Over $320 mn raised by 24 Indian startups this week

New Delhi, May 11 (SocialNews.XYZ) 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.

The list of early-stage startups also includes -- GyanLive, QUE, trackNOW, and Food Square, which kept the funding amount undisclosed.

City-wise, Bengaluru-based startups led with nine deals followed by Delhi-NCR, Mumbai, Hyderabad, Ahmedabad, Gandhinagar, Indore and Kolkata.

Source: IANS

Facebook Comments

About Gopi

Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc.

He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources.

When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any.

He can be reached at gopi@socialnews.xyz

Share

This website uses cookies.