Weekly Funding Report (11th October-16th October, 2021)

39 Indian Start-ups raised funding in the third week of October, 31 received a total sum of about $902 million and 08 didn’t disclose the financial details

Following are some key Transactions:

  • Used car retailer CarDekho raised highest funding $250 million at 1.2 billion valuation
  • Tala, a technology company that seeks to make financial services more accessible raised $145 million led by AI-based lending platform Upstart
  • Hubilo, the virtual events platform raised $125 million led by led by Alkeon Capital
  • Neobanking startup Open raised $38 million led by Temasek
  • Business-to-business marketplace for silk products Resha Mandi raised $30 million
  • Melorra, D2C jewellery brand raised $24 million
  • Electric scooter manufacturer Ather Energy raised $17.2 million debt from Hero Moto
  • Agritech startup Waycool raised $13 million


PDF version is attached:https://www.dpncindia.com/blog/wp-content/uploads/2021/10/Weekly-Funding-Report-11th-Oct-to-16th-Oct-21-1.pdf

For more information please refer the link: https://entrackr.com/2021/10/funding-in-indian-startups-this-week-11-oct-16-oct/



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