![Funding and acquisitions in Indian startups this week [05-10 Dec]](https://newzpad.com/wp-content/uploads/2022/12/newzpad-177.jpg "Funding and acquisitions in Indian startups this week [05-10 Dec]")
This week, 27 Indian startups raised funding of which 23 received a total of about $253 million. HealthKart and RENEE Cosmetics were the top fundraisers which scooped up $135 million and $25 million respectively. Last week, 26 homegrown startups raised funding worth about $233.2 million.
Meanwhile, the funding details of four startups remained undisclosed.
Growth/late-stage deals
This week, six growth-late stage startups raised funding. The list includes HealthKart’s $135 million round, RENEE Cosmetics, CropIn, Virohan and Intello Labs among others.
Details of the 27 funding rounds can be found here.
Early-stage deals
In the early-stage, 21 startups have raised funds including four undisclosed rounds. Edtech startup Uolo was on top of the list with a $22.5 million Series A round. The list also includes consultancy firm Uniqus, Virgio, Vidyut, Yellow Metal and Accacia among others.
Undisclosed deals
BonV Aero, Nanoclean Global, GoPllay, and Mild Cares did not disclose their financial details.
City and segment-wise deals
This week, Delhi-NCR-based startups were on top in terms of the number of startup deals and the amount raised by them. According to Fintrackr’s data, 15 Bengaluru-based startups have raised funds this week amounting to $184 million or 72.74% of the total funding. During the week, Bengaluru-based startups raised $29.46 million across 8 deals.
The complete breakdown of deals across cities and segments in the first half can be seen below:
D2C brands were the top segment in terms of the number of deals as startups in this space raised $170 million across three deals. Agritech, EV, fintech, SaaS and healthtech startups were next on the list.
Acquisitions
Apart from fundraising, the week also saw two acquisitions. The list includes the acquisition of D2C brand OZiva by HUL and Tweak India by The Good Glamm Group.
Fund Launches
This week also saw two fund launches of Blume Ventures’ $250 million and LegalPay’s $2 million fund.
*Back next week with another deal roundup
Source @Entrackr
