New Delhi, April 27 (IANS) The Indian startups continued to raise funds at a normal pace, and this week, as many as 27 startups secured nearly $222.7 million in the country.
This included seven growth-stage deals and 17 early-stage deals, reports Entrackr on Saturday.
“Three early-stage startups did not disclose the amount raised,” the report mentioned.
Last week, about 37 startups secured around $310 million in the country.
Among the growth-stage deals, seven startups raised $150.6 million in funding this week.
Financial services firm Northern Arc secured the highest amount of funding of $80 million.
This was followed by network-as-a-service provider CloudExtel, trucking aggregator for enterprises LetsTransport, online marketplace for financial products BankBazaar, provider of business, property, and school financing Clix Capital, agri-fintech platform Samunnati, and co-working space provider Smartworks which raised $24 million, $22 million, $9.6 million, $6 million, $5 million, and $4 million, respectively.
Moreover, 17 early-stage startups collectively secured $72.08 million in funding during this week.
Omni-channel fashion brand Lyskraft topped the list followed by space-tech startup Dhruva Space, real estate and infra decarbonisation platform Accacia, B2C credit management firm CheQ, and an open-source project management platform Plane.
The list also includes startups such as a provider of Solar EPC solutions Soleos Solar Energy, healthcare and insurtech firm FlashAid, elder care startup bubble tea and other food items platform Boba Bhai, sustainable container logistics and supply chain optimisation startup MatchLog, among others.
–IANS
shs/svn
Disclaimer
The information contained in this website is for general information purposes only. The information is provided by BhaskarLive.in and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.
In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.
Through this website you are able to link to other websites which are not under the control of BhaskarLive.in We have no control over the nature, content and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.
Every effort is made to keep the website up and running smoothly. However, BhaskarLive.in takes no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control.
For any legal details or query please visit original source link given with news or click on Go to Source.
Our translation service aims to offer the most accurate translation possible and we rarely experience any issues with news post. However, as the translation is carried out by third part tool there is a possibility for error to cause the occasional inaccuracy. We therefore require you to accept this disclaimer before confirming any translation news with us.
If you are not willing to accept this disclaimer then we recommend reading news post in its original language.
