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Funding in Indian startups this week (14 Oct- 20 Oct)

This week 10 Indian startups received funding, of which eight received a total sum of about $35 million. Among them, USPL raised the highest investment of $13.5 million followed by myGate, which raised $8.7 million.

List of disclosed funding deals this week

Worxogo: SaaS-based startup that gives personalised performance inputs to employees, Worxogo has raised $2.2 million from Inventus Capital and Ideaspring Capital.

myGate: Security management solutions provider myGate has raised $8.7 million in Series A round led by existing investor Prime Venture Partners.

funding in indian startups this week 14 oct 20 oct 1

Hiver: SaaS-based inbox management solution provider Hiver has raised $4 million in its first round of equity financing led by Kalaari Capital and Kae Capital.

USPL: Sachin Tendulkar-backed Universal Sportsbiz (USPL), the owner of fashion brands Wrogn, Imara, and Collectabillia has raised $13.5 million in Series E round from Accel and its Growth Fund, along with NB Ventures Ltd and Alteria Capital.

TravelTriangle: Holiday travel marketplace TravelTriangle has raised $3 million in debt funding from Singapore’s Temasek Holdings-backed InnoVen Capital.

Truebil:  Mumbai-based online marketplace for pre-owned cars, Truebil has raised $2 million from its existing investors.

Virtual Metalstreet: Bengaluru-based steel marketplace Virtual Metalstreet has raised $0.7 million in an angel round.

LetsMD: Healthcare-focused fintech startup LetsMD has raised $1 million in a pre-Series A funding round from Orios Venture Partners.

Undisclosed deals this week

Agritech Startup FarmersFZ and Biotech startup Mynvax did not disclose their financial details on funding.

READ  Monograph, developer of project and cost management software for architects, raises $1.9 million

Source: Entrackr

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