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Weekly startup funding tracker: Non-metro firms steal the show

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The week gone by saw eight startups being funded, of which three are based in non-metros, including Jaipur, Indore and Ahmedabad.

Interestingly, possibly only for the second time, an Indian bitcoin exchange—Bengaluru-based Unocoin Technologies—received startup funding. Unocoin pocketed $1.5 million in a pre-Series A round led by Blume Ventures.

Spe-30-startup-data

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Indore's outstation taxi marketplace InstaCar raised $1 million in seed-funding from Hong Kong-based Swastika Company.

The week saw fewer than usual deals, compared with previous weeks. Moreover, they were spread out fairly evenly across the country.

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Men's grooming brand Beardo, which has roped in Bollywood actor Suniel Shetty as its brand ambassador, received $500,000 from seed investor Venture Catalysts and others.

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