Mind The Gap By Freshchat

In total, this week, 12 startups raised $35.7 Mn funding and one startup acquisitions took place. This week, this week one of the biggest funding rounds in the Indian startup ecosystem was raised by Bengaluru-based digital application provider for micro-merchants OkCredit. The startup raised $15.5 Mn in a Series A funding round led by New York-based investment fund Tiger Global. Morningside Venture Capital, Lightspeed India Partners, Venture Highway and Y Combinator also participated in this round of funding. The startup will use the funding to further scale its merchant user base, grow its team and execute on its product roadmap. Bengaluru-based social commerce startup Meesho raised an undisclosed amount of funding from social media company Facebook. The deal size is said to be “very significant”, however, there is no official communication on the same. The funding will help it further its efforts to enable independent entrepreneurs to build businesses and grow their customer base via social channels. Gurugr