• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Wednesday, July 9, 2025
  • Login
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home Business

Weekly Startup Funding Roundup (October 17 to 21)

by Thomas Babychan
October 22, 2022
in Business, India News, Markets, News, Startups, Tech
Reading Time: 2 mins read
0
Weekly Funding Roundup (June 6- June 10)
TwitterWhatsappLinkedin

Tides changed for the Indian startup ecosystem this week as Venture capital funding for startups witnessed a massive jump when compared to previous weeks. The massive jump in funding was supported by a funding round of tech giant Byjus and other tech-based startups.

You might also like

Grok 4 Launching Today, Musk Confirms

Passkeys – How Secfense Is Reinventing Workforce Authentication?

New Academic Studies Allege Uber’s Opaque Algorithm Systematically Boosts Profits at Expense of Drivers and Passengers

High inflation rates and increasing interest rates imposed by central banks all over the world triggered a funding winter in the Indian startup ecosystem as new-age companies found it difficult to raise money. Venture capital investors and high-net-worth individuals were highly conscious about investing in tech-based startups.

Even though newly established ventures continued to catch the eyes of investors, ventures which are already established and in their second or third round of funding were undesirable options for investors.

Latest reports suggest that startup companies in India raised 419 million in the past week from 21 funding deals. When compared to previous weeks, this is a massive jump in funding. In the previous week, the Indian startup ecosystem witnessed a total venture capital funding of 97 million dollars.

Major Funding Deals

BYJU’s – Indian ed-tech unicorn company based in Bengaluru raised 250 million dollars in a funding round led by the sovereign fund of the Qatar government, Qatar Investment Authority, and other investors. Details of other participants in the funding round are currently not available.

Ather Energy – Electric Vehicle startup company, Ather Energy raised 50 million dollars in a funding round led by Caladium Investments. The funding round also saw the participation of Herald Square Ventures. Caladium Investment is already an existing investor in Ather Energy which focuses on manufacturing electric scooters.

Soothe Healthcare – The healthcare manufacturing company based in Noida raised 150 crores rupees in a funding round led by US International Development Finance Corporation (DFC). US IDFC is a financial institution under the US government which supports projects and development in lower and middle-income countries.

The funding round also saw the participation of investors such as A91, Symphony, Sixth Sense Ventures, and GII.

Snapmint – Fintech startup company that focuses on providing buy now pay later services to customers raised 21 million dollars in a funding round led by Northern Arc Capital and HNIs. The funding round also witnessed the participation of institutions such as Kae Capital, 9 Unicorns, Anicut Capital, and Negen Capital.

GlobalFair – B2B startup raised $20 million from Lightspeed Venture Partners, Saama Capital, India Quotient, AUM Ventures, and Stride Ventures.

RevFin – EV Financing platform raised $10 million led by Green Frontier Capital and existing investors.

Tweet54SendShare15
Previous Post

“Do Kwon”, Cryptocurrency Terrea’s founder is Sociopath, says whistleblower.

Next Post

Polkadot Co-Founder Gavin Wood Steps Down From CEO Role at Blockchain’s Builder

Thomas Babychan

Thomas Babychan is an experienced business and economic journalist with a focus on international trade, stock market, banking, and multilateral organizations. He also has expertise in international relations and diplomacy.

Recommended For You

Grok 4 Launching Today, Musk Confirms

by Sneha Singh
July 9, 2025
0
Grok 4 Launching Today, Musk Confirms

Elon Musk has officially revealed that xAI's much-awaited Grok 4 model will debut today, July 9, with a live-stream launch scheduled at 8 PM Pacific Time. The confirmation...

Read more

Passkeys – How Secfense Is Reinventing Workforce Authentication?

by Rohan Mathawan
July 9, 2025
0
Passkeys – How Secfense Is Reinventing Workforce Authentication?

What Are Passkeys — And Why They Matter Passkeys rely on public‑key cryptography - a private key is securely stored on a device, while a matching public key...

Read more

New Academic Studies Allege Uber’s Opaque Algorithm Systematically Boosts Profits at Expense of Drivers and Passengers

by Anochie Esther
July 9, 2025
0
Uber

Uber, the global ride-hailing giant, is once again facing intense scrutiny over its pricing practices. Two independent academic studies, one from the prestigious Columbia Business School in the...

Read more
Next Post
Gavin Wood promised to personally contribute $5 million, if Ukraine gets DOT address

Polkadot Co-Founder Gavin Wood Steps Down From CEO Role at Blockchain's Builder

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at [email protected]

Advertise With Us

Reach out at - [email protected]

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook flipkart funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News NFT samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2024 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2024 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?