How Much Did Indian Startups Raise in Funding This Week?
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Synopsis
Indian startups have made waves this week by raising an impressive $102.93 million across 25 deals, driven by innovation in various sectors. From healthtech to cybersecurity, investor enthusiasm remains high in India's thriving startup landscape.
Key Takeaways
- Indian startups raised approximately $102.93 million across 25 deals this week.
- Bengaluru and Delhi-NCR led in funding activity with seven deals each.
- Healthtech startups secured the highest number of deals, with four transactions.
- Notable growth-stage funding included Metafin raising $10 million.
- Kult's $20 million raise was the largest early-stage funding deal.
Mumbai, May 4 (NationPress) Indian startups secured around $102.93 million through 25 funding deals this week, showcasing robust participation from both early-stage and growth-stage companies.
Startups from Bengaluru and Delhi-NCR were at the forefront of this funding surge, each completing seven deals, while Mumbai and Chennai followed closely behind.
The investments spanned various sectors, including cleantech, cybersecurity, edtech, and healthtech, indicating a sustained enthusiasm for innovation and technology within India.
The healthtech sector led the charge with four deals, closely trailed by e-commerce and foodtech startups, each securing three funding rounds.
Additionally, sectors like media and entertainment, proptech, edtech, and Software as a Service (SaaS) also saw multiple funding transactions.
Leading the growth-stage funding was Metafin, a cleantech-focused NBFC, which successfully raised $10 million in its Series A funding.
Other noteworthy growth-stage startups included QNu Labs, a cybersecurity company that obtained $7 million, and Kaleidofin, a neobanking startup that garnered $5 million.
Furthermore, CollegeDekho, an edtech platform, and Sadhav Offshore, a marine services provider, also attracted significant investments.
In early-stage funding, Kult, a beauty tech and discovery platform, distinguished itself with a $20 million raise, marking the week's largest early-stage funding deal.
Fuze, a SaaS startup, followed closely with a $12.2 million round. Other notable early-stage startups that secured funding include HexaHealth, a healthtech platform, and Anveshan, a foodtech company.
Other funding recipients included Stimuler, an AI-driven English learning platform, and Mugafi, a content creation platform.
Additionally, ekincare, a healthtech startup, and Jamm, an offline social networking platform, raised undisclosed amounts.
These funding rounds reflect the strong investor interest across various sectors in India's expanding startup ecosystem.
In the preceding week, 22 Indian startups raised approximately $112.35 million in funding, which included six growth-stage investments and 12 early-stage rounds, with six startups opting to keep their funding details confidential.
Point of View
I observe the remarkable resilience and adaptability of India's startups. The recent funding surge reflects not only investor confidence but also the innovative spirit prevalent in the ecosystem. Such trends highlight India's potential as a global hub for groundbreaking technology and solutions.
NationPress
23/05/2025
Frequently Asked Questions
Which sectors received the most funding this week?
This week, the healthtech sector led with four deals, followed by e-commerce and foodtech, each securing three deals.
What is the total amount raised by Indian startups this week?
Indian startups raised approximately $102.93 million across 25 deals this week.
Which startup raised the most in early-stage funding?
Kult, a beauty tech and discovery platform, raised $20 million, marking the largest early-stage funding deal of the week.
