TIWN
New Delhi, March 16 : The Indian startups continued to raise funds at a normal pace, and this week, 30 startups secured around $287 million in the country.
This included six growth-stage deals and 20 early-stage deals, Entrackr reported on Saturday.
"One growth and three early-stage startups kept their transaction details undisclosed," the report mentioned.
Last week, 27 startups had raised about $307.8 million, which included 17 early-stage and seven growth-stage companies.
Delhi-NCR-based startups led the funding with 11 deals, followed by Bengaluru with 10 deals.
B2B SaaS fintech company Perfios led the funding and became India's second unicorn of 2024 as it raised $80 million in a new funding round from Teachers' Venture Growth (TVG), a late-stage venture and growth investment arm of Ontario Teachers' Pension Plan.
Lithium-ion battery pack maker Lohum secured $54 million (Rs 450 crore) in series B funding from Singularity Growth, Baring Private Equity, Cactus Venture Partners and Venture East, among others.
- Indian tech leaders stand behind Ola's Bhavish in his fight against Microsoft & LinkedIn
- How volatility hit the Indian markets in last three elections
- Dell discloses data breach of some customers’ names, physical addresses
- India on the cusp of becoming a global tech powerhouse: Industry leaders
- Air India Express row: 85 flights cancelled as cabin crew members continue strike