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.

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