Indian startups elevate $240.85 million this week, Bengaluru leads in funding offers, ETCFO
New Delhi, Throughout the week, 30 Indian startups secured a complete of $240.85 million in funding together with 5 growth-stage investments and 20 early-stage rounds.
Bengaluru emerged because the chief in startup funding, with 12 offers secured through the week.
It was adopted by Delhi-NCR, Mumbai, Chennai, and Patna.
Amongst enterprise sectors, e-commerce startups acquired the best variety of investments, closing 5 offers, based on Entrackr report.
SaaS and fintech startups adopted carefully, securing three offers every, whereas corporations in foodtech, healthtech, and manufacturing additionally attracted investor curiosity.
Within the growth-stage class, edtech startup Leap raised $65 million in its Collection E spherical led by Apis Companions.
B2B seafood startup Captain Recent secured $30 million in its ongoing pre-IPO spherical.
SaaS IT administration platform SuperOps raised $25 million, whereas a provide chain startup acquired $12 million in a Collection C spherical from Evolvence India and Mirabilis Funding Belief.
Amongst early-stage startups, 20 corporations collectively raised $107.15 million.
B2B SaaS startup Atomicwork led with a $25 million Collection A spherical, adopted by investments in co-working agency Innov8, senior citizen-focused healthcare providers supplier Geri Care, telecom firm Astrome Applied sciences, and mobility startup VoltUp.
Moreover, D2C handloom clothes model Dressfolk and street security merchandise producer Prisomoline raised funds however didn’t disclose the quantities.
On a weekly foundation, startup funding remained secure however confirmed a slight dip of three.22 per cent, down from $248.87 million within the earlier week.
Over the previous eight weeks, the common weekly funding stood at $349.53 million, with 26 offers per week.
In the meantime, a number of vital acquisitions befell this week. Increase Financials acquired monetary media startup Filter Espresso, whereas logistics agency Shadowfax took over CriticaLog.
Nazara-owned NODWIN Gaming expanded its portfolio by buying esports startup StarLadder.
The digital navigation firm MapmyIndia acquired a stake in AI startup SimDaaS.
–IANS
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