Indian startups raise $187 Mn in week led by FirstClub's $55 Mn Series B; D2C deals cluster
Weekly funding jumped 260% WoW to $187.4 Mn across 21 deals. Quick commerce FirstClub anchored with $55 Mn Series B, while D2C names Anveshan ($15.8 Mn), Fraganote and KorinMi raised growth capital. ONDC pulled in ₹220 Cr from Uber, Zoho, Paytm and BSE; OYO's parent secured SEBI IPO nod and Kuku FM filed a ₹2,500-3,500 Cr DRHP.
What happened
Indian startups raised $187.4 Mn this week led by quick commerce FirstClub's $55 Mn Series B and multiple D2C ecommerce deals (Anveshan, Fraganote, KorinMi).
Key facts
- $187.4 Mn weekly funding
- 260% WoW jump
- 21 deals
- FirstClub $55 Mn Series B
- Anveshan $15.8 Mn Series B
- ONDC ₹220 Cr raise
- OYO/PRISM SEBI IPO approval
- Kuku ₹2,500-3,500 Cr DRHP
Why this matters
With OYO's IPO nod, Kuku FM's DRHP, and clustered D2C raises, the M&A and partnership pipeline is widening—prioritize outreach to growth-stage D2C brands before late-stage rounds price you out.
Also reported by
- Inc42 — Same time