Funding in Indian startups this week (24Sep-29 Sep)

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This week 10 Indian startups received funding, of which eight received a total sum of about $1097 million. Among them, Oyo raised the highest investment of $1 billion.

Meanwhile, funding for two of the total funded startups remained undisclosed.

List of disclosed funding deals this week

Licious: Fresh meat and seafood brand Licious has raised $25 million in a Series C round led by Bertelsmann India, Vertex Ventures along with UCLA. Existing investors Mayfield India, 3one4 Capital, Sistema Asia Fund and InnoVen Capital also participated in the round.

Stanza Living: Student accommodation startup Stanza Living has raked in $10 million in its Series A round led by Sequoia Capital with the participation of existing investors Matrix Partners and Accel Partners.

Oyo: India’s hotel chain Oyo has raised $1 billion round fund from existing investors including SoftBank Vision Fund, Sequoia Capital and Lightspeed Venture Partners.

Sequretek: Cybersecurity startup Sequretek has raised $3.7 million in a bridge round led by existing investor Unicorn India Ventures. The round also saw participation of GVFL and Sharad Sanghi, MD & CEO, Netmagic.

Goals101: Fintech and big data analytics startup, Goals101 has raised $3.5 million in pre-Series A round from Nexus Venture Partners.

Bounce: Scooter sharing platform Bounce, previously Metro Bikes, has raised debt funding of $3 million led by the debt financing firm InnoVen Capital.

PharmEasy: Healthcare aggregator PharmEasy said on Wednesday that it has raised $50 million in a Series C round led by Eight Roads Ventures India.

Sensehawk: Infrastructure intelligence platform Sensehawk has raised $2 million in a Series A round led by venture capital and growth equity investment firm SAIF Partners.

READ  After rebranding to Chiratae Ventures, IDG looks to raise $300 Mn

Undisclosed deals this week

Strom Motors and social networking app Spoofin did not disclose their financial details on funding.

*Every week we track startups that have raised fresh investment. Stay tuned for next week funding roundup

Source: Entrackr

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