This week, startups raised funds through 20 deals, compared to 35 deals in the year-ago period, when they raised a total of $189 million, according to data from Tracxn.
Top deals of the week
Haldiram Bhujiawala: Kolkata-based snack brand Haldiram Bhujiawala raised Rs 235 crore from private equity investor Bharat Value Fund (BVF), managed by financial services firm Pantomath Capital Management, in exchange for a minority stake.
Boldfit: Direct-to-consumer (D2C) brand of fitness products, Boldfit, raised Rs 110 crore from venture capital firm Bessemer Venture Partners. The startup backed by cricketer KL Rahul will use the funds to enhance product innovation and expand its brand presence.
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CynLr: Visual robotics platform CynLr (Cybernetics Laboratory) raised $10 million in a funding round led by Pavestone and Athera Venture Partners (formerly Inventus India).
Discover the stories of your interest
Marut Drones: Hyderabad-based drone technology startup Marut Drones raised $6.2 million in Series A funding from India-focused investment firm Lok Capital.