HealthTech startup Practo has raised $32 million in a Series D round to expand its digital healthcare services. Practo aims to use the funds for technological advancements and broadening its range of offerings. The investment was led by private equity firm AIA Group, along with some existing investors. Practo has plans to enhance its telemedicine capabilities and foster greater accessibility to healthcare.
Unacademy, an Indian edtech firm, recently raised $120 million in a fresh funding round led by SoftBank. This infusion is expected to enhance the company's content and expand its global footprint.
During the week, 24 Indian startups raised around $228.79 million in funding. These deals count 6 growth-stage deals and 13 early-stage deals while 5 startups kept their transaction details undisclosed. During the last week, 26 early and growth-stage startups cumulatively raised $421.29 million in funding. [Growth-stage deals] Among the growth-stage deals, 6 startups raised $182.65 million in funding this week....
Practo, a digital healthcare start-up, garnered $55 million in Series D funding. The company aims to use the funds to broaden its telehealth offerings and improve technological infrastructure.
BYJU'S, the leading EdTech company in India, has secured $200 million in a new funding round. The capital infusion aims to enhance the company's product portfolio and expand its market presence. The investment round was led by existing investors, showing continued confidence in BYJU'S growth potential. This funding will also support technological advancements and strategic acquisitions.
DeHaat, an agritech platform, raised $30 million to boost its technology and services for farmers. The company plans to expand its reach and enhance its digital capabilities.
Meesho, the social commerce platform, has secured $300 million in a funding round led by SoftBank Vision Fund 2. The investment boosts Meesho's valuation to $2.1 billion, cementing its position in the market. The funds will aid Meesho in expanding its geographical reach and improving its product suite. The platform aims to support small businesses and entrepreneurs across India.
DeHaat, an agritech startup, has garnered $115 million in a Series D round to enhance its technology platform and expand its farmer network. The round was led by Sofina and Lightrock India. The company plans to use the funding to scale its operations and invest in new technological solutions. DeHaat aims to support over five million farmers by 2024 with this fresh influx of capital.
Nykaa, a fashion e-commerce platform, raised $25 million in a new funding round led by Steadview Capital. The investment will fuel its growth plans and enhance customer experience initiatives.
Delhivery, a logistics start-up, raised $125 million to improve its delivery and supply chain capabilities. This capital will assist in expanding its logistics network and technological advancements.
BharatPe, a fintech platform, has raised $90 million in a Series C funding round. The investment will fuel its rapid expansion plans and bolster its financial services ecosystem.