This week, 31 Indian startups raised funding of which 28 received a total of about $980 million. StashFin and LeadSquared were the top fundraisers which scooped up $270 million and $153 million respectively. Last week, 38 homegrown startups raised funding worth about $906.44 million.
Meanwhile, the funding of three of the total funded startups remained undisclosed.
This week, 7 growth and late-stage startups have scooped up funds which include StashFin’s $270 million round and LeadSquared’s $225 million unicorn round. Crypto startup FalconX, re-commerce platform Cashify and fintech startup Leap were also on the list.
Details of the 31 funding rounds can be found here.
In the early-stage deals, 24 startups have raised funds which also include three undisclosed rounds. EV startup Statiq was on top of the list with a $25.7 million Series A round. The list also includes B2B silk startup ReshaMandi and fintech startup FinBox.
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, 15 Bengaluru-based startups have raised funds this week amounting to $456.77 million or 49.25 % of the total funding. During the week, Delhi-NCR-based startups raised $458.33 million across 12 respectively. Bhubaneshwar, Ahmedabad, Hyderabad and Chennai showed 1 deal each.
Fintech startups were the top segment in terms of the number of deals as startups in this space raised $481 million across 7 deals. D2C brands, agritech, EV, proptech, SaaS, and e-commerce startups were next on the list.
Acquisitions this week
Apart from the fundraisings, the week also saw four notable acquisitions. The list includes the acquisition of game development studio Upskillz Games by WinZo, VMotive by FIXCRAFT, Blinkit by Zomato and Setu by Pine Labs.
*Back next week with another deal roundup