New Delhi, April 13 (IANS) – Indian startups have secured a total of $105 million in funding this week, with 21 startups raising capital. According to reports from Entrackr, the funding included six growth-stage deals and 12 early-stage deals. Among the startups that received funding, Compliance automation platform Sprinto secured the highest amount of $20 million.
In total, around $172.71 million was raised by 30 early and growth-stage startups in the past week. Six growth-stage startups managed to raise $54.5 million, with Recykal, AVIOM HFC, Axio, and 5C Network following Sprinto in terms of funding. Additionally, 12 early-stage startups collectively secured $50 million in funding, with Neysa, GTM Buddy, Planys Technologies, and Butterfly Learnings among the top recipients.
City-wise, Bengaluru-based startups led with 8 funding deals, followed by Mumbai, Delhi-NCR, Chennai, Kanpur, and Hyderabad. This week’s funding activity indicates a continued interest and investment in the Indian startup ecosystem, showcasing the potential and growth opportunities within the country’s entrepreneurial landscape.
