Weekly Funding Wrap-up Sep 20-26

This week saw notable funding rounds for startups in edtech, fintech, and adtech, positioning them to disrupt their markets. The top 5 funding from last Friday to this Thursday collectively secured USD 492 million, highlighting the increasing investors' trust in the Indian economy and the company itself.

Here is a list of the top five funding this week:

Physics Wallah raises USD 210 million in Series B, valuation soars to USD 2.8 Bn

The USD 210 million funding round was led by Hornbill Capital, with participation from Lightspeed Venture Partners, GSV, and WestBridge. 

Whatfix raises USD 125 million from Warburg Pincus and SoftBank

Digital adoption platform secured USD 125 million in a Series E funding round, led by Warburg Pincus with participation from existing investor SoftBank Vision Fund 2.

M2P Fintech raises over USD 100 million in primary and secondary funding

Helios Investment Partners led the round. The Series D round also saw participation from marquee banks across Asia, with existing investor Flourish Ventures doubling down on their investment in the company.

Aye Finance raises USD 30 million in Series G round

Series G funding round was led by Singapore-based ABC Impact. This equity raise, combined with the company's earlier debt financing of USD 30 million in June, brings Aye Finance's total equity fundraising to Rs 1,500 crore.

HomeLane to acquire DesignCafe, secures Rs 225 Cr funding

The acquisition, which is awaiting regulatory approval, is expected to be one of India’s largest interior companies.