This week 9 Indian startups raised funding, of which 5 received a total sum of about $38 million. Among them, Ola Financial Services raised the highest funding of about $27 million followed by Awfis, which raised $5.2 million.
Meanwhile, funding for 4 of the total funded startups remained undisclosed.
Below is the summary of deals closed this week
Ola Financial Services: Financial arm of ride hailing firm Ola, Ola Financial Services, has raised $27 million in its Series A funding round led by Matrix Partners.
Continue reading Funding in Indian startups this week (25 May-30 May) at Entrackr.