Saturday, April 13, 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 Editor
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.