Funding roundup: Housejoy and Rivigo gobbled up 82% of investment in Dec 3rd week

Emmanuel Amberber

Radhika P Nair

Monday December 21, 2015 , 2 min Read

As 2015 comes to a close, the funding shower continues to drench Indian startups. In the third week December, Angels and VCs have poured investments in 19 startups, the deal value for the week stood at $64.3 million. This includes only deals where the invested amounts were disclosed.

Pre-series A deals dominated the investment between December 14^th to 20^th, over all 15 pre-series A deals were announced. The sectors that saw funding activity include marketplace for home services, logistics, foodtech, analytics, education, and healthcare.

YourStory Weekly Fund Flow - December 13-20

In the first week of December, the number of deals was the same. Nineteen deals were announced and the fund value was $3.5 million.

One of the major investments this week has been in the logistics sector. Rivigo has raised $30 million in a Series B round led by existing investor SAIF Partners. Rivigo (formerly Trucksfirst) coordinates delivery trucks across cities, using its backend technology and innovative operational processes. Last week one of the top deals was in logistics. BlackBuck bagged $25 million in series B round from a consortium of investors led by Tiger Global Management. Other investors include Yuri Milner’s Apoletto, Accel Partners, and Flipkart.

Home services marketplace sector scored the second highest deal value this week. Housejoy raised $22.5 million in Series B led by Amazon, Vertex Ventures, Qualcomm, Ru-Net, and Matrix Partners. The modular furnishings marketplace startup, Capricoast, has raised $3.5 in Series A led by Accel Partners India and RB Investments.

Another logistics company that received the funding injection is Blubirch, which raised $2 million from Chicago Capital Ventures and others.

In the education sector, two startups raised funding above a million dollars. Kooh teaches sports where as Springboard is a data science and UX design learning platform.

The full-stack foodtech startup, Eatfresh, which is a part of Ubiquitous Foods, has gobbled up a fresh round of funding.

[ Top 10 deals December 14-20]

	Company	Sector	City	Investors	Round	$ amount
1	Rivigo	Logistics	Gurgaon	SAIF Partners and others	Series B	$30 million
2	Housejoy	Home services marketplace	Bengaluru	Amazon, Qualcomm, Vertex Ventures, Ru-Net Technology Partners, Matrix Partners	Series B	$22 million
3	Capricoast	Furnishing marketplace	Bengaluru	Accel Partners India, RB Investments	Series A	$3.5 million
4	Blubirch	Logistics	Bengaluru	Chicago Capital Ventures, Sanjay Mehta, Others	Pre-Series A	$2 million
5	Kooh Sports	Sports training	Mumbai	TCS, HDFC, and Faering Capital.	Pre-Series A	$2 million
6	Springboard	Data Science & UX design	Bengaluru	Allen Blue, John Katzman, Naveen Tewari, Kartik Hosanagar, Kashyap Deorah, 500 Startups, Blue Fog Capital	Pre-Series A	$1.7 million
7	MeraDoctor	Healthcare	Mumbai	Unilazer	Pre-Series A	$1.2 million
8	Streamoid	Visual search and discovery	Bengaluru	Undisclosed	Pre-Series A	$1 million
9	Cabsguru	Cab comparison	New Delhi	Prashanth Ranganathan	Pre-Series A	$200,000
10	CBREX	Recruiting solution	Mumbai	Prahlad Rao and Sundara Rajan	Pre-Series A	$200,000