Funding in Indian Startups [15 Mar 2021 – 19 Mar 2021]

This week’s total funding venture investment was $166 million, a slight increase over prior week’s total of $113 million.

18 deals were sealed during the week, 14 for early-stage start-ups, four for development, and one for late-stage start-ups. Only one trading was recorded in the debt portfolio, with a transaction value of $4.8 million.

Policy bazaar:

Policy bazaar is a fintech unicorn established on 25 Sep 2014 with its office registered at Gurgaon. It has raised $75 million in a round led by Falcon Edge Capital to expand its business in the UAE and the Middle East.

 My Glamm:

My Glamm, is a D2C beauty start-up established on 12 Aug 2015 with its office registered at Pune. It received Rs 175 crore in Series C funding investments from Ascent Capital, Amazon, and Wipro Consumer – Ventures.

OZiva:

The plant-based nutrition brand OZiva was established on 13 Aug 2013 with its office registered at Chandigarh. It has raised $12 million Series B funding. The funding was led by Eight Roads Ventures, with participation from F-Prime Capital and Matrix Partners India.

YAP:

YAP established on 14 Nov 2014 is a technology start-up with its office registered in Chennai. During it’s Series B round co-led by Flourish Ventures and Omidyar Network India it has raised $10 million.

Also Read: PM Narendra Modi announces Rs 1,000 – Crore ‘Startup India Seed Fund’

Pixxel:

Pixxel, established on 27 Mar 2019 with its office registered at Bangaluru is a Space tech start-up. It has raised $7.3 million in a seed funding round from Omnivore and Techstars with various other participations.

Livve Homes:

Real estate-focused Livve Homes is a Kerala-based start-up. During it’s second funding round from angel investors it has raised $5 million.

 Bewakoof: 

D2C fashion brand Bewakoof, is established on 16 Aug 2011 with its office registered at Thane. It has raised $4 million from Ivy Cap Ventures during it’s funding round.

Prescinto:

Prescinto, is a tech start-up focused on the solar industry established on 27 May 2015 with its office registered at Gurgaon. It has raised $3.5 million in a seed round led by Venture Catalysts. Other investors include Inflection Point Ventures (IPV), Mumbai Angels, and Lets Venture.

IndiaLends: 

IndiaLends, Delhi NCR-based company established on 12 Mar 2013. It announced to have raised $5.1 million in a financing round. The funding round was led by existing investors ACP Partners and DSG Consumer Partners.

 Blacksoil Capital:

Blacsoil Capital, is a Venture debt firm established on 25 Jan 1995 with its office registered at West Mumbai. It has raised Rs 22 crore by issuing secured debentures to family offices and high net worth individuals on a private placement basis.

Euler Motors:

EV start-up Euler Motor, established on 15 Jan 2015 with its office registered at South Delhi, closed its Series A funding round at $9.5 million. With an additional investments of $2.6 million raised from new investor ADB Ventures and existing investor Blume Ventures.

Blive:

Goa based EV start-up Blive is established on 15 Jan 2018 has raised $1 million as part of the follow-on capital of the pre-Series A round.
The funding was a combination of debt and equity, was led by Lets Venture, Mumbai Angels, JITO, and Credit Wise Capital.

 Bimaplan:

Bimaplan, an Insuretech startup company established on 20 Jan 2021 with its office registered at Panchkula Haryana. It has raised a $500,000 seed round from Titan Capital and other marquee investors.

Indic Inspirations:

Indic Inspirations established on 20 Dec 2019 with its office registered at Pune is a cultural start-up. It has raised Rs 2.5 crore in an angel round from investors in India, the US, and Singapore.

Chirrup:

A social gaming start-up Chirrup, established on 04 Feb 2020 with its office registered at Gurgaon during it’s pre-seed round. It has raised $300,000 from Titan Capital, iSeed, First Cheque, and 3.0 Fund.

Say cheese:

Say Cheese, a woman welfare start-up established on 06 Jul 2020 with its office registered at West Mumbai. It has raised an undisclosed amount in a seed funding round from an angel investor.

Wysa:

Wysa, a mental health start-up established on 22 Mar 2018 with its office registered in Bengaluru. It has raised an undisclosed amount in a seed funding round from an angel investor.

Firmway:

The Institute of Chartered Accounts of India (ICAI) incubated start-up Firmway. It has raised an undisclosed amount in a pre-seed funding round.

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