IANS | 14 Apr, 2024
The Indian startups continued to raise funds at a normal pace, and
this week, as many as 21 startups secured nearly $105 million in the
country.
This included six growth-stage deals and 12 early-stage deals, reports Entrackr on Saturday.
"One growth-stage startup and two early-stage startups did not disclose the amount raised," the report mentioned.
About 30 early and growth-stage startups collectively raised around $172.71 million last week.
Among the growth-stage deals, six startups raised $54.5 million in funding this week.
Compliance automation platform Sprinto secured the highest amount of funding of $20 million.
This
was followed by business-to-business (B2B) waste management and
recycling marketplace Recykal, housing finance firm AVIOM HFC, digital
lender Axio, and medical diagnostics platform 5C Network which raised
$13 million, $10 million, $6 million, and $3 million, respectively.
Moreover, 12 early-stage startups collectively secured $50 million in funding during this week.
Artificial
intelligence (AI) cloud and platform-as-a-service startup Neysa topped
the list followed by AI-powered revenue enablement platform GTM Buddy,
underwater visual inspection services provider Planys Technologies, and
underwater visual inspection services provider Planys Technologies.
The
list further includes paediatric behavioural and developmental health
firm Butterfly Learnings, electric mobility platform AutoNxt Automation,
the full stack eyewear platform, EyeMyEye, elder care startup Age Care
Labs, and healthcare startup PlatinumRx, among others.
City-wise, Bengaluru-based startups led with 8 funding deals followed by Mumbai, Delhi-NCR, Chennai, Kanpur and Hyderabad.
