Stay Updated: This Week’s Top News Stories Inside

Stay updated with our weekly round up of funding and M&A news, bringing you the latest from the startup ecosystem.


Startup Funding Summary


FlexiLoans

Mumbai-based fintech firm, has raised $35 Mn in Series C funding from Accion, Nuveen, Fundamentum and Maj Invest

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Centricity

Gurugram-based fintech startup, has raised $20 Mn in Seed funding from Lightspeed, Burman Family Office, Shantanu Agarwal, Paramark VC, MS Dhoni Family Office, Aakash Chaudhry, NB Ventures Family Office, Ritesh Agarwal, MMG Group Family Office and Action Tesa Family Office

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AppsForBharat

Bengaluru-based devotional app, has raised $18 Mn in Series B funding from Fundamentum, Susquehanna Asia VC, Elevation Capital, Peak XV and Mirae Asset VC

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Nestasia

Kolkata-based home decor & lifestyle brand, has raised $8 Mn in a funding from Susquehanna Asia VC, Stellaris Venture Partners and other HNIs

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Clean Electric

Bhopal-based EV startup, has raised $6 Mn in Series A funding from Info Edge Ventures, pi Ventures, Kalaari Capital, Lok Capital and other HNIs

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M&A Snippets


Mumbai-based media and gaming firm Nazara Technologies has acquired 15.8% stake in Bengaluru-based e-sports startup Stan for $2 Mn

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New Delhi-based e-commerce enabler GoKwik has acquired Bengaluru-based shopify app Return Prime for an undisclosed amount

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