New Delhi: The Indian Startup Economic System witnessed a strong increase in funds this week, in which 19 startup collectively raised about $ 462.27 million.
The investment was spread in six growth phase and initial stages of ten deals, while three startups chose not to disclose their funding details.
It makes an important jump over last week when 30 startups earned about $ 355.02 million.
Bangalore continues to dominate the landscape of startup funding, calculating ten deals this week. Mumbai, Delhi-NCR, and other cities also saw important activity.
In the industry classes, Fantake and Aid Tech Startups led the funding round with three deals, while gaming, health tech, and energy startups received two deals.
Other sectors, including e -commerce, aerospace, and manufacturing, also attracted investors’ interest.
There were notable deals in the Growth phase, including the cross -border Nebanking Startup Zul, led by Craigs.
Special Chemicals Source Platform SchemePlays received $ 40 million in series B rounds, while the luxury fashion platform Purple Style Labs increased the same amount in the series e -round.
Other funding companies this week included aerospace firm Renson Aerospace, the mother -in -law’s unlimited up -time, and Inc. Finance.
In an early stage, ten startups collectively raised $ 29.77 million. Renewable energy company Amrot Energy led this segment with $ 11.5 million, followed by Energy Storage Startup Empire, Hospitality Platform Gustspes, Mobile Game Publisher Felicity Games, and Interior Platform Ambassadive.
Some startups, including the Optclubing Platform Vascal, Aid Tech Company Dream Time Learning, and Battery Technology Firm Flood Battery Science, also received the fund but did not disclose the right amount.
Seed financing was the most popular phase of investment, followed by four deals, followed by Pre -Seed, Series A, Pre -Series A, and Series B Round.
The week was also seen in important leadership movements. Damon Sony, former president and chief business officer in Gloce, joined the Estrock as the Chief Business Officer (CBO).
The Adtek Unicorn Physics Walla appointed Nathan Sawara, Rachna Dixit, and Deepak Amitabh as non -executive independent directors.
