IANS | 25 Mar, 2024
The Indian startups continued to raise funds at a normal pace, and
last week, 22 startups secured over $447 million in the country.
This included nine growth-stage deals and 11 early-stage deals, reports Entrackr.
"Two startups kept their transaction details undisclosed," the report mentioned.
About
30 startups had raised around $287 million, which included 20
early-stage and six growth-stage companies in the week of March 11-16.
Bengaluru-based startups led the funding with 14 deals, followed by Delhi-NCR with three deals.
Among the growth-stage deals, nine startups raised $420.35 million in funding last week.
Healthtech
firm Engrail secured the highest funding at $157 million. Following
closely behind were the audio series platform Pocket FM, healthtech
startup Ultrahuman, and content-to-commerce company The Good Glamm
Group, which received $103 million, $35 million, and $30 million in
funding, respectively.
Additionally, Atlan, a data collaboration
software provider, Curefood, a cloud kitchen startup, Jumbotail, a B2B
marketplace and retail platform, Dvara KGFS, an NBFC operating in remote
rural areas, and SubKo Coffee, a coffee brand, also successfully raised
funds last week.
Moreover, 11 early-stage startups collectively secured $27 million in funding.
Optimo
Loan, an MSME-focused lending-tech startup, led the pack, followed by
gaming startup Liquidnitro, boutique hotels firm Brij Hotels, and
climate tech platform Sprih.
