Indian Start-Ups Raise Over $447 Million In Funding Last Week: Report

Indian start-ups continued to raise funds at a steady pace, with 22 startups securing over $447 million in the past week, as reported by Entrackr.  

The numbers encompass nine growth-stage deals and 11 early-stage deals. Additionally, the report noted that transaction details of two start-ups remained undisclosed.  

In the preceding week of March 11-16, around 30 start-ups had collectively raised approximately $287 million, comprising 20 early-stage and six growth-stage companies. Bengaluru-based start-ups led the funding activity with 14 deals, followed by Delhi-NCR with three deals.  

Notably, among the growth-stage deals, nine start-ups secured a total of $420.35 million in funding during the previous week.  

Healthtech firm Engrail secured the highest funding at $157 million, followed by the audio series platform Pocket FM, healthtech start-up 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 start-ups collectively secured $27 million in funding, with Optimo Loan, an MSME-focused lending-tech startup, leading the pack, followed by gaming start-up Liquidnitro, boutique hotels firm Brij Hotels, and climate tech platform Sprih.