Funding in Indian startups this week (27 May-01 June)
\nTeam Entrackr
\nJune 1, 2019
\nThis week 17 Indian startups received funding, of which 14 received a total sum of about $93 million. Among them, Ather Energy raised the highest funding of about $51 million followed by GlowRoad which raised about $11.5 million.<\/p>\n
Meanwhile, funding for 3 of the total funded startups remained undisclosed.<\/p>\n
Below is the summary of deals closed this week:<\/p>\n
Ather Energy: Ather Energy has secured $51 million in what looks like its Series D round and this investment has been led by Sachin Bansal with a $32 million cheque.<\/p>\n
Zaasna: Property tech startup Zaasna has raised $0.28 million in its seed funding round from global investors based out of Singapore, Middle East, and the US.<\/p>\n
Agara Labs: Deep-tech startup Agara Labs that helps automate customer support, has raised $2.5 million from Blume Ventures and Russia\u2019s RTP Global in its pre-Series A funding round.<\/p>\n
Hyperhire: B2B HR solutions Platform Hyperhire has raised $0.2 million seed fund from South Korea-based venture capital \u2013 Springcamp.<\/p>\n
Bira 91: Craft beer company Bira 91 has raised $4.3 million in its pre-Series C round led by Sixth Sense Ventures, at a post-money valuation of $246 million.<\/p>\n
GlowRoad: Social commerce startup GlowRoad has topped up its Series B round with $11.5 million latest tranche. Korea Investment Partners (KIP) and Singapore-based Vertex Ventures participated in the round.<\/p>\n
Lifelong Online: Home appliances brand Lifelong Online has raised $5.7 million in a mix of primary and secondary round led by Tanglin Venture Partners.<\/p>\n
Airblack: Social travel commerce startup Airblack has picked up $1.5 million in a seed round led by SAIF Partners.<\/p>\n
Rocketium: Video creator platform Rocketium has picked up $1 million from early-stage investors \u2013 1Crowd and Blume Ventures.<\/p>\n
@ [\u2018AT\u2019]: Social media marketing startup @ [pronounced \u2018AT\u2019] has raised $0.33 million through a consortium of marquee angel investors includes Anupam Mittal, Founder & CEO of shaadi.com; Dharti Desai, Founder & CEO Finewinesandmore.com; and Hardik Zaveri, Founder & Director, 8finity Global.<\/p>\n
Homescreen Network: GrowthStory promoted regional digital media startup Homescreen Network that runs platforms like SparkTV and TheBigScope, has raised $2 million in Series A funding from Saama Capital.<\/p>\n
FreshToHome: Online platform for fresh meat and fish, FreshToHome, has raised $11 million from a group of investors led by HongKong based CE Ventures.<\/p>\n
FreshVnF: Mumbai-based agritech startup FreshVnF has raised $2 million in its first round of funding led by Equanimity Ventures.<\/p>\n
Kabaddi Adda: Mumbai-based kabaddi web portal KabaddiAdda has raised $0.21 million in a seed funding round from Artha Venture Fund.<\/p>\n
Undisclosed deals this week<\/p>\n
Cleantech startup Clairco, Skilance Solar and TheMathCompany did not disclose their financial details on funding.<\/p>\n","protected":false},"excerpt":{"rendered":"
Funding in Indian startups this week (27 May-01 June) Team Entrackr June 1, 2019 This week 17 Indian startups received funding, of which 14 received a total sum of about $93 million. Among them, Ather Energy raised the highest funding of about $51 million followed by GlowRoad which raised about $11.5 million. Meanwhile, funding for […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"_monsterinsights_skip_tracking":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[1],"tags":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/udaen.info\/index.php?rest_route=\/wp\/v2\/posts\/3646"}],"collection":[{"href":"https:\/\/udaen.info\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/udaen.info\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/udaen.info\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/udaen.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3646"}],"version-history":[{"count":1,"href":"https:\/\/udaen.info\/index.php?rest_route=\/wp\/v2\/posts\/3646\/revisions"}],"predecessor-version":[{"id":3647,"href":"https:\/\/udaen.info\/index.php?rest_route=\/wp\/v2\/posts\/3646\/revisions\/3647"}],"wp:attachment":[{"href":"https:\/\/udaen.info\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3646"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/udaen.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3646"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/udaen.info\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3646"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}