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businesspress > Blog > Business > This Week, Funding and Acquisitions in Indian Startups
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This Week, Funding and Acquisitions in Indian Startups

BusinessPress
Last updated: September 21, 2024 2:22 pm
BusinessPress
Published September 21, 2024
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36 Indian businesses raised approximately $628.24 million in funding during the week. This list includes 14 growth-stage deals and 17 early-stage deals, while 5 startups have provided no information about their transactions.

14 firms raised $566.44 million in funding this week across the growth-stage deals. Physics Wallah, an Edtech business, led a $210 million investment round. Whatfix, a SaaS-based provider of digital adoption solutions, raised $100 million. Next in line with funding were mobility startup Everest Fleet, $42 million, $34 million, $50 million, Redcliffe, omnichannel diagnostics service provider, and API infrastructure platform M2P Fintech.

Madhuri Dixit, Ritesh Malik, and Moder Insulators were among the well-known investors Swiggy kept adding to its roster of backers throughout its pre-IPO financing.

Additionally, throughout the week, 17 early-stage firms secured $61.8 million in funding. The wellness clinic network The Wellness Co (Rollins International), the SaaS-enabled marketplace for metal producers NowPurchase, the fintech company Kaleidofin, the data intelligence platform e6data, and the vacation home rentals platform ELIVAAS were among the companies that made up the list.

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