24 Indian Startups Raise Over $229 Mn In Funding

New Delhi: At least 24 domestic startups secured more than $229 million in funding last week, which included six growth-stage deals worth $182.65 million.

The week saw 13 early-stage deals worth $46.14 million. Overall, Bengaluru-based startups led with eight deals, followed by Delhi-NCR, Mumbai, Hyderabad and Kolkata, as per industry data.

The funding momentum was led by mobile advertising network software InMobi which raised $100 million in a debt funding round, followed by MSME-focused fintech lender FlexiLoans which secured $35 million.

While employee healthcare platform Onsurity secured $21 million, spiritual tech startup AppsForBharat raised $18 million.