Funding Galore: Indian Startup Funding Of The Week [19-24 Aug]

Funding Galore: Indian Startup Funding Of The Week [19-24 Aug]

SUMMARY

Grofers received another $70 Mn tranche of its Series F funding from SoftBank

One of the biggest funding round was led by Zendrive raising $37 Mn

Apart from this,16 startups raised $107.2 Mn funding

We bring to you the latest edition of Funding Galore: Indian Startup Funding Of The Week!

In one of the most important development, Grofers received another $70 Mn tranche of its Series F funding from SoftBank. The tranche is a part of the grocery delivery app’s $200 Mn funding round raised mainly from the SoftBank Vision Fund (SVF). Earlier in March, SVF Growth had transferred its first tranche funding $37.49 Mn to Grofers.

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