- MUMBAI —
Indian startups raised approximately $102.93 million across 25 deals, with
strong contributions from early-stage and growth-stage companies this week.
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- Bengaluru and Delhi-NCR-based startups led the funding race,
with seven deals each, followed by Mumbai and Chennai.
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- The funding came from various sectors, including cleantech,
cybersecurity, edtech, and healthtech, signalling a continued interest in
innovation and technology in India.
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- Healthtech startups took the top spot with four deals,
followed closely by e-commerce and foodtech companies, with each securing three
deals.
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- Other sectors, such as media and entertainment, proptech,
edtech, Software as a Service (SaaS), and more, also saw multiple funding
rounds.
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- Leading the charge in growth-stage funding was Metafin, a
cleantech-focused NBFC, which successfully raised $10 million in its Series A
round.
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- Other growth-stage startups that attracted attention include
QNu Labs, a cybersecurity firm, which secured $7 million, and Kaleidofin, a
neobanking startup, which garnered $5 million.
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- Additionally, CollegeDekho, an edtech platform, and Sadhav
Offshore, a marine services company, also raised significant funding.
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- In early-stage funding, Kult, a beauty tech and discovery
platform, stood out with a $20 million raise, making it the largest early-stage
funding deal of the week.
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- Fuze, a SaaS startup, followed with a $12.2 million round.
Other notable early-stage startups that secured funding include HexaHealth, a
healthtech platform, and Anveshan, a foodtech company.
