From BharatPe to MindTickle — Ten Indian startups raised over $825 million this week

The top 10 funding rounds this week amounted to $825 million this week (between August 2 to August 7).

Aug 7, 2021


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More unicorns in play

Two companies — BharatPe and MindTickle — entered the unicorn club (valued at more than $1 billion).

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BharatPe | Amount: $370 million

Merchants-focused payments company BharatPe entered the unicorn club this week. The round was led by US-based investor Tiger Global.

Credit: BharatPe

Infra.Market | Amount: $125 million

Construction material e-commerce platform Infra.Market raised $125 million in a Series D round led by Tiger Global, at a valuation of $2.5 billion.

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MindTickle | Amount: $100 million

MindTickle, a startup that helps small and large enterprises improve their sales, is the latest startup to enter the unicorn club. The company raised $100 million in Series E funding round led by SoftBank, at a valuation of $1.2 billion.

Credit: Canva | Amount: $74.15 million is a conversational customer experience automation platform that helps companies build chatbots and voice bots in more than 100 languages. It has raised $78.15 million in Series C led by WestBridge Capital along with Sapphire Ventures and Salesforce Ventures.

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Jupiter | Amount: $44 million

Indian neobank Jupiter has raised $45 million in the latest funding round led by Nubank Global Founders Capital. A neobank is a digital bank without any physical branches.

Credit: BCCL

Zeni | Amount: $34 million

Zeni is an artificial intelligence (AI) powered fintech platform that offers services like bookkeeping, accounting and taxation, among others.

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MoEngage | Amount $32.5 million

MoEngage, which helps companies like Domino's engage with their customers, raised $32.5 million this week to go big on their international expansion plans. It plans to set up offices in New York and Boston.

Credit: MoEngage

Toothsi | Amount: $20 million

Toothsi, which is a dental products company, has raised $20 million in a Series B funding round led by Eight Roads Venture. Think Investments and the Mankekar Family Office also participated in this round.

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Onsurity | Amount: $16 million

Onsurity, a tech startup that provides healthcare-related services for small and medium businesses (SMBs) and startups, raised $16 million led by Quona Capital.

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RenewBuy | Amount: $10 million

Digital insurance aggregator RenewBuy raised $10 million from Evolvence Capital to close a $55 million Series C round.

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These are some of the highest paid founders of Indian startups tapping capital markets this year