12/28/2023 0 Comments Keka india![]() Ola Electric : Ola Electric has raised more than Rs 398 crore or $53 million in a financing round led by Temasek which also saw participation from Edelweiss, IIFL, Vijay Shekhar Sharma’s VSS Investco and others. Suki.AI : Suki AI, founded by ex-Google and Flipkart product honcho Punit Soni, has raised Series C funding of $55 million, led by March Capital, with additional support from Philips Ventures, and all previous investors, including Venrock, Flare Capital, Breyer Capital, and inHealth Ventures. Existing investors Aavishkaar Capital, Accel, Bertelsmann, Chiratae Ventures, and Rabo Frontier Ventures also participated in the round. The three-year-old company was reportedly in talks with these investors for a larger round.ĪgroStar : Omnichannel agriculture advisory and commerce marketplace AgroStar has raised $70 million in its Series D funding round from Evolvence, Schroders Capital, Hero Enterprise, and CDC. Pristyn Care : Gurugram-based healthcare startup Pristyn Care has raised around $100 million in a new round from Sequoia Capital, Tiger Global and others. Existing investors such as B Capital and International Finance Corporation (IFC) and CDC have also participated in the fresh funding. As we have already covered Zomato’s $75 million investment in Shiprocket in the second week’s report in November, the remaining $110 million will be added this week.īizongo : E-commerce focused packaging company Bizongo has raised $110 million in its Series D round of financing led by Tiger Global. Existing investors InfoEdge Ventures and March Capital along with Moore Strategic Ventures and 9unicorns also participated in the round. Shiprocket : Logistics aggregator platform Shiprocket has raised $185 million in a Series E round co-led by Zomato, Teamasek and Lightrock India. The new tranche also saw the participation of 20 other investors comprising financial corporations, family offices, individuals and strategic investors. Ola : Mobility major Ola continues to defy the normal laws of valuations by scoring $139 million in its ongoing Series J round led by Edelweiss. Below is the summary of the deals closed this week Meanwhile, the funding of 9 of the total funded startups remained undisclosed. Pristyn Care became a unicorn by raising a $100 million round this week. Ola raised the highest funding of about $139 million, followed by Shiprocket which raised $110 million. This week 51 Indian startups raised funding, of which 42 received a total of about $820 million.
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