Here are all the startups that raised funding in July

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  • There was barely any big ticket funding and the focus of investors seemed to be on early stage startups.
  • Over 60 startups raised money in the month, however, most of the funding was concentrated in the seed round.
  • Here are the top startup fundraisings in July according to data intelligence firm Tracxn.
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The month of July continued to see startups raise funds. Over 60 startups raised money in the month, however, most of the funding was concentrated in the seed round. It seemed like early stage startups took investor attention as 44 seed-stage startups got cheques from investors.

Here are the top startup fundraisings in July according to data intelligence firm Tracxn.

Company NameLatest Funded Amount (USD)
Zolo56,000,000
MPOWERED21,000,000
Zetwerk20,754,700
BulBul8,700,000
Hevo8,000,000
FlintoClass7,200,000
Magic Pin7,000,000
Blu Smart5,000,000
Entri3,055,500
Treebo Hotels3,000,000
Muse Wearables2,944,580
Vegrow2,500,000
Piggyride.in1,880,630
goDutch1,700,000
Big Bang Boom Solutions1,475,920
Ken421,459,730
Blue Sky Analytics1,205,310
Securden1,200,000
PlayShifu1,000,000
Yumlane1,000,000
BRB1,000,000
GigIndia974,709
Chingari939,169
Plum932,774
Gigforce805,002
ChitMonks650,000
Firescore500,000
Openapp500,000
Gobbly500,000
ReviewRewardz267,875
Mitron265,406
Wellcure200,000
ParkSmart199,723
Pickright175,000
HelpNow125,000
WYN Studio66,968
1mg26,547


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Zolo stays, the Bangalore based co-living brand, was the top funded startup of the month. On 7th July 2020, Zolostays raised $56 Million in a Series C round led by Investcorp, Nexus Ventures Partners, Mirae Assets, Trifecta Capital among others. The funding round takes the total capital raised by the company to $90 million.

Muse Wearables, the hybrid smartwatch company from IIT Madras too raised $3 million. The startup was in the news for developing a COVID-19 wearable tracker.

Meanwhile, video sharing platforms also gained traction after the ban on TikTok in June-end. The Tiktok clone, Mitron, raised funds in early July, while Sharechat, which recently launched a video sharing platform Moj, is reported to have raised $40 million.

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Blockchain startup Chitmonks, was another interesting company to raise funds from Unicorn India Ventures. ChitMonks has developed a Blockchain-based product empowering the state government regulators to administer chit fund operations across the state on a private permissioned Blockchain network.

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