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Time of India
02-08-2025
- Business
- Time of India
ETtech Deals Digest: Startups raise $126 million this week, down 35% on-year
ETtech ETtech Academy Empower your mind, elevate your skills ETtech ETtech Startups raised around $125.7 million during the week of July 26 to August 1, marking a 34.6% decline from the $192.1 million raised during the same period last year, according to data from funding amount declined from the previous week as well, dropping 40.5% from $211.3 activity, too, declined this week on a year-on-year (YoY) basis, with 17 transactions recorded during the period, compared to the 45 deals seen in the corresponding week last intelligence startup Safe Security raised $70 million in a funding round led by Avataar Ventures, with participation from Susquehanna Asia Venture Capital, NextEquity Partners, and Prosperity7 kitchen operator EatClub, which runs brands like Box8 and Mojo Pizza, raised around $22 million in funding led by existing investors Tiger Global, A91 Partners, and 360 One Asset Management. Metaforms raised $9 million in a funding round led by Peak XV Partners, with Nexus Venture Partners and Together Fund gaming platform Stan raised $8.5 million in a funding round from a clutch of investors, including Japanese gaming firms, Google, and Nazara Technologies Edtech startup Arivihan, which offers automated, personalised coaching for school students, raised $4.17 million in a funding round led by Dutch investment firm Prosus and Silicon Valley-based venture capital (VC) firm Accel
Time of India
04-07-2025
- Business
- Time of India
ETtech Deals Digest: Startups raise $221 million this week, down 45% on-year
Academy Empower your mind, elevate your skills Startups raised around $221.4 million during the week of June 28 to July 4, marking a 45.1% drop from the $403.1 million raised during the same period last year, according to data from amount also marked a 19.9% decrease over the $276.3 million raised last activity, too, remained muted this week, with 19 transactions recorded during the period. This was less than half of the 48 deals seen in the corresponding week last year.: Business-to-business (B2B) ecommerce marketplace Jumbotail raised $120 million in a funding round led by SC Ventures, the investment arm of financial services company Standard Chartered. The Bengaluru-based company is now valued at over $1 billion on a post-money basis, becoming the fifth startup to enter the unicorn club in 2025.: AppsForBharat, the parent company of devotional platform Sri Mandir, raised $20 million in a funding round led by Susquehanna Asia Venture Capital. The round also saw participation from other existing investors, Nandan Nilekani's Fundamentum, Elevation Capital, and Peak XV Partners.: Egg-focussed consumer brand Eggoz raised $20 million in a funding round led by Gaja Capital. Existing backers IvyCap Ventures, Rebright Partners, Avaana Capital, Merisis Opportunities Fund, Nabventures, Blue Dot Capital, and Artek Chemicals also participated in the round.: Lab-grown diamond jewellery company Aukera raised $15 million in its latest funding round led by Peak XV Partners. Existing investors Fireside Ventures, Sparrow Capital, Prath Ventures, and Alteria Capital also participated in the round.
