Funding Galore: Indian Startup Funding Of The Week [11-16 Mar]
16 March 2019 1:15 AM IST
In all this week, 20 startups raised $354.43 Mn funding and one startup acquisition took place in the Indian startup ecosystem.
- The startup plans to use the fresh funds to expand its service to 2,000 farmers and 1,000 small retailers TartanSense: Bengaluru-based, agritech startup, TartanSense raised $2 Mn seed funding from food and agriculture-focused fund, Omnivore; Blume Ventures, and BEENEXT.
- network provider Mswipe raised $31.5 Mn (INR 218.99 Cr) in a Series E funding round from B Capital, DSG Consumer Partners, Epiq Capital and Falcon Edge.
- Whatfix: Bengaluru-and San Jose-based enterprisetech startup Whatfix raised $13.2 Mn (INR 92 Cr) Series B funding from Eight Roads Ventures, F Prime Capital, and Cisco Investments.
- Its existing investors, Stellaris Venture Partners and Helion Venture Partners, also participated in the latest funding round.
- Expected Fundings: Gurugram-based logistics provider BlackBuck has filed offers to B Capital Asia and Global Private Opportunities Partners to raise INR 303.31 Cr ($43.5 Mn) in its Series D round by offering 15,668 Series D compulsorily convertible preference shares (CCPS).
- US-based software company Ebix has offered an acquisition deal to Gurugram-based travel and ticket booking platform Yatra Online for $336 Mn (INR 2,342 Cr) in a cash-and-stock deal.
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