This week 43 Indian startups raised funding of which 38 received a total of about $329.5 million. Turtlemint raised the highest funding of about $120 million, followed by Lenskart which raised $25 million. Last week, 37 homegrown startups raised funding worth about $564.44 million.
Meanwhile, the funding of five of the total funded startups remained undisclosed.
Details of the 43 funding rounds can be found here.
In the early-stage deals, 32 startups have raised funds which also include five undisclosed rounds. Fintech startup Zenda and content commerce startup DSLR Technologies were on top of the list with a $9.4 million round and $7 million respectively. The list also includes EV startup BGAUSS and vehicle marketplace Tractor Junction.
City and segment-wise fundings
This week Bengaluru was on top in terms of the number of startup deals and the amount raised by them. According to Fintrackr’s data, 17 Bengaluru-based startups have raised funds this week amounting to $51.05 million or 15.49% of the total funding. During the week, Delhi-NCR-based startups raised $45.87 million across 11 deals, followed by Mumbai, Jaipur and Indore with 8,2 and 1 deal respectively.
D2C brands were the top segment in terms of the number of deals as startups in this space raised $56.06 across 4 deals. AI, fintech, foodtech and healthtech startups were next on the list.
Acquisitions this week
The week four acquisitions. The list includes the acquisition of Corpository by CredAvenue, Globalise by Kristal.AI, Leap.is by Whatfix and Y-Cook by Dehaat.
*Back next week with another deal roundup