Indian startups Funding in this week (20 July-25 July)

Ather Energy: Electric scooter manufacturer Ather Energy has raised Rs.83 Crores as a part of its Series C funding round from the existing backer, Hero MotorCorp.

InCred: Fintech platform that provides consumer and MSME loans, InCred has raised Rs.493 Crores in a debt funding round from various public sector banks and public financial institutions.

Jodo: Fintech startup Jodo has raised Rs. 28 Crores in its seed funding round from Matrix Venture Partners, SAIF Partners and a clutch of angel investors.

Bijnis: Business-to-business marketplace for unorganised retail segment, Bijnis has raised Rs. 74 Crores in its Series A round from Sequoia, Matrix Partners and its existing investors WaterBridge Ventures and Info Edge.

VeGrow: Bengaluru-based agritech startup, VeGrow has raised Rs. 18 Crores million in a seed funding round led by Matrix Partners and Ankur Capital. Better Capital, Titan Capital, Sanjiv Rangrass, Ramakant Sharma, and Amit Lakhotia also participated.

Sibros: Silicon Valley and Pune-based startup that is focussed on connected vehicle software, Sibros has raised Rs. 89 Crores  in a Series A funding round led by Nexus Venture Partners.

MPowered: Asset management services provider to real estate owners, MPowered has raised Rs. 156 Crores   in its pre-Series A funding round from a group of US-based high-net-worth individuals.

 

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