Funding Rounds in September 2019

Funding Rounds in September 2019

 

 

 

 

 

Let’s read who got funded in September 2019:

Cars24: Cars24 has raised $52 million as part of Series D round. Dubai-based cargo company KCK FZE has invested around $25 million and Kingsway FCI invested $10 million in the Series D round.

CashFlo: Multi funder marketplace provider CashFlo has raised a Series A funding round worth $3.3 million which was led by SAIF Partners.

NEWJ: Reliance Industries Limited (RIL), through its subsidiary Reliance Industrial Investments and Holdings Limited (RIIHL), has invested $0.7 million in New Emerging World of Journalism (NEWJ), a news media startup.

GOQii: Smart wearable tech startup GOQii has raised over $6.3 million from Bennett Coleman and Company Ltd (BCCL).

XYXX Apparels: Men’s Innerwear brand XYXX Apparels has raised $0.85 million in its pre-Series-A funding from Sauce.vc.

OTO: Automotive leasing startup OTO has raised $1.4 million from Prime Venture Partners to strengthen its technology platform, build a good team and expand across 10 cities in India by June 2020.

Advisorymandi.com: Technology-driven platform in the investing space, Advisorymandi.com has raised $36 million from the EST Group, a financial conglomerate.

FPL: First Principles Labs Technologies has raised $4.5 million from Matrix and Sequoia in its seed funding.

3rdFlix: Edtech startup 3rdFlix has raised $5 million in a pre-series A funding round led by Exfinity Venture Partners.

Atomberg Technologies: Household electrical appliance manufacturer Atomberg Technologies has announced raising $10 million in Series A round which was led by A91 Partners.

Myelin Foundry: Deep tech startup Myelin Foundry has raised a seed round of $1 million led by Endiya Partners.

Vyapar: Accounting startup Vyapar has raised series A $4.97 million funding round led by IndiaMART. 

Suzette Gourmet: Organic food brand Suzette Gourmet has raised $1.4 million in a funding round led by Yuj Ventures. 

75F: Cleantech startup 75F has raised $18 million in Series A funding round led by Breakthrough Energy Ventures.

ProPhysio: Healthtech startup ProPhysio rose an undisclosed amount of Series A funding from NestaVera Group of companies which will help the company further accelerate its growth and build new products and services. 

Yelo: Neobanking startup Yelo raised an undisclosed amount in its seed funding from Matrix Partners India. 

OkCredit: Tiger Global and Lightspeed venture have funded around $67 million to OkCredit.

Glance: Mobile advertising and discovery platform InMobi have raised $45 million for its product Glance from Mithril Capital.

Fitso: Full-stack sports facilities provider, Fitso has raised $ 1.5 million in pre-series A funding led by SRI Capital

B:Live: Electric Vehicle tourism startup B: Live has raised $0.5 million in a funding round from DNA Entertainment Network to expand its presence pan India.

Truebil: Used car marketplace Truebil has raised $1 million in a funding round from Japan’s Spiral Ventures.

ShoeKonnect: Online B2B footwear marketplace ShoeKonnect has raised $1.5 million in a round led by WaterBridge Ventures.

Delhivery: Canadian pension fund CPPIB has invested $115 million in logistics startup Delhivery.

Nocca Robotics:  Robotics startup Nocca Robotics has got funding $1.7 million led by Indian Angel Network (IAN) Fund.

WhiteHat Jr: Edtech startup WhiteHat Jr has raised $10 million in the Series A funding round led by Nexus Ventures Partners and Omidyar Network.

Qdesq: Flexible workspace source Qdesq raised an undisclosed amount of funding from JLL Spark. 

Marsplay: Delhi-based fashion e-commerce platform Marsplay raised an undisclosed amount of Pre-Series A funding led by Venture Highway.

Kawa Space: Spacetech startup Kawa Space raised an undisclosed amount as part of its pre-Series A funding round from Paytm founder Vijay Shekhar Sharma. 

Hungry Foal: Gurugram-based FMCG startup Hungry Foal raised an undisclosed amount of Pre-Series A funding led by Singapore-based Madison Capita to use it for product development, scaling the distribution and building the brand.

Acculi Labs: Early-stage diagnostic company Acculi Labs has got undisclosed pre-seed funding from Startup Basket. 

SoStronk: E-Sports gaming platform SoStronk raised an undisclosed amount of funding led by IP Ventures to utilise the funds for R&D and growing the team, along with focussing on marketing, development and QA.

Paytm Entertainment: Paytm Entertainment raised INR 31.68 Cr from its parent company. 

PolicyBazaar: Tencent has invested around $130-150 million in PolicyBazaar.

Upstox: Tiger Global has invested $25 million in online stock broking company Upstox.

SlicePay: Fintech startup SlicePay has raised $2.8 million debt from Japan-based Gunosy Capital and Pegasus Wings Group.

Groww: Online investment startup Groww has raised $21.4 million in a Series B funding round led by Ribbit Capital. 

