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/

 

Disclaimer:-

The information contained herein is based on information available in public domain. While the information is believed to be accurate to the best of our knowledge, we do not make any representations or warranties, express or implied, as to the accuracy or completeness of this information. Readers should conduct and rely upon their own examination and analysis and are advised to seek their own professional advice. This note is not an offer, invitation, advice or solicitation of any kind. We accept no responsibility for any errors it may contain, whether caused by negligence or otherwise or for any loss, howsoever caused or sustained, by the person who relies upon it.

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