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Indian Startup Funding Summary for October 2020 – October 5th to October 10th Week

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 $55 million. Apart from this several startups secured a decent round of investments which is summarized in this post. A total of close to $100M was disbursed for 21 startups in different rounds.

Indian Startup Funding Summary – October 5 to 10

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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