Wow! Momo: Tiger Global has led $23 million funding round in quick-service restaurant (QSR) brand Wow! Momo.

NestAway: Goldman Sachs has funded $5 million to co-living and home rental platform NestAway.

Digi-Prex: Digital pharmacy startup Digi-Prex has raised $5.5 million in a seed funding round from a bunch of investors.

Generico: Pharmacy chain Generico has raised $11 million funding in a Series A round from Lightbox. 

Spacejoy: Home interior design startup Spacejoy has raised $1 million in a seed funding round from Accel Partners.

Square Yards: Online real estate brokerage platform Square Yards has raised $20 million of equity capital from Bennett Coleman & Co Limited (BCCL) along with others.

Meddo: Healthtech startup Meddo has raised $3 million in a pre-series A round led by SRI Capital. 

PlusPin: Healthtech startup PlusPin Healthcare has raised $0.7 million in its seed round of funding from a clutch of investors of the Indian Angel Network (IAN).

Blowhorn: Logistics startup Blowhorn announced a new round with the undisclosed amount of funding from a clutch of investors. 

Zivame: Online lingerie supplier Zivame raised equity funding from investors Zodius Capital and Avendus Capital. 

ZoomCar India: Self-driving car platform Zoomcar India received INR 14.14 Cr ($1.9 Mn) equity infusion from US-based parent, Zoomcar Inc. 

Syntizen: Digital identity solutions provider Syntizen raised an undisclosed amount of Pre-Series A funding from Mastercard and ACPL. 

GigIndia: Freelance marketplace GigIndia raised a round of funding from a clutch of technology veterans.

AttainU: Edtech startup AttainU raised an undisclosed amount of funding from a group of investors. 

Kaarya Naturals: Roots Ventures invested an undisclosed amount in health food company Kaarya Naturals.

Spinny: Hybrid used car retailer Spinny has closed about $50 million in a Series B round led by an American investor. 

Darwinbox: HRtech startup Darwinbox has got $15 million in a Series B round led by Sequoia Capital. 

Rivigo: Surface logistics startup Rivigo has raised about $4.9 million from KB Global.

OfBusiness: OfBusiness has raised $34 million in a Series D round led by Norwest Venture Partners.

Emotix: Learning robots maker Emotix has raised another $2.2 million led by WNS group CEO and NASSCOM’s  Chairman – Keshav R Murugesh.

WhistleDrive: Hyderabad-based employee transportation company WhistleDrive has raised $10 million in a Series B round from Colosseum Group.

1Balance: Natural supplements company 1Balance has raised $2 million in a seed funding round led by Accel Partners. Larry Braitman and other angel investors also participated.

Terraview: SaaS-based global image processing startup Terraview has raked in $0.8 million in a Series A round led by Flipkart’s co-founder Binny Bansal and CEO Kalyan Krishnamurthy, Udaan co-founder Sujeet Kumar, and Tanglin Venture Partners.

Onco: Virtual cancer care startup Onco has raised $7 million in a Series A funding round led by Accel Partners, Chiratae Ventures, and Dream Incubators.

Finception: Delhi-based startup Finception has raised $0.56 million in a funding round from Rainmatter.

Aquaconnect: Chennai-based Aquaconnect has raised $1.1 million in a seed funding round led by Omnivore and HATCH.

Log9 Spill Containment: Nanotechnology startup Log9 Spill Containment has raised $0.56 million in a pre-Series A round of funding from angel investors including Renjit Shinto and Omkar Ghaisas.

AdvaRisk: B2B fraud detection and investigation startup AdvaRisk has raised around $0.7 million in its first round of institutional funding from Sprout Venture Partners, SEA Fund.

Orbo.AI: AI-powered imaging and visual enhancement startup Orbo.AI has raised $1.6 million in a pre-series A round of funding led by YourNest Ventures and Venture Catalysts. 

Pharmarack: SaaS-based healthcare tech platform Pharmarack has raised $3 million in a Series A round of funding from IvyCap Ventures.

Blu Smart: Delhi-based mobility startup Blu Smart has raised $3 million in an angel round from Deepika Padukon’s family Ka Enterprises, JITO Angel Netowork and others.

LectureNotes: Online platform for teachers, LectureNotes has raised $0.35 million from Singapore-based HNIs.

Ketofy: Gurugram-based Ketofy has raised $0.25 million from Alok Mittal, Rohit Chanana and Tajinderpal Singh.

DIPL: fintech startup Digital India Payments Ltd (DIPL), has raised $0.8 million from the United States-based investment group IC1101.

Agatsa: Healthtech startup Agatsa has raised $1 million from the Indian Angel Network (IAN) and the Technology Development Board (TDB).

emids: emids raised an undisclosed amount of funding from New Mountain Capital. 

SpeakIn: Delhi-based SpeakIn raised an undisclosed amount of funding from Homage Ventures.

By T. Aswini Patro

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