This week 10 startups raised more than $70 Mn in funding (this is based on startups that disclosed their funding amounts).
Lets have a look at the startups who were lucky this week.
Wegilant: Mumbai based Wegilant which provides IT security solutions to Android developers and CIOs raised INR 1 Cr. in funding led by Ravi Gururaj of HBS Alumni Angels, Gaurav Sharma of Yahoo India, and Vishwanathan Ramachandran and IIT-Bombay’s startup incubator SINE.
Gigstart: An online marketplace for entertainers and party planners, Gigstart raised $210k in seed funding from a group of investors, including Snapdeal’s co-founders Rohit Bansal & Kunal Bahl, Indian Dream Capital and Rajesh Sawhney of GSF.
RiverSilica Technologies: Founded in 2010, RiverSilica Technologies raised INR 10 Cr. in funding led by Exfinity Technology Fund. Its main product line is PIXFIX, a patent-pending algorithm supports live video and on-demand video.
IndiaHomes.com: It is in final stages of raising a new round of $50 Mn of funding to be led by its existing investors- – New Enterprise Associates (NEA) and Foundation Capital. IndiaHomes.com will use some of the $24.9 Mn of the funds it raised in April to acquire 5 startups for a total $15 Mn.