Funding raised by Indian Startups in the last two weeks.


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Uploaded on Jul 3, 2020

PPT on Funding raised by Indian Startups in the last two weeks.

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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