Uploaded on Jul 3, 2020
PPT on Funding raised by Indian Startups in the last two weeks.
Funding raised by Indian Startups in the last two weeks.
FUNDING RAISED BY INDIAN STARTUPS IN THE LAST TWO WEEKS INTRODUCTION • There is a positive uptick for the Indian start-up ecosystem as the investments into these young companies have doubled. Image source: The financial Express INVESTMENT IN EDTECH • The edtech unicorn Byju’s received a strong note of endorsement from a leading Silicon Valley-based investor. Image source: YourStory COMPARISION • The fourth week of June witnessed investments into start- ups at $65.32 million. • It is as compared to $31 million a week before registering a growth of 110 per cent. Image source: The Economic Times NEW ERA FOR START-UPS • This is certainly a relief for the start-ups in India. • Funding had fallen to a new low of around $30 million level in the second and third week of June. Image source: The financial Express DEAL OF THE WEEK • The week saw 11 deals with an equal split between early and growth stages. • This has been the noticeable trend over the last three months ever since the spread of corona virus pandemic Image source:Bloomberg KEY DEAL • Gurugram-based financial technology company Aye Finance has raised Rs 210 crore in Series E funding. • With this fresh investment, Aye’s total equity funding since inception exceeds Rs 690 crore. Image source: Money Control KEY DEAL • The round includes participation from Aye’s existing investors – LGT Lightstone – Falcon Edge Capital – A91 Partners – MAJ Invest. Image source: Money Control Other deals • Fullife Healthcare sells sports nutrition supplements through a brand called Fast&Up. • It has raised Rs 50 crore in a funding round led by Singapore-based Amansa Capital. Image source: Express computer Other deals • Rakesh Jhunjhunwala-backed company has raised an estimated Rs 100 crore so far. • Existing investors including Jhunjhunwala and Sixth Sense Ventures also participated. Image source: The financial Express THANK YOU
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