Indian Startups See Surge in Venture Capital Funding Reaching $200M Weekly

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SaaS fintech startup Perfios raised $80 million from Teachers’ Venture Growth (TVG) at a valuation of more than $1 billion.

Lithium-ion battery pack maker and recycling firm Lohum raised $54 million from Singularity Growth, Baring Private Equity, Cactus Venture Partners, and Venture East.

AI-driven dermatology platform CureSkin raised $20 million from Healthquad, JSW Ventures, Khosla Ventures, and Sharrp Ventures.

BlackSoil NBFC, the flagship company of the BlackSoil Group, raised equity of Rs 100 crore (about $12 million) from existing Indian investors and family offices.

Geriatric care service provider KITES Senior Care raised Rs 65 crore (about $7.8 million) led by Dr Ranjan Pai’s Manipal Education and Medical Group (MEMG) Family Office Fund.

Energy Beverages raised Rs 45 crore (about $5.4 million) from JM Financial Private Equity.

Healthtech startup Sugar.fit raised $5 million from MassMutual Ventures, Tanglin Venture Partners, Endiya Partners, and Cure.Fit.

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Shreya Gupta
Shreya Gupta
Shreya Gupta is an insightful author at The Reportify who dives into the realm of business. With a keen understanding of industry trends, market developments, and entrepreneurship, Shreya brings you the latest news and analysis in the Business She can be reached at shreya@thereportify.com for any inquiries or further information.

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