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[Weekly funding roundup] Startups raise over $118M, Avaada and CleverTap bag maximum funding

[Weekly funding roundup] Startups raise over $118M, Avaada and CleverTap bag maximum funding

  • Next was CleverTap, which raised $26 million in Series B round, led by Sequoia India.
  • Bengaluru-based API infrastructure company Setu raised $3.5 million as a part of seed round capital led by Lightspeed India Partners, with participation from Bharat Inclusion Seed Fund.
  • Women-focused reseller platform GlowRoad raised $10 million in Series B round, led by China-based CDH Investments, with participation from existing investor Accel Partners.
  • Existing investors Accel Partners, Chirantae Ventures, and Pi Ventures, along with Flipkart Co-founder Binny Bansal, and Trifecta Capital also participated in the round.


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