$172.71 million raised by 30 startups at various stages of growth
Bengaluru-based startups led the funding rounds with eight deals
Sprinto received the largest funding amount of $20 million
Indian startups maintained a steady fundraising pace last week, with a total of 21 startups securing close to $105 million. Entrackr reported that these deals comprised six growth-stage and 12 early-stage investments. In total, about $172.71 million was raised by 30 startups at various stages of growth.
Bengaluru-based startups led the funding rounds with eight deals, followed by Mumbai, Delhi-NCR, Chennai, Kanpur, and Hyderabad.
Also read: January 16, National Startup Day: Startups in India grew from 400 in 2016 to 1.18 lakh today
The compliance automation platform Sprinto received the largest funding amount of $20 million. Following closely behind were Recykal, a business-to-business (B2B) waste management and recycling marketplace, AVIOM HFC, a housing finance firm, Axio, a digital lender, and 5C Network, a medical diagnostics platform, which raised $13 million, $10 million, $6 million, and $3 million, respectively.
Additionally, 12 early-stage startups collectively secured $50 million in funding during the week. Neysa, an artificial intelligence (AI) cloud and platform-as-a-service startup, led the list, followed by GTM Buddy, an AI-powered revenue enablement platform, and Planys Technologies, a provider of underwater visual inspection services.
Other notable startups that received funding included Butterfly Learnings, specializing in pediatric behavioral and developmental health, AutoNxt Automation, an electric mobility platform, EyeMyEye, a full-stack eyewear platform, Age Care Labs, focusing on elder care, and PlatinumRx, a healthcare startup, among others.
$172.71 million raised by 30 startups at various stages of growth
Bengaluru-based startups led the funding rounds with eight deals
Sprinto received the largest funding amount of $20 million
Indian startups maintained a steady fundraising pace last week, with a total of 21 startups securing close to $105 million. Entrackr reported that these deals comprised six growth-stage and 12 early-stage investments. In total, about $172.71 million was raised by 30 startups at various stages of growth.
Bengaluru-based startups led the funding rounds with eight deals, followed by Mumbai, Delhi-NCR, Chennai, Kanpur, and Hyderabad.
Also read: January 16, National Startup Day: Startups in India grew from 400 in 2016 to 1.18 lakh today
The compliance automation platform Sprinto received the largest funding amount of $20 million. Following closely behind were Recykal, a business-to-business (B2B) waste management and recycling marketplace, AVIOM HFC, a housing finance firm, Axio, a digital lender, and 5C Network, a medical diagnostics platform, which raised $13 million, $10 million, $6 million, and $3 million, respectively.
Additionally, 12 early-stage startups collectively secured $50 million in funding during the week. Neysa, an artificial intelligence (AI) cloud and platform-as-a-service startup, led the list, followed by GTM Buddy, an AI-powered revenue enablement platform, and Planys Technologies, a provider of underwater visual inspection services.
Other notable startups that received funding included Butterfly Learnings, specializing in pediatric behavioral and developmental health, AutoNxt Automation, an electric mobility platform, EyeMyEye, a full-stack eyewear platform, Age Care Labs, focusing on elder care, and PlatinumRx, a healthcare startup, among others.