Indian startups raised approximately $194 million this week across 28 deals, with Bengaluru leading in activity. Healthtech was the most active sector, and seed funding was the common deal type. Significant transactions included Farmley and VFlowTech, alongside a mix of early-stage funding. Several notable business developments also emerged this week.
In an impressive week for Indian startups, a total of around $194.22 million was raised across 28 different funding deals. This mix included nine rounds focused on growth and late stages, along with 18 early-stage investments. Interestingly, one startup opted not to disclose its funding amount, adding a bit of mystery to the figures.
Bengaluru took charge of the funding scene, leading the pack with 12 deals, while Delhi-NCR came in second with seven. Mumbai, Jaipur, and Ahmedabad also participated in the funding frenzy, showcasing a diversified startup ecosystem. It’s striking to see how various cities are emerging, each contributing to the entrepreneurial tapestry of India.
Healthtech came out on top as the most popular sector, with four funding deals. Close behind, foodtech and AI startups had three deals each. Other sectors like media, logistics, and fintech also attracted investor interest, showing a mosaic of opportunities amid the changing landscape.
When it comes to deal types, seed funding dominated with 12 rounds, while Series B, Series A, and Series C investments followed. The D2C snacking brand Farmley was a standout this week, leading the growth and late-stage fray with its Series C funding backed by L Catterton. Battery tech startup VFlowTech made headlines too, securing $20.5 million in its Series B round.
Overall, this week has illustrated a vibrant pulse within the Indian startup ecosystem, with diverse sectors attracting investment and a range of funding deals being struck. Notably, funding trends in healthtech, foodtech, and AI hint at where investor interests lie. As startups secure significant rounds, the path ahead seems bright for the innovation landscape in India, marking a compelling chapter in its entrepreneurial story.
Original Source: www.orissapost.com
