Funding Galore: Indian Startup Funding Of The Week [18-23 Mar]
In all this week, 14 startups raised $986.3 Mn funding and two startup acquisitions took place in the Indian startup ecosystem.
- We bring to you the latest edition of Funding Galore: Indian Startup Funding Of The Week!
- This week one of the biggest fundings came to Chinese smartphone maker Xiaomi’s India unit which raised $507 Mn (INR 3500 Cr) from its Singapore parent company.
- Flipkart owned online payment company PhonePe raised $107.6 Mn (INR 743.5 Cr) from its Singapore-based parent entity PhonePe Pvt Ltd, formerly known as Flipkart Payments.
- Health beverage maker Paper Boat’s parent company Hector Beverages raised 1.45 Mn (INR 10 Cr) from A91 partners.