{"id":48622,"date":"2025-02-02T09:09:27","date_gmt":"2025-02-02T09:09:27","guid":{"rendered":"https:\/\/alertindianews.in\/?p=48622"},"modified":"2025-02-02T09:09:27","modified_gmt":"2025-02-02T09:09:27","slug":"startups-raise-240-million-in-a-week-this-city-leads-in-funding-deals","status":"publish","type":"post","link":"https:\/\/alertindianews.in\/?p=48622","title":{"rendered":"Startups Raise $240 Million In A Week, This City Leads In Funding Deals"},"content":{"rendered":"

During the week, 30 Indian startups secured a total of $240.85 million in funding including five growth-stage investments and 20 early-stage rounds. Bengaluru emerged as the leader in startup funding, with 12 deals secured during the week. It was followed by Delhi-NCR, Mumbai, Chennai, and Patna.<\/p>\n

Among business sectors, e-commerce startups received the highest number of investments, closing five deals, according to Entrackr report.<\/p>\n

SaaS and fintech startups followed closely, securing three deals each, while companies in foodtech, healthtech, and manufacturing also attracted investor interest.<\/p>\n

In the growth-stage category, edtech startup Leap raised $65 million in its Series E round led by Apis Partners.<\/p>\n

B2B seafood startup Captain Fresh secured $30 million in its ongoing pre-IPO round.<\/p>\n

SaaS IT management platform SuperOps raised $25 million, while a supply chain startup received $12 million in a Series C round from Evolvence India and Mirabilis Investment Trust.<\/p>\n

Among early-stage startups, 20 companies collectively raised $107.15 million.<\/p>\n

B2B SaaS startup Atomicwork led with a $25 million Series A round, followed by investments in co-working firm Innov8, senior citizen-focused healthcare services provider Geri Care, telecom company Astrome Technologies, and mobility startup VoltUp.<\/p>\n

Additionally, D2C handloom clothing brand Dressfolk and road safety products manufacturer Prisomoline raised funds but did not disclose the amounts.<\/p>\n

On a weekly basis, startup funding remained stable but showed a slight dip of 3.22 per cent, down from $248.87 million in the previous week.<\/p>\n

Over the past eight weeks, the average weekly funding stood at $349.53 million, with 26 deals per week.<\/p>\n

Meanwhile, several significant acquisitions took place this week. Raise Financials acquired financial media startup Filter Coffee, while logistics firm Shadowfax took over CriticaLog.<\/p>\n

Nazara-owned NODWIN Gaming expanded its portfolio by acquiring esports startup StarLadder.<\/p>\n

The digital navigation company MapmyIndia acquired a stake in AI startup SimDaaS.<\/p>\n

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)<\/i><\/p>\n

\u200bDuring the week, 30 Indian startups secured a total of $240.85 million in funding including five growth-stage investments and 20 early-stage rounds. Bengaluru emerged as the leader in startup funding, with 12 deals secured during the week.\u00a0\u00a0<\/p>","protected":false},"excerpt":{"rendered":"

During the week, 30 Indian startups secured a total of $240.85 million in funding including five growth-stage investments<\/p>\n","protected":false},"author":0,"featured_media":48623,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_themeisle_gutenberg_block_has_review":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-48622","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t