IANS | 21 Apr, 2024
At least 37 startups in India secured about $310 million in funding
this week, including 10 growth-stage deals, as deals continued at a
normal pace in the country.
Last week, as many as 21 startups secured nearly $105 million in the country.
This
week, 10 startups raised $225.86 million in funding, including GPS
Renewables which secured $50 million in debt funding, according to a
report in Entrackr.
Deeptech startup Ecozen raised $30 million in a
mix of debt and equity from existing investors, including asset
management firm Nuveen.
Online B2B marketplace ProcMart raised $30
million in its Series B funding led by Nandan Nilekani and Sanjeev
Aggarwal’s VC fund, Fundamentum Partnership, and the Edelweiss Discovery
Fund.
Gaming startup LightFury Games secured $8.5 million in its maiden round, led by Blume Ventures and other key investors.
ClickPost,
the logistics intelligence platform for online retailers, raised $6
million in a Series A funding led by Inflexor Ventures partners and
Athera Venture Partners. Emergency healthcare provider Medulance also
secured $3 million (about Rs 25 crore) in Series A funding.
