TheNFAPost Podcast

Weekly Funding (Oct 26, 2020)

Amritsar, NFA Post: Week ended Oct 24 saw 17 homegrown startups raise funding. Of the total 17 startups,  received a total amount of around $24 million.

Signzy bagged the highest funding by securing about $5.4 million, which was followed by $4.2 million raised by Slintel.

Summary of deals closed during Oct 19-24

Signzy: Digital KYC startup Signzy has secured an additional $5.4 million in its Series A funding round led by Arkam Ventures (Unitary Fund). The funding round also saw participation of existing investors.

Slintel: Marketing intelligence firm Slintel has raised $4.2 million in a funding round led by Accel.

Sequoia Capital India and existing backer Stellaris Venture Partners also participated in the round.

SoOLEGAL: Legal tech startup SoOLEGAL has bagged $4 million in a funding round led by private investors and family offices in India.

GoodGamer: Daily fantasy sports and gaming app GoodGamer has secured $2.5 million in its seed funding round led by an undisclosed group of investors.

Genius Teacher: In an angel round, Genius Teacher, a quiz-based edtech platform, raised $2 million from Abhijit Bose, Kunal Shah, Sandeep Tandon, Dhruv Agarwal, Justin Sway, Dan Lapus, Nimish Kampani, Gaurav Gupta, and Bikram Bedi, among others.

SUGAR Cosmetics: Mumbai-based makeup and cosmetics brand SUGAR Cosmetics has raised $2 million in debt round from Stride Ventures.

InnAccel: In pre-Series A round, medtech startup InnAccel has raised $1.5 million in pre-Series A round led by Mount Judi Ventures.

Krimanshi Feeds: Jodhpur-based startup working in the animal nutrition sector, has raised $680,000 from Rajasthan Venture Capital Fund (RVCF).

Supplynote: Noida-based supply chain automation platform Supplynote has raised $600,000 in a bridge funding round led by US-based SOSV and Australia’s Artesian Ventures.

Rare Planet: In a pre-Series A funding round, Kolkata-based Rare Planet has raised $470,000. The funding round was led by Uni-M Ventures and Venture Catalysts.

EzeRx: In its seed funding round, Kolkata-based medtech startup EzeRx has raised $230,000. The round was led by Odisha-based incubator KIIT-TBI.

HobSpace: Kids-focused extra-curricular activities organiser HobSpace has raised $200,000 in a seed round of funding led by early-stage micro venture capital firm Artha Venture Fund.

Undisclosed deals this week

Financial details of funding raised by Nykaa, Tring, Ahaguru, TagZ Foods, and Ultraviolette Automotive were not disclosed.

Previous articleTejas Networks Chosen for GLOTEL Award in Fixed Broadband
Next article2,346 Degrees Awarded During IIT Madras’ ‘Mixed Reality’ Convocation


Please enter your comment!
Please enter your name here