🇮🇳 Roundup: Home interior firm to launch $200m IPO by mid-2022, more (Updated)

Update (January 19, 8:40 pm): Adds news on Fyp’s acquisition of Edunify.

India-based startups, including Arya, Scripbox, Pluckk, Threedots, NowPurchase, Sahicoin, Finsall, Trainn, and Reloy, raised at least US$97.1 million in disclosed funding today from international and local investors.

Here’s a snapshot of the fundraising:

Here’s some important tech news from India today:

Home interior startup to launch US$200 million IPO by mid-2022

HomeLane has reportedly roped in Bank of America, Axis Capital, and ICICI Securities to run the IPO.

The public offer will be a combination of primary and secondary shares, where existing investors including Sequoia Capital and Accel Partners, could potentially make partial exits.

In September 2021, HomeLane raised US$50 million in its series E round led by Stride Ventures and Oman India Joint Investment Fund – IIFL AMC’s late-stage tech fund.

Sequoia-backed ecommerce firm to raise US$50 million in fresh funds

Ecommerce firm Bikayi is reportedly in talks with Tiger Global and Sequoia Capital India to lead its series B round.

Founded in 2019, Bikayi provides small and medium-sized enterprises with a digital storefront, professional features, and tools to help them scale their businesses.

In September 2021, the company raised US$10.8 million in its series A round led by Sequoia Capital India.

Fintech unicorn Cred widens ESOP pool to US$500 million