This week 17 startups received funding, of which 14 received a total sum of about $33 million. Among them, IndiaLends and Headout raised the highest investment of $10 million each, followed by Shop101 which raised about $5 million.
Meanwhile, funding for three of the total funded startups remained undisclosed. Below is the summary of deals closed this week: List of disclosed funding deals this week McXtra: Digital insurance broking startup McXtra has raised $1.3 million in its pre-Series A round from a clutch of 12 investors.
Wishberry: Crowdfunding platform for filmmakers & creative artist, Wishberry has raised $1.46 million in Series A funding led by Reliance Big Entertainment, Dr. Sunil Patil, director of Scrabble Entertainment and 3one4 Capital. SmartVizX: Virtual reality startup SmartVizX has raised $1.46 million in pre-series A funding from YourNest Venture Capital and the Indian Angel Network’s IAN fund.
Shop101: Mumbai-based social e-commerce platform Shop101 has raised $5 million in its Series A funding round led by Stellaris Venture Partners. Groww: Online investment startup Groww has raised $1.6 million in a pre-series A funding round from Insignia Venture Partners, America’s Lightbridge Partners, and Kairos fund.
IndiaLends: Fintech startup IndiaLends has raised $10 million in its Series B round of funding led by London-based ACPI Investment Managers and India-focused Ganesh Ventures. ZippServ: ZippServ, a real estate risk assessment platform raised Pre-Series A funding of $0.43 million from their existing investor Info Edge. Read more from entrackr.com…
thumbnail courtesy of entrackr.com