Home > Startups > Weekly roundup on startup funding


Weekly roundup on startup funding

The startup funding activity was lean in the week ended last Friday with only six firms raising angel/seed and venture capital.

In the biggest funding deal of the week, Gurgaon and Seoul-based Balance Hero, which operates mobile balance checking app True Balance, received $14.88 million in a Series B round of funding from existing investor SoftBank Ventures Korea, IMM Investment Corp and others.

startup-data

In another deal, Chennai-based fintech startup CreditMantri is set to receive $7.6 million in a Series B round of funding from IDG Ventures India, Elevar Advisors, Accion Frontier Inclusion Fund and Newid Capital.