IBGrid: Funding and M&A Solutions in 120 Days’ Post

Last Week Funding & M&A Updates (23 - 28 Sep) 🚀 Funding Highlights: - 29 startups raised around $461 million. - 10 growth-stage deals and 18 early-stage deals. - 1 startup kept the transaction details undisclosed. 🌟 Growth-stage Deals: - 10 startups raised $397.7 million. - Whatfix spearheaded its $125 million funding round. - M2P Fintech raised $101.8 million. - Followed by Qure.ai, HomeLane, AdOnMo, and Atlys with $65 million, $27 million, $25 million, and $20 million in funding respectively. 🌱 Early-stage Deals: - 18 startups secured funding worth $63.32 million. - Nurix AI led the list. - Two Point O Capital, Ahammune Biosciences Pvt. Ltd., CoRover, and The Health Factory followed. 🏙️ City-wise Deals: - Bengaluru led with 17 deals. - Followed by Delhi-NCR, Mumbai, Chennai, Hyderabad, and Pune. 📈 Segment-wise Deals: - AI startups topped with 5 deals. - E-commerce, Fintech, SaaS, Food and Beverages, Adtech, and Automotive Tech startups followed. 🔍 Series-wise Deals: - Seed funding led to 10 deals. - Followed by 4 pre-seed, 3 Debt, 3 Series A, and more. 📉 Funding Trend: - Weekly startup funding dropped by 9.29% to $461.02 million compared to $558.24 million the previous week. - 8-week average: $402.67 million with 28 deals per week. 💡 Fund Launches: - Optimistic Capital launched a Rs 200 crore fund focused on microbreweries. - Tribe Capital and Oister Global launched a $500 million secondary fund for the next two years. - SCOPE established a $50 million VC fund for fintech and gaming startups. - Suresh Sambandam, founder of Kissflow, introduced MudhalVC to support idea-stage startups in Tamil Nadu. 💼 M&A: - Zaggle acquired a controlling stake in TaxSpanner. - Loco was acquired by UAE-based Redwood. - HomeLane made an offer to acquire DesignCafe. - Redcliffe Labs plans to acquire Celara Diagnostics. As the funding landscape continues to shift, staying informed is crucial. If you're exploring fundraising or M&A opportunities, the IBGrid team is here to help businesses like yours Reach out to us at connect at hi@ibgrid.com. #IndianStartups #Investments #weeklyupdates #mergersandacquisitions #fundraising #InvestmentBanking

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