21 Indian startups raise nearly $187 million this week
The Indian startup ecosystem raised around $187 million in funding this week, that included four growth-stage and 13 early-stage deals.
The Indian startup ecosystem raised around $187 million in funding this week, that included four growth-stage and 13 early-stage deals.
Delivering the keynote address during the launch, Goyal said that BHASKAR means ‘Rising Sun’ has been aptly chosen to be the name of the digital platform.
At least 31 homegrown startups raised more than $466 million in 22 deals this week, a significant 75 per cent rise from last week.
Riding on overall economic growth, Indian startups raised more than $395 million in at least 20 deals this week, a massive about 350 per cent jump from $113 million secured last week in 22 deals.
Indian startups successfully raised $1.03 billion in July as the government abolished angel tax in the Union Budget 2024-25 which was levied on foreign investors, according to a report on Saturday.
The Indian startup ecosystem saw more than $200 million in funding this week in 25 deals -- a significant surge from nearly $116.26 million last week.
The funding momentum continued in the Indian startup ecosystem this week as 22 startups raised nearly $116.26 million, led by four growth-stage transactions.
Since this is an amendment to the existing EV policy, the relaxation in registration costs will be valid till October 2025.
About 17 Indian startups have raised $196.4 million in funding across 17 deals this week.
This does not reflect the data for startups with less than 10 employees or do not have a website or LinkedIn page.