Blitz Bureau
NEW DELHI: The Indian startup ecosystem raised around $187 million in funding this week, which included four growth-stage and 13 early-stage deals. At least 21 domestic startups cumulatively raised $187 million across 10 deals between October 21 and October 26. Last week, 39 early and growth-stage startups had raised around $450 million in funding.
This week, Singapore’s sovereign wealth fund Temasek made an additional investment of $60 million in edtech platform Upgrad.
Healthtech platform Healthify announced the closure of $45 million round, led by existing investor Khosla Ventures, and LeapFrog Investments with participation from Claypond Capital.
Dairy technology startup Stellapps Technologies raised $26 million in series C funding in a mix of equity and debt. The round saw participation from existing investors Blume Ventures, Omnivore, Bill and Melinda Gates Foundation, IDH Farmfit Fund, 500 Startups, and Blue Ashva Capital.
D2C bags and luggage brand Zouk raised $10 million in Series B round led by Aavishkaar Capital. It also saw participation from existing investors such as Stellaris Venture Partners, Titan Capital, Sharrp Ventures and the JJ Family.
Generative AI startup Neysa secured $30 million in Series A funding, co-led by existing investors NTTVC, Z47 (fka Matrix Partners India) and Nexus Venture Partners.
