City
Epaper

Over $447 million in funding raised by 22 Indian startups last week

By IANS | Updated: March 24, 2024 15:20 IST

New Delhi, March 24 The Indian startups continued to raise funds at a normal pace, and last week, ...

Open in App

New Delhi, March 24 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.

--IANS

shs/dan

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

NationalKerala LoP Satheesan demands CBI probe into Sabarimala gold fiasco

EntertainmentAnshula Kapoor drops adorable pictures from Gor Dhana ceremony with Rohan Thakkar, brother Arjun Kapoor, father Boney Kapoor

EntertainmentTania reveals what her last 3 months looked like post attack on her father

NationalYouTuber Mari Das arrested in Chennai over remarks on TN stampede; police intensify social media crackdown

TechnologyIPOs worth Rs 28,000 crore to hit Indian primary market next week

Business Realted Stories

BusinessIPOs worth Rs 28,000 crore to hit Indian primary market next week

BusinessNavratri at Kamla Gowani Foundation: A Celebration of Joy, Humanity and Togetherness

BusinessIndia, EU must seal FTA to boost trade and investment ties amid US tariff hike: EU envoy

BusinessBMW Ventures Limited lists on NSE & BSE becoming first company from Bihar with Main Board IPO in 10 yrs

BusinessSmile Train India Announces "Smile Wall" to Celebrate World Smile Day®