TheNFAPost Podcast
2

Amritsar, NFA Post: About $212 million were invested in 20 Indian startups during the week ended Oct 31.

The week saw a total of 24 startups raise funding, with FreshToHome securing the highest investment of about $121 million, followed by $15 million raised by InVideo.

Summary of deals closed during Oct 26-31

FreshToHome: Bengaluru-based online fresh fish and meat retailer FreshToHome raised $121 million in Series C round of funding.

The funding round was led by Investment Corporation of Dubai, Ascent Capital, U.S. Government’s development finance institution (DFC) and the Allana Group.

InVideo: In its Series A funding round, video production and editing platform InVideo bagged $15 million.

The funding round was led by Sequoia Capital India, and also participation from Tiger Global, Hummingbird, RTP Global and Base.

Jumbotail: As part of Series B funding round, online wholesale marketplace for food and groceries Jumbotail has raised about $11 million. The investment round was led by Heron Rock.

BetterPlace: In its Series B funding round, blue collar workforce management platform BetterPlace has raised $10 million.

The funding round was led by Jungle Ventures, and existing backers including Unitus Ventures, 3One4 Capital, and Venture Highway also participated.

Arzooo: B2B retail tech startup Arzooo that engages in powering physical retail stores to compete against e-commerce marketplaces has secured $7.5 million in its Series A funding round led by Indus Age Partners and 3Lines Ventures.

Pagarbook: Employee management app Pagarbook has secured around $7 million in its Series A funding round led by existing investor Sequoia’s Surge.

Pyxis: In a Series A funding round led by Chiratae Ventures, marketing-cloud startup Pyxis has secured $7 million. This round also saw participation from Pi Ventures and Exfinity Venture Partners.

GetVantage: In a seed funding round, fintech platform GetVantage has raised $5 million, which was a mix of equity and debt funding from Chiratae Ventures and Japan-based Dream Incubator.

Origo: Agritech supply chain and trade finance startup Origo has secured $4.7 million in debt from Northern Arc Capital and other investors.

CredAble: Supply chain finance startup CredAble has raised $4.5 million in a follow-on funding round from its founders and existing investors including Oaks Asset Management and V’Ocean Investment.

Hubilo: Virtual events platform Hubilo has secured $4.5 million in a seed funding round led by Lightspeed Partners.

Teachmint: Edtech startup Teachmint has raised $3.5 million in a seed funding round led by Lightspeed India.

Existing investors Better Capital and Titan Capital also participated in the funding round.

Credgenics: In a seed funding round, bad loans recovery-focussed platform Credgenics has raised $3.3 million from Titan Capital and others.

Freshokartz: In pre-Series A round of funding, agritech startup Freshokartz has raised $1.4 million from  Rajasthan Venture Capital Fund (RVCF) and Achieving Women’s Equity (AWE) Funds.

BharatAgri: In Pre-Series A funding round, personalized agri-advisory platform BharatAgri has secured $1.2 million.

The funding round was led by Binny Bansal backed 021 Capital. Existing investors India Quotient, Better Capital and Quest Global COO Ajay Prabhu also participated in the round.

Peel Works: Taikee, the retail management platform of Peel Works’, has raised venture debt of around $1 million from BlackSoil Capital. Taikee has also secured working capital to the tune of $2 million from others, including key suppliers.

Svami: Non-alcoholic beverage maker Svami has secured $870,000 in a round led by Mumbai Angels Network.

Biddano: B2B healthcare product distribution platform Biddano has raised $670,000 in a pre-Series A funding round led by startup incubator and accelerator Venture Catalysts.

Railofy: Online ticket booking services app Railofy has raised $540,000 from Roots Ventures, Astarc Ventures and Better Capital.

Janani: Healthcare startup Janani has secured $200,000 in a pre-seed funding round led by 9Unicorns.

Undisclosed deals this week

Financial details of deals closed by Nykaa, Finelistings, Agrix, and Wellversed were not disclosed.

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