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Home Stories Funding in Indian startups this week (12 Nov-17 Nov )

Funding in Indian startups this week (12 Nov-17 Nov )

This week 11 Indian startups received funding, of which 8 received a total sum of about $15 million. Among them, HealthifyMe raised the highest investment of $6 million followed by Perpule, which raised about $4.7 million.

Meanwhile, funding for 3 of the total funded startups remained undisclosed.

Below is the summary of deals closed this week:

List of disclosed funding deals this week

Perpule: Retail-focused fintech startup Perpule has scooped up $4.7 million in its Series A round led by Prime Venture Partners. Existing investors Kalaari Capital, and Venture Highway also participated in the round.

HealthifyMe: Health and fitness startup HealthifyMe has raised $6 million in its extended Series B round from Sistema Asia Fund, Samsung NEXT, Chiratae Ventures (previously IDG Ventures India), Inventus Capital and Blume Ventures.

DriveU: Online driver aggregating platform DriveU has closed a mezzanine investment round of $0.9 million led by Stevens Creek Ventures. The investment from the California-based investor comes after eight months when DeriveU had raked in $3 million in its pre-Series A round.

Milkbasket: Gurugram-based hyperlocal startup MilkBasket has raised $1.37 million from US-based venture capital firm Mayfield Fund.

Hoi Food: Gurugram-based Hoi Food that provides food to budget hotels in NCR, has raised $0.5 million in a pre-Series A round led by 1Crowd.

Fresh Rooms: Technology-based sanitation startup Fresh Rooms has raised $0.41 million from an undisclosed angel investor in a seed funding round.

CleanseCar: Mobile-based car service startup CleanseCar has raised $0.48 million in angel funding from investment platform Venture Catalyst. Venture Catalysts network including Omphalos Venture India LLP, Rishabh Mahimtura, Anil Patel, Vishal Brambhatt and others also participated in the round.

Biizlo: Mumbai-based home security startup Biizlo has raised around $0.5 million in an angel funding round. The round was led by Joge Bharadwaj and Ritesh Sharma, Directors of Mumbai-based Eagle Group.

Undisclosed deals this week

INTECH, e-commerce enabler EasyEcom, and sports-tech startup Sportido did not disclose their financial details on funding.

Source: Entrackr

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