[Weekly funding roundup] Venture investments rise by 100pc; Hyderabad-based SaaS startup joins unicorn club
Venture funding into Indian startups in the third week of December touched $134 million, compared to the $61 million raised in the previous week.
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The weekly venture funding into India startups little more than doubled in the third week of December, as compared to the previous week, owing to the large deal sizes in the bracket of $25 million and above.
In fact, before the year ends,
Zenoti a Hyderabad and US-based SaaS startup entered
the coveted unicorn club, indicating a possible beginning of a trend, where
[Funding alert] Lingerie brand Clovia raises $4M in pre-Series C round
Led by Golden Birch Investments and SheCapital Venture Fund, the Noida-based company said the funding will be used to fuel Clovia’s growth in the coming year.
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Lingerie brand
Clovia has raised $4 million in pre-Series C round of funding led by a clutch of investors including
Golden Birch Investments and
The company said it will use the fresh capital to expand into new categories, pushing the brand message, enhancing technology, and strengthening the teams.
In a statement, the company also announced the appointment of
Anisha Singh, Founder of SheCapital Venture Fund, to its Board of Directors.