India Startup Week: Mensa, Velocity, Wonderchef, Wingreens & GoKwik lead funding

 India Startup Week: Mensa, Velocity, Wonderchef, Wingreens & GoKwik lead funding

Indian startup ecosystem saw over three dozen startups attract capital from angel and venture capital investors this week and minted one unicorn with Thrasio style firm Mensa Brands becoming the fastest to enter the club of startups with a valuation of $1 billion or more.

In addition, there were a bunch of acquisitions by 10Club, EaseMyTrip and Credlix. While 10Club snapped three gardening related labels- Kraftseeds, Gate Garden and Kriti Kalash; supply chain financing platform Credlix acquired fintech startup NuPhi. Traveltech venture EaseMyTrip that went public early some time back, bought Spree Hospitality in the second acquisition this month after sealing a deal with B2B travel platform Traviate.

Here’s a snapshot of the startup funding activity this week.

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The Capital Quest