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Delhi-NCR startups lead funding activity in tepid week
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Startup funding activity was muted this past week as only six startups raised venture capital and two companies secured angel or seed-stage investments.
The big-ticket deals involved two Gurgaon-based companies--property search aggregator Square Yards Consulting receiving $12 million in venture capital from a private equity arm of Anil Ambani's Reliance Group and multi-lingual test preparation startup OnlineTyari raising $3 million in a Series A round of funding led by Michael and Susan Dell Foundation.
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In another deal, Delhi-based jobs portal iimjobs.com raised $2 million in a Series A round of funding from India Quotient Fund, Calcutta Angels and others.
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