Indian startups raised $194.49 million from 17 disclosed deals in the 2nd week of November. This week’s funding is led by Insurtech startup PolicyBazaar, which raised $150 million in a Series G round of funding. The other 16 startups raised $44.49 million in the week. PolicyBazaar: An online life insurance and general insurance comparison portal PolicyBazaar has raised $150 million in
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Workwear bootstrapped startup Solero is a Mumbai based B2B Apparel Company founded in 2015 by Deepak Kanodia, Neha Kanodia, and Mahesh Kumar Kanodia. Workwear apparel startup Solero has started its operations in 2015 with Rs 23 lakhs annual turnover, and now in 2019, the company achieved Rs 1.15 crore turnovers with many corporate clients. Apparel startup provides on-order delivery of
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Pune -based logistic startup ElasticRun raised $40 million in a Series C round of funding from Bengaluru-based Kalaari Capital, South Africa-based Prosus Ventures, and Avataar Venture Partners. ElasticRun has raised a total of $57.1 million funding in 4 rounds from 4 investors, including Norwest Venture Partners. Kalaari Capital, a Bangalore investing in an early-stage investment firm and Norwest Venture Partners,
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Indian startups first 9-month funding data report published by YourStory mentioned that, in a total of 603 deal, Indian startups raised $7.67 billion. The figures are just down 4% from the previous year 2018. The Indian startups funding data of the first three-quarters from January-September- 2019 are in line with the previous year. In the same period in 2018, Indian
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Indian startups have raised a total of $267.5 million from the investor in 20 disclosed amount deals from total 21 funding deals in the 3rd week of October 2019. One deal remains undisclosed. Among these, Cars24 raised the highest funding of $100 million from 15 investors, followed by Mygate raised $56 million, and CleverTap raised 35 million funding from investors.
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The startup ecosystem is now getting funds from big corporate by the way Corporate Venture Capital (CVC), the investment funds come from the corporate houses to meet their strategic technology requirement, and to gain the financial benefit from the StartUps ecosystem. The big US-based technology companies like Google, Microsoft, Intel, Salesforce Ventures, etc, developed their own CVC funds to invest
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San Francisco and Mumbai-based mobile marketing platform provider startup CleverTap has raised $35 million from existing investors Sequoia Capital and Tiger Global in a Series C round of funding at the valuation of $385 million. CleverTap said in a statement that startup growing with a robust 250% YoY CAGR. The company is present in over 100 countries and reaches more
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