This week 24 startups raised about $75 Mn in funding altogether. (The funding amount is based on the startups that disclosed their funding amounts).
Let’s Have A Look At The Startups That Raised Funds This Week
Instavans: On-demand logistics startup, Instavans raised an undisclosed amount in funding from Dell Services president Suresh Vaswani’s family office. The raised funds will be deployed to build a virtual fleet which will be managed using Instavan’s technology platform.
Tavaga: App and web based investment management platform, Tavaga, raised an undisclosed amount in seed-round from angels via TracxnSyndicate. With this, investor Ashish Goenka will join the board of Tavaga.
ORIGA Leasing: Asset financing company, ORIGA Leasing, raised over $1 Mn (INR 7 Cr.) from ah! Ventures, 500 Startups and a consortium of high profile investors. The raised funds will be utilised towards leasing of assets, people and technology.
Simpli5d Technologies: Digital engagement solutions company, Simpli5d Technologies, raised an undisclosed amount in its second round of funding led by Dheeraj Jain and YourNest Angel Fund. The funds will be used for technology enhancements, expanding to new geographies and for people investment.
Care24: Home healthcare startup, Care24, raised about $350K (INR 2.25 Cr.) in a funding round from India Quotient. The raised capital will be used to train on-boarded caregivers and expand to more localities in Mumbai.