On the other side, Smile Group’s fashion ecommerce venture FashionAndYou is in final stages of raising about $50 Mn (about INR 300 Cr) in a new round of funding to be led by US-based investment fund Morgan Creek Capital.
This week 15 startups that raised around $40 Mn in funding altogether. (Calculations are based on startups that disclosed their funding amount.)
Let’s have a look at the startups that got funded this week:
Ketto: Mumbai based crowdfunding platform for social, personal and creative projects raised over $700k in funding led by Pradyumna Dalmia, deal champion of Calcutta Angels and Sudhir Rao, deal champion of The Chennai Angels.