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businesspress > Blog > News > This Week, 24 Indian Startups Raised Over $320 Million
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This Week, 24 Indian Startups Raised Over $320 Million

BusinessPress
Last updated: May 11, 2024 12:51 pm
BusinessPress
Published May 11, 2024
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According to Entrackr, four early-stage startups withheld the amount raised.

Together, about 28 early- and growth-stage startups raised close to $340 million in funding last week.

Seven startups raised about $287 million in funding this week among the growth-stage deals. Atlan, a data and AI governance firm, raised the most money—$105 million.

NephroPlus, a dialysis chain; GreenCell Mobility, a shared electric mobility startup; K12 Techno Services, an education service provider; and Lendingkart, a lending company, raised $105 million, $36.7 million, $27 million, and $10 million, respectively.

Fresh produce supply chain establishment Superplum was number one on the list, followed by a platform for buying and selling goods in bulk (Pashn), a log analytics startup called Parseable, an ecosystem for fodder to support dairy farmers (Cornext), and a startup that redesigned tyres (Regrip).

The funding amount for GyanLive, QUE, trackNOW, and Food Square, among other early-stage startups, was not disclosed. Bengaluru-based startups led the city in deals, with nine, followed by Delhi-NCR, Mumbai, Hyderabad, Ahmedabad, Gandhinagar, Indore, and Kolkata.  More than $320 million has been raised by 24 Indian startups in funding this week, which includes 7 growth-stage deals and 13 early-stage deals.

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