Indian Startups Raise $177.68 Million in Funding This Week
This week, 29 Indian startups managed to secure funding worth $177.68 million, with 8 growth-stage deals and 19 early-stage deals. Interestingly, two early-stage startups chose to keep their funding details confidential.
Growth-Stage Deals
Among the growth-stage deals, 8 startups raised a total of $104.8 million in funding this week. The prominent deals include:
- Telehealth and wellness platform Visit Health: Received $30 million in its Series B round
- Wealth and asset management company Neo: Secured $26.5 million
- Vernacular social media platform ShareChat: Received $16 million
- D2C dairy and daily essential brand Country Delight: Raised $8.45 million
- E-commerce solution provider ShopDeck: Secured $7.85 million
Early-Stage Deals
19 early-stage startups secured funding worth $9.8 million during the week. The notable deals include:
- B2B agri-processing platform Agrizy: Led the list with its funding
- Platform for sourcing and manufacturing of specialty chemicals Scimplify: Also received funding
- Personal care e-commerce startup Kindlife: Secured funding
- Stock broking platform Punch: Received funding
- Extended reality (XR) startup Metadome.ai: Also received funding
City and Segment-wise Deals
In terms of city-wise funding deals, Bengaluru-based startups led the list with 11 deals, followed by Delhi-NCR, Mumbai, Chennai, Pune, Udaipur, and Chandigarh.
Segment-wise, Fintech and Healthtech startups shared the top spot with 5 deals each, followed by E-commerce, Foodtech, Biotech, SaaS, and Agritech startups.
Series-wise Deals
During the week, Series A funding deals took the top spot with 10 deals, followed by 7 Seed, 4 Series B, 3 pre-Series A, and 3 Debt deals. Series C and Angel round deals were also notable.
Week-on-Week Funding Trend
On a weekly basis, startup funding slipped 46.81% to $177.68 million compared to $334 million raised during the previous week. The average funding in the last
