YourStory Media - Weekly funding roundup: Investments into startups touch $106 million during the week July 6-11, 2020
As per YourStory Media, the second week of July has been very eventful for the Indian startup ecosystem with total investments crossing the three figure mark of $100 million after a gap of nearly six weeks. This period also witnessed a leading edtech startup acquiring another upcoming company. The total funding during the second week stood at $106 million which was a 194 percent increase when compared to previous week when it was $36 million.
The following startups have raised the funds during the week July 6-11, 2020:-
1. Zolostays Zolo - US $56 mn
2. JetSynthesys Pvt. Ltd. - Rs 300 Cr
3. Specsmakers - Rs 23 Cr
4. Frontier Markets - $2.25 mn
5. PiggyRide - Rs 14 Cr
6. Blue Sky Analytics - $1.2 mn
7. GigIndia - Rs 7.3 Cr
8. Inspektlabs - $0.6 mn
9. Gobbly - $0.5 mn
10. Chai Waale - Rs 1.75 Cr
11. Brigade Real Estate Accelerator Program (REAP) - Undisclosed
12. NOTO - Undisclosed
13. Green Cure Wellness - Undisclosed
14. Earth EnergyEV - Undisclosed
15. Brainwired (Drakon Innovations Pvt ltd) - Undisclosed
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[Weekly funding roundup] Investments into startups touch $106 million
The second week of July has been very eventful for the Indian startup ecosystem with total investments crossing the three figure mark of $100 million after a gap of nearly six weeks. This period also witnessed a leading edtech startup acquiring another upcoming company.
