Blitz Bureau
NEW DELHI: The funding momentum for the startup ecosystem in the country continued with more than $265 million being raised via 16 deals during the week.
The biggest fund-raise came with omnichannel jewellery startup Bluestone securing $107.2 million in its pre-IPO round. In the fintech space, Aye Finance raised $25 million loan from Goldman Sachs (India) and lending startup Axio secured $20 million from Amazon Smbhav Venture Fund.
The ecommerce sector was the top gainer this week, with $148.7 million raised via four deals.
Early-stage startups
Livpure, a homegrown water purifier brand, raised Rs 208 crore funding from M&G Investments and nearly Rs 25 crore from Ncubate Capital Partners. D2C ice cream brand Hangyo secured $25 million, MSMEs-focused fintech startup FlexiLoans bagged $9 million and D2C luggage brand Uppercase secured $9 million.
Thirteen early-stage startups secured funding worth $53.46 million, led by Even and Zoff, among others.
