Indian startups have raised a total of $174m this week, according to market intelligence company Tracxn. Late-stage funding accounted for $135m, making up 78% of investments for the week, while early-stage and seed-stage funding stood at $28.2m and $10.4m, respectively. Among the companies that secured funding were omni-channel eyewear retailer Lenskart, which raised $100m in a round led by private equity firm ChrysCapital, and small business lending firm Indifi Technologies, which attracted $35m in a round led by funds managed by ICICI Venture. Other recipients included auto fleet operator Everest Fleet, which received $20m in a round led by ride-hailing giant Uber, and home loan automator Basic Home Loan, which raised $4.7m.
Indian Startups Secure $174 Million in Investments Boosted by Lenskart’s Funding
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