27 startups from India raised more than $222 million in funding during the past week.

This week, the Indian startup scene has been buzzing with exciting news. A total of 27 startups have managed to secure a whopping $222.7 million in funding, according to a report by Entrackr published on Saturday. This includes both early-stage and growth-stage deals, with a total of 17 early-stage deals and seven growth-stage deals. Interestingly, three early-stage startups have chosen not to disclose the exact amount of funding they have received.

This is a significant increase from the previous week, where 37 startups had secured $310 million in total. Among the growth-stage deals, seven startups have raised a total of $150.6 million this week. The highest amount of funding was secured by financial services firm Northern Arc, who managed to raise an impressive $80 million. This was followed by CloudExtel, a network-as-a-service provider, who received $24 million, and LetsTransport, a trucking aggregator for enterprises, who secured $22 million. Other notable startups that received funding include BankBazaar, Clix Capital, Samunnati, and Smartworks, who raised $9.6 million, $6 million, $5 million, and $4 million respectively.

On the other hand, 17 early-stage startups have collectively secured $72.08 million in funding this week. Leading the pack is Lyskraft, an omni-channel fashion brand, closely followed by Dhruva Space, a space-tech startup. Other startups that received funding include Accacia, CheQ, and Plane, who specialize in real estate and infra decarbonisation, B2C credit management, and open-source project management respectively. The list also includes Soleos Solar Energy, FlashAid, Boba Bhai, and MatchLog, among others.

Overall, the Indian startup ecosystem is thriving, with both early-stage and growth-stage companies receiving significant amounts of funding. This is a testament to the innovative ideas and solutions being developed by these startups, and it is exciting to see how they will continue to shape the future of the country's economy. With such a strong and diverse pool of startups, the future looks bright for the Indian startup scene.

[This article has been trending online recently and has been generated with AI. Your feed is customized.]
[Generative AI is experimental.]