After a few weeks full of multi-billion dollar power for startups, funding has been received this week. While there was activity in the early stages, there were not many deals taking place in previous stages, according to data shared by Trackxn retailers of deals.
First of all, India’s online teaching platform Teach Mint has raised $ 16.5 million in its funding series. The round was led by big money company Learn Capital. Other participating investors include names like AngelList and Better Capital. Camp K12, which offers an online coding course, has raised $ 2.02 million in a seed cycle from Stride Ventures. Economic management company Nivesh has followed suit by investing $ 1.6 billion in seed funding from its Indian Angel Network Fund and other angel planters. The company will use the fund to expand its product portfolio.
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Another wealth management and advisory platform, Arthya and startup that provides an online network of fashion artists – 6Degree, has raised $ 1 million each. While Arthya is increasing support for angel investors like Rishi Kumar Bagla and Krishen Lal Khanna, 6Degree has raised its turn for investors like Keiretsu Forum, SucSEED Indovation and AngelBay.
Iobot Technologies, which provides IoT-enabled tracking solutions, has also raised $ 0.1 million in seed funding from GSF and angel planters such as Rajesh Sawhney, Pras Hanuma, Dinesh Agarwal, J Murugavel.
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