Blitz Bureau
NEW DELHI: At least 23 Indian startups raised more than $138 million in funding this week, which included five growth-stage deals and 20 early-stage rounds.
Last week, 30 Indian startups secured a total of $240.85 million in funding including five growthstage investments and 20 earlystage rounds.
This week, payments company Cashfree Payments raised $53 million in a funding round led by Korean digital entertainment giant, KRAFTON and existing investor Apis Growth Fund II, a private equity fund managed by Apis Partners Group (UK) .
TrueFoundry, a leading AI deployment and scaling platform, raised $19 million in Series A funding, led by Intel Capital. Existing investors Eniac Ventures and Peak XV’s Surge (formerly Sequoia Capital India & SEA) participated, alongside new investor Jump Capital and several angel investors.
While logistics firm Shadowfax secured $16.8 million across two tranches from Mirae Asset, Nokia Growth Partners, Edelwiesse, dialysis service provider Apex Kidney Care bagged $9 million from Blue Earth Capital.
HairOriginals raised $5 million in a Series A funding round, bringing its total funding to $7.2 million to date. The funding round was coled by 12 Flags Consumer Holdings and Anicut Growth Fund.