MultiLiving has raised $6 Mn from Lodha Ventures
FamPay has raised $4.7 Mn in a seed funding round
Overall, 15 startups raised around $21.5 Mn funding this week
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We bring to you the latest edition of Funding Galore: Indian Startup Funding Of The Week!
In one of the biggest funding round this week, Mumbai-based real estate startup MultiLiving has raised $6 Mn in fresh funding from Lodha Ventures. Lodha Ventures head Abhinandan Lodha has been named on board of advisors.
With this, MultiLiving has also launched its operations in Mumbai with a limited number of curated flats at some of the most premium locations across Mumbai including Lower Parel, Powai, BKC, Kanjurmarg and Vikhroli.
Overall, 15 startups raised around $21.5 Mn funding in the Indian startup ecosystem this week. (This funding report is based on startups that disclosed funding amount.)
Indian Startup Funding Of The Week
- MultiLiving: $6 Mn
- FamPay: $4.7 Mn
- AutoMony: $3 Mn
- Airmeet: $3 Mn
- Karbon Card: $2 Mn
- Purple Style Labs: $1.7 Mn
- Lal10: $1.1 Mn
- Anaxee Digital Runners: Undisclosed
- Om Bhakti: Undisclosed
- Spectacom: Undisclosed
- Fashion Is One: Undisclosed
- CollegeKhabri: Undisclosed
- Cardiotrack: Undisclosed
- Cross Border Kitchens: Undisclosed
- MeraKisan: Undisclosed
- FamPay
- AutoMony
- Airmeet
- Karbon Card
- Purple Style Labs
- Lal10
- Anaxee Digital Runners
- Om Bhakti
- Spectacom
Gurugram-based sports-tech startup Spectacom Global Pvt Ltd had raised an undisclosed amount of funding from telecom major Bharti Airtel as part of the Airtel Startup Accelerator Programme. Airtel will work closely with Spectacom to help increase awareness and adoption of its health and fitness platform.
- Fashion Is One
Fashion events organiser Fashion Is One has raised an undisclosed amount of funding from Gurugram and Noida based angel investors. FIO plans to launch a global incubation centre in association with its industry body, Asian Fashion & Design Council and Whizdom Club by MQDC. The startup is known for organising Asian Designer Week.
- CollegeKhabri
- Cardiotrack
- Cross Border Kitchens
- MeraKisan
Other Developments Of The Week
Bengaluru-headquartered venture capital firm Chiratae Ventures has announced the launch of its Innovators Programme aimed at shining the light on deeptech innovation in India
Debt fund management company Northern Arc Investments has announced the first closing of its latest fund — Northern Arc India Impact Fund — at $23 Mn. This is the eight fund of Northern Arc Investments fo which the company has set an overall target of $100 Mn.
Tokyo-based venture capital firm STRIVE has announced the final close of its third fund — STRIVE III — at over $100 Mn to continue its investment spree in India, Southeast Asia and Japan.
Department of science and technology (DST), government of India, along with Intel India and Society for Innovation & Entrepreneurship (SINE)-IIT Bombay has announced the third edition of Plugin, a one-year collaborative accelerator program for hardware and systems software startups.
Zone Startups India is enabling a department of science and technology (DST) seed fund support system for promising startups with a corpus of INR 5 Cr under the scheme National Initiative for Developing and Harnessing Innovations — Seed Support System (NIDHI-SSS)” of the DST.
Britannia Marie Gold has launched the second season of its annual ‘Britannia Marie Gold My Startup’ initiative which provides financial assistance to homemakers with entrepreneurial ideas.
Stay tuned for the next week edition of Funding Galore: Indian Startup Funding Of The Week!
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