Get All Access for $5/mo

Weekly Funding Roundup – Startups That Got Lucky This Week! India funding turns stable!

By Sneha Banerjee

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.


According to a latest report published by CB Insights and KPMG last week, Q3 saw VC-backed funding, down14 percent and $24.1 billion invested across 1,983 deals globally, representing a very slight deal increase from the previous quarter.

However, India on the other hand had reasons to cheer! The third quarter saw stability return to the funding environment. Domains like fintech, heath-tech, and other consumer tech areas have received the warmth of investor support.

"The investment environment in India is becoming stable with clearer business models emerging in the startup ecosystem," says Partner, E-Commerce and Startups at KPMG, Sreedhar Prasad. "Though the speed of investments have not increased, we see a clear interest by investors in the payments space as well as in the health-tech sector," he added.

This week saw stocks of major technology giants like Infosys and Tata Consultancy tumble, an interesting mix lot of technology-based startups managed to receive investors' support.

Vernacular news aggregator DailyHunt raised $25 million of fresh funds from Chinese content provider ByteDance. News-based startup has raised $1.5 million amount of seed funding from an undisclosed investor on Friday.

Bengaluru-based women's health app Maya, raised an undisclosed round of funds from Rajan Anandan, vice-president, Google, Southeast Asia and India.

Postman, the platform that helps developers build, test, document, and share their APIs at a faster pace, raised $7 million in funding from Nexus Venture Partners.

Adventure travel startup Deyor Adventures, which owns and operates camp site aggregator Deyor Campus, has raised $500,000 from a bunch of early-stage investors.

U.S. private equity giant KKR via its pan-Asia investment platform Emerald Media decided to pump in $50 million of investments in YuppTV, a home-grown content provider for the India diaspora which provides content provider for South Asian Content, as live TV, Catch-up TV, and Unlimited Movies

Indian Oil Corp has launched a Rs. 30 crore fund to promote startups and hone innovation in the oil and gas sector.

Sneha Banerjee

Entrepreneur Staff

Former Staff, Entrepreneur India

She used to write for Entrepreneur India from Bangalore and other cities in South India. 

Growing a Business

3 Branding Strategies That Will Make Any Brand Stand Out

Here's how to differentiate your brand in three essential steps — understanding your unique selling proposition, leveraging storytelling, and valuing feedback.


Academic Excellence Is Not Necessary for Success in Life: Hear from the Founder of this Exciting New Digital Education Platform.

Many educational platforms are emerging these days to help people qualify for various types of entrance examinations. But what about the students who don't want to take the traditional path, the ones who don't rank among the top 10 in the classroom yet still aim high in life?

Growing a Business

The Top 5 AI Tools That Can Revolutionize Your Workflow and Boost Productivity

Discover the top 5 AI tools for marketing and content creation that every marketer needs to know.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

How to Build a Successful Startup, According to an Investor Who Made Early Bets on Twitter, Lyft, and Twitch

He's found a few patterns after nearly two decades of investing in startups.

Science & Technology

No More ChatGPT? Here's Why Small Language Models Are Stealing the AI Spotlight

Entrepreneurs can leverage this growing tech to create innovative, efficient and targeted AI solutions.