Indian startups raised about $102.93 million in 25 deals, with companies making a big contribution to the early and growth stages of the week.
Bengaluru and Delhi-NCR startups (Delhi-NCR) led the fundraising competition, reaching seven deals respectively, followed by Mumbai and Chennai.
Funding comes from various sectors including Clean Technology, Cybersecurity, Edtech and HealthTech, demonstrating India’s ongoing interest in innovation and technology.
HealthTech startups ranked first with four deals, followed by e-commerce and food technology companies, each with three deals.
Other areas such as Media and Entertainment, Proptech, Edtech, Services (SaaS) Software (SaaS), etc., have also seen multiple financings.
Clean tech-focused NBFC Metafin led the allegations of growth phase funding, which successfully raised $10 million in its Series A series.
Other growth-stage startups that have attracted attention include QNU Labs, a cybersecurity company that received $7 million, while Kaleidofin of Neobaneing Startup earned $5 million.
In addition, Edtech platform Collegedekho and marine services company Sadhav Offshore have also raised a large amount of funds.
Among early-stage funding, beauty technology and exploration platform Kult stood out with a $20 million raising, making it the biggest early-stage funding deal of the week.
SaaS startup Fuze then ran a $12.2 million round. Other notable early-stage startups that received funding include HealthTech platforms Hexahealth and FoodTech Company Anveshan.
Fund recipients also include stimulators, AI-driven English learning platform, Mugafi, content creation platform, etc.
Additionally, HealthTech startup Ekincare and offline social networking platform JAMM raised undisclosed amounts.
These transactions reflect strong investor interest in various sectors in India's growing startup ecosystem.
Meanwhile, 22 Indian startups received about $112.35 million in funding last week. The deals included six growth phase investments and 12 early rounds, while six startups chose not to disclose details of their funding.
