startups Funding in Indian 1st week september 2020
Unacademy.com:
Online education startup, Unacademy.com has raised $150 million funding from Softbank at a staggering valuation of $1.45 billion. Existing investors like Facebook, Sequoia Capital, Nexus Venture Partners, and Blume Ventures also join in the funding round.
Dunzo.com:
India's hyperlocal logistics startup Dunzo.com has raised $28 million in new funding from Google and Lightstone this week.
Livspace:
Online home decor startup, Livspace has received $90 million in Series D round from Kharis Capital and Venturi Partners.
Entropik:
Consumers’ emotional response tracking App startup, Entropic has raised $8 million funding in its Series A funding round hat led by Alpha Wave Incubation with the participation of its existing backers.
Mfine:
On-demand healthcare services startup Mfine has received $5.3 million in its Series B funding round led by Caretech Pte Inc.
Gaana.com:
Indian Music online streaming platform, Gaana has raised $50 million from investors like Tencent and times internet.
WinZO Games :
Vernacular real money gaming platform, WinZO Games has secured $18 million in a Series B funding round led by Makers Fund and New York-based Courtside Ventures.
Zomato:
Foodtech unicorn, Zomato has raised about $62 million from Singapore’s state-owned investment arm Temasek Holdings’ MacRitchie Investments.
HomeLane:
Online home interior design platform, HomeLane has secured $8 million in a bridge funding round led by Stride Ventures. Existing investors, Accel Partners, Sequoia Capital, Evolvence India, and JSW Ventures also joined the round, which is a mix of debt and equity.
Eruditus:
Online education platform Eruditus that offers executive courses, has raised $113 million in a Series D round co-led by Naspers and Leeds Illuminate Global Fund. Chan Zuckerberg Initiative (CZI), Sequoia Capital and Ved Capital Evergreen Private Equity also participated in the round.
Apna.co:
Professional network for India’s grey and blue-collar workers, Apna.co has secured $8 million in a Series A funding round led by existing backers — Lightspeed India and Sequoia Capital India. Greenoaks Capital and Rocketship.vc have also infused funds in the round.
Quintype:
Saas-based digital publishing startup, Quintype has secured $3.25 million in a Series A funding round from IIFL AMC, a part of IIFL Wealth Management.
Bikayi:
Hyderabad-based and Y-combinator backed startup, Bikayi has raised $2 million in a seed funding round from a clutch of international investors including Mantis Ventures.
Aibono:
Artificial intelligence-powered fresh food aggregation platform, Aibono has raised $2 million in fresh capital from Rebright Partners, Mitsui Sumitomo Insurance Venture Capital and Lesing Artha.
SenseHawk:
Solar software startup SenseHawk, has raised $5.1 million in fresh capital as part of its extended Series A funding round.
Railofy:
Railofy, a startup that provides travel protection to railway passengers against waitlist and reservation against cancellation, has raised $0.9 million in its seed funding round from Chiratae Ventures.
Koye:
Mumbai-based Koye has raised $4.11 million in debt capital from non-banking financial company BlackSoil Capital Pvt. Ltd.
boAt:
Consumer electronics products brand, boAt has raised $3.43 million in debt funding from InnoVen Capital.
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