Corporations in seed, early and late phases had raised about $147 million from 33 rounds throughout March 2 to March 8, 2023, as per knowledge from Tracxn.
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The highest three most energetic buyers through the week had been Elev8 Enterprise Companions, Alpha Wave and Panthera Progress Companions.
ETtechEarly-stage funding – at $69.5 million – accounted for about 57% of the general deal worth this week, adopted by the late stage at $47 million, or 38.8%.
Sequentially, funding was down 46% from the earlier week when startups raised $226 million throughout 12 rounds.
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ETtechPrime offers this week: IDfy: Mumbai-based id verification and digital onboarding platform Idfy has raised $27 million (about Rs 224 crore), in a mixture of main and secondary funding, from Elev8 Enterprise Companions together with its restricted companions and associates.
Hunch: Social media startup Hunch has raised $23 million in a funding spherical led by US-based Alpha Wave and South Korea-based Hashed Emergent.
Rozana: Rural commerce startup Rozana has raised $22.5 million (about Rs 186.5 crore) in funding led by Bertelsmann India Investments, together with participation from Hearth Ventures and its present buyers.
ETtechZetwerk: Contract manufacturing startup Zetwerk has raised $20 million (about Rs 166 crore) in contemporary investments from enterprise debt and personal fairness agency Wheelhouse Enterprise Capital. Rakesh Gangwal, the cofounder of Indigo Airways, made the funding by the enterprise agency, Zetwerk stated.
Foxtale: Direct-to-consumer (D2C) skincare agency Foxtale Shopper has raised about $14 million (Rs 120 crore) in contemporary fairness funding led by Singapore-based Panthera Progress Companions.
