Indian startup ecosystem continues its steady momentum in fundraising activities, with the past week witnessing 22 startups raising a total of over $447 million, as per Entrackr reports.
Among these, nine deals were classified as growth-stage, while 11 were considered early-stage, with two transactions kept undisclosed, as highlighted in the report.
Comparatively, the previous week from March 11-16 saw approximately $287 million raised by around 30 startups, with 20 early-stage and six growth-stage companies securing investments.
Bengaluru-based startups dominated the funding landscape with 14 deals, with Delhi-NCR following closely with three deals.
In terms of growth-stage investments, last week witnessed nine startups amassing a hefty sum of $420.35 million. Notably, healthtech firm Engrail emerged as the top recipient with $157 million in funding. Other notable beneficiaries include Pocket FM, Ultrahuman, and The Good Glamm Group, securing $103 million, $35 million, and $30 million, respectively.
Moreover, Atlan, Curefood, Jumbotail, Dvara KGFS, and SubKo Coffee were among the successful fundraisers, representing diverse sectors ranging from data collaboration to cloud kitchens and retail platforms.
Furthermore, 11 early-stage startups collectively raised $27 million in funding, with Optimo Loan leading the pack in MSME-focused lending-tech space. Liquidnitro, Brij Hotels, and Sprih also secured notable investments in gaming, boutique hotels, and climate technology sectors, respectively.
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