Indian startups raised approximately $102.93 million across 25 deals this week, with strong contributions from early-stage and growth-stage companies.
Bengaluru and Delhi-NCR-based startups led the funding race, with seven deals each, followed by Mumbai and Chennai.
The funding came from various sectors, including cleantech, cybersecurity, edtech, and healthtech, signalling a continued interest in innovation and technology in India.
Healthtech startups secured four deals, followed closely by e-commerce and food tech companies, which secured three deals each.
Multiple funding rounds also occurred in other sectors, such as media and entertainment, proptech, edtech, Software as a Service (SaaS), and more.
Metafin, a cleantech-focused NBFC, led the charge in growth-stage funding, successfully raising $10 million in its Series A round.
Other growth-stage startups that attracted attention include QNu Labs, a cybersecurity firm that secured $7 million, and Kaleidofin, a neobanking startup that garnered $5 million.
CollegeDekho, an edtech platform, and Sadhav Offshore, a marine services company, also raised significant funding.
In early-stage funding, Kult, a beauty tech and discovery platform, stood out with a $20 million raise, making it the largest early-stage funding deal of the week.
Fuze, a SaaS startup, followed with a $12.2 million round. Other notable early-stage startups that secured funding include HexaHealth, a health tech platform, and Anveshan, a food tech company.
Stimuler, an AI-driven English learning platform, and Mugafi, a content creation platform, were also among the funding recipients.
Additionally, eKincare, a healthtech startup, and Jamm, an offline social networking platform, raised undisclosed amounts.
These deals reflect the strong investor interest across various sectors in India’s growing startup ecosystem.
Meanwhile, in the previous week, 22 Indian startups secured approximately $112.35 million in funding. The deals included six growth-stage investments and 12 early-stage rounds, while six startups chose not to disclose the details of their funding.
–IANS
