Over $320 million raised by 24 Indian startups: Entrackr

More than $320 million has been raised by 24 Indian startups in funding this week, which includes 7 growth-stage deals and 13 early-stage deals.
Over $320 million raised by 24 Indian startups: Entrackr

New Delhi: More than $320 million has been raised by 24 Indian startups in funding this week, which includes 7 growth-stage deals and 13 early-stage deals. Four early-stage startups did not disclose the amount raised, reports Entrackr.

Last week, around 28 early and growth-stage startups collectively raised nearly $340 million in funding.

Among the growth-stage deals, seven startups secured around $287 million in funding this week. Data and AI governance firm Atlan secured the highest funding of $105 million.

This was followed by the dialysis chain NephroPlus, shared electric mobility startup GreenCell Mobility, education service provider K12 Techno Services, and lending firm Lendingkart, which raised $105 million, $36.7 million, $27 million, and $10 million, respectively.

Moreover, 13 early-stage startups secured funding worth $33 million during the week. Direct-from-farm produce supply chain startup Superplum topped the list followed by a platform for wholesale buying and selling Poshn, log analytics startup Parseable, fodder ecosystem to support dairy cattle farmers, Cornext, and re-engineered tyre startup Regrip. (IANS)

Also Read: CII releases charter of good governance for growth of Startups in India (sentinelassam.com)

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