Tuesday, June 25, 2024
HomeStart UpOver $447 million in funding raised by 22 Indian startups last week 

Over $447 million in funding raised by 22 Indian startups last week 

Indian startups maintained their steady fundraising momentum, with 22 startups raising over $447 million last week. Entrackr reported that this figure comprised nine growth-stage and 11 early-stage deals.

“Two startups kept their transaction details undisclosed,” the report mentioned. 

In the week of March 11-16, approximately 30 startups secured around $287 million in funding, with 20 early-stage and six growth-stage companies. Bengaluru-based startups led the funding with 14 deals, followed by Delhi-NCR with three deals. 

Among the growth-stage deals, nine startups raised $420.35 million in funding last week.

Healthtech firm Engrail secured the highest funding at $157 million. Following closely behind were the audio series platform Pocket FM, healthtech startup Ultrahuman, and content-to-commerce company The Good Glamm Group, which received $103 million, $35 million, and $30 million in funding, respectively.

Additionally, Atlan, a data collaboration software provider, Curefood, a cloud kitchen startup, Jumbotail, a B2B marketplace and retail platform, Dvara KGFS, an NBFC operating in remote rural areas, and SubKo Coffee, a coffee brand, also successfully raised funds last week.

Moreover, 11 early-stage startups collectively secured $27 million in funding.

Optimo Loan, an MSME-focused lending-tech startup, led the pack, followed by gaming startup Liquidnitro, boutique hotels firm Brij Hotels, and climate tech platform Sprih.

Subscribe To Newsletter


BRL Editor
BRL Editorhttps://businessreviewlive.com
Business Review Live covers finance, technology, travel, lifestyle, and everything in between through exclusive interviews and analysis, market statistics, digital video, and an expanded array of content formats.