India, May 16 -- We bring to you the latest edition of Funding Galore: Indian Startup Funding Of The Week!

In one of the biggest funding rounds this week, contract management software as a service (SaaS) startup SirionLabs has raised $44 Mn in Series C funding round led by Tiger Global and Avatar Growth Capital.

The Gurugram-based startup is looking to use this funding to strengthen its position in the contract lifecycle management (CLM) space, enhance engineering capabilities, design a product roadmap, hire talent and facilitate the growth of its recently launched technology centre in Seattle.

Overall, 11 startups raised around $70 Mn funding and one startup acquisition took place in the Indian startup ecosystem this week. (This fundi...