Indian Startups Raise $174 Million Led by Lenskart Investment: ETtech Deals Digest

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Indian startups raised $174 million in funding last week, boosted by a $100 million investment in eyewear retailer Lenskart by private equity fund ChrysCapital. However, funding activity across startups declined 83% compared to the same period last year, when firms raised $1.05 billion across 60 rounds. Early-stage and seed-stage investments stood at $28.2 million and $10.4 million respectively, while late-stage funding reached $135 million. MSME lender Indifi Technologies raised $35 million as part of its latest funding round, with participation from ICICI Venture and existing investors including Flourish Ventures and OP Finnfund Global Impact Fund I. Fintech platform Basic Home Loan raised nearly $5 million, while agritech start-up Unnati Agri raised $3.8 million.

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Devika Singh
Devika Singh
Devika Singh is an insightful author at The Reportify who covers the world of startups. With her finger on the pulse of the startup ecosystem, Devika brings you inspiring stories, innovative ideas, and groundbreaking ventures from the World Startups category. She can be reached at devika@thereportify.com for any inquiries or further information.

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