NG Solution Team
Technology

How much funding did startups secure this week?

This week, startups in India garnered approximately $95 million in funding, with 17 companies attracting investments across various stages. Among these, five were growth-stage deals, ten were early-stage, and two startups opted not to disclose their funding details. Bengaluru emerged as the leading city with six deals, followed by Delhi-NCR with four. Fintech was the most funded sector, securing four deals, with deeptech and SaaS startups following closely. Seed funding rounds dominated with seven deals, while Series A and pre-Series A rounds saw two deals each. Growth and late-stage startups collectively raised $72.9 million, led by proptech firm Smartworks, which secured $20 million in a pre-IPO round. Education-focused NBFC Varthana raised approximately $18.5 million through debt financing, and clean-label food brand Kehtika obtained $18 million in a Series B round. In the early-stage category, 10 startups raised a total of $22.11 million, with NBFC InPrime Finserv leading by securing $6 million in its Series A round. Notable startups raising funds included fintech platform Belong, OTT app Chai Bisket, and home services startup Clean Fanatics. Additionally, Incuspaze acquired VSKOUT, and Infinity Fincorp Solution entered a strategic agreement with Partners Group for a majority stake acquisition.

Related posts

What’s Happening with the New Apple TV?

James Smith

How is Casimir revolutionizing energy technology with their $12 million seed round?

Jessica Williams

Could Samsung partner with the Chinese firm that previously stole its OLED technology?

Jessica Williams

This website uses cookies to improve your experience. We assume you agree, but you can opt out if you wish. Accept More Info

Privacy & Cookies Policy