Jitendra lauds Himalayan states for driving sustainable growth
Dr. Jitendra Singh was speaking at the CSIR Healthcare Theme Conclave’s inaugural session at SKICC in Srinagar.
The Indian startups continued to raise funds at a normal pace, and last week, 22 startups secured over $447 million in the country.
This included nine growth-stage deals and 11 early-stage deals, reports Entrackr.
“Two startups kept their transaction details undisclosed,” the report mentioned.
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About 30 startups had raised around $287 million, which included 20 early-stage and six growth-stage companies in the week of March 11-16.
Bengaluru-based startups led the funding with 14 deals, followed by Delhi-NCR with three deals.
Among the growth-stage deals, nine startups raised $420.35 million in funding last week.
Healthtech firm Engrail secured the highest funding at $157 million. Following closely behind were the audio series platform Pocket FM, healthtech startup Ultrahuman, and content-to-commerce company The Good Glamm Group, which received $103 million, $35 million, and $30 million in funding, respectively.
Additionally, Atlan, a data collaboration software provider, Curefood, a cloud kitchen startup, Jumbotail, a B2B marketplace and retail platform, Dvara KGFS, an NBFC operating in remote rural areas, and SubKo Coffee, a coffee brand, also successfully raised funds last week.
Moreover, 11 early-stage startups collectively secured $27 million in funding.
Optimo Loan, an MSME-focused lending-tech startup, led the pack, followed by gaming startup Liquidnitro, boutique hotels firm Brij Hotels, and climate tech platform Sprih.
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