Weekly Funding Report (27th September-2nd Oct, 2021)

50 Indian Start-ups raised funding in the last week of September, 38 received a total sum of about $1506 million and 12 didn’t disclose the financial details

Following are some key Transactions:

  • Social commerce startup Meesho raised highest funding $570 million at $4.9 billion valuation led by Fidelity Management and Eduardo Saverin’s B Capital Group
  • Business to business e-commerce platform OfBusiness raised $200 million
  • Ola Electric raised $200 million led by Falcon Edge & SoftBank at a valuation of $3 billion
  • Edtech startup Vedantu raised $100 million and entered into Unicorn club
  • Digital lending company Capital Float raised $50 million led by Lightrock India
  • On-demand doctor consultation platform mFine raised $48 million led by Beenext
  • Business-to-Business marketplace for the unorganised retail segment Bijnis raised $30 million led by Westbridge Capital
  • Online grocery delivery platform Grofers raised $16.7 million

 

PDF version is attached:https://www.dpncindia.com/blog/wp-content/uploads/2021/10/Weekly-Funding-Report-27th-Sept-to-2nd-October-2021.pdf

For more information please refer the link: https://entrackr.com/2021/10/funding-in-indian-startups-this-week-27-sep-02-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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