Funding Friday: Real Estate Takes the Funding Cake & MilkBasket's Expansion Plan Stay tuned to get every day updates in 60 seconds

By Aastha Singal Jun 7, 2019

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

1. Things are looking up for real estate again. Proving the theory is the latest investment in realty platform NoBroker. The startup has raised $51 million in Series C funding led by General Atlantic.

2. Milking its way through the hyperlocal routes is dairy delivery startup Milkbasket. The startup has raised $10.5 million in a fresh round of funding led by Unilever Ventures. The funds will be used for expansion.

3. Lending startup Avail Finance also got noted by the investors this week. In a bid to become a complete online banking solution for blue collar workers, the startup has raised $9 million from Matrix Partners.

4. The legacy of budget hotel chains continues to thrive in India. FabHotels has raised $7.8 million from existing investor Goldman Sachs along with marquee VC firms Qualcomm Ventures and Accel Partners India.

Here's the "news that entrepreneurs can use". Know what's trending in the Indian business world in 60 seconds.

Aastha Singal

Entrepreneur Staff

Former Features Writer

A business journalist looking to find happiness in the world of startups, investments, MSMEs and more. Officially started her career as a news reporter for News World India, Aastha had short stints with NDTV and NewsX. A true optimist seeking to make a difference, she is a comic junkie who'd rather watch a typical Bollywood masala than a Hollywood blockbuster.

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