Funding in Indian startups this week (27 Aug-01 Sep)


This week 12 startups received funding of about $78 million. Among them, NetMeds raised the highest investment of $35 million, followed by Servify which raised about $15 million.
Below is the summary of deals closed this week:

List of disclosed funding deals this week

Playtoome: Live entertainment platform Playtoome has raised $0.28 million in its pre-Series A round from integrated incubator Venture Catalysts’ angel investor.
Servify: Personal device management and after-sale services for electronic gadgets, Servify has raised $15 million in its Series B funding round led by Iron Pillar. Existing investors Blume Ventures and Beenext also participated in the round.
MyUpchar: Local language health content app MyUpchar has raised $5 million in Series A funding from Nexus Venture Partners, Omidyar Network, and Shunwei Capital.
funding in indian startups this week 27 aug 01 sep
funding in indian startups this week 27 aug 01 sep
MissMalini: Lifestyle and entertainment platform MissMalini has raised $1.4 million from Orios Venture Partners and New Enterprise Associates in its pre-series A round.
Rooter: Live-sports social engagement platform Rooter has raised $0.6 million in its pre-Series A round from a clutch of investors including Khalid Al Tawil, Anjali Malhotra from Aviva, Pranay Nigotiya, and others of integrated incubator platform Venture Catalysts.
ZestMoney: Digital lending platform ZestMoney has raised $13.4 million in a round led by Chinese smartphone manufacturer Xiaomi.
Shubh Loans: Blue-collar focused digital lending platform Shubh Loans has raised $4.2 million in an investment led by venture capital firm Saama Capital.
Droni Tech: Mumbai-based AI startup Droni Tech has raised $0.5 million seed funding from Eagle Group.
WheelsEye: Logistics startup WheelsEye has raised around $1 million from early-stage venture capital firm Prime Venture Partners.
NetMeds: Online pharmacy NetMeds has raised $35 million from Southeast Asian business group Daun Penh Cambodia Group.
ShipX: Logistics solution provider Mahindra Logistics Ltd has invested $1 million in freight management solution startup ShipX. Online healthcare portal has raised $1 million in the second round of funding from unknown investors.
*Every week we track startups that have raised fresh investment. Stay tuned for next week funding roundup.

Source: Entrackr

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