX:
AI-powered risk management and compliance startup SignalX has raised $0.9 million in its first round of funding from 9Unicorns and others.
Purplle:
Beauty e-commerce platform Purplle has raised $1 million from Spring Marketing Capital.
ERPNext:
Opensource enterprise resource planning software ERPNext has raised $1.3 million from Rainmatter and Zerodha.
Dailyhunt:
Daily hunt is a platform that aggregates news and local language content has raised $10 million funding from B Capital Group.
STAGE APP:
India's hyperlocal OTT streaming platform STAGE App has raised $1.15 million in a funding round from startup incubator and accelerator Venture Catalysts.
Kaagaz Scanner App:
Document scanning anroid app Kaagaz Scanner has raised $0.57 million from Pravega Ventures. Axilor Ventures, Better Capital .
. [/tintuc]
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