This week, startups across seed, early, and late-stage rounds raised funds through 17 deals, compared to 36 deals in the year-ago period, when they raised a total of $121 million, according to data from Tracxn.
Top deals of the week
Vastu Finance: Housing finance company Vastu Finance raised $100 million from Prosus, the Dutch-listed technology investment arm of Naspers. Prosus has acquired an 8.4% stake in the company.
Mintifi: Supply chain finance firm Mintifi raised about $80 million from Prosus. The investment firm has acquired nearly 11% stake in the company. The latest funding has valued the Mumbai-based company at around $755 million.
Glow: Solar energy startup Glow raised $30 million in a funding round from venture capital firms Framework and Union Square Ventures. Glow is an international cooperation of companies with teams based in San Francisco, Mexico City, and Lisbon.
Discover the stories of your interest
Enterpret: Customer feedback analytics platform Enterpret, designed for product development and customer experience teams, raised $20.8 million in funding led by Canaan Partners. The funding round included participation from Kleiner Perkins, Peak XV Partners, Wing Ventures, and Recall Capital.Ultraviolette: Electric two-wheeler maker Ultraviolette raised $15.3 million in a funding round from both existing and new investors, software-as-a-service (SaaS) major Zoho, Lingotto, Mudhal Partners, and Ojas Consultation.
