Flipkart‘s $1 billion financing in July 2014 was the largest ever to an Indian tech company. The company’s mega-financing followed a $210M Series F (the second largest thus far in 2014) just two months prior in May.
Overall, eCommerce dominates India’s largest tech deals this year with 16 of the top 25 deals being in eCommerce companies, including the largest 8 which included the previously-mentioned Flipkart, Snapdeal, Quikr, Myntra, ANI Technologies, and Hungama Digital Media Entertainment.
See the full chart below for the top 25 biggest financing rounds for India-based VC-backed tech companies.
Related: India’s most active tech startup VCs
| Company | Round | Amount (M) | Investors |
|---|---|---|---|
| Flipkart | Series G | $1,000.0 | Accel Partners, Tiger Global Management, Morgan Stanley, Digital Sky Technologies, GIC Special Investments, Naspers, Sofina, Iconiq Capital |
| Flipkart | Series F | $210.0 | Tiger Global Management, Digital Sky Technologies, Naspers, Iconiq Capital |
| Snapdeal | Series D | $133.7 | Bessemer Venture Partners, Intel Capital, eBay, Nexus Venture Partners, Kalaari Capital, Saama Capital |
| Snapdeal | Series E | $100.0 | BlackRock, Temasek Holdings |
| Quikr | Series F | $90.0 | Norwest Venture Partners, eBay, Warburg Pincus, Nokia Growth Partners, Kinnevik |
| Myntra | Series E | $50.0 | Accel Partners, Tiger Global Management, Premji Invest |
| ANI Technologies | Series C | $41.8 | Tiger Global Management, Matrix Partners India, Sequoia Capital India, Steadview Capital |
| Hungama Digital Media Entertainment | Venture Capital | $40.0 | Bessemer Venture Partners, Intel Capital |
| Freshdesk | Series D | $31.0 | Accel Partners, Tiger Global Management, Google Capital |
| iYogi | Series E | $28.0 | Madison India Capital, Axon Partners Group |
| Jabong | Series B | $27.5 | CDC Group |
| Big Tree Entertainment | Growth Equity | $25.0 | Accel Partners, SAIF Partners, Network18 |
| India World Technologies | Series C | $24.8 | New Enterprise Associates, Foundation Capital, Helion Venture Partners |
| Yatra Online | Series E | $23.0 | Norwest Venture Partners, IDG Ventures India, Vertex Venture Holdings |
| Technology Frontiers | Venture Capital | $23.0 | FidelisWorld |
| Urban Ladder | Series B | $20.0 | SAIF Partners, Kalaari Capital, Steadview Capital |
| PolicyBazaar | Series C | $20.0 | Undisclosed (Intel Capital, Info Edge, Inventus Capital Partners are Previous Investors) |
| Housing.com | Series A | $19.0 | Helion Venture Partners, Nexus Venture Partners, Qualcomm Ventures |
| Knowlarity Communications | Series B | $16.0 | Mayfield Fund, Sequoia Capital India |
| Vizury Interactive | Series C | $16.0 | Intel Capital, Inventus Capital Partners, Nokia Growth Partners, Ascent Capital |
| TrendSutra Platform Services | Series C | $16.0 | Norwest Venture Partners, Bertelsmann India Investments |
| Octro | Series A | $15.0 | Sequoia Capital India |
| A.M. Marketplaces | Series B | $15.0 | Lightspeed Venture Partners, Tiger Global Management, Matrix Partners India |
| BrainBees Solutions | Series C | $15.0 | IDG Ventures India, SAIF Partners, Vertex Venture Holdings |
| BankBazaar.com | Series B | $13.0 | Walden International, Sequoia Capital India |
To track financing and exit activity to Indian tech companies, check out the CB Insights venture capital database. Login or create a free account below.
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