#FundingAlert: 2 Unicorns and More than 30 Start-ups Raise Fundingin March 2019! Just third month of the year, and 2 start-ups hit the billion mark becoming unicorns

By Bhavya Kaushal

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The week of March was not an ordinary month for the Indian start-up community. Just third month into the year and 2 start-ups hit the billion mark becoming unicorns. Delhivery and BigBasket grabbed eyeballs for crossing the billion-dollar mark. Apart from these two, start-ups that grabbed eyeballs in the second half of the month are:

First half of March saw 11 start-ups raising funding.

Company-Healofy

Sector-Healthcare

Fund Raised-$8 million

Round of Funding- Fresh Funding

Investors- BabyTree Group, BAce Capital, Omdiyar Network India

Company-Innoviti

Sector-Fintech

Fund Raised-$11.5 million

Funding Source-Debt Funding

Investors- Trifecta Capital and other NBFCs

Company-Stanza Living

Sector-Student Rental

Fund Raised-$4.4 million

Round of Funding- Venture Debt

Investors- Alteria Capital

Company-Zivame

Sector-Retailer

Fund Raised-INR 60 crore

Round of Funding-Bridge Funding

Investors-Zodius Technology Fund

Company-DeHaat

Sector-Agritech

Fund Raised-$4.3 milliom

Round of Funding-Pre-Series A

Investors- Omnivore, Pankaj Chaddha

Company-PhonePe

Sector-Fintech

Fund Raised-INR 743 crore

Round of Funding- Fresh Funding

Investors- PhonePe Pvt Ltd

Company-Bonito

Sector-Design

Fund Raised-$6.3 milliom

Round of Funding-Pre-Series A

Investors-Tomorrow Capital

Company-Oxfordcaps

Sector-Student Rental

Fund Raised-$8 million

Round of Funding-Series A

Investors- Times Internet, Kalaari Capital, 500 Start-ups

Company-Beat O

Sector-Healthcare

Fund Raised-$1.6 million

Round of Funding- Pre-Series A

Investors- Orios Venture Partners, Blume Ventures, Leo Capital

Company-Tookitaki

Sector-Technology

Fund Raised- $7.5 Million

Round of Funding- Series A

Investors- Illuminate Financial, Jungle Ventures, Enterprise Singapore, Supply Chain Angels and VWX Capital

Company-Bounce

Sector-Bike Rental

Fund Raised- $12.2 million

Round of Funding- Series A

Investors- Sequoia India, Accel Partners and Raghunandan G, Founder of TaxiForSure

Company-HalaPlay

Sector-Online Gaming

Fund Raised- $5.8 Million

Round of Funding- Series A

Investors- Nazara Technologies and Delta Corp

Company-InstaReM

Sector-Fintecn

Fund Raised- $ 41 million

Round of Funding-Series C

Investors- Vertex Growth Fund, Atinum Investment

Company-BYJU's

Sector-Edtech

Fund Raised-$31 million

Round of Funding-Series F Round

Investors- Tencent

Company-Furlenco

Sector-Furniture Rental

Fund Raised- $5.84 Mn

Round of Funding- Series C

Investors- Lightbox Ventures, Crescent Enterprises and others.

Company-BigBasket

Sector- Grocery

Fund Raised-$150 million

Investors-Alibaba, Mirai Asset, CDC Group

The month also saw Venuelook and Coin DCX raise funding but the amounts were undisclosed. Transport Hub and Mayfair raised seed funding.

Bhavya Kaushal

Former Features Writer

I am a work-in-progress writer and human being. An English graduate from Delhi University, writing is my passion and currently, I was Entrepreneur India's start-up reporter. I love covering start-ups and weaving their stories into unforgettable tales with the power of ink! 
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