Startups that got funded last week

2 Jan, 2017

Deal activity slowed down in the last week of 2016 with only six companies raising angel, seed or venture capital.

In the biggest deal of the week, Gurgaon-based logistics service provider Shadowfax received $10 million in a Series B round of funding from existing investor Eight Roads Ventures, an investment arm of Fidelity International.


Bengaluru-based 10i Commerce Services Pvt. Ltd, which runs technology platform ShopX, reportedly raised $5 million from Infosys co-founder Nandan Nilekani while Mumbai-based online streaming service Dekkho secured $1.2 million from seven unknown angel investors.