The Indian startup ecosystem witnessed significant funding activity this week, with 30 startups securing a total of $287 million in investments. The funding rounds comprised of both growth-stage and early-stage deals, contributing to the steady flow of capital into the country’s entrepreneurial landscape. Notable among them was the B2B SaaS fintech company Perfios, which emerged as India’s second unicorn of 2024 after raising $80 million in a funding round. Additionally, lithium-ion battery pack maker Lohum garnered $54 million in series B funding, further underscoring the growing investor interest in innovative businesses across various sectors. With Delhi-NCR and Bengaluru leading the way in terms of funding deals, the Indian startup ecosystem continues to attract attention and support from investors looking to back promising ventures.
Indian Startups Raise $287M in Funding; 2 Unicorns Emerge
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