Page 10 - Startup Funding
India social commerce startup Meesho valued at $5 billion by Fidelity
Meesho raised $570 million in fresh funding led by Fidelity Investments
 "India social commerce startup Meesho valued at $5 billion by Fidelity")
Mentza raises $400,000 in seed round led by Inflection Point Ventures
Mentza is a one of its kind audio-based conversational learning platform that wants to engage users through high quality focused 20-minute conversations across diverse topics
 "Mentza raises $400,000 in seed round led by Inflection Point Ventures")
ConnectedH raises $2.3mn in seed fund led by Kalaari Capital, Incubate Fund
ConnectedH plans to utilise the fresh funds to expand their product portfolio, invest in technology, and expand its presence in Delhi/NCR Region
 "ConnectedH raises $2.3mn in seed fund led by Kalaari Capital, Incubate Fund")
Bangalore-based startup HappyCredit raises Rs 5 cr in pre-seed round
The Indian e-commerce market is growing substantially, with the total market size expected to reach $188 billion by 2025
 "Bangalore-based startup HappyCredit raises Rs 5 cr in pre-seed round")
FrontRow raises $14 million in funding from Eight Roads Ventures, others
FrontRow, founded by Shubhadit Sharma, Mikhil Raj and Ishaan Preet Singh, nine months ago and has scaled to 50,000 paid learners across over 2000 cities worldwide
Vahan raises $8 million in funding round led by Khosla Ventures
Blue-collar jobs platform Vahan on Wednesday said it has raised USD 8 million (around Rs 59 crore) in a funding round led by existing investor Khosla Ventures
 "Vahan raises $8 million in funding round led by Khosla Ventures")
Media tech company Amagi raises $100 mn from Accel, Premji Invest, others
Amagi is tapping the $50 billion cloud-based video content creation, distribution, and monetisation market
Overseas education company Leap raises Rs 400 cr in Series C funding
The firm said it is seeing an unprecedented demand from students to move abroad this year as international borders open post-Covid.
 "Overseas education company Leap raises Rs 400 cr in Series C funding")
GoKwik raises Rs 40 cr in pre-Series A round led by Matrix Partners India
The new investment will primarily be used for scaling up & establishing a footprint in MENA and SEA regions and hiring talent across tech, data, and product engineering
 "GoKwik raises Rs 40 cr in pre-Series A round led by Matrix Partners India")
Plant protein startup Proeon raises funding to tap multibillion-dollar mkt
The plant-based proteins sector is projected to reach nearly $200 billion by 2027
 "Plant protein startup Proeon raises funding to tap multibillion-dollar mkt")
Village commerce tech startup 1Bridge raises $2.5 mn in fresh funding round
The funding was led by Netherlands-based impact investor C4D Partners, an early investor for the last 4 years
 "Village commerce tech startup 1Bridge raises $2.5 mn in fresh funding round")
IsGoingOnline raises Rs 1.5 cr in pre-Series A led by Artha Venture Fund
Unicorn India Ventures, SEA Fund, and Brookfield Asset Management's former Managing Partner Devdatt Shah, also participated in the round
Smytten raises $6 mn in Series A funding led by Fireside Ventures
With more than 5 million users, Smytten is one of the largest direct-to-consumer sampling platforms in India
 "Smytten raises $6 mn in Series A funding led by Fireside Ventures")
AppsForBharat raises $4 mn in seed fund from Sequoia Capital and BEENEXT
The round also saw participation from WEH Ventures. The funds will primarily be used for product development and hiring tech talent
 "AppsForBharat raises $4 mn in seed fund from Sequoia Capital and BEENEXT")
Indian startups raise $16.9 bn VC funding in 2021, next only to China
Indian startups got USD 16.9 billion of venture capital funding in 2021, next only to Chinese counterparts in the Asia-Pacific (APAC) countries, GlobalData said Friday. "Despite the third wave of COVID-19 pandemic looming large and slow economic recovery, venture capital (VC) investors seem to be reposing faith in the Indian startup ecosystem. In fact, Indian startups stood next only to Chinese counterparts in terms of VC funding value among the APAC countries during January to July 2021," the leading data and analytics company said. An analysis of GlobalData's financial deals database reveals that a total of 828 VC funding deals were announced in India during January-July 2021 while the total disclosed funding value of these deals stood at USD 16.9 billion. Some of the notable VC funding deals announced in India during January-July 2021 include USD 3.6 billion raised by Flipkart, USD 502 million raised by Mohalla Tech (ShareChat), Zomato's capital raising of around USD 500 million,
Probus Smart Things raises $500,000 led by Unicorn India Ventures
Probus develops integrated hardware and software solutions for utility providers and helps digitise their distribution grid
Zupee's valuation crosses $500 million, raises $30 million funding
This round comes within 6 months after its Series A round at a $100 million valuation, which is more than 5x increase in the company's valuation
 "Zupee's valuation crosses $500 million, raises $30 million funding")
Doxel raises $40 mn in Series B funding from Insight Partners, others
The funding would help Doxel to accelerate recruiting across its engineering, sales, marketing and product teams
 "Doxel raises $40 mn in Series B funding from Insight Partners, others")
Customer engagement startup MoEngage raises $32.5 mn for global expansion
MoEngage has added over 250 new customers in the past year and counts large brands such as McAfee, Nestle, Domino's, Deutsche Telekom, Byju's, Flipkart, CIMB Bank, JD.ID as customers
Veera Health raises $3mn in funding led by Surge, Global Founders Capital
Digital health startup for women offers nutrition therapy, lifestyle coaching and doctor support.