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Startup Funding Summary for Week (15th to 20th Jan)

Growth Stage Companies Fueling Their Expansion

Wow! Momo and OneCard raised $56.56 million in this service.

  • Wow! Momo raised around Rs 350 Crore or $42.16 million in a Series D round led by Khazanah Nasional Berhad.

  • Venture debt fund Alteria Capital has made a significant investment of INR 120 crore (approximately $14.4 million) in FPL Technologies, the parent company of fintech unicorn OneCard.

Early Stage Companies Raising Fund To Innovate Products and Increase Customer Base:

  • Fintech startup FinAGG Technologies raised $11 million from Tata Capital, Blue Orchard, SIDBI, Prime Venture Partners, and Gray Matter Capital.

  • Aquaculture technology startup AquaExchange raised $6 million from Ocean 14 Capital, Endiya Partners, and Accion Venture Labs.

  • EV startup ALT Mobility raised $6 million from Shell Ventures, Eurazeo, EV2 Ventures, Twynam, UC Inclusive, Piper Serica, Pitchright, and LetsVenture.

  • Manufacturing automation startup Groyyo raised $5.4 million from Lighthouse Canton and Trifecta Capital.

  • StockGro Raises Rs 205 Crore in Debt Funding from Trifecta Ventures and Hindustan Media Ventures

  • TABPS Pets Secures Rs 6.5 Crore in Funding for Expansion and Innovation in Ayurvedic Pet Nutrition

For all above funding articles please read here Startup News

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