Funding Raised by Indian Startups Last Week [10 Sep -16 Sept 2018]

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funding

#1 MamaEarth

Gurgaon Based mother and baby care startup MamaEarth raised 4 million Dollars in a Series A round of funding led by early-stage technology-focused venture capital (VC) firm Stellaris Ventures. The startup plans to use the secured capital to expand its team, invest further in product research and development, support its offline retail presence, and scale up direct consumer reach while building brand awareness.

#2 Tappp

This Mumbai Based Startup is revolutionizing the digital content space by empowering premium content providers to connect with consumers via innovative prepaid card solutions that serve the evolving needs of today’s rising generations. The startup raised 5 million Dollars in a Series A Funding round from global sports tech venture fund ADvantage in participation with Elysian Park (LA Dodgers fund), Accomplice, Go4it, Courtside VC and Sterling VC.

#3 AutoGrid

Founded by Amit Narayan AutoGrid raised 32 million dollars in a Series D funding round. The company is deploying the raised funds to accelerate commercial deployment of its AutoGrid Flex platform across North America, Europe, and Asia-Pacific.

#4 Vokal

This Bangalore based startup raised 6.5 million dollars in a Series A round of funding from Bengaluru-based venture capital (VC) firm Kalaari Capital. It is a knowledge sharing platform founded by Aprameya Radhakrishna and Mayank Bidawatka.

#5 Verzeo 

Another Bangalore based edutech startup Verzeo raised 5 million dollars. The company plans to use the funds to improve marketing and expansion of the product as well as on research and development.

#6 Kissht

Kissht is a financial technology platform that enables instant, seamless credit for consumers to make purchases at digital points of sale (online and offline). Kissht secured 30 million Dollars in a Series C round from Vertex Ventures Southeast Asia (SEA) and India and Sistema Asia Fund, with participation from existing investors Fosun RZ Capital, Ventureast, and Endiya Partners.

#7 Upwards Fintech

Fintech startup secured $5 million in a Series A round of funding led by Chinese venture fund Shunwei Capital in participation with the existing seed investors, including Mumbai-based India Quotient and Mayfield. The startup provides quick loans online to salaried individuals, usually without a credit history.

#8 PharmEasy

Launched in 2015, Pharmeasy one of India’s largest healthcare aggregators connecting lakhs of patients to licensed pharmacies & diagnostic centres online for their extensive medical needs. The startup raised 5.5 million dollars in a venture debt funding round from Mumbai-based InnoVen Capital.