October 2020 has been a very encouraging month so far as it is raining ‘funding’ in the Indian startup space. Chennai based subscription management portal, Chargebee led the way with a whopping million.
Apart from this several startups secured a decent round of investments which is summarized in this post.
A total of close to 0M was disbursed for 21 startups in different rounds.
Indian Startup Funding Summary – October 5 to 10
- Chargebee: $55 Mn
- Uni: $18.5 Mn
- Winuall: $2 Mn
- Unnati: $1.7 Mn
- Disprz: $1.6 Mn
- Credit Wise Capital: $6 Mn
- Ergos: $5 Mn
- Treebo: $3 Mn
- NirogStreet: $2 Mn
- Livve: $1.5 Mn
- Krishitantra: $1 Mn
- Acculi Lab: $684K
- Monet Network: $500K
- Genrobotics: $342K
- Gourmet Garden: Undisclosed
- Bambrew: Undisclosed
- MikeLegal: Undisclosed
- Omnify: Undisclosed
- Unocoin: Undisclosed
- PakkaProfile: Undisclosed
- Pesto Tech: Undisclosed
Chargebee Leads the Way with $55M in Series F Round
Great news awaited the Chennai based subscription management startup, Chargebee which raised $55 million.
Investors: Insight Partners, Tiger Global and Steadview Capital
Amount:
Round: Series F
What’s the Funding For: Platform improvement, diversify with new solutions for complicated revenue models.
Credit Wise Capital
Investors: Insight Partners, Tiger Global and Steadview Capital
Amount:
Round: Series F
What’s the Funding For: Platform improvement, diversify with new solutions for complicated revenue models.
Ergos
Investors: Chiratae Ventures and Aavishkaar Capital
Amount:$5 million
Round: Part of larger round of $10M
What’s the Funding For: NA
Uni
Investors: Lightspeed India Partners and Accel Partners
Amount: $18.5 million
Round: NA
What’s the Funding For: Platform improvement, diversify with new solutions for complicated revenue models.
Credit Wise Capital
Investors: Mayank Shah, MJ Shah Group
Amount: $6 million
Round: Seed
What’s the Funding For: Improve deal networks, increase presence in different locations, enhance technology for collection
Treebo
Investors: Matrix Partners India, SAIF Partners, Bertelsmann India Investments, and Ward Ferry
Amount: $3 million
Round: Series D
What’s the Funding For: Improve presence and upkeep of current inventory
Nirog Street
Investors: Wavemaker Partners and Amand Ventures
Amount: $2 million
Round: Pre Series A
What’s the Funding For: Improve penetration, technology core and supply chain modernization
Winuall
Investors: Prime Venture Partners, Beenext, LivSpace’s founder Ramakant Sharma
Amount: $2 million
Round: Series D
What’s the Funding For: Improve team strength and product features
Disprz
Investors: Auctus Capital
Amount: $2 million
Round: NA
What’s the Funding For: Improve platform growth and skill factors
Livve
Investors: Undisclosed
Amount: $1.5 million
Round: Seed
What’s the Funding For: NA
Unnati
Investors: Nabventures Fund
Amount: $1.7 million
Round: Pre-Series A
What’s the Funding For: Improve tech platform and crop footprint
Krishitantra
Investors: Nabventures, Omnivore
Amount: $1 million
Round: Seed
What’s the Funding For: Expansion on national and international markets
